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#2062561 - 04/10/13 08:28 PM What to Pay for an 11 Year Old K-50E?
ShaneRex Offline
Junior Member

Registered: 04/10/13
Posts: 3
Hi,

I am looking to buy a piano for my young family. I looked at and liked an 11 year old Kawai K-50E piano. It is in immaculate condition. The seller paid $5300 for it new. It looks like it has never been used. I have been advised to offer $3500. How much is it worth? Thanks.


Edited by ShaneRex (04/10/13 08:30 PM)

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#2062576 - 04/10/13 08:48 PM Re: What to Pay for an 11 Year Old K-50E? [Re: ShaneRex]
PianoWorksATL Offline
3000 Post Club Member

Registered: 09/19/09
Posts: 3188
Loc: Atlanta, GA
Does never used mean never serviced? Those are good instruments, but on any private sale, a tech inspection is worth 10x the cost. Immaculate in a retail setting and it would sell for more than $3500. In a private sale, I would say that $3500 is less than half of discounted retail for new. See how the negotiation goes.
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#2063229 - 04/12/13 12:38 AM Re: What to Pay for an 11 Year Old K-50E? [Re: PianoWorksATL]
ShaneRex Offline
Junior Member

Registered: 04/10/13
Posts: 3
Thanks for the info. The serial # shows that the piano was made in 2000....they may have bought it in 2002 though. I would think this does not decrease the value by too much. $3900 seems to be the price so far. I am planning on having a tech look at it before I commit with any money.

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#2063232 - 04/12/13 12:50 AM Re: What to Pay for an 11 Year Old K-50E? [Re: ShaneRex]
ShaneRex Offline
Junior Member

Registered: 04/10/13
Posts: 3
BTW...sounds like it was tuned only once.

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#2063295 - 04/12/13 05:02 AM Re: What to Pay for an 11 Year Old K-50E? [Re: ShaneRex]
ashley john Offline
Junior Member

Registered: 12/05/12
Posts: 11
Loc: Banned
The price of a used K-50E usually ranged between $3400 - $3900. You can check out local pawn shops for appraisal.
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Link to pawn shop deleted by moderator

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#2063372 - 04/12/13 09:32 AM Re: What to Pay for an 11 Year Old K-50E? [Re: ashley john]
PianoWorksATL Offline
3000 Post Club Member

Registered: 09/19/09
Posts: 3188
Loc: Atlanta, GA
Originally Posted By: ashley john
The price of a used K-50E usually ranged between $3400 - $3900. You can check out local pawn shops for appraisal.
Hello Spammer.
_________________________
Sam Bennett
PianoWorks - Atlanta Piano Dealer
Bösendorfer, Estonia, Seiler, Grotrian, Hailun
Pre-Owned: Yamaha, Kawai, Steinway & other fine pianos
Full Restoration Shop
www.PianoWorks.com
www.youtube.com/PianoWorksAtlanta

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#2063379 - 04/12/13 09:42 AM Re: What to Pay for an 11 Year Old K-50E? [Re: ashley john]
Steve Peterson Offline

Bronze Level Supporter until October 5 2014


Registered: 03/15/13
Posts: 305
Loc: Texas
Originally Posted By: ashley john
The price of a used K-50E usually ranged between $3400 - $3900. You can check out local pawn shops for appraisal.


Really? Pawn shops? You're recommendation for an appraisal of a musical instrument is a place well known for ripping off their customers that also sells lawn mowers, "budget DVDs" and guns? I think a pawn shop would be the worst place to get a good appraisal of an instrument.

(rant over)
_________________________
Cello, Piano, Electric Bass

1967 Baldwin SD-10 | Kawai MP11

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#2063391 - 04/12/13 10:01 AM Re: What to Pay for an 11 Year Old K-50E? [Re: Steve Peterson]
Minnesota Marty Offline

Platinum Supporter until October 5 2014


Registered: 05/15/12
Posts: 7439
Loc: Rochester MN
Originally Posted By: Steve Peterson
I think a pawn shop would be the worst place to get a good appraisal of an instrument.

(rant over)


Excellent rant!
_________________________
Marty in Minnesota

It's much easier to bash a Steinway than it is to play one.

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