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#1937039 - 08/03/12 06:15 PM What is the value of a 2001 Yamaha m450 piano
iowa Offline
Junior Member

Registered: 08/03/12
Posts: 1
The owner wants it for $2500 and I feel it is overpriced. Could anyone tell me how much it is really worth? Thanks a lot!

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#1937052 - 08/03/12 06:51 PM Re: What is the value of a 2001 Yamaha m450 piano [Re: iowa]
Steve Cohen Online   content
Yikes! 10000 Post Club Member

Registered: 05/26/01
Posts: 10523
Loc: Maryland/DC/No. VA
The M450 was apromotional model with a lighter backpost assembly. I think $2500 would be reasonable from a dealer and with a warranty. From a private party, as is, $1800 would be reasonable.
_________________________
Piano Industry Consultant- http://www.linkedin.com/pub/steve-cohen/6/b92/b80

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Jasons Music
Maryland/DC/No. VA
Since 1937.

www.jasonsmusic.com
My postings, unless stated otherwise, are my personal opinions, not those of my clients.

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#1937099 - 08/03/12 09:36 PM Re: What is the value of a 2001 Yamaha m450 piano [Re: Steve Cohen]
Bokeh Offline
Full Member

Registered: 07/27/12
Posts: 23
Agree that 1800 is top dollar. When I was searching for an upright two weeks ago I saw many of these in mint condition asking right about this number. I passed on all because I don't think they will hold their value.
But I am a newbie at pianos, so take this with a big grain of salt (though I am getting a PhD in business, so I know about $)

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