A number of other variables can influence your decision on whether to repair or replace your furnace, as well. In addition to cost and brand, consider the expected lifetime of your furnace. If it is more than 15 years old, it might make more sense to invest in a new unit even if it costs more than simply repairing the current problem. Long-term costs also play into the equation. For example, your new furnace may be more energy efficient than the current unit. Even though you will pay more for the actual installation, you might be able to make back your investment through lower energy bills. To make your decision, consult with a reliable professional on what to do. In inspecting your furnace, they will be able to make an informed recommendation that looks not just to the next year, but years into the future. That way, you can make the best possible decision for your home and budget long-term.
High-efficiency condensing furnaces (90% AFUE and above) are a bit more complex than conventional furnaces. The main differences between a conventional and condensing furnace are the heat exchanger technology used to extract heat from the combustion process and the method used to exhaust the combustion gases. In these ways, the furnaces are very different. The condensing furnace does not have a significantly more efficient combustion process than does a conventional furnace; both use gas burners with electronic ignition. The difference lies in that the condensing furnace has a more efficient heat extraction process after combustion.