How the Big Rental Companies are Fooling You

The big rental companies aren’t telling the truth

The big rental companies want you to keep renting your water heater for a good reason – they make a lot of money from it. And they’re in a hurry to discredit local businesses offering an alternative.

The capital T Truth is that buying is, in most cases, more affordable. Before you take their word for it, read the rest of this blog.

Rental companies say installation is prohibitively expensive, if you can find a technician to install one at all.

We call false on this.

Frist, the cost of installation is included in your regular, manageable payment. The same way it is included in your rental agreement. There is no extra installation fee tacked on. There is no difference between installation in a rental contract and installation in a buyers contract.

Second, you’ve already found your installation technician here at Air Treatment ClimateCare.

Rental companies say renting is the only way to get a competitive payment, and if you buy your unit, you’re stuck with a large payment right away.

Renting is the only path to endless payments, but certainly not the only path to a competitive monthly payment.

In many cases the cost of owning is actually lower than the cost of renting. You can find out if your cost of owning will be lower on our sister site right here.

And you’re never hit with a big, unexpected payment. If you want to pay for your entire unit at once, you can. It’s your choice. You can also pay in regular installments, just like a rental contract. The only difference being you own the unit and your payments eventually stop.

Right now, your rental provider’s agreement allows them to raise your payments by as much as 3.8% every year. Over the course of a typical 15 year contract you could be paying 50% more than when you started. When your contract expires, you sign on for a new one and your payments continue.

Rental companies say you can never be certain of the quality of work a local contractor provides.

Our contractors uphold the highest standards in the HVAC industry. Higher than the big rental companies. It’s a quality required of all ClimateCare members.

We update our technical education and training regularly.

We maintain a high customer satisfaction rating on HomeStars, which you can verify for yourself right here, and quality is never a concern for our customers.

Rental companies say parts and labour can cost you hundreds of dollars when the heater breaks down.

Maintenance is included in the purchase of your new water heater.

The purpose of this is to stop your water tank or tankless water heater from breaking down in the first place.  And we call you to schedule your maintenance so it never gets missed. It gives your water tank a longer, more efficient life. When was the last time your water heater rental company called to schedule maintenance?

Rental companies say your local contractor isn’t as reliable as theirs and will charge diagnostic fees to uncover any problems.

We are available 24/7. It’s part of our commitment to reliability. Even if you call at 4am, you’ll get a response within an hour.

Aside from that, this claim relies on problems with your water heater, and most of our clients never experience a water heater issue. That’s because we provide proactive maintenance as part of your purchase, not reactive repairs when something goes wrong.

Anything that might be starting to go wrong, we’ll catch and repair under warranty. No weird “diagnostic” fees.

The big rental companies don’t want you to move away from the rental culture because it’s a great revenue stream for them. Sure, we want your business. But we can also save you money. It’s a win-win.

Get in touch with a member of our team to talk more and get a detailed picture of what it’s like to buy your new water tank or tankless water heater.