Whether to Buy or Rent an Air-Conditioner?

When summers are around, you want to stay indoors and just enjoy the cool breeze of the Air-conditioner. Some people go ahead to buy whereas some rent the air-conditioner. Each person has it’s own way and many people find buying an AC a foolish idea. However, there is no wrong answer. Whatever choice you make this summer, whether you are buying or renting an air-conditioner, it will solve your problem immediately and beat the heat.

Here the choice of whether renting or buying an air-conditioner depends on one’s convenience and priorities. So, instead of battling over whether to buy or rent an air-conditioner, let me list down the pros and cons of both renting and buying an air-conditioner and leave it for you guys to decide what do you want?

Pros of Renting an Air Conditioner

You get a brand-new air conditioning unit installed.

Often you pay in low monthly payments, so the upfront fee is much lower.

Typically, air conditioner unit rental comes with guaranteed service.

Cons of Renting an Air Conditioner

You may be locked into a long contract.

Renting a unit doesn’t add to the value of your home, so if you’re planning on moving, it might not be right for you.

You are continuously paying off the air conditioner, so you will have to budget in monthly payments.

Pros of Buying an Air Conditioner

You own the air conditioning unit and can do what you want with it.

If you own your house and do plan on selling, an already installed air conditioning unit can add value to your home.

Many air conditioner providers offer financing plans, so your upfront costs will be reduced.

There are several government rebates available when you buy an air conditioner.

When it’s paid off, it’s paid off and you don’t need to worry about monthly rental payments.

Cons of Buying an Air Conditioner

It can be more expensive upfront than air conditioner rental.

You are responsible for paying for maintenance costs.

If the unit breaks down, it’s up to you to get it fixed or replace it.

Choosing between buying a central air conditioner and renting one all comes down to personal preference. It can be similar to the decision of whether to buy or lease a car.

Some questions you may want to ask: are you planning on moving in the next few years? How much are you willing to pay upfront? Would you rather pay upfront or have an ongoing monthly payment? Do you want to be responsible for maintenance and repairs?

Having said that I think by going through these above-mentioned sets of pros and cons you may have already understood by now that what do you want? At last, I would just say that renting an air-conditioner is best if you have are leaving in a rented place and do not have a house of our own, whereas, on the other hand, it is a good idea to invest in new Air-conditioner if you own a property.