Hi All,
About 2 seasons ago, cold air stopped coming from our home AC unit, but the fan was still working. Had someone come out and take a look at it, and they said the capacitor went bad, so we had it replaced and cool air started flowing again until. We enjoyed cool AC for about a year, then the AC again stopped working. Had the same guy come out and look at the AC unit and he said this time the problem was a bad compressor. He said it is still under warranty but that labor to replace the compressor would be well over $1000.
Since that price seemed quite high, we had another guy come out to examine the AC unit and give us a repair estimate as well as an estimate for replacing the entire AC unit. He said if we could get the compressor replaced under warranty, he could fix the AC for about $750. When asked how much a new unit would cost (we have a Trane - for a 1350 sq ft house), he said he could get an equivalent model new and installed for around $1400-$1600.
My question: The AC unit is like 8 years old only. Given the $750 price range to repair (provided I can get a replacement compressor from Trane under warranty), and price to get a brand new unit + installation ($1400-$1600), which option would make the most sense?
On one hand, if I get the AC fixed, I can save about $650-850. It's possible something else could go wrong with the unit in the future, but would it be safe to say that the big ticket items have been fixed and addressed, so whatever else could go wrong with the unit would be minor? Then again, labor to get those minor items addressed would be a good amount of money.
On the other hand, if I get a brand new unit, I could reasonably expect it to be problem free for years.
I'd appreciate some experienced input and feedback if you guys can share some experienced advice on this matter.