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How is Boxt so much cheaper?


I got an all-in quote from Boxt for under 4k and a choice of installation dates all through summer.
I got two local heating firms to visit and give an all-in quote (exact same boiler model) they both quoted between 5-5.5k with earliest available dates in November.
I called Boxt and ran through the quote again in detail to confirm that they wouldn't surprise me with any extra charges and to confirm that the quote included siting the boiler in a new place (it was part of the questionnaire and added a few hundred pounds to it). So still below 4k.
I confess to knowing little to nothing about boilers and heating systems. What I don't understand is, what's the catch? Surely there must be some reason for such a large difference in cost for the same boiler and the same work?
I am a Mortgage Adviser - You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.
Comments
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I would ask, why other companies are so much more expensive.
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Who owns them ? WB0
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WB has a minority stake but yes, that, lower overheads (Boxt didn't visit you to quote but the installers that did have to bear the cost of personal visits that don't result in work) & sheer purchasing power through massive volume.
Boxt are creaming the easy work whilst leaving the harder/rarer work to someone else. This will possibly result in deskilling at one end & a shortage of good local heating designer/engineer/installers at the other (who may be able to increase prices for the work that Boxt doesn't want ...)0 -
K_S said:I should have done this much earlier but have finally got around to replacing our 20+ year old boiler with a modern combi,
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grumbler said:K_S said:I should have done this much earlier but have finally got around to replacing our 20+ year old boiler with a modern combi,1
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Of course, the reduction is noticeable. Even more noticeable is £4K outlay plus about £100 annual servicing (I don't service mine - there is no anything to 'service' there).Last year my average monthly energy bill was just £50 in total. How much could I save? Even £300 p.a. was too optimistic.1
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grumbler said: Last year my average monthly energy bill was just £50 in total. How much could I save? Even £300 p.a. was too optimistic.My estimated annual gas bill is £250 with an even older Baxi back boiler. The only time I will consider changing it is if the heat exchanger springs a leak and I can't get hold of a replacement.What has been worthwhile though, is a fully programmable thermostat that allows for different temperatures throughout the day/week/year - That on its own has probably saved ~15% on gas.Her courage will change the world.
Treasure the moments that you have. Savour them for as long as you can for they will never come back again.1 -
Thanks all for your comments, I guess there aren't any significant trade-offs from Boxt's quote being significantly cheaper, which was my main worry. Much as I would like to support local tradespersons, the cost differential is too much.
Plus, given that they can only give me dates in November, I think they probably have more than enough business so wouldn't really miss mineI am a Mortgage Adviser - You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.
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I used them, and I regret it.No reliance should be placed on the above! Absolutely none, do you hear?1
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