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Ultimate Guide to Buying New or Used Pianos

Whether you’re considering a new or used piano, this guide breaks down everything you need to make an informed decision. From price ranges to maintenance tips, here’s a quick summary:

Key Takeaways:

Costs to Expect:

Quick Comparison:

Feature New Piano Used Piano
Initial Cost Higher ($57,800+) Lower (30–70% less)
Warranty Full coverage Limited or none
Depreciation Loses 30–40% quickly Already depreciated
Selection Limited to current models Includes vintage options
Lifespan 60+ years Depends on age (up to 70+)

Tips for Buyers:

  1. Set a Budget: Consider piano type, brand, and additional costs like tuning or moving.
  2. Inspect Quality: Focus on the soundboard, pinblock, strings, hammers, and action.
  3. Work with Experts: Choose licensed dealers or hire a technician for used pianos to avoid costly mistakes.

Ready to dive in? Let’s explore how to find the perfect piano for your needs and budget.

New vs. Used Pianos: Key Differences

Why Buy New

New pianos come with full warranties, are in perfect condition, and let you choose the exact model, size, and sound you want [3].

Modern models often feature improved action and sound quality. For example, new Steinways range from $57,800 (Model S) to $163,600 (Model D in Lacquer Polished Ebony) [4].

However, keep in mind that new pianos typically lose 30–40% of their value right away and need a break-in period before reaching their peak performance [4][1].

Why Buy Used

Used pianos can be a great deal. For instance, a restored Steinway Model M might cost $25,000 to $40,000, compared to about $63,000 for a new one [4].

Since used pianos have already depreciated, they hold their value better over time. With proper care, they can last 70+ years. For Steinway specifically, the ratio of used to new sales is roughly 50:1, showing their popularity on the secondhand market [4][5].

These points highlight the main differences, setting up a closer side-by-side look.

New vs. Used: Side-by-Side Comparison

Feature New Piano Used Piano
Initial Cost Higher (e.g., $57,800+ for Steinway grands) Lower (typically 30–70% less than new)
Warranty Full manufacturer coverage Limited or none
Maintenance Regular tuning needed May require repairs or restoration
Lifespan About 60+ years from new Varies by age and condition (up to 70+ years total)
Annual Upkeep Around $200 Varies based on condition
Selection Limited to current models Wide range, including vintage options
Depreciation Loses 30–40% quickly Already depreciated

When deciding, think about your long-term needs. If you have the budget, a new Steinway offers peace of mind with its warranty and pristine condition. On the other hand, a well-maintained used piano can be an excellent choice, especially if inspected by a qualified technician [3].

New vs Used Pianos: What’s the Difference

Piano Budget Planning

Now that you know the price ranges, it’s time to align your budget with the type of piano you’re considering.

Piano Costs by Type

Piano prices depend on the type, brand, and condition. Here’s a quick breakdown of what you might spend:

Upright Pianos:

Grand Pianos:

Digital Pianos:

Extra Costs to Plan For

Buying a piano is just the beginning. Don’t forget to account for these additional expenses:

Expense Type Typical Cost Frequency
Professional Moving $200–$500 Per move
Standard Tuning $120–$250 2–4 times per year
Humidity Control System $100+ One-time
Basic Maintenance $50–$100 Annual
String Replacement $10–$50 Per string, as needed

For digital pianos, you’ll also need to budget for accessories like:

Payment and Financing

Many dealers offer payment plans to make piano ownership more manageable. For example, Steinway provides financing options for up to 15 years [9].

"At Steinway, we understand that there is no such thing as a ‘one piano fits all’ concept. With that in mind, we strive to serve the individual needs of our customers by providing comprehensive, flexible financing packages along with the highest levels of service, all delivered by professional." – Steinway & Sons [9]

Here are common financing options to explore:

It’s a good idea to get quotes from multiple dealers and compare interest rates and terms. Some dealers may also offer seasonal promotions or discounts on specific models.

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How to Check Piano Quality

When deciding on a piano, balancing your budget with the instrument’s quality is key to making a smart purchase.

Main Piano Parts

Understanding the main components of a piano is crucial. Focus on these parts: soundboard, pinblock, strings, hammers, and action.

Component What to Check Impact on Quality
Soundboard Look for crown and cracks Affects sound projection and resonance
Pinblock Check pin tightness Ensures tuning stability
Strings Inspect for rust and resonance Influences tone quality
Hammers Examine felt condition Impacts sound production
Action Test key response Determines playability

Steps to Inspect a Used Piano

Warning Signs to Watch For

Best Piano Brands and Sellers

Top Piano Brands

When it comes to pianos, reputation matters. Brands like Steinway, Mason & Hamlin, and Yamaha are known for setting the standard in the industry.

World-renowned pianist Lang Lang has praised the Steinway Spirio for its outstanding performance [13].

Mason & Hamlin stands out for its precise key action and deep, resonant tone.

"Mason & Hamlin pianos are so precise. Everything I put in to the keys is what comes out. There’s no guessing…The action lets you keep getting bigger and bigger sounds. And some other pianos just shut down." [14]

Yamaha is another leader in the market, offering consistent quality across a wide range of models [15]. Now, let’s look at where you can find these trusted brands.

Where to Shop

Cooper Piano, with over a century of experience, is a reliable name offering a variety of brands and essential services.

For those who prefer online shopping, platforms like PianoMart connect buyers with dealers and other piano enthusiasts [16]. If a traditional retail experience is more your style, established dealers like Frank & Camille’s Pianos – which holds an impressive 4.7/5 rating from 82 Google reviews – provide expert advice and a vast selection [17].

Why Choose Licensed Dealers

Buying from licensed dealers comes with several perks: warranties, free tuning, delivery options, side-by-side model comparisons, and even rent-to-own plans [18].

Licensed dealers also offer peace of mind with warranties covering parts and labor, making them a safer bet than private sellers. They ensure every used piano is carefully inspected and restored before sale, minimizing the risk of buying a low-quality instrument. Their dedication to quality and after-sale support makes them the best choice for most buyers [18].

Making Your Purchase

Buying a piano involves more than just picking one that looks and sounds good. It requires careful inspection, skillful negotiation, and professional confirmation to ensure you’re making the right choice.

Pre-Purchase Checklist

Before you commit, take the time to thoroughly inspect the piano. Here’s what to focus on:

Once these steps are done, you’ll be ready to discuss the price.

Price Negotiation Tips

Start your negotiations below your maximum budget and use your inspection results as leverage. Consider asking for extras like:

When you’ve agreed on the price and any extras, it’s time to bring in a professional for a final check.

Getting a Professional Check

Hiring a professional technician for an inspection costs around $150–$200, which is a small price compared to potential repairs that could exceed $2,500. A trained expert can detect issues you might miss, such as problems with tuning pin torque or structural weaknesses.

Some reputable dealers might offer a professional inspection as part of your purchase. Even so, an independent evaluation provides added peace of mind and ensures your investment is sound.

Conclusion

Main Points Review

When choosing a piano, aim for the best quality your budget allows. For acoustic pianos, both new and used options are worth considering. Often, a high-quality used piano can offer better value than a lower-quality new model at the same price [19]. On the other hand, digital pianos are generally better bought new due to frequent technological advancements [19].

Here are the key factors to keep in mind:

Use these tips as a foundation for your piano search.

Getting Started

Now that you have the basics, take these steps to find the piano that suits you best:

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