One of the most common questions for a person considering purchasing a chair lift for stairs in their homes is how much it will cost to purchase and install one in their home. There is actually lot of variation among different manufacturers in terms of their prices for handicap stair lift, so comparison shopping is strongly recommended. Prices will vary depending on factors such as what type of stairs you have (curved versus straight) and different features you will need on your model. Other factors that can affect price include whether you are buying a new or refurbished model, the installation costs, and whether you will be receiving some kind of government assistance or rebate.
However, in general, prices for a simple chair lift for straight stairs often range between $3000 to $4000 while for more elaborate stairways and chairs, the price can be as much as $15,000 (or even more, in some cases). For this reason, you should carefully compare manufacturers, prices and features. Many companies selling chair lifts for stairs are reluctant to give a price quote over the phone or internet. This is because they often want to assess your stairs and needs first, and in some cases, this also may be because they are hoping to make a “hard sell” once they are in the door. You may need to be quite firm when requesting a quote, letting the company representative know that you will move on to another company if they will not give you some kind of preliminary price range based on basic information over the phone or by internet regarding your stairway type and needs.
If you are looking to reduce your chair lift costs, you may want to consider purchasing an used or refurbished model. In these cases, however, you will also want to make sure there is some kind of warranty to make repairs if some are needed soon after installation (preferably at least a twelve month warranty). Renting a chair stair lift is another option offered by some companies, although it is not nearly as common.
If you are in real need of chair lift for stairs but do not have the cash at hand to make the purchase, some companies will also pursue some creative financing arrangements with you, including reverse mortgages, home equity loans and other loan arrangements. Unfortunately, government subsidies are generally not available for chair lifts for stairs purchases (in the United States, at least) although if you have private insurance you may want to see if they will cover any portion of the costs.
To learn more, you may want to read about some of the stair lift features you should look for in different models.