Pianos that are mass produced generally are not subject to those kinds of favorable results.īelow is an example of what a piano depreciation schedule would look like. If the piano is a popular brand and the market is trending upward, then inflation will actually cause the value of the instrument to rise after depreciating initially. Used pianos are already offered at a discount, and in most cases are worth next to nothing after being purchased from a dealer. ![]() ![]() The drop in value is substantial, often ranging between 670 – 75% within just 2 – 3 years of the initial purchase. Purchasing a piano is a lot like purchasing a vehicle, it will immediately be worthless the minute ownership is transferred to you.īecause piano dealers need to protect the sale, most pianos immediately lose their value after being purchased. ![]() Interested in quality digital pianos for easy learning? You can find them by clicking here#ad Why Do Pianos Depreciate
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