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#1309740 - 11/21/09 12:08 PM
Ballpark new Steinway price reductions in current market?
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Junior Member
Registered: 08/24/08
Posts: 16
Loc: Iowa
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Hi, Everyone: I posted a couple of weeks ago with some preliminary questions about piano shopping. I'm slowly working my way through some options. Today's question: would a 15% reduction on a new Steinway O that a highly trained pianist (not me!) deems excellent be a pretty good price reduction in the current market? (I know there are tons of variables; I'm just trying to get the right ballpark.) This may be a totally hypthetical question as far as how far into debt I can talk my partner into going (way outside my previous outer limit), but, well, it's not entirely hypothetical! Am also looking at a smaller one year old Kawai later today. More on that later. Thanks for any advice!
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#1309787 - 11/21/09 01:24 PM
Re: Ballpark new Steinway price reductions in current market?
[Re: SNC]
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2000 Post Club Member
Registered: 11/25/06
Posts: 2604
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Price concessions in the sale of new Steinway pianos much below 10% off of NY retail are rare.
_________________________
Co-Author of The Complete Idiot's Guide To Buying A Piano. A "must read" before you shop. Work for west coast dealer for Yamaha, Schimmel, Bosendorfer, Wm. Knabe.
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#1309789 - 11/21/09 01:25 PM
Re: Ballpark new Steinway price reductions in current market?
[Re: SNC]
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Junior Member
Registered: 08/24/08
Posts: 16
Loc: Iowa
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Follow-up: by 15% reduction, I mean 15% reduction off the MSRP/SMP listed in the current edition of the Fine supplement.
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#1309964 - 11/21/09 06:16 PM
Re: Ballpark new Steinway price reductions in current market?
[Re: SNC]
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1000 Post Club Member
Registered: 08/11/07
Posts: 1428
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The only way to find out would be to offer less to a dealer. I can't imagine anyone revealing any information here that would be helpful--the only person who could help would be a Steinway dealer, and saying publicly that he/she is willing to take more of a discount than 15% could only be counterproductive.
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#1309987 - 11/21/09 06:56 PM
Re: Ballpark new Steinway price reductions in current market?
[Re: Rank Piano Amateur]
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Junior Member
Registered: 08/24/08
Posts: 16
Loc: Iowa
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Thanks. I know these price questions pose all sorts of problems. Perhaps it is easier for professional pianists to trust their own judgments about what a piano is worth. For me, the whole pricing situation just seems incredibly arbitrary. Prices for the very same piano shoot up by several thousand dollars--sometimes substantially more--from year to year. Just seems crazy. I get frustrated trying to think about it.
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#1310075 - 11/21/09 10:13 PM
Re: Ballpark new Steinway price reductions in current market?
[Re: pianoloverus]
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Junior Member
Registered: 08/24/08
Posts: 16
Loc: Iowa
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Thanks, Pianoloverus. No, I haven't firmly decided on a Steinway. There just happened to be a local sale this weekend, so I went, and there the O was. People recommended Estonia, M&H, & Shigeru (and Charles Walter) during the previous go-around when I posted, and I'm still interested. I just haven't yet had time to travel out of town to places where these brands are sold. I'm too busy working to stockpile money to pay for whatever piano I do end up buying! I do think it would be nice to have a piano versatile enough to work for classical and more modern/jazz/popular styles, but the main purpose of the purchase is for a kid studying classical music. As for cost, well, yeah, it's an issue!
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#1310088 - 11/21/09 10:37 PM
Re: Ballpark new Steinway price reductions in current market?
[Re: SNC]
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2000 Post Club Member
Registered: 11/11/09
Posts: 2881
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Regarding a versatile piano, and purely my opinion: outside of the very highest echelon of stunning concert grands, versatile simply equals good.
_________________________
(I'm a piano teacher.)
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