‘It’s better to take out a Canadian bank loan at 3-6% and replace all windows at the same time, then pay 6-9 % more next year for the second half of your windows.’
The more windows you replace, the more likely you will receive a discount. Add a door or two, and you will surely get an overall price reduction. There are real advantages to buying power (purchasing many items or services at once). Rising manufacturing costs and the general inflation rate add to a makes more sense side of your argument of whether to replace them all now or a few at a time.
Wholesale parts and general business costs rise yearly from 6 to 9%. On average retail product prices will match that.
- Ugh. No matter the industry, the cost of doing business rises every year. According to a Canada Broad Casting (CBC) news article from June 2021, ‘the cost of just about everything is going up at a much faster pace than usual, from homes and vehicles to food, energy and consumer goods.’
- The article goes on to say furniture prices rose 9.8 over the prior year, homes by 7.9% (wouldn’t we argue much higher?), new cars by 5%, food by 11%, travel accommodation by 6.7%, and mattresses by 10%, but clothing and footwear (whom did we have to dress up for?) prices rose only by 3.9%. Economists with sharp pencils have accrued numerous figures to reach a Canada-wide 3.5% average increase for all things sold. But that’s just an average.
- The window and door industries rely on key manufacturers like glass companies, wood and polymers, which have their share of supply and workforce problems. The jump in transportation and fuel costs, an industry for which the manufacturing of windows and doors are dependent, creates a struggle for window and door suppliers to maintain old pricing.
- In a CBC article, ‘Why Price Tags are Climbing’, a mattress manufacturer suggests ‘it may take another year or two for the supply chain to return to normal.’
- However, that’s not changing the average price increase of 7.5% per year for windows and doors.
Here are some great benefits to replacing all windows at the same time.
- Currently, bank loan interest rates and lines of credit rates are around the 3- 6% range. So, it makes sense not to pay the yearly window and door increase rate of cost (avg 7.5%)
- Forest City Window & Door Ltd. also offers financing packages that will fit your needs. Please call us at the number below or click the link to get a free financing quote.
- Your decision to purchase a house has been sound; your investment has already paid off. If you can make solid financial decisions about its upkeep, you’ll stay at the top of the Return on Investment (ROI) market.
- Read our post, Are Replacement Windows a Good Investment? to discover where window replacement sits on the list of home renovations that give back (to you and the next owner) the most.
- Click here for our blog post with Tips for Choosing an Entry Door.
It costs less to replace all windows at the same time, especially labour charges. Installation is more efficient when all your windows are done at once.
- You are more likely to receive a price reduction from the company or salesperson with a volume order.
- Are you shy to ask for a discount? Believe it or not, you are in good company. Some salespeople will take advantage of your lack of aggression to fight for a deal. By the way, Forest City Window & Door Ltd. does not employ those people.
- You will have the consistency of your window and door style and trim work.
- Instant higher curb appeal.
- If your property is a rental, you’ve increased the calibre of your tenant. Really.
- Feeling a powerful sense of accomplishment. Replace all your windows at once because life fills up with projects, and it’s easy to move on to the next thing, leaving you with a long list of ‘to-dos.’ Don’t lose the momentum to finish your project. Read how it feels to get stuck on projects.
Thankfully, being kind is often a good thing when getting what you’d like. Ordering more of anything gives you the buying power mentioned at the beginning and, best of all, a discount.
When Forest City Window & Door Ltd. starts a project, we see it through to your satisfaction. Since 1993 we’ve ensured our clients’ happiness with factory-trained installers, caring staff and hard-working, quality products.
Your happiness is essential to us.
Call us at (519) 659 6906 to ask about pricing. See all our products here.