Welcome to the Piano World Piano Forums
Over 2.5 million posts about pianos, digital pianos, and all types of keyboard instruments
Join the World's Largest Community of Piano Lovers (it's free)
It's Fun to Play the Piano ... Please Pass It On!

SEARCH
Piano Forums & Piano World
What's Hot!!
Posting Pictures on the Forums
-------------------
Forums RULES & HELP
-------------------
ADVERTISE on Piano World
(125ad)
Piano Life Saver - Dampp Chaser
Dampp Chaser Piano Life Saver
(ad)
Piano Buyer Guide
Piano Buyer Fall 2017
Who's Online Now
56 registered members (Bill McKaig,RPT, Axel Ramge, barbaram, ando, 9 invisible), 1,689 guests, and 1 spider.
Key: Admin, Global Mod, Mod
(ad)
Estonia Pianos
Estonia Pianos
Quick Links to Useful Piano & Music Resources
Our Classified Ads
Find Piano Professionals-

*Piano Dealers - Piano Stores
*Piano Tuners
*Piano Teachers
*Piano Movers
*Piano Restorations
*Piano Manufacturers

Quick Links:
*Advertise On Piano World
*Free Piano Newsletter
*Online Piano Recitals
*Piano Recitals Index
*Piano & Music Accessories
*Live Piano Venues
*Music School Listings
* Buying a Piano
*Buying A Acoustic Piano
*Buying a Digital Piano
*Pianos for Sale
*Sell Your Piano
*How Old is My Piano?
*Directory/Site Map
*Virtual Piano
*Music Word Search
*Piano Videos
*Virtual Piano Chords & Scales
Previous Thread
Next Thread
Print Thread
#2689609 - 11/14/17 10:42 PM Baldwin Hamilton 243 value  
Joined: Feb 2013
Posts: 8
flyfishinmusician Offline
Junior Member
flyfishinmusician  Offline
Junior Member

Joined: Feb 2013
Posts: 8
I'm shopping for grand piano and I'm trying to decide if I should try and sell my Baldwin studio piano on my own or if I should trade it in when I buy the new piano. The dealer said he would give me $1500 for it. It's a 243 HP, serial # 470494.

It's been tuned regularly ever since I bought it new 19 yrs ago and is in great shape (aside from a few minor dings and scratches). If I sell it on my own I'm wondering if I would be able to get much more than $1500 for it.

Could someone on here give me an idea of what it might be worth? (It's a medium oak color and has a nice tone).

(ad)
Piano & Music Accessories
piano accessories music gifts tuning and moving equipment
#2689627 - 11/15/17 12:26 AM Re: Baldwin Hamilton 243 value [Re: flyfishinmusician]  
Joined: Dec 2012
Posts: 2,008
musicpassion Offline
2000 Post Club Member
musicpassion  Offline
2000 Post Club Member

Joined: Dec 2012
Posts: 2,008
California, USA
I think your dealer is being very fair (assuming it's not some kind of trade in offer that precludes other discounts you'd normally get... some used car dealers have tactics like this). Although the 243 is a well regarded piano that people will look for, Baldwin pianos don't generally carry a high price.

If you asked $2,000, for example, I'm not sure you'd get it. Probably not, depending on your region.


Pianist and Piano Teacher
#2689688 - 11/15/17 08:43 AM Re: Baldwin Hamilton 243 value [Re: flyfishinmusician]  
Joined: May 2001
Posts: 10,880
Steve Cohen Offline
Yikes! 10000 Post Club Member
Steve Cohen  Offline
Yikes! 10000 Post Club Member

Joined: May 2001
Posts: 10,880
Maryland/DC/No. VA
I agree.


Piano Industry Consultant- http://www.linkedin.com/pub/steve-cohen/6/b92/b80

Consultant & Contributing Editor - Acoustic & Digital Piano Buyer

Jasons Music
Maryland/DC/No. VA
Since 1937.

www.jasonsmusic.com
My postings, unless stated otherwise, are my personal opinions, not those of my clients.
#2689731 - 11/15/17 12:18 PM Re: Baldwin Hamilton 243 value [Re: flyfishinmusician]  
Joined: Mar 2006
Posts: 11,335
Rickster Offline
Yikes! 10000 Post Club Member
Rickster  Offline
Yikes! 10000 Post Club Member

Joined: Mar 2006
Posts: 11,335
Georgia, USA
Originally Posted by flyfishinmusician
I'm shopping for grand piano and I'm trying to decide if I should try and sell my Baldwin studio piano on my own or if I should trade it in when I buy the new piano. The dealer said he would give me $1500 for it. It's a 243 HP, serial # 470494.

It's been tuned regularly ever since I bought it new 19 yrs ago and is in great shape (aside from a few minor dings and scratches). If I sell it on my own I'm wondering if I would be able to get much more than $1500 for it.

Could someone on here give me an idea of what it might be worth? (It's a medium oak color and has a nice tone).

I agree with musicpassion and Steve. However, you have to be careful when talking trade-ins. If the dealer is asking top retail price for his piano, then $1500 for your Baldwin might not be a good trade-in deal at all.

I do agree that the Baldwin 243s are very good pianos, but can be had on the private sale used market for $500 to $1000, even for the later model ones.

Look at it like this... you might be able to sell your Baldwin 243 for $800 on the used market, and, it might take a while to sell it. The $1500 trade-in might be a generous offer on the dealers part, or it might not, depending on the price of the new piano you are looking at.

I know this is apples and oranges, but years ago there was a new car dealer sales manager who attended our church. I asked him one Sunday how much commission a salesperson usually made on the sale of a new car/truck. He said it varies anywhere from $300 to $1000, depending on the amount of money the dealer made on the deal. He also said that a salesperson might make a $3000 commission on the sale of a late model used car because the dealer makes much more profit on late model trade-ins than on new vehicle sales.

I was kind of surprised, but not by a lot. Trade-ins can be tricky and look good on paper, but are not so good in reality.

However, the trade-in is a quick and easy way to get a new piano and get rid of your old one all at the same time. That is worth something...

Good luck.

Rick


Piano enthusiast and amateur musician: "Treat others the way you would like to be treated". Yamaha C7. YouTube Channel
(ad ) MusicNotes.com
sheet music search
#2690001 - 11/16/17 12:16 PM Re: Baldwin Hamilton 243 value [Re: flyfishinmusician]  
Joined: Feb 2017
Posts: 57
P3T3R Offline
Full Member
P3T3R  Offline
Full Member

Joined: Feb 2017
Posts: 57
Western New York State, USA
I used to sell my old cars privately when I bought a new one, knowing that I would get more for it by bypassing the dealer (who has to make a profit). Eventually, the hassle of of it become a big enough deterrent. Don't forget that your time and effort have value. If you decide to sell it privately, you have to have a place to keep it until it sells, make yourself available to people to look at it, take the risk of it not selling for more than you would have received in trade... If I was in your shoes I would trade it in for the convenience if for no other reason.


Peter
1949 Baldwin M
currently working on the Chopin Ballades,
Brahms op. 10 Ballades and op.119 Klavierstucke,
Mendelssohn Songs Without Words and E minor Prelude and Fugue.

Moderated by  Ken Knapp, Piano World 

Piano Acc. & Gift Items in
Piano World's Online Store
In PianoSupplies.com ,(a division of Piano World)
our online store for piano and music gifts and accessories, Digital Piano Dolly, party goods, tuning equipment, piano moving equipment, benches, lamps Caster Cups and more.


Free Shipping* on Jansen Artist Piano Benches, Cocoweb Piano Lamps, Hidrau Hydraulic Piano Benches
(*free shipping within contiguous U.S. only)
(ad)
Pearl River & Ritmuller
Pearl River Pianos
(ad)
Pianoteq
PianoTeq 6 Out now
ad
Pierce Piano Atlas


New Topics - Multiple Forums
New Chinese made Baldwin 7 foot grand
by 7naturals. 11/22/17 01:23 AM
Moonlight Sonata Sostenuto
by Weiyan. 11/22/17 12:53 AM
Experience with Redbird, Concertpianos, and “Maestro”?
by Duke of Dunning. 11/21/17 06:26 PM
Forum Statistics
Forums44
Topics182,879
Posts2,673,442
Members89,168
Most Online15,252
Mar 21st, 2010
(ad)
Accu-Tuner
Sanderson Accu-Tuner
Check It Out!
There's a lot more to Piano World than just the forums.
Click Here to
Explore The Rest of Piano World!!
Visit our online store for gifts for music lovers


 
Help keep the forums up and running with a donation, any amount is appreciated!
Or by becoming a Subscribing member! Thank-you.
Donate   Subscribe
 
Our Piano Related Classified Ads
| Dealers | Tuners | Lessons | Movers | Restorations | Pianos For Sale | Sell Your Piano |

Advertise on Piano World
| Subscribe | Piano World | PianoSupplies.com | Advertise on Piano World |
| |Contact | Privacy | Legal | About Us | Site Map | Free Newsletter |


copyright 1997 - 2017 Piano World ® all rights reserved
No part of this site may be reproduced without prior written permission
Powered by UBB.threads™ PHP Forum Software 7.6.0