My concern in writing this is to help older people shopping for gutters as well as first time home buyers and people with young families trying to save time.
1) Get a quote (or quotes) for a conventional gutter first from a reputable local company.
2) Find out the cost to clean that gutter annually.
3) Then find out Leaf Guard costs.
For me it was $2600 for conventional, $200 a year to clean versus $7600 for Leaf Guard after they started at $11,000 and then gave all sorts of discounts to work it down. Seems like disingenuous salesmanship, but that's a different discussion.
The difference was $5000. That means at $200 a year to clean it was going to take 25 years until Leaf Guard started to pay off! That's assuming I didn't borrow money.
I have a finance background so I calculated what $5000 would be if I invested it in the Vanguard Index 500 assuming the 10% annualized return generally accepted as what would be a "market" return over a long period of time. I also subtracted $200 out of this annually.
What I found is that I would have clean, conventional gutters and approximately $18,000 in a Vanguard Index 500 fund! Please, understand this was just a quick exercise, but realize that your kitchen, bathroom, college loans, 401k, etc...are all better places to put this money.
Reason of review: Problems with payment.