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Barefoot Andrew Downsizer Moderator
Joined: 21 Mar 2007 Posts: 22780 Location: In the 17th century
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Posted: Fri Mar 22, 13 1:56 pm Post subject: Everlasting Boilers promotions |
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We're toying with the idea of taking up their current offer which ends today. I've arranged for their surveyor to visit next Thursday.
Before calling I researched their reputation. When I did call the lady was quite open with the pricing structure, which matched my research entirely.
It's an expensive way of getting a new boiler compared to say a British Gas install, but the upside is that it's more affordable for us right now. Our current boiler isn't working properly, and Something Needs To Be Done.
Anyway, discussion welcome.
Normal pricing is as thus:-
An A-rated combi boiler, with free installation, free 24/7 call-out and repairs, free annual servicing.
A monthly fee is payable. £19 for the first three months, and £38.09/month thereafter.
After three years, the monthly rate will increase by 3% annually.
OR, one can pay £22.64 for the first three months, and then £45.28/month thereafter forever.
The promotion:-
Pay nothing for the first 12 months, then normal pricing above kicks in - including the first three months discount.
...or...
Normal pricing beings immediately, but receive £250 cash-back.
The downsides:-
The contract is for 14 years, at the end of which we wouldn't actually own the boiler. We could renew the contract, or buy-out for a fee of £875.
The early exit fees are steep. Contract exit within the first four years would cost £2495, with the fees progressively decreasing thereafter.
However...
According to my calculations, taking into account the promotion and the exit fees, we could have a brand new boiler, with zero maintenance costs, and exit at four years, for a total of £3822.68, or an average of £79.64 / month.
Staying in contract for longer takes the average/month down.
This doesn't seem so bad to me.
Thoughts welcome.
A. |
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Treacodactyl Downsizer Moderator
Joined: 28 Oct 2004 Posts: 25795 Location: Jumping on the bandwagon of opportunism
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Nick
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Barefoot Andrew Downsizer Moderator
Joined: 21 Mar 2007 Posts: 22780 Location: In the 17th century
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Behemoth
Joined: 01 Dec 2004 Posts: 19023 Location: Leeds
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Barefoot Andrew Downsizer Moderator
Joined: 21 Mar 2007 Posts: 22780 Location: In the 17th century
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Barefoot Andrew Downsizer Moderator
Joined: 21 Mar 2007 Posts: 22780 Location: In the 17th century
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Lorrainelovesplants
Joined: 13 Oct 2006 Posts: 6521 Location: Dordogne
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Barefoot Andrew Downsizer Moderator
Joined: 21 Mar 2007 Posts: 22780 Location: In the 17th century
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Barefoot Andrew Downsizer Moderator
Joined: 21 Mar 2007 Posts: 22780 Location: In the 17th century
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Pilsbury
Joined: 13 Dec 2004 Posts: 5645 Location: East london/Essex
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Barefoot Andrew Downsizer Moderator
Joined: 21 Mar 2007 Posts: 22780 Location: In the 17th century
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OtleyLad
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notimetoulouse
Joined: 26 Nov 2014 Posts: 1 Location: Sheffield
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Barefoot Andrew Downsizer Moderator
Joined: 21 Mar 2007 Posts: 22780 Location: In the 17th century
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