When you own your own home, it's important to take good care of your furnace with yearly routine maintenance. When your furnace breaks, determining whether it can be repaired or it needs to be replaced can become problematic. Depending on the age of your furnace, the costs associated with a repair or replacement, or potential for repair, will help you decide what to do. Talk with the professional HVAC repair person that comes to your home when your furnace breaks for their advice, and make your decision based on a number of factors.
The Age of Your Furnace Matters
The older your furnace is, the more likely it will be cost effective to replace the furnace if it breaks. This is because furnaces lose their efficiency over time, and eventually running an older furnace costs too much money. You will lose money trying to heat your home with an inefficient furnace, and replacing a furnace that is no longer working effectively is necessary. Furnaces last roughly 15–20 years, and if your furnace is this old, it's probably time to replace it.
The Number of Repairs Your Furnace Has Required Recently
If you have been sinking money into your furnace and you continually have to repair it, you may need to replace your furnace. Just like a car, the more frequently your furnace breaks, the more likely it is that you should replace your furnace soon. As your furnace ages, the cost of repairs will eventually be more than replacing the furnace completely.
You Have a Furnace that Is Less than Ten Years Old
If your furnace breaks, but it is less than ten years old, a repair is probably in order. Even if the repair is a cracked heat exchanger, if the furnace is less than ten years old this repair may be under warranty. If you have paperwork from the purchase of your furnace, check to see if the repair is something covered by the warranty you received upon purchase. Since your furnace can last another ten years, a repair is probably cheaper than buying a completely new unit.
Replacing your furnace can get very expensive, and when you can repair your furnace instead of replacing it, you won't have to incur this significant costs immediately. When your furnace breaks, contact an HVAC professional like Hayes Heating & Cooling who can assess the situation and give you advice on whether you should repair or replace your furnace.