Picture it: it’s July, inching closer and closer to triple digits, and your air conditioning unit dies. It just dies. Quits working. No more air conditioning, no more cool air to help you stay comfortable. It’s gone.
So you call an HVAC company to come perform an inspection and they confirm what you already knew – it’s time you purchased a new AC system. And then they follow up with something you didn’t know – a new system is going to cost more than you imagined, ranging from $7,000 to $70,000, factoring in the type of system(s) you desire, the style of home(s) you have, and the type of energy source you’d like.
It’s time to make a decision. Spend the hottest time of the year soaking in sweat and taking cold showers? Or spend all your savings (and maybe sell a body part) to cover the cost of a new system?
Or option three? Financing.
It’s been reported that over 65% of homeowners considering taking on a home improvement project are planning on financing their project. When you consider that the standard consumer in the United States has less than $5,000 they can get their hands on, it makes total sense. So when life happens and things breakdown, and unexpected costs such as an AC repair or replacement is needed, it is essential that we have affordable financing options available.
At McElroy Service Experts Heating & Air Conditioning we have multiple financing options for consumers looking to replace their heaters or air conditioners. The first category of options would fall into our promotional financing programs, which include no interest or deferred interest. Promotional purchasers are those that will most likely have the available money to pay off the loan short term, typically within 12 months with no interest charges, so long as the amount financed is fully paid off during or before the promotional period lapses.
McElroy Service Experts Heating & Air Conditioning also offers financing options with a lower monthly fixed payment and a reasonable interest rate. This is for buyers who may not have the full amount as quickly but can afford a lower cost each month. A common program includes a 7.99% APR for either 60 or 120 months. A new, high efficiency heating and cooling system can cost an average of $10,000. Choosing the 7.99% 120 month loan program can cost as little as $121/month. This program makes a new HVAC system more affordable, while also obtaining an efficient system that will help lower energy bills while providing home comfort.
The financing programs at McElroy Service Experts Heating & Air Conditioning are included below:
- Low monthly payments
- No down payment
- No annual fees
- No prepayment penalties
- Competitive interest rates
With so many programs, why wait? Call McElroy Service Experts Heating & Air Conditioning today for a complimentary in-home home comfort analysis and we will help you discover which heating and air conditioning system is right for your home AND which financing option is best for your life. We can’t wait to hear from you!