We just bought a home and are going to close within the next month, yah.
My question is that the Furnance is 45 years old and has never been repaired. It's the original furnance with the house. Should we replace it or wait for it to go?? DH thinks it would be a smart idea to shop around now that it's not season and is not broken so we can get a deal rather than when it goes, get ripped off so we don't freeze. What do you guys think?? TIA
cjb88
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Re: Furnance Question
it dosnt hurt to start to look around and find out prices...
NPbride
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Re: Furnance Question
It def doesn't hurt to look around and get prices. I think Swezey's during the summer gives a discount and interest free for 2 years to pay it off (of course you would have to use them for the 2 years). But, our furnace is older and our engineer told us we would have to replace it sometime soon. We had 4 companies come in to look at it and they all said we could get 3/4 years out of it.
IrishBride-05
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Our furnace was about 50 years old too. We ended up converting to gas and doing a big job, so we never looked into getting it replaced, but I believe that oil companies do give good deals and now is a good time of year to shop around.
september2004
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Re: Furnance Question
we have a similar issues with a water heater. it's something like 10 years old and could go at any moment. we initially were going to replace it right away, but have decided to replace it once in breaks. we'll hopefully have done all our homework and will have everything lined up ready to go...
LMFitz
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your DH is a smart man! I had a similar situation when I bought my house 5 years ago. I moved in the first week in December - knowing that the furnace was old and had been neglected. It lasted me until February when it crapped out on me - leaving me with no recourse but to pay a premium for new installation.
At the time, Keyspan was offering free boilers to anyone who converted to gas - so that was a huge savings! But I still got robbed because the plumber charged me $3,200 to install it. This was about 5 weeks before I met FI - who could have installed it for about $200 in materials!
David'sbride
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Re: Furnance Question
There is no way it can still be effcient!!! It actually pays to replace it now because of the money you will save on energy costs.
Many oil companies willl allow you to pay it off in interest free payment plans. My only caution is ask them how much per gallon you will be paying. Petro is great about their payment plans but their oil per gallon is at least 50 cents more sometimes higher than everyone else.
We just got ours done on Tuesday by Meenan. Our job was about $4000 but we have an interest free monthly payment plan. It's an all day job and it's messy. They scrapped up our basement stairs pulling the old one out (we have to retouch the paint) and they left huge dirt stains on the wall we painted 6 months ago but it was a tight fit gettting it up and down. Luckily, I could scrub it our because IU used Benjmin Moore paint on the walls.
Definitely do it now, especially before you paint or redo the floors. Get several estimates and ask about different models.
