Lease Your HVAC. Lower Your Costs.¹
Residential Leasing
If you are in need of a new heating and cooling system for your home, you may be considering your financing options. One option to consider is leasing from Trane.
Leasing can be a great choice for those who do not have the funds available to pay for a new system upfront or who do not want to use their available credit to finance the purchase. By choosing to lease a Trane system, you can make monthly payments that may be tax deductible, rather than having to come up with the full amount all at once.
Trane’s leasing options also allow you to upgrade to a newer system at the end of the lease term. This means that you can take advantage of the latest and most efficient technology, without having to worry about the upfront cost of purchasing a brand new system.
In addition, Trane offers a wide range of high-quality HVAC systems to choose from, so you can find the perfect fit for your home and your budget. With their reliable and energy-efficient products, you can trust that you are getting a top-notch system that will keep your home comfortable for years to come.
Overall, leasing from Trane can be a convenient and cost-effective way to get the heating and cooling system you need. With flexible payment options and the ability to upgrade to newer technology, it’s a smart choice for many homeowners.
Why should you lease your system?
Choose the Unstoppable Comfort Plan and lease your comfort system for one low monthly price
that includes what you need to keep it running smoothly.
Repairs for 10 years
Maintenance for 10 years
Filters for 10 years
Fixed monthly payment
Lease your system with Trane’s Unstoppable Comfort Plan
Features | Trane Unstoppable Comfort Plan | Typical 10-year financing |
---|---|---|
10-year term | ||
10-year parts warranty on repairs | Product must be registered within 60 days of installation to receive the warranty | |
10-year labor warranty on repairs | ||
Preventive maintenance (2x per year) | ||
AC filters for life of agreement | ||
Financed amount | >$2,500 |
Minimum amount varies (some require > $10,000) |
Type | Lease | Loan |
How does leasing work?
Apply for leasing with your dealer. Your application will go to our financing partner, who will run a credit check to determine your eligibility.
If you’re approved, choose your system and any accessories you want to bundle with it. That includes smart thermostats or the Trane CleanEffects® Whole Home Air Cleaner.
Make monthly payments for your system. Get repairs, maintenance, and filters to ensure your system keeps working the way you expect it to.
Should you lease your system or own it outright?
How you prefer to pay for your comfort system determines whether you should lease it or buy it outright. Follow this guide for help deciding which option you should choose.
Lease* | Own | |
---|---|---|
Ownership | You get the option of owning your equipment once the lease ends. | Own your equipment outright once you pay the upfront costs. |
Upfront costs | Avoid potentially expensive upfront costs. | Pay what your dealer quotes you. |
Pay what your dealer quotes you. | Your monthly payment is low and stays the same the entire term of your lease. | No monthly payments if paid in cash. If financing, monthly payments depend on the length of your financing agreement. |
Lease transferability | A lease can be transferred to the new buyer if the home sells. | If financed, the original owner has to pay off the balance. |
Repairs | Repair costs are included for parts and labor. | Labor repair costs are additional expenses paid for by the homeowner. |
Maintenance | Leases include maintenance twice a year, and air filters are included at no additional cost. | Maintenance costs come at an additional cost to the homeowner. |
Get more out of your system — and how you pay for it
Perks and low payments aren’t the only benefits to leasing your comfort system. Here’s what else you can expect when you apply for Trane’s Unstoppable Comfort Plan.
More flexibility than financing
The minimum amount to qualify for the lease is $2,500. Compare that with financing, which typically requires a $10,000 minimum for a 10-year loan.
No prepayment penalty
Pay off your lease early without taking on any prepayment fees. Just pay fair market value for your system, and it’s yours.
All-inclusive warranty
Your lease automatically includes a 10-year parts and labor warranty. That means if your system fails, your replacement parts and labor are covered!