HVAC Replacement Rule:
From: | To: |
The $5000 rule is a simple guideline to help homeowners decide whether to repair or replace their HVAC system. If the product of your system's age (in years) and the repair cost (in dollars) exceeds $5000, replacement is typically recommended.
The calculator uses the simple formula:
Where:
Explanation: This rule accounts for both the diminishing returns of repairing older systems and the increasing likelihood of future repairs.
Details: This rule helps homeowners make cost-effective decisions by balancing repair costs against the benefits of a new, more efficient system.
Tips: Enter your HVAC system's age in years and the estimated repair cost in dollars. The calculator will determine whether repair or replacement is more economical.
Q1: Is the $5000 rule always accurate?
A: It's a guideline, not absolute. Consider energy efficiency improvements and frequent repairs as additional factors.
Q2: What's the average lifespan of an HVAC system?
A: Typically 15-20 years, but proper maintenance can extend this.
Q3: Should I consider energy efficiency ratings?
A: Yes, newer systems often have significantly better SEER ratings, which can save on energy costs.
Q4: What if my system is under warranty?
A: Warranty coverage may make repair more attractive regardless of the calculation.
Q5: Are there exceptions to this rule?
A: Yes, very high-end systems or those with sentimental value might warrant different consideration.