STANDARD PRICING GUIDELINES

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Welcome!

Touch, tone, styling, size all play a part in the quality and price of a given piano. and are extremely subjective. Each piano maker has its own unique features and points of excellence and value. The purpose of this piano guide is to give you the best consumer information available to help you make your own decision. The prices shown here reflect the current piano market and are accurate fair trade standards.

Depreciation Schedule

The method of determining the value of a used piano is called the "depreciation" method. This method is especially useful for appraising pianos of recent makes when the models are still in production or has been recently  discontinued. To use it, one needs to find out how much a new piano of the same or comparable make and model would cost now, then look up the age of the subject piano on a depreciation schedule. The percentage given represents what the piano is worth relative to the cost of a new one.

Depreciation of Used Pianos
Age in Years  |  New Price %

1 Year Old 78% | 2 Years Old 75% | 3 Years Old 70% | 5 Years Old 65%
8 Years Old 58% | 10 Years Old 55% | 15 Years Old 50% | 20+ Years Old 40%

New Piano & Replacement Values