Originally Posted by
35wailin
I have a household consisting of two parents and four daughters ranging from 19 to 12. I went with a tankless after we had to rebuild our basement. I had a 60 gallon tank that I was paying rental on. The tankless cost me $2800 installed plus tax. We've never run out of hot water since. I had heard that repairs can be quite expensive, but there is a 5? Year warranty with I think 12 on th coil. I figured out if I get six years out of it before a major repair, I would have paid that in rental fees over that time period and it would make sense to just replace it if necessary.
everyones situation is different, but talk to people who have owned the equipment you ar considering.