Condo AC replacement - personal property

[Allen Wu]

Hello All, 

I live in a 3 bedroom condo. Due to the recent summer heat, our HOA is trying to get a couple units together to bulk buy and upgrade the individual AC units for each condo unit owners. It's optional for each owner who want to opt in.

My units AC unit is operating fine. My AC tech said it looks fine, though it’s around 12-15 years old and may need to be replaced in the future. I tune Up my AC every year to get it checked before summer. 

Would you replace this AC unit and join the hoa for bulk purchase? The only benefit would be discount due to group purchase of labor fees, potentially AC unit cost, and the crane / permit fee since we live in a condo complex. 

Note: I’m just trying to cheap out but worried about further inflationary increase of AC and now having to go solo on The crane, labor and permitting fees. So torn if i should Take advantage now. 

[Theresa Harris]

How much would it cost you to replace it now with the HOA vs waiting a few years? Ie what is the discount? Many of the older units while they may not be as energy efficient are built to last longer than the newer units.