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Baldwin Piano 245 #2900155
10/14/19 01:35 PM
10/14/19 01:35 PM
Joined: Sep 2019
Posts: 3
G
gentlebreeze Offline OP
Junior Member
gentlebreeze  Offline OP
Junior Member
G

Joined: Sep 2019
Posts: 3
Hello

First time posting here, I am considering purchasing a
Baldwin 245 piano made in 2000
45”
Pecan Satin finish
Serial #372913

I liked the sound although I’m a beginner but I’m curious to hear others thoughts on this piano, is it a good one? They are asking $4,990

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Re: Baldwin Piano 245 [Re: gentlebreeze] #2900162
10/14/19 01:57 PM
10/14/19 01:57 PM
Joined: Mar 2018
Posts: 376
Texas
Dr. Rogers Offline
Full Member
Dr. Rogers  Offline
Full Member

Joined: Mar 2018
Posts: 376
Texas
Originally Posted by gentlebreeze
They are asking $4,990


I love Baldwins, but that price strikes me as rather high. Did you accidentally add an extra zero?


Austin Rogers, PhD
Music Teacher in Austin, TX
Baldwin SD-10 Concert Grand "Kuroneko", Baldwin Upright, Yamaha P-255
Re: Baldwin Piano 245 [Re: gentlebreeze] #2900166
10/14/19 02:02 PM
10/14/19 02:02 PM
Joined: May 2006
Posts: 5,053
Georgia, USA
terminaldegree Offline
5000 Post Club Member
terminaldegree  Offline
5000 Post Club Member

Joined: May 2006
Posts: 5,053
Georgia, USA
That definitely strikes me as being on the high side. You could get a brand new one for a whisker over $5k.


Pianist, teacher, apprentice technician, internet addict.
Piano Review Editor - Acoustic and Digital Piano Buyer
Re: Baldwin Piano 245 [Re: gentlebreeze] #2900167
10/14/19 02:05 PM
10/14/19 02:05 PM
Joined: Sep 2019
Posts: 3
G
gentlebreeze Offline OP
Junior Member
gentlebreeze  Offline OP
Junior Member
G

Joined: Sep 2019
Posts: 3
Good to know, I’m pretty ignorant about piano prices! That is the price they are asking for sure... I wonder if I could negotiate it down but to what would be fair? Thank you for the responses

Re: Baldwin Piano 245 [Re: gentlebreeze] #2900180
10/14/19 02:28 PM
10/14/19 02:28 PM
Joined: May 2006
Posts: 5,053
Georgia, USA
terminaldegree Offline
5000 Post Club Member
terminaldegree  Offline
5000 Post Club Member

Joined: May 2006
Posts: 5,053
Georgia, USA
If you'd like to feel better educated about pricing, I suggest starting here:

https://www.pianobuyer.com/article/buying-a-used-or-restored-piano-how-much-is-it-worth/
which suggests that a 20 year old piano should be worth about 45% of the "street price" of its new equivalent, if in very good condition.

Then check here:
https://www.pianobuyer.com/brand/baldwin/
...and even though that model is no longer made, I'd plug in the 47" BP1 as something of an equivalent. That piano has an SMP of $6,790 in the cheapest finish.

Then look here:
https://www.pianobuyer.com/acoustic-pianos-introduction-to-brand-profiles-models-prices/
for an introduction to pricing, and what to expect in most markets.

If you figure in a mildly-negotiated 20% discount from the SMP price, the "street price" of the new piano would be around $5,432 (plus tax, etc.). If we take 45% of the street price, based on the age and that it won't have a factory warranty anymore we get $2,444. So, if it were in really great condition, I'd expect to pay around $2,500 from a dealer, or a little less from a private party (unless it has been neglected, needing a pitch raise + tuning, and possibly other adjustments or repairs).


Pianist, teacher, apprentice technician, internet addict.
Piano Review Editor - Acoustic and Digital Piano Buyer
Re: Baldwin Piano 245 [Re: terminaldegree] #2900187
10/14/19 03:05 PM
10/14/19 03:05 PM
Joined: May 2005
Posts: 9,466
Phoenix, Arizona
Carey Offline
9000 Post Club Member
Carey  Offline
9000 Post Club Member

Joined: May 2005
Posts: 9,466
Phoenix, Arizona
Originally Posted by terminaldegree
If you'd like to feel better educated about pricing, I suggest starting here:

https://www.pianobuyer.com/article/buying-a-used-or-restored-piano-how-much-is-it-worth/
which suggests that a 20 year old piano should be worth about 45% of the "street price" of its new equivalent, if in very good condition.

Then check here:
https://www.pianobuyer.com/brand/baldwin/
...and even though that model is no longer made, I'd plug in the 47" BP1 as something of an equivalent. That piano has an SMP of $6,790 in the cheapest finish.

Then look here:
https://www.pianobuyer.com/acoustic-pianos-introduction-to-brand-profiles-models-prices/
for an introduction to pricing, and what to expect in most markets.

If you figure in a mildly-negotiated 20% discount from the SMP price, the "street price" of the new piano would be around $5,432 (plus tax, etc.). If we take 45% of the street price, based on the age and that it won't have a factory warranty anymore we get $2,444. So, if it were in really great condition, I'd expect to pay around $2,500 from a dealer, or a little less from a private party (unless it has been neglected, needing a pitch raise + tuning, and possibly other adjustments or repairs).
EXCELLENT post !!!!!! thumb


Mason and Hamlin BB - 91640
Kawai K-500 Upright
Kawai CA-65 Digital
YouTube channel - http://www.youtube.com/user/pianophilo
Re: Baldwin Piano 245 [Re: terminaldegree] #2900236
10/14/19 06:50 PM
10/14/19 06:50 PM
Joined: Sep 2019
Posts: 3
G
gentlebreeze Offline OP
Junior Member
gentlebreeze  Offline OP
Junior Member
G

Joined: Sep 2019
Posts: 3
Wow thank you for helping me, I really appreciate your time


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