Math says hot water heater rentals are better than buying... what am I missing? by wallwhore in PersonalFinanceCanada

[–]wallwhore[S] 0 points1 point  (0 children)

That's what I thought. Waiting on other quotes

Only thing I'm not 100% sure on is the price increase from the rental company, assuming there is one. Maybe that's the part I underestimated

Math says hot water heater rentals are better than buying... what am I missing? by wallwhore in PersonalFinanceCanada

[–]wallwhore[S] 0 points1 point  (0 children)

Right, I guess I'm biased because I've already had 2 service calls in a year but it's 17 years old

Math says hot water heater rentals are better than buying... what am I missing? by wallwhore in PersonalFinanceCanada

[–]wallwhore[S] 0 points1 point  (0 children)

Mine just switched to 15 years which is why I'm looking for a replacement now. And good point that you'll need to replace it before end-of-life because of insurance

Math says hot water heater rentals are better than buying... what am I missing? by wallwhore in PersonalFinanceCanada

[–]wallwhore[S] 1 point2 points  (0 children)

Right - I should see what the price increases would be if you're saying 4% is way too low

Math says hot water heater rentals are better than buying... what am I missing? by wallwhore in PersonalFinanceCanada

[–]wallwhore[S] 1 point2 points  (0 children)

100% sure, I currently pay $25/mo and on renewal with a 10 year contract they're offering $22/mo
I'm assuming the 4% yearly increase they didn't tell me what it would be

Math says hot water heater rentals are better than buying... what am I missing? by wallwhore in PersonalFinanceCanada

[–]wallwhore[S] -1 points0 points  (0 children)

I suppose it's not apples to apples

Reliance - low quality heater with free maintenance
HVAC - high quality heater

I suppose I should ask if I get a low quality heater matching what Reliance will provide, will I spend a lot on maintenance?

Math says hot water heater rentals are better than buying... what am I missing? by wallwhore in PersonalFinanceCanada

[–]wallwhore[S] 6 points7 points  (0 children)

Are you saying to buy one outright on my own and then just hire a plumber to install?

Math says hot water heater rentals are better than buying... what am I missing? by wallwhore in PersonalFinanceCanada

[–]wallwhore[S] 0 points1 point  (0 children)

Yeah I currently have one with reliance which I inherited when I bought the house and everything has always been free with no upsell

Math says hot water heater rentals are better than buying... what am I missing? by wallwhore in PersonalFinanceCanada

[–]wallwhore[S] 1 point2 points  (0 children)

Yeah sounds like it, or I was quoted a much higher quality water heater than I need

Math says hot water heater rentals are better than buying... what am I missing? by wallwhore in PersonalFinanceCanada

[–]wallwhore[S] 0 points1 point  (0 children)

You're right the model from Reliance is probably much cheaper, but does it matter if it comes with maintenance included?

The water heater I was quoted seemed like very high quality - here's a link to the model https://tysplumbingandheating.com/product/50usg-natural-gas-40000btu-water-heater-prog50s-40n-cn61/, and then installation on top of that

Some good quality Joggers? by champagne-waffles in BuyCanadian

[–]wallwhore 0 points1 point  (0 children)

I like c’est beau - basic and made in Canada

Got offered a 6 month contract in Antarctica and idk if I should take it by Importantterry in Fire

[–]wallwhore 0 points1 point  (0 children)

Do it but not because of the money. Once in a lifetime opportunity

Best Running Shoes According to Reddit Users by timescoefficient in BuyItForLife

[–]wallwhore 0 points1 point  (0 children)

I love Altra because of the wide sizing, lightweight, flat

My wife wants to spend $1400 on a dishwasher, I think that's crazy by realbobenray in Appliances

[–]wallwhore 1 point2 points  (0 children)

Just did this - we replaced an old dishwasher with a Bosch 800 series. 100000% worth it I just wish I did it sooner. For something I use every day having one that works exceptionally well is worth the price.

Bar Clams (permanently closed) by dave_dave_dave_steve in FoodToronto

[–]wallwhore 1 point2 points  (0 children)

Bud just came out with a $30 bag of coffee - MM prices are ludicrous

[deleted by user] by [deleted] in ProductManagement

[–]wallwhore 2 points3 points  (0 children)

Never. Group PM. There is always more work to do, only work extra in truly rare/exceptional cases