Induction for under $2,000.00: LG joins Frigidaire and Samsung

[joeekaitis]

 

Sorted by price low to high at Home Depot, an interesting view emerges.

 

Single Oven Induction Ranges - The Home Depot

Browse our online aisle of Single Oven Induction Ranges. Shop The Home Depot for all your Appliances and DIY needs.

www.homedepot.com

 

The cheapest Frigidaire and the LG just below it seem to share the control panel bezel, and the "burner" controls look nearly the same: on-off touchpads indicating the burner's position, +/- pads for setting the power with a single digit LED display.

 

The storage drawer appears similar to the Frigidaire at the right end of the top row.  Even the oven capacities are nearly identical: 6.3 cubic feet vs. 6.2.

 

The oven racks and rack guides have a similar shape and appearance.

 

Is it possible LG is sourcing this model from Electrolux?

 

[mattl]

Those are decent prices.  I paid $950 for my cooktop,, so $100 more for a range is not bad.

 

[petek]

Maybe I looked at the wrong LG, it looks very similar but the oven capacity is bigger, look at the height of the drawers underneath.. The LG has a blue oven, the one I looked at and the back of the oven wall looked different.

Noticed there were no back control stoves either. I did find the Frigidaire with back panel controls on one Cdn website still for sale.. None for GE anywhere .

 

[joeekaitis]

Rear control induction range

 

IKEA still sells one with a 5-year warranty.  Frigidaire clone lacking Air Fry.  Otherwise identical to mine.

 

https://www.ikea.com/us/en/p/tvaersaeker-range-with-induction-cooktop-stainless-steel-40466006/

 

[petek]

That IKEA one has gone up to $1899 in Canada, but Rona has it for $1189 which is around the price it had always sold for here. The Frigidaire Gallery slide in is around $1450 give or take. Usually whatever the US price is you can add 25-35% more for Cdn.

https://www.rona.ca/en/product/electric-induction-range-54-cu-ft-stainless-steel-10355273

 

[joeekaitis]

Perhaps the dam is about to burst

 

As of this morning:

 

Single Oven Induction Ranges - The Home Depot

Browse our online aisle of Single Oven Induction Ranges. Shop The Home Depot for all your Appliances and DIY needs.

www.homedepot.com

 

Forno is a Canadian company selling induction stoves made in China.  They're flagged "Special Buy" so the price drop might be temporary.

 

The company with the most potential to shake things up is Haier who licenses the GE trademark from General Electric.  They could blow the market wide open with Hotpoint-branded induction stoves with traditional styling and colors priced to sell for a street price of under $2,000.00.

 

[petek]

Forno

Never heard of them. Right now those two are $2999 Cdn at HD here and not on sale. Reg US price is $2599. So if they matched the US sale price they'd be $2300 Cdn.. Can't see many people buying an unknown brand and spending that much. THey might if the price was $1799 cdn. The average person imo doesn't want to spend much more than $1000 cdn for a stove and if they're renovating their kitchen and wanting to go upscale they're going to go with a known brand, even one with a little bit of cachet. I doubt it's any different in the US.

 

[joeekaitis]

As of the moment of this posting , . . .

 

. . . $1,028 plus tax takes home the two cheapest induction ranges at Home Depot.  Don’t know how long it will last.  They’re doing the “See lower price in cart” act.

 

[combo52]

Cost of induction ranges

As they are becoming more and more popular very quickly, I predict the cost will come down quite a bit.

I’m hoping the selection of them will also improve. I believe it probably will.