This first part of our Guide to Buying Your First Piano series focuses on budget and value. To see the full article and other criteria, click here.
For many people, the starting point in their considerations for purchasing a piano is how much it will cost. And there’s no doubt that budget should be an important part of your decision. After all, prices of pianos range from completely free for the taking to tens of thousands of dollars. So how do you determine a budget that makes sense and stick to it?
Do Your Research
Instead of pulling a number from the air, take some time to learn about price points of different new and used pianos so you understand what you would be getting at different prices. (See our articles on Best Beginner Pianos Under $6,000, Best Pianos Under $9,000 and Best Baby Grand Pianos Under $15,000.) Reading the rest of this guide will also help you understand why certain pianos are priced the way they are. Factors such as design and build, manufacturer, condition and upkeep affect not only the price but also the quality of the piano and the music it produces. Be sure you understand the trade-offs that come from selecting a piano at a certain price point. Being informed about the basic of piano costs will enable you to set realistic expectations—and might possibly lead you to reevaluate that budget number.
Perhaps an even more important consideration than the price of a piano is the value of that piano. In general, buying the cheapest piano you can find doesn’t make much more sense than buying the cheapest car you can find. It will result in a piano that doesn’t play well, doesn’t last and then costs you money to get rid of. And what about the free piano? In nearly all cases, there’s a reason people are offering a piano for free—because it’s not worth anything. Poor quality pianos can actually end up costing you a lot of money in repairs and then in moving it out of your home. Remember that a piano is an investment that can last for decades. Cutting corners now may cause frustration and regret later. Do your research, set a price point, and then look for the best value available at that price point.
Making the Impossible Possible
If your dream piano doesn’t seem attainable now, come in and talk to us. We can help you evaluate what trade-offs to make to get the best piano for your needs at your price. We also have financing options that can break up your payments into something that works for your family. Another option is to consider our lifetime trade-up guarantee.
If you’d like more information about buying your first piano, continue on to Criteria 2: Look and Feel in Your Home.