Rent vs Buy

What is the difference between renting vs. buying HVAC equipment?

One thing we’ve learned over the years is that each home that we enter is different than the last. Homes come in many shapes and sizes, but all are expensive to maintain. We understand that HVAC equipment can feel like one more expensive thing to worry about.

That’s why A1 provides many different payment options for replacing and maintaining your HVAC equipment.

If you buy your new HVAC equipment outright, then you will need to pay the total purchase amount upfront. You own the equipment in full, after installation and payment has been made. You are responsible for all servicing of your HVAC equipment and any required repairs over time.

There are many different types of rental programs in the market. Renting usually means $0 down, with structured monthly payments for the term of the contract. Service and repairs are usually covered in the contract.

“Don’t be skeptical about the thought of renting a furnace or AC with A1. Our rental program is built on transparency and integrity. No confusing fine print. Clear terms. We are different. You’ll see!”

Peter Messenger, President of A1

Renting is most appealing to those who do not have the initial large cash outlay to buy, and are more comfortable with monthly payments. It will cost more to rent in the long run but it is easier on your wallet today.

Some competitors offer monthly payments that can last forever, with expensive buy-outs if you want to stop renting. Or you can also experience unexpected increases in your monthly rental rates over time. Lots of conditions and terms can be buried in the fine print of rental contracts, so you have to be very careful. This is where the details really matter!

How A1’s Rent to Own program is different (and better!)

At A1, we are proud to say that our Rent to Own program is honest, straightforward and easy to understand. Read on…

There are no hidden surprises and your low monthly payments will never increase over time. We are very transparent with our customers so you will always know the exact benefits and terms of your agreement.

We think it is better for your monthly payments to go toward owning your equipment in the end. So, you are not throwing your money out the window.

Yes, renting costs more over time than buying but with our program, you own your asset at the end. And that is a good thing!

Our Rent to Own program at A1 is both affordable and worry-free. A great combination.

Here is what you can look forward to with our A1 Rent to Own program:

  • No deposit required means $0 upfront
  • No increases in your low monthly payments – they stay the same over time
  • Free quality installation by A1, plus old equipment removal
  • Free service, labour and repairs. So you will be fully protected from any unforeseen costly repairs
  • Your equipment will be inspected and professionally serviced annually by A1 – the best service in the business, available 24/7 in case of emergency
  • We only install top-of-the-line, high-efficiency HVAC equipment – you will be proud to own your furnace or air conditioner at the end of the rental term
  • All our major HVAC products are covered by our warranty and are ENERGY STAR efficient
  • A1 can include other accessories like indoor air quality products and humidifiers on your custom rental agreement
  • You can stop renting at any time – buy-out rates are clearly agreed to up front and there are no hidden penalties or charges
  • Easily transferable if you sell your home or you can simply buy out your equipment and include it in the sale of your home. We offer total flexibility

Compare the benefits of renting vs. buying a furnace at a glance

RENT TO OWNBUY UPFRONT
Furnace Cost RangeStarting at $2.60 a day… or $78 month$4500+
Installation charge$0Included
Maintenance charge$0Included with purchase of Protection Plan (average cost of annual tune-up $150). Option to purchase a Protection Plan to include all annual cleaning/tune-up
Repair costs$0Option to purchase a Protection Plan to cover repairs like a furnace blower motor (average cost of repair is $950-1750) and a furnace gas valve (average cost of repair is $550-750).
Extended warranty$0Included with purchase of A1’s own UltimateCare warranty
Top-of-the line reliable high efficiency furnaceYesYes
24/7 Emergency ServiceYesYes – if a Protection Plan is purchased to cover service on the furnace
Who owns the furnace?A1 owns the furnace until the rental term is overYou own your furnace
Agreement lengthYou own your furnace after 10 yearsNone

A1 has the most honest Rent to Own program in the Ontario market today

Our Rent to Own program is easy to understand, affordable and worry-free. If you are skeptical of rental agreements, we understand – but you’ll have a different experience dealing with A1, we promise.

We don’t have any fine print in our agreements or conditions that are hard to understand – all rental terms are straight-forward and fully explained by our Solution Specialists at A1.

We would be pleased to set up a video call to discuss your needs or speak on the phone. We can answer all your questions. And we can structure a customized Rent to Own program that fits exactly what you need.

Complete the form to request a no-obligation quote by phone or video. We will connect with you within 2 hours.
If you prefer, call us directly at (647) 691-6499.

  • This field is for validation purposes and should be left unchanged.

For your piece of mind - this is our promise

Our A1 team always wear PPE (masks, gloves, foot covers)

We thoroughly disinfect all surfaces that we touch

You can prepay for your service. No need to touch a handheld payment unit

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Complete the form to request a no-obligation quote by phone or video. We will connect with you within 2 hours.
If you prefer, call us directly at (647) 691-6499.

  • This field is for validation purposes and should be left unchanged.

For your piece of mind - this is our promise

Our A1 team always wear PPE (masks, gloves, foot covers)

We thoroughly disinfect all surfaces that we touch

You can prepay for your service. No need to touch a handheld payment unit

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