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Purchasing and installing a new boiler into your home is one of the largest, single expenses that homeowners and landlords have to deal with, and it often seems like the task is impossible to complete without spending a fortune.
However, it doesn’t have to be that way. In this article, we’re going to have a look at how you can save money on your new boiler by shopping around. If you’re working on a tight budget, then you’ve come to the right place. Read on for more about why you should obtain more than one new boiler quote when shopping for a new boiler.
Save Money by Shopping Around
One of the best ways that you can save on the cost of your new boiler and its installation is to shop around and take a look at several new boiler quotes. Consider a visit to the New Boiler Quote website to help with this.
When thinking of installation, you may want to start with energy companies for quotes, but you should take independent traders into consideration as well.
They will generally charge up to a third less for installation. What’s more, you should also bear in mind any guarantees that are offered on the work when comparing prices. Do be wary of having to pay more for a warranty that might already be included on the equipment by the manufacturer.
The majority of energy suppliers will offer to install your new boiler, then allow you to spread the cost over a period of a few years. These monthly payment options can be very useful if you are working on a tighter monthly budget.
Before you begin, we strongly suggest that you do some research to see how the price of the new boiler that the provider is offering compares to that of other providers out there. When you do this, pay careful attention to whether the price is inclusive of installation. Some providers will charge a separate additional fee for installation.
If you’ve taken all of these things into consideration, and the price is still a competitive one, you are going to want to ensure that you are being offered an interest-free – % representative APR – loan.
The rate that you are offered will vary from one supplier to the next, but in general, you are more likely to get a boiler loan free of interest if you are able to repay your loan in 2 years or less. Longer periods will see you charged a higher interest rate, anywhere up to 10%. This could add hundreds to the total cost of your boiler.
If you do need to borrow the money over a longer-term, you are going to be much better off paying for the boiler with one of the various new purchase 0% credit cards that numerous banks offer.
Now you know the reasons to get more than one quote, the main reason being to save you money while getting the best deal for the best product.