Do Steinway pianos increase in value?

Steinways appreciate steadily at about 4% a year — better than some stocks, bonds and mutual funds — because the company raises its prices every year to maintain its renowned level of quality.

How much is a Steinway parlor grand worth?

The short answer: somewhere between $70,000 and $150,000. For many musicians, a Steinway grand piano is their dream piano. Most serious musicians have played one and recognise them to be some of the very best pianos that exist.

Can you negotiate a Steinway?

Re: Buying a Brand New Steinway S or M – Can I Negotiate? Many new Steinway buyers report being able to get prices at 90% of the true S&S MSRP. At the right time and in the right place and with the right salesperson and with the direct right approach I truly believe you can get the piano you want for even less.

How much does it cost to refurbish a Steinway?

The typical interior restorations we see for vintage Steinway and Sons pianos, from say 1920 to the more current production models, typically range in the $9000 to $22,000.

How long does a Steinway piano last?

Under the right circumstances and care, a used Steinway may stay in “like new” condition for 25 years or longer! It is possible to discover Steinway pianos well over 30 years old that have no need for restoration or reconditioning.

How much does a Bosendorfer grand piano cost?

between US$256,000 and $560,000
Pricing and availability Bösendorfer Imperial Concert Grand pianos, handcrafted in Austria, retail for between US$256,000 and $560,000 in the U.S., depending on finish, design and whether the Disklavier Enspire computer reproducing system is installed.

Can I trade in my piano for a new one?

Trade in policies vary significantly between piano dealers. I got 100% full trade in for my pianos bought from the same dealership and an extremely fair trade in for my Baldwin upright. I was also told up front that with a trade in, the best they could do on price was the posted sale price.

How much does it cost to rebuild a Steinway grand piano?

How much does it cost to tune a Steinway piano?

Hourly rates for piano tuners average about $100 per hour nationally. For large grand pianos or other expensive instruments that require a high level of skill, some tuners charge as much as $200 per hour.

Is Bösendorfer or Steinway better?

Some advocates for Bosendorfer note that a North American professional pianist might have difficulty having exposure to any European brands like Bosendorfer as Steinway dominates the concert market here. However, that minimizes Steinway’s hardwon reputation as the choice of over 90% of concert pianists.

What is the difference between a Steinway and a Bösendorfer?

Today, the difference in sound between the two brands stems from this difference. Steinways are made in the English tradition and Bosendorfers are made in an Austrian tradition. This results in a different build and a different sound.

How do I sell my grand piano?

  1. Research Your Piano Brand.
  2. Determine A Fair Price.
  3. List Your Piano On eBay, Craigslist, or Facebook Marketplace.
  4. Run Ads To Sell Your Piano.
  5. Reach Out To Technicians And Piano Tuners.
  6. Find Local Places That Buy Used Pianos.
  7. Consider Donating Your Piano.

Do Steinway pianos depreciate?

If you were to purchase a brand new Steinway (or any other high end new piano for that matter) the moment it sets foot in your home it becomes a “Used Piano”. It loses 30-40% of it’s value overnight.

Should you tip your piano tuner?

Tipping piano tuners isn’t customary. If you had a great experience with a piano tuner, you can also show your appreciation by leaving a review on Thumbtack.