When Should I Replace My Furnace Instead of Repair in MacDonald Ranch, NV? What is the $5000 Rule?

During this time of year, many homeowners are getting their furnaces serviced to ensure that it is up for the task of heating their homes as the weather starts to cool off. During these service appointments, it isn’t uncommon for a repair to pop up here and there. It is also fairly common for a furnace to have issues turning on for the first time when the homeowner needs to use it regardless of having a service appointment or not. When this happens, many homeowners are left wondering if repairing their old furnace is the right move, or if they should move on and go ahead with a furnace replacement instead. Hal Mechanical is here to talk about furnace repairs and how you can determine if it is worth it for your old furnace.

How Do I Know if My Furnace is Still Under Warranty?

After you first have your furnace installed, it should come with a warranty that would cover anything that happens to the furnace for a certain number of years. If your furnace isn’t too old, you want to make sure that you’re taking full advantage of that warranty, should you need to use it. Make sure you’re using a company that will honor the warranty you have on your furnace as they work to repair it. However, if you have an older furnace, there is a good chance that the warranty is no longer any good.

Type of Furnace Repairs Change with Time

In the first years of your furnace’s life, the repairs are likely going to be small if you have any at all. However, as your furnace gets older, the repairs are going to be more expensive as the problems are usually larger and more costly. If you have a warranty that still covers repairs, then obviously just have it repaired and move on. If you have to pay for it out of your pocket, it becomes an entirely different story.

What is the $5000 Rule of Furnace Repairs?

Using the 5000 rule is a good way to determine your next step with an older furnace. To calculate the value of the repair vs replacement, you can multiply the cost of the repair however many years your furnace is old. If that number is higher than 5000, you may want to consider replacing it rather than repairing it. When you start getting repairs that are high in cost, you have to consider putting that money toward a newer and more efficient furnace rather than dealing with one that is on its way out.

Furnace Heating Tune Up Maintenance, Repairs, Replacement & More in Aliante, Centennial, Desert Shores, Eldorado, Enterprise, Green Valley Ranch, Henderson, Lone Mountain Village, North LV, Peccole Ranch, Paradise, Silverado Ranch, Spring Valley, Summerlin, Sunrise Manor, Tuscany Village, Whitney, Winchester & Las Vegas Nevada

If your furnace is giving you problems, you can count on the pros at Hal Mechanical to come and diagnose the problem. We can help you determine if it makes sense to repair your older furnace or if you would be better off replacing it with a new one that would be more efficient and reliable. Call us today!

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