You Know What Really Grinds My Gears? Now with 3x more gears...

[TrentCrimmIndependent]

Originally Posted by Brendone

On the plus side, “old man muscle” is a thing, so you have that to look forward to. Don’t forget to mix in a sit up from time to time as well. Strengthening your core can really help prevent those back blow outs.

My dad still shocks me with his old man strength despite his age related deterioration. Can still lift some serious weight when the task calls for it. I don't know where it comes from considering he's given up a lot of his activities and sports.

The condition is it must be manual labor or yard work where DIY-ing can save calling a service in to do it. He'll summon superhuman strength just to avoid calling the professionals to his place.

[PaperBagger'14]

Originally Posted by Fuzz

I thought that was how solar panels typically worked in a sale. How did you expect it to work?

I personally wouldn't be inclined to lease solar panels from someone else. For me a house with solar panels now that I could purchase outright would be a plus, but taking on someone else's lease sounds like a headache I don't want.

Same thing goes for leasing a furnace (yes that's a thing now too). I would never agree to pay a lease on one and would let the sale of a house fall through because of it.

[PepsiFree]

I assume a solar panel lease would work similar to a furnace/water heater/AC lease in that you can buy it out at it’s depreciated value at pretty much any time and after a certain amount of time that number drops to $0.

They basically function like financing, but with the catch that they essentially never tell you when you’ve effectively paid it off so you could get stuck paying it forever if you never check.

[habernac]

Originally Posted by Barnet Flame

We’re an aging community here on CP.

When it’s easier to quit Sirius than sign up for CalgaryPuck, this isn’t shocking.

[bc-chris]

Originally Posted by TrentCrimmIndependent

My dad still shocks me with his old man strength despite his age related deterioration. Can still lift some serious weight when the task calls for it. I don't know where it comes from considering he's given up a lot of his activities and sports.

The condition is it must be manual labor or yard work where DIY-ing can save calling a service in to do it. He'll summon superhuman strength just to avoid calling the professionals to his place.

i find stubbornness and pig-headedness helps too! ha!

[PaperBagger'14]

Originally Posted by PepsiFree

I assume a solar panel lease would work similar to a furnace/water heater/AC lease in that you can buy it out at it’s depreciated value at pretty much any time and after a certain amount of time that number drops to $0.

They basically function like financing, but with the catch that they essentially never tell you when you’ve effectively paid it off so you could get stuck paying it forever if you never check.

In these types of leases who is on the hook for maintenance costs?

I'd assume the homeowner. So not only have you agreed to pay an inflated cost for your solar panels, but you've guaranteed the installer an inflated maintenance fee too.

[Harry Lime]

Originally Posted by PepsiFree

I assume a solar panel lease would work similar to a furnace/water heater/AC lease in that you can buy it out at it’s depreciated value at pretty much any time and after a certain amount of time that number drops to $0.

They basically function like financing, but with the catch that they essentially never tell you when you’ve effectively paid it off so you could get stuck paying it forever if you never check.

When did leasing any of those things, become a thing? I would like to lease you every third tile on your roof, please. I want you to owe me forever, for a thing previously always an owned thing. Who want's to go along with me on a 'leased lawn' business?

[PepsiFree]

Originally Posted by PaperBagger'14

In these types of leases who is on the hook for maintenance costs?

I'd assume the homeowner. So not only have you agreed to pay an inflated cost for your solar panels, but you've guaranteed the installer an inflated maintenance fee too.

Would depend on the supplier I guess but maintenance and repairs are usually included when leasing stuff for the home (at least as far as solar panels and AC and all those kinds of things goes).

When I was AC shopping I ended up buying outright but I did look into the lease option and with everything included it was better than some financing options.

Originally Posted by Harry Lime

When did leasing any of those things, become a thing? I would like to lease you every third tile on your roof, please. I want you to owe me forever, for a thing previously always an owned thing. Who want's to go along with me on a 'leased lawn' business?

Depends where you are I guess. In Ontario most people rent their water heaters from what I’ve read. A lot of solar is leased.

It’s a lot different than leasing a car, and a lot less absurd than a leased lawn.

If the money makes sense, who cares if you own it? I own every tile on my roof, wouldn’t make a lick of difference to me if you owned 1/3 of them, they’re still on my roof.

[8 Ball]

Originally Posted by PepsiFree

Would depend on the supplier I guess but maintenance and repairs are usually included when leasing stuff for the home (at least as far as solar panels and AC and all those kinds of things goes).

When I was AC shopping I ended up buying outright but I did look into the lease option and with everything included it was better than some financing options.



Depends where you are I guess. In Ontario most people rent their water heaters from what I’ve read. A lot of solar is leased.

It’s a lot different than leasing a car, and a lot less absurd than a leased lawn.

If the money makes sense, who cares if you own it? I own every tile on my roof, wouldn’t make a lick of difference to me if you owned 1/3 of them, they’re still on my roof.

It would make a difference when you go to sell your house. In Ontario, where they rent water heaters, you typically sign a contract for the life of the water heater with an option to buy it out after seven years for a fee I believe. If you don’t buy it out and the water heater lasts like 12 years, you’re paying almost 5 grand for a water heater that would cost you 1600 if you just bought it out right like we do in Alberta. Things may have changed, but I do believe that’s how it used to work.

[PaperBagger'14]

That's surprising to hear they would cover the maintenance costs, so there is some value in leasing. I had AC installed at our place this spring as well but never entertained the idea of a lease. I can see the appeal for those who plan on living in their place for a long time and they want nothing to do with the AC and are willing to pay a premium for convenience.

Still that holds very little value to me.

[monkeyman]

On top of what's already been said, leasing makes you ineligible for any grants, those would go to the leasing company. I assume.
I'd be very leery of anyone pushing a lease on anything.

[Wormius]

If Market Place taught me anything it’s that leasing or renting hot water heaters or hvac equipment is at best not worth it.

https://www.cbc.ca/news/canada/hidde...acts-1.6313723

[Scroopy Noopers]

Originally Posted by Wormius

If Market Place taught me anything it’s that leasing or renting hot water heaters or hvac equipment is at best not worth it.

https://www.cbc.ca/news/canada/hidde...acts-1.6313723

Leased water heaters are en epidemic in Ontario. Seems every house I’ve ever looked at had a rental. Our house has a rental. Once it’s ready to be replaced I’ll be cutting the contract up.

[PepsiFree]

The lease option definitely had its benefits, but it also seemed like something you would want to stay on top of in terms of best time to buy out/end the lease and you’d have to look at the specific contract to see how it compares to financing with interest.

An extra couple thousand vs. financing with interest over 10 years is not particularly worrisome when all your maintenance and repairs are included.

But as always, whether it’s a car, a phone, an HVAC system or solar panels, your best option is to buy outright. Leasing through a reputable company just isn’t that ridiculous compared to financing, from what I researched.

[Mr.Coffee]

If you move from another province to Alberta, they couldn’t have made the process of registering and insuring your vehicle more cumbersome annoying and unnecessarily complicated. Holy ####.

Everything these days in Canada seems so ####ing unnecessarily cumbersome and bureaucratic and just difficult.

[1qqaaz]

It bugs me how many people think that Central America is not part of North America.

[topfiverecords]

Originally Posted by 1qqaaz

It bugs me how many people think that Central America is not part of North America.

It really shouldn't be. That's the whole point of the word Central in Central America.

[Weitz]

Originally Posted by Mr.Coffee

If you move from another province to Alberta, they couldn’t have made the process of registering and insuring your vehicle more cumbersome annoying and unnecessarily complicated. Holy ####.

Everything these days in Canada seems so ####ing unnecessarily cumbersome and bureaucratic and just difficult.

You can’t even use an Alberta license to get insurance on a boat or vehicle in BC… needed a passport.

[bizaro86]

Originally Posted by topfiverecords

It really shouldn't be. That's the whole point of the word Central in Central America.

Which continent do you think it should be in? It seems to me that the essentially unpassable Darien Gap separates North and South America into two continents - they're much more separate than Europe and Asia. That puts Central America as part of North America geographically.

Unless you'd argue that the Americas are all a single continent?

[Mr.Coffee]

Originally Posted by Weitz

You can’t even use an Alberta license to get insurance on a boat or vehicle in BC… needed a passport.

So silly. Also, out of province inspections for vehicles from neighbouring provinces is ridiculous, unnecessary and again insanely ridiculous burdensome process. The height of stupidity designed to grift regular people so that mechanics can squeeze a buck.