There is often a hesitancy to purchase a used piano. However, with the proper care and restoration, used upright pianos can look and sound just like a newer model. In addition, they cost a lot less. Music is an integral part of life. Thankfully used pianos help make music that much more accessible and affordable.
That being said, without researching, it can be challenging to know what you should be looking to pay. Trying to understand the benefits of buying used over new can be confusing. As such, here we will be discussing how much you would be looking to pay for an old piano. As well as this, what exactly you can do with it.
How much is an old piano worth?
It is difficult to give an exact number of what you should expect to pay for an old piano. This is because the price will vary based on several factors. Piano appraisers will typically use three methods to determine the correct market value of a used piano. These factors are
- comparable sales
- depreciation; and
- value minus the cost of restoration.
However, as a general guide, you should expect to pay a minimum of £1500 for good quality used pianos. This ensures that it has been adequately restored, is in good working order and has proper touch and tone. It is often easy to be enticed by used pianos at a much lower price point. However, they may require hundreds or even thousands of pounds if they have not been maintained.
What can I do with an old piano?
Buying a used piano can be an excellent way to reignite your passion for playing the piano. It’s also a great way to learn a new skill. Not everyone has the funds to purchase a newer piano model. So buying second hand can be a great option for those looking to access music within a specific budget.
You may also find that used pianos can be great for children looking to learn how to play a musical instrument. Learning to play the piano is a great way to teach children discipline. It opens their minds to the arts, and help their brains develop during those all-important years. That being said, a piano is an investment. You may be hesitant to spend thousands on a new model in case your child loses interest after six months.
Second-hand upright pianos ensure that even if your child does lose interest, you can resell them without having to worry about depreciation. It’s a great way to reduce any potential financial losses.
What is the cheapest upright piano?
As mentioned, it can be difficult to put a price on used pianos. This is because there are many factors you have to take into account. If you are looking for a cost-effective used piano that is guaranteed to be in good working condition and has been fully regulated and restored, you need to look no further than Markson Pianos.
We regularly have new arrivals to our used piano collection with varying prices to meet all budgets. Our cheapest model comes in at £1700 and is in excellent condition, ready to take home. All of our second-hand/ pre owned pianos come with a five-year guarantee. This is to ensure you are getting a quality product that is built to last. Our used pianos are also available to hire in London, with our cheapest model being priced at just £35 per month.
Get in touch with us today!
As one of the UK’s leading piano dealers, we are proud to offer an extensive range of pre-owned upright pianos. Each piano goes through the full regulation and setup process in the same way as new pianos. Where necessary parts are replaced or renewed.
These pianos receive at least two in-house tunings to assess their stability. Only once we are satisfied that they are structurally sound, they are made available for sale. Alternatively, if you’re looking to sell your piano, why not check out our page on “How to sell your piano online“.
To find out more about our second-hand acoustic upright piano range, you can visit our website or get in touch with us today on 020 7935 8682. Our stock of second-hand pianos is continually changing and growing so, please get in touch to find out more about our newest arrivals.