5 Benefits of a Rent to Own AC Rental Program
Anyone in need of a new air conditioner may be wondering how to pay for one. AC businesses often provide flexible payment options to help customers. Borrowing a page from the real estate industry, companies may offer rent to own deals. Not every customer is familiar with this approach. Here are five points about what makes renting to own a good deal.
1. You Finance the Deal
A rent-to-own plan for buying a new air conditioner eliminates the need to pay for everything in cash at the time of purchase. Rent-to-own deals are, essentially, loans. Everything is paid off over time.
2. Expand Your Financing Options
Persons without a credit card or with only access to high-interest cards gain another financing option. Since you finance directly with the renter/seller, there’s no need to rely on a credit card issuer. Also, while rates may vary based on creditworthiness, cooling companies likely won’t charge a punitive rate on their customers. Renters might discover bad credit won’t disqualify them, which is another plus.
3. All Costs Are Inclusive
With the rent-to-own deal, the customer pays for the unit and the installation. All the costs associated with acquisition, delivery, and installation do factor into the monthly rental price. Customers won’t pay several bills for a single air conditioning unit. The rent-to-own deal makes managing all expenses straightforward and hassle-free.
4. Repairs and Warranties Come With the Deal
Customers won’t find themselves stuck with repair and maintenance bills if the system malfunctions. Any troubles falling under the accompanying warranty won’t come with added repair costs. Be sure to read the warranty thoroughly so that you know what is and isn’t covered.
5. You Can Switch Out to a New System
When the rental deal ends, you can make a purchase or choose to pass. Customers wishing to upgrade to a new model can decline to make a buy and start the process over again. Going this route might be easier than buying a new model every 36 months or so.
At Guaranteed Comfort Heating & Cooling, we provide service to customers living in Windsor and the surrounding regions. We can assist with all of your heating and cooling needs, including installation and maintenance. Call us today to learn more.