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Why You Shouldn’t Lease AC Equipment

Why You Shouldn't Lease AC Equipment If you have an HVAC system that is in need of repairs, you may be considering replacing it with a new one. However, the cost of a new system may seem a little steep at first glance and, if you’ve heard about companies leasing AC equipment, you might think that’s a better option. Initially, it may seem like a good choice to lease equipment, because the leasing company will try to persuade you with benefits such as no up-front costs, low monthly payments, and a lifetime of repairs. But, when you take a closer look, it may not be such a good idea. That’s because, when you lease AC equipment you:

Don’t own your equipment

Because you are just leasing the AC equipment, you don’t technically own it. Depending on the contract that you sign, you may very well be responsible for potential damage to the equipment, even though at the end of the contract they will be the ones who get to keep it.

Will be at the mercy of the leasing company

The leasing company sets the cost of damage, should your AC unit get damaged, and they also get to choose who will repair it and when it gets repaired. Plus, there will most likely be a no-sue clause in the contract, so you won’t be able to seek legal recourse should a situation arise that calls for a lawsuit.

Will be spending more money in the long run

Leasing companies promote their low monthly payments; so, at first glance it may seem like a cheaper option to lease. However, over an extended period of time, you will eventually end up paying more than the cost of buying a new AC system. And, at the end of the contract, you will either have to overpay to purchase the system you’ve already paid too much for, resign the lease, or pay a fee to have your system removed.

Turn to Premier HVAC Mechanical Corporation for a Brand-New HVAC System

When you turn to the professionals at Premier HVAC Mechanical Corporation, you will get to choose from either a Goodman or Carrier HVAC unit, two of the most trusted brands in the business. Then, our team of factory-trained and -certified technicians will install your new air conditioner, utilizing the latest techniques to ensure that it runs as efficiently as possible. If you’re ready to own a top-of-the-line system that will keep your home at a comfortable temperature all year long, contact the experts at Premier HVAC Mechanical Corporation today.

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