RENTAL HOME HVAC EQUIPMENT
Buy-out Schedule for Installations
|
AGE OF EQUIPMENT |
BUY-OUT PRICE1 (% of total contract price2 of the rental equipment) |
|
0 to less than 1 year old |
100% |
|
1 to less than 2 years old |
98% |
|
2 to less than 3 years old |
96% |
|
3 to less than 4 years old |
92% |
|
4 to less than 5 years old |
89% |
|
5 to less than 6 years old |
86% |
|
6 to less than 7 years old |
83% |
|
7 to less than 8 years old |
79% |
|
8 to less than 9 years old |
74% |
|
9 to less than 10 years old |
68% |
|
10 to less than 11 years old |
61% |
|
11 to less than 12 years old |
53% |
|
12 to less than 13 years old |
43% |
|
13 to less than 14 years old |
31% |
|
14 to less than 15 years old |
15% |
1 The buy-out price for the rental home equipment is based on the depreciating percentage of the Total Contract Price. All applicable taxes will be added to the stated buy-out price.
2 The Total Contract Price is the sum of the remaining monthly instalments covering the total term as set out in your rental agreement. The monthly instalment cost depends on the chosen products and services, and any applicable bundles and promotions.