Alternatives to Reliance for Water Heaters

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Alternatives to Reliance for Water Heaters

ookpik Offline

Senior Member

Posts: 698
Threads: 16
Joined: Sep 2014
Reputation: 17

05-18-2015, 05:03 PM

(05-17-2015, 08:07 PM)SammyOES Wrote: I'm not sure what the contract details are, so I'll need to look into that. But definitely thinking of just buying a new one and being done with these guys. Our current rental cost is something like $32/month.

You'll need to buy out the contract. If the unit isn't old then it may be worth doing that so as to stop the $32/month. If it's an older unit than you'll want to return it to the rental company, which adds to the buy-out cost.

But at $32/month or $384/year you could buy a new water heater about every 3 years and still break even. Considering that new heaters come with at least a 5 year warranty and typically last at least 10 years it's obvious how big a rip-off renting is.

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