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The advantage of a pre-owned Steinway & Sons piano

By admin - January 27, 2023

At a time when piano manufacturers are implementing historically high price increases, there has never been a better time to consider the purchase of a nearly new or restored piano.

 

With price increases of between 10% - 20% on Steinway pianos this year, the future value of all existing Steinway pianos is significantly affected. Therefore, if you are wanting to own a beautiful Steinway upright or grand piano, the arguments for purchasing a used model over a new one, are extremely powerful and compelling:

 

  • Increased cost saving: The most obvious benefit of purchasing a used Steinway is cost saving. Steinway pianos are renowned for their investment potential, but for now, the value of a nearly new or restored Steinway will not have increased relative to the recent price increase of new Steinways.
  • Investment potential: The investment potential of a used Steinway will be just as good as a new one. With new pianos, a significant part of the cost is VAT, however with many used pianos, this is not the case.
  • An instrument at its optimal potential: With a nearly new Steinway & Sons piano, say between 10-20 years old, the piano is probably just reaching its optimum potential. Like a fine wine, it can take some time for a premium piano to be at its absolute best. With a restored piano, it is often the case that it will have had new action parts, hammers, strings and felts. In this instance, the piano will feel like a new instrument and will have been given a whole new lease of life.
  • Peace of mind: All of our pre-owned Steinway pianos come with a 5 year guarantee.

 

Learn more about the Steinway brand:

 

Steinway & Sons have been building handcrafted pianos of uncompromising quality since 1853. Every Steinway piano supplied by Coach House is meticulously prepared by our time-served technicians, whose expertise is unrivalled, having had many years of experience working with Steinway instruments.

 

 

Access COACH HOUSE PIANOS' pre-owned Steinway event:

 

Our Exclusive Private Retail Event featuring pre-owned Steinway & Sons pianos runs from 6th - 13th February 2023.

This is the last chance to secure a pre-owned Steinway & Sons piano at last year's price, ahead of the largest price increase in decades.

 

  • The average annual price increase of Steinway pianos is around 4% but this year the increase is as much as 20% .
  • No better time to invest in a pre-owned, nearly new Steinway than now.

An exclusive selection of modern, pre-owned Steinway pianos will be available on a ‘FIRST COME, FIRST-SERVED BASIS’ at last year’s pricing. The selection includes upright and grand pianos with prices starting at £32,995.

This event is by appointment only (physical or virtual) and can be secured by calling Coach House Pianos on 020 8088 5858 or the following link:

 

BOOK YOUR APPOINTMENT                                                                                                                                 

 

 

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