While buying
everyday gadgets and appliances is easy, when it comes to buying boilers,
arranging for a finance deal is cumbersome. Not only the purchase, installation
of boiler and paying the tradesman too takes a lot of money.
However,
thanks to attractive financing schemes by several boiler manufacturers, buying boilers on finance is not difficult
anymore. This has led the sales and installation of new boilers by leaps and
bounds over the last few years. You can find more information here.
Many households
replace their age old under functioning boilers with new energy efficient
boilers depending upon these financing deals. Companies offer 0% finance, pay
later buy now scheme and even fixed finance options on boilers. The most common
boilers on finance options are
of monthly installments. However, when taking finance, households should be
careful in calculating the total cost on boilers at the end of the financing
term. Many a times the monthly installments are divided such that the total
credit turns out to be big than your savings.
Other finance
options include fixed finance term such as 3-year or 5 year loan. Shorter loans
have higher monthly payments and vice versa.
Yet another
finance option is to take the boiler home and not to pay anything for the
initial 2-3months. The rest amount is divided into agreed term of 8 or 12 months.
However, be
careful if you plan to make an early settlement of your loan. Many companies
charge a penalty fee for early settlement.
You can find
interesting deals through online boiler company portals.
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