![]() ![]() Baby boomers, retiring and downsizing, are flooding the market with the pianos their children took lessons on. ![]() Digital pianos have become so advanced in tone and touch, and so competitive in price, that for many on a limited budget, a new digital piano may be a better buy than a used acoustic.Globalization and the computerization of manufacturing have made inexpensive, new, high-quality consumer-grade pianos from China and Indonesia abundantly available, leaving lower-quality used instruments from previous eras with little value.Several conditions-some inherent to used-piano sales and some specific to current times-have tended to increase supply and/or drive down the prices of used pianos: Used pianos for sale far outnumber shoppers to buy them, making it a buyer’s market. Since the Recession, used pianos at all price levels have plummeted in value. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |