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Joined: May 2001
Posts: 11,199
S
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S
Joined: May 2001
Posts: 11,199
Originally Posted by Rank Piano Amateur
So I have a question: was the purchase price for the piano here below its actual, real, factual cost to the dealer? If so, how can dealer manage to do this? Or is it like the car industry, in which cars are sold below "invoice?" Selling a car for less than it actually cost the dealer to purchase it clearly cannot happen in real life, which must mean that the "invoice" includes dollar amounts that are in addition to the actual cost to the dealer. In this case, if the pianos are being sold for less than half of the MSRP, doesn't it follow that the manufacturers are actually charging the dealers less than half of the MSRP to buy the pianos?

I apologize if this was raised and answered earlier in this thread, but I do not have the energy to read all of the pages of prior posts, especially now that it seems clear that there is a lot of inflammatory surplusage included on those pages.


I am privy to both the real wholesale prices and MSRPs from almost all manufacturers. Some manufacturer severely inflate their MSRP while other are more resonable. There is no real relationship between MSRP and dealer cost. In almost all cases, the actual selling prices are significantly lower than the MSRP (Steinway excluded).

For the best guide (and to see who has abnormally high MSRPs), go to Piano Buyer and read the pricing information about MSRPs, Larry's "SMP" (Suggested Maximum Price), and how to calculate a reasonable "street price". His guidance isn't perfect, but it is quite good, and Ive seen nothing better.


Piano Industry Consultant

Co-author (with Larry Fine) of Practical Piano Valuation
www.jasonsmc@msn.com

Contributing Editor & Consultant - Acoustic & Digital Piano Buyer

Retired owned of Jasons Music Center
Maryland/DC/No. VA
Family Owned and Operated Since 1937.


Joined: May 2011
Posts: 3
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J
Joined: May 2011
Posts: 3
Hi dp69,

Thanks for sharing your successful story.

I'm trying to find other buyers interested in purchasing a new Yamaha U1. I searched PW forum and did the Google search. However, I did not find any buyers group to join.

Would you tell me how you managed to join your group?

Thanks

Joined: Jan 2007
Posts: 7,439
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Joined: Jan 2007
Posts: 7,439
Originally Posted by Jolie San Jose
Hi dp69,
I'm trying to find other buyers interested in purchasing a new Yamaha U1. I searched PW forum and did the Google searc

If you are really from San Jose and shopping for a new U1 at the lowest possible price, you should go to the Yamaha dealer in San Jose and ask if they have any group deals in the works that you can join. If they don't, check other Bay area dealers.

It is very difficult to believe that any Bay area dealer would give you a quote of $9999 on a new U1, What dealer was that?


Will Johnny Come Marching Home?
The fate of the modern wartime soldier
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