We are often asked about furnace prices. As such, we started this series of articles on furnace prices for all of the top brands, and today’s article will discuss Trane furnace prices. Those of you who have read our articles, know that we are a small, U.S. Veteran-Owned heating and air conditioning company in Southern California, and we have built our reputation in giving straight, honest answers. We are licensed to install all major furnace brands, and have no loyalty to any one; this will be completely unbiased. In this article, we will discuss our Trane furnace price value index (how Trane furnace prices broke outing terms of value), we will discuss Trane furnace prices for some of the most common models, and finally, we’ll look at the Trane furnace cost of installation, and see if Trane is right for you and your project.
Trane Furnace Prices – A Bit About Train
Before discussing Trane furnace prices, let’s discuss the Trane company itself. Trane Heating and Air Conditioning was founded in Wisconsin by a Norwegian immigrant in the late 1800’s. They actually built their reputation building furnaces, which bodes well if you’re seriously considering them.
In modern times, Trane furnaces have a reputation for reliability and dependability, just as their main competitors do. To HVAC contractors, however, they are better known for their products in the commercial sector, including large-scale, heavy commercial HVAC boilers and chillers. On the residential market, they have also built a solid reputation, along with one of their other brand names: American Standard.
American Standard is owned by Trane, and together they capture a decent part of the market. However, my biggest question with American Standard is really, why they are even there? In other words, I have an existential question. That is because Trane furnace prices and American Standard prices are almost identical, as is their technology. So why even have them? The answer lies somewhere in brand recognition, but is still worth knowing about before you make your decision. In short, Trane is the same as American Standard.
For more on different furnace brands, you might want to read: Top 10 Furnace Brands
Trane furnaces feature all of the major technologies that their competitors do, including:
- Trane high AFUE technology up to 97% AFUE.
- Variable-speed, and two-stage technology.
- Modulating valve technology.
For those of you looking for the quick answer, Trane furnace prices range from around $520 – $3010, based on equipment, sizes, and features selected. However, the real question lies in whether or not Trane furnaces are worth those prices, and for that we’ll have to have a discussion about value.
Trane France Price Value Index
Look, as I said in the previous sister articles, I know that you are all looking for the exact prices of your furnace model. But before we get to that, it is important to understand price. What is a price? A price is an arbitrary number selected by a manufacturer’s executives in some office (probably Wharton guys). However, for our customers, I’m not really concerned with the prices that an executive came up with…I want to know which product will provide the best value to my customer (i.e. is it worth the money?).
So, at All Systems Mechanical, we crunched the numbers. We examined variables such as wholesale contractor’s price (the price a contractor actually pays for the equipment), price changes by location and volume sold, reliability track record, price scale for increased efficiency technologies (i.e. the price goes up for higher-quality units with high-AFUE technology, but how much does it increase in price compared to their competitor’s increased prices for similar technology?), and the average cost of installation. We then indexed this information, and compared it with other major brands to form our Trane Furnace Price Value Index. Let’s take a look and see how Trane furnaces broke out against their competitors.
The Results: Trane Furnace Price Value Index
To be expected, Trane Furnace’s main competitors in price-point were Lennox and Carrier, but Trane broke-out slightly higher in value that these two companies, due in no small part to being slightly more affordable in price, with comparable technology and features. If you’d like to see how Carrier and Lennox broke out on the Index, here are the links:
Let’s take a further look at how Trane did:
Trane Furnace Price Value Index Analysis
As you can see in the price value index scale above, Trane furnace prices indexed at 1.32, with 1.0 being considered a “fair price for the value received.” They fared slightly better than Lennox and Carrier, but still broke out as a slightly inflated price based on the value received. There are several reasons for this, but one of the main contributing factors is competition from HVAC manufacturing companies like Goodman and Day & Night, who offer the exact same quality and features, at a fraction of the price.
To see where Day & Night broke out on the Index, take a look at: Day & Night Furnace Prices
Trane Furnace Prices – The List
I used to be a flight instructor in the Navy, so I am very familiar with the idea that what I just said to you went in one ear, and out the other. So, in this section, we will discuss the actual wholesale Trane furnace prices (what we, as a contractor, actually pay for the equipment) for a few of the more popular Trane furnace models and sizes. Please understand that there are literally dozens of furnaces manufactured by Trane, with 4-7 sizes for each model. It is impossible for us to list all of these Trane furnace prices without the search engines getting mad at us (and calling it spam), so here are a few of the more popular ones.
Trane 80% AFUE, XR80, Single-Stage Gas Furnace – 40,000 BTU Size
Wholesale Contractor’s Price: $529.50
Look…pick the husband off the floor, and give him a minute to calm down. I get that this is a lot cheaper than you probably thought it would be (or more importantly, what you were, or are going to be charged). But realize that contractors have to make a profit too, and the Trane furnace prices are just a part of that…of course, hopefully they aren’t trying to get you to pay for their mortgage payment, but I digress.
This is the workhorse furnace for Trane, and we install a decent amount of these for the people who have their hearts set on Trane, despite our strong urges otherwise (because they are overpriced). This Trane furnace includes:
- Single-Stage Operation – in my opinion, this is just a fancy way of saying, “it has two settings: ON, and OFF.”
- 80% AFUE – Annual Fuel Utilization Efficiency. This can be thought of as kind of like the MPG rating of your car. So, an 80% AFUE furnace will transfer about 80% of its fuel directly into heating your house, and the remaining 20% will be wasted heat that goes up the flue.
- 40,000 BTU – all furnaces come in a variety of sizes, each of which has a different price. This size is common in the Southwest.
Trane 96% AFUE, XL95, Two-Stage Gas Furnace – 40,000 BTU Size
Wholesale Contractor’s Price: $1,060.50
Your response is one of two things: you need a defibrillator because it is cheaper than you thought it would be, or you still think it’s expensive. It is funny, we have built our reputation in the industry by being completely transparent, but when I look online at some of the sites that feature Trane furnace prices, they are so out in left field, that I wonder if it’s a typo. As with most things, the biggest expense in the HVAC industry is the labor and fees required to do business, so don’t get down on us just yet. This Trane furnace includes:
- Two-Stage Operation – completely different from the single-stage operation; a two-stage furnace has a primary burner that burns when it is a little chilly out, and a secondary burner that can kick on when it really gets cold.
- 80% AFUE – Annual Fuel Utilization Efficiency.
- 40,000 BTU – this is the size of the furnace.
Would You Consider Buying a New Car Without First Checking What a Fair Price Would Be?
Not unless you want to get ripped-off. Yet, that’s what so many people are doing when they invite contractors out to their house. They are inviting out the car salesman without even knowing what a fair price should be. People write us every week and tell us how they were overcharged by $1,400. So, here’s an online program to help; it’s kind of like Kelly Blue Book for furnaces and air conditioners:
Trane Furnace Prices and the Average Cost of Installation
So we’ve spent some time examining the Trane furnace price value, we just looked at the Trane furnace prices for a few of the more popular models, now let’s discuss installation. Labor rates will vary by region, but overall, we can get a decent idea of the average cost of a Trane furnace installation. I will tell you as a tip, that the best time to buy a Trane furnace is off-season, which up North is in the summer, and in the warmer states, is in the spring and fall.
Related article: The Best Time to Buy an Air Conditioner
As you can see by the data collected by Homeadvisor, the average cost of a furnace installation nationally is around $3,925, with a price range of between $2,200 and $5,500. This, however, is a national average, spread across all major brands. So, we will have to figure out the average price of a Trane furnace installation, and differentiate that from the national average. Fortunately, we had to do that to figure out the Trane Furnace Price Value Index that you all glazed over for in part two above. Don’t worry…I’ll do it for you…I wouldn’t want you to have to think (yes, I’m being cute…even though my wife just told me I’m not as cute as I think I am…but, there’s no reason this can’t be fun…for me).
Average Trane Furnace Cost of Installation
After you factor in price differentiation between brands, the Trane furnace cost of installation moves to the right a bit, but still falls short of the price indexed by Carrier and Lennox. This is to be expected, however, based on our calculated price index above. Here’s where Trane furnaces broke out:
- The average Trane furnace cost of installation was $4,839.
- This is 23% greater than the national average cost of a furnace installation.
Final Thoughts on Trane Furnace Prices
In the end, it is you who has to decide if Trane furnace prices are too high for you. It is not up to me to decide if a Trane furnace is right for your home – all I can give you is my honest recommendation. They do provide a solid product, and are well built, I have to admit. But, if I were to be completely frank, most of the major furnace brands are these days, so it might be worth shopping around. For more information on HVAC related questions, visit our ASM Air Conditioning and Heating Blog. If you live in Southern California, then you might be in our service area. Click below for more details.