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View Full Version : renting vs buying



jimy
01-10-2010, 06:28 AM
renting vs buying what is a fair price and is it worth it.$2000-$30=5.5 years

Cass
01-10-2010, 06:36 AM
It depends on if you want to pay for repairs when they happen or if you want to pay for them a little each month...

and if you have the initial cash out lay for the up front purchase...

also how long you may live in the home...

Cookie
01-10-2010, 06:46 AM
Owning is always better than renting for many many reasons. Security is one of the biggest.
Renting is like putting money in a pocket with big hole.

Peter Griffin
01-10-2010, 07:11 AM
You pretty much have to project the total cost over the lifetime of the contract and how long you expect to stay in the home.

hj
01-10-2010, 07:19 AM
Few softeners have any problems during the first five year period, and when they do, it is usually more ecomonical to just replace it. That being the case, a new softener in six years or so will be much less than what you are showing for a rental fee.

Gary Slusser
01-10-2010, 12:34 PM
renting vs buying what is a fair price and is it worth it.$2000-$30=5.5 years
$2000 for a 5 year old softener.... not financially smart IMO.

Much better is to buy online for like $650-$850 and install it yourself or hire a plumber to do it for a few hundred and when it needs a new part, buy it from many online or local dealers for like $50-$130 and install it yourself.

Anyone can rebuild a softener if they have the desire and a control valve service manual with parts breakdown. Autotrol, Clack, Erie and Fleck control valves all have one.