When you’ve had your air conditioning system for a decade or more, you’re going to begin to consider replacing it. Or at least you’ll think about it when the air conditioner starts to experience routine problems that require having professionals repair it. Repairs cost money, and at what point does the cost of repairs outweigh the cost of investing in a new air conditioner?
This is one of the Big Questions homeowners face with their HVAC systems. We’d like to shed some light on the question of whether an AC repair is worth the cost or if it’s time for a new AC.
Each home and AC repair is different. We cannot give you a concrete answer in a general blog post to the question of whether a specific problem your air conditioner has is worth repairing or not. We need to have more information. The advice below is to help you think about your choices, but we strongly recommend you call our technicians to examine the system and offer you professional advice about whether you should continue with repairs or get a new air conditioner.
Air Conditioning System Age and the Rule of 5,000
The older a central air conditioner is, the higher the likelihood that replacing it is a better choice when it has repair needs. The estimated service life expectancy of a central AC is between 10 to 15 years, and it’s generally a good idea to have a new system installed after it’s more than 15 years old, even if it isn’t outwardly malfunctioning.
You can use the age of your AC to apply the criteria of the “Rule of 5,000.” This quick math formula will give you an idea of the worth of a repair vs. the worth of a replacement. It works like this: multiply the age of the air conditioner in years by the quoted cost to repair it, and if the result is a number less or equal to 5,000, the repair is not too expensive. If the resulting number is more than 5,000, the repair is too costly compared to getting a new system.
For example, if you have had your malfunctioning air conditioner for 10 years and the cost of fixing it is $350, that repair wouldn’t be too expensive. (10 x 350 = 3,500) If you’ve had your AC for 14 years and the repair price was the same $350, that repair would be too expensive. (15 x 350 = $5,250).
The Repair Cost vs. Replacement Cost
Another rule of thumb you can apply is to compare the quoted cost of a repair to the cost of getting a new air conditioner. If the cost of the repair is more than half the cost of the new installation, then that’s far too expensive—you’d be sinking too much money into an old system that should go to the new one.
Call Us Today for the Service You Need—Whatever It May Be
You may have an idea at this point about the future of your AC. Whether it’s a new AC or AC repair in Downingtown, PA, we’re the trustworthy team who will help you make the choice and then get the job done right.
Call Signature HVAC for Signature Service You Can Trust! We deliver service in hours, not days!