On Oct 5, 6:45*pm, Boater wrote:
JimH wrote:
On Oct 5, 2:49 pm, JimH wrote:
On Sun, 5 Oct 2008 11:31:41 -0700, "Calif Bill"

wrote:

wrote in message
....
On Oct 2, 8:42 pm, JimH wrote:
On Oct 2, 7:37 pm, DK wrote:
BAR wrote:
I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.
I don't understand your theory. In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.
What it "cheaper money"? I'd like to get some!
From 2002 through 2007 my investments earned 10+% (often significantly
higher) while car and boat loans were below that.
Not a hard thing to understand but we all know why you don't.
This from a person who can't afford an on-demand water heater that
would return his investment in a few years and had to settle for
adding another energy hog conventional water heater.
On demand water heaters also have problems. Especially with older plumbing.
they have a filter that plugs up easily.
You are correct. * As usual Loogy does not know what he is talking
about.

I did not have the proper sized gas line at the spot I was to put the
heater and I would have had to spend some big bucks to correct the
problem as my basement is finished with a drywall ceiling.

Additionally, I found out that due to our incoming water temperature
during the winter the water would not heat up to our deisred 125F.

Lastly, considering my total costs I did a cost benefit analysis and
found it would take me a over 20 years to recoup the costs of
installing a tanklesss system.

I had the water tanks removed and replaced with a single 40 gallon
unit for $750. *It burns about $35 of NG each month and has plenty of
supply for 4 showers.

Check that figure on the cost to heat the water/month......should be ~
$20-$25, not $35.

How do you separate out how much fuel a particular appliance uses a
month, other than the general info on the label?

Oh...Loogy...the best way to deal with Loogy is either not to deal with
him at all or ridicule him. There's no content in his posts.

I estimated a 50% savings or $10~$13 month. Not worth the effort or
cost to install a tankless system.

The savings would have been more if the kids were still living with us
but with just 2 in the house we made the smart choice.