If you would prefer a more efficient, cost-effective, clean burning, and higher performing furnace, an oil furnace can be an optimal choice for you. The thing is, however, how much is an oil furnace going to run you? There are many questions you must ask yourself when you are shopping in the market for a new, or even used oil furnace, and getting the right price for you means knowing just what you need, where you’re putting it, and how much space you are heating.
Why Are You Getting a New Furnace?
Believe it or not, the reason you are getting a new furnace does impact the costs a bit, and you should know when it is time to get a new furnace anyway. There are many reasons why a furnace may be needed, including:
- Replacement of older unit
- Replacement of gas furnace
- Addition to existing system in home
- Renovation or building of home
No matter what your reasons for getting a new furnace, you definitely want to get the best price, as well as the best quality possible for your budget.
Current Oil Furnace Prices
There are many different types of oil furnaces, many sizes, and much different efficiency offered, so oil furnace prices can have a broad range. For the smaller, lower efficiency units, there can be new oil furnaces for as low as $500-$600. If you wouldn’t mind shopping for a used oil furnace, you can likely find a smaller unit for as low as $150-$250.
Size has a great deal to do with oil furnace prices, and larger units can range as much as $7,000 or more, depending on the brand. Top quality is going to cost a little bit more, but there are larger units that can be found for as low as $2,500 brand new. If you are looking for something in a lower price range, there are used oil furnace prices as low as $450-$500, most times negotiable.
The manufacturer and actual model of the oil furnace can have a large impact on the prices of a new or used oil furnace. The eco-efficiency is also going to influence the price a bit as well, with newer models being released for optimal efficiency. There are also many states that offer incentives for purchasing such units, which is a great bonus for homeowners in need of a new oil furnace.
Getting up-to-date oil furnace prices is important if you are going to find the best bargain for you. If you are restricted by a budget, there are many options out there that offer immediate and long-term savings as well, through much more efficient models that offer energy savings with optimal capabilities.