Just went through this.
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My tank went out... it was a "cheap" replacement when we bought the house. But it was also a "powervent"? So apparently it was almost as expensive to replace as getting a tankless. The work to retrofit the hosue to support a regular non-powervent tank would be almost impossible. The quote I had for a cheap replacement powervent was like $5500. A tankless with a water softener (which is basically manditory, and I didn't have one) was $6500. To me the extra $1000 was a no brainer.
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Message Thread
 i know it's been discussed but can't remember: water heater replacement - tank or tankless? - lcubed July 31, 2025, 10:15:14
- Just another zone for my boiler. Basically bottomless.* - cpsteine July 31, 2025, 23:20:31
- If you go tankless, make sure that you do the vinegar flush every 6 months * - Jersey July 31, 2025, 11:41:31
- Just went through this. - tvillini July 31, 2025, 11:31:35
- we know Maggie O'Hooligan's answer* - Sammich July 31, 2025, 11:13:02
- if you go tankless, make sure you put it in an appropriate place. the townhouse we rent is tankless - torinese July 31, 2025, 10:59:52
- "...a tank that is over 20 years old" : that's Guiness Book of World Records material right there.
 - osklister July 31, 2025, 10:38:12
- Tankless is better but may introduce complexity and cost in existing homes - ATL July 31, 2025, 10:19:45
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on July 31, 2025, 11:31:35, in reply to "i know it's been discussed but can't remember: water heater replacement - tank or tankless?"