If you're buying a new piano to replace one that's no longer satisfactory, you'll probably want to trade in the old one. Dealers will usually take a trade-in, no matter how bad it is, just to be able to facilitate the sale. In fact, in many cases the dealer will offer you what seems like a king's ransom for the old one. The downside is that when a generous trade-in allowance is given on the old piano, the dealer is then likely to offer you a less-generous price on the new one. To see if you're being offered a good deal, you'll have to carefully analyze the fair-market value of the old piano and what would be a likely price for the new one without a trade-in. Sometimes it will be to your advantage to sell the old piano privately, though in that case you'll need to take into account the hassle factor as well.
For more information about new-piano prices and negotiating, see the introduction to the "Model & Pricing Guide," elsewhere in this issue, as well as in The Piano Book.
Used-piano prices may or may not be negotiable. If the used piano is being sold by a dealer who primarily sells new pianos at negotiable prices, then the used-piano prices are probably also negotiable. Prices of restored pianos sold by the restorer are less likely to be negotiable, as technical people are usually less comfortable with bargaining. Prices of pianos for sale by private-party sellers are usually negotiable, in part because the seller often has little idea of what the piano should sell for and has just made up a price on the basis of wishful thinking. But even knowledgeable sellers will usually leave a little wiggle room in their price.
Prior to the Great Depression, most pianos were outfitted with player-piano mechanisms--the kind that ran on pneumatic pressure and paper rolls. Today's player pianos are all electronic; they run on CDs, iPods, floppy diskettes, or electronic downloads from the Internet, and are far more versatile and sophisticated than their pneumatic ancestors. Now you don't have to wait until Junior grows up to hear something interesting from the piano! A substantial percentage of new pianos, especially grands, are being outfitted with these systems. In fact, many pianos are being purchased as home-entertainment centers by buyers who have no intention of ever playing the piano themselves.
FALL 2009 -- page 29
TABLE OF CONTENTS
Hybrid & Player Pianos
New-Piano Buyers’ Reference