It’s an extremely trying situation: you desperately need a new boiler, but you simply cannot afford it. Many people find themselves in this situation, which probably isn’t surprising given how much it costs to pay for a new boiler upfront. If you’re finding yourself saying ‘I can’t afford a new boiler – what can I do?’ – then read on, we’ve got you covered.
Here at ImpraGas, however, we strongly believe that everyone has a right to be warm in their own home. We have plenty of options available to accommodate those who might not be able to afford a new boiler – visit our Boiler Finance page or read on to learn more.
Boiler Finance Options
Spread the cost and pay as you save
With no deposit required, our spread the cost and pay as you save option will give you the opportunity to pay for your boiler in affordable monthly instalments over the course of 3, 5 or 10 years. This option is ideal for those who will not be able to purchase their boiler in full now or in the near future.
Buy now, pay nothing for 12 months
If you cannot afford to buy your new boiler right now, but you will have the means to do so in 12 months, then this is probably the best option for you. This plan allows you to pay off the sum of your boiler at any time within the 12-month period – you do not necessarily have to wait the full year. No deposit is required with this option either.
Interest-free for 12 months
If you would prefer to just spread the cost of the boiler across 12 months without having to pay any interest, you may be best-suited to an interest-free for 12 months finance plan. Like the ‘buy now, pay later’ plan above, this plan does not require a deposit.
How does boiler finance work?
Though it may seem a little overwhelming, getting a new boiler on finance is actually fairly straightforward. We have plenty of customers who use our finance plans when they can’t afford to buy a boiler outright, and we do everything we can to make the process as simple as possible. We value our relationships with our clients, and we want you to keep warm all year ’round!
Boiler finance works by allowing you to have your boiler installed now and pay for it over a set period of time. This period can be as much as 10 years, reducing your payment to as little as £7 a month depending on the boiler you choose.
On most finance options, apart from our interest-free for 12 months option, you will need to pay interest for borrowing the money. This will be at an APR representative variable of 9.9%.
If you’d like to work out just how much money you would need to pay back on one of our boiler finance plans, we have a handy calculator on our website to help you work it out.
Click here to use our calculator and work out how you will be able to afford your new boiler over a set period of time.