REPAIR OR REPLACE
MAKE THE RIGHT FINANCIAL DECISION
Does it make sense to repair your old system or should you invest in a new one?
If the total cost of repairs exceeds $5,000, you’ll want to replace it.
When to repair
When considering repairs, there’s a surprisingly simple formula widely used across the HVAC industry for evaluating the best use of your money. Just multiply the unit’s age by the cost of repairs. If the total exceeds $5,000, you’ll want to replace it. You’ll want to do the same if you’re finding yourself repeatedly repairing the same system.
On the other hand, if your system calls for the occasional repair while performing well overall—or if it’s is less than five years old—it’s likely a replacement won’t be necessary for some time.
Either way, your Lennox Dealer can provide you with a return on investment and lifetime cost analysis to help inform your decision.