2017 was our 20th year online!

Welcome to the Piano World Piano Forums
Over 2.9 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!

Shop our online store for music lovers
SEARCH
Piano Forums & Piano World
(ad)
Petrof Pianos
Petrof Pianos
(ad)
Pianoteq
PianoTeq Karsten Collection
(ad)
Piano Life Saver - Dampp Chaser
Dampp Chaser Piano Life Saver
Who's Online Now
42 members (ChiaraTor, AndyP, Charles Cohen, dcbluepiano, arash mehrad, akc42, dima5222, alextdel, Animisha, 7 invisible), 350 guests, and 434 robots.
Key: Admin, Global Mod, Mod
(ad)
Estonia Pianos
Estonia Pianos
Previous Thread
Next Thread
Print Thread
Hop To
Page 1 of 2 1 2
You can buy a decent piano for the price of a daily coffee
#3003127 07/15/20 07:32 PM
Joined: Mar 2019
Posts: 1,349
W
1000 Post Club Member
OP Offline
1000 Post Club Member
W
Joined: Mar 2019
Posts: 1,349
I got bored and a bit curious today about the cost of a decent piano, so I did some calculations...

I’m going to assume that a decent new upright (say, Kawai K-300 or Yamaha U1) costs in my neck of the woods about CAD$10k. If you keep it for a mere 10 years, it will only cost you less than a cup of Starbucks coffee per day. And we all know that new pianos can last many, many more years than that. If you think of all those years you will have use of such a wonderful instrument, that’s a really good deal!

Haha I just found that interesting info for a slow afternoon/early evening. wink

Moral of the story? Give up that morning coffee and buy yourself a piano!


Kawai K-500
Casio PX-735 (in retirement)
(ad int) Petrof Pianos
Petrof Pianos
Re: You can buy a decent piano for the price of a daily coffee
WeakLeftHand #3003129 07/15/20 07:47 PM
Joined: May 2015
Posts: 6,502
Silver Subscriber
6000 Post Club Member
Offline
Silver Subscriber
6000 Post Club Member
Joined: May 2015
Posts: 6,502
Great! Now I can justify buying a second piano 😊


"Music, rich, full of feeling, not soulless, is like a crystal on which the sun falls and brings forth from it a whole rainbow" - F. Chopin
"I never dreamt with my own two hands I could touch the sky" - Sappho

It's ok to be a Work In Progress
Re: You can buy a decent piano for the price of a daily coffee
dogperson #3003130 07/15/20 07:56 PM
Joined: Dec 2004
Posts: 5,514
5000 Post Club Member
Offline
5000 Post Club Member
Joined: Dec 2004
Posts: 5,514
Originally Posted by dogperson
Great! Now I can justify buying a second piano 😊

Best answer!!!


Started piano June 1999.
Proud owner of a Yamaha C2

[Linked Image]
[Linked Image]
[Linked Image]
Re: You can buy a decent piano for the price of a daily coffee
WeakLeftHand #3003137 07/15/20 08:26 PM
Joined: Mar 2006
Posts: 13,389
Yikes! 10000 Post Club Member
Offline
Yikes! 10000 Post Club Member
Joined: Mar 2006
Posts: 13,389
I'll go along with that idea! As long as I don't have to give up the morning coffee... smile

Rick


Piano enthusiast and amateur musician: "Treat others the way you would like to be treated". Yamaha C7. YouTube Channel
Re: You can buy a decent piano for the price of a daily coffee
WeakLeftHand #3003149 07/15/20 08:57 PM
Joined: May 2001
Posts: 27,716
Yikes! 10000 Post Club Member
Offline
Yikes! 10000 Post Club Member
Joined: May 2001
Posts: 27,716
Somehow, I don't think any piano dealers are going to use this in their advertising.

Re: You can buy a decent piano for the price of a daily coffee
WeakLeftHand #3003162 07/15/20 09:25 PM
Joined: Feb 2020
Posts: 236
D
Full Member
Offline
Full Member
D
Joined: Feb 2020
Posts: 236
Originally Posted by WeakLeftHand
I got bored and a bit curious today about the cost of a decent piano, so I did some calculations...

I’m going to assume that a decent new upright (say, Kawai K-300 or Yamaha U1) costs in my neck of the woods about CAD$10k. If you keep it for a mere 10 years, it will only cost you less than a cup of Starbucks coffee per day. And we all know that new pianos can last many, many more years than that. If you think of all those years you will have use of such a wonderful instrument, that’s a really good deal!

Haha I just found that interesting info for a slow afternoon/early evening. wink

Moral of the story? Give up that morning coffee and buy yourself a piano!


On the other hand, you don't pay Starbucks 10 years worth of coffee in advance/at once! Not many coffee lovers can afford doing that imho. If so they might just have to give up the coffee... Just saying smile

Last edited by DreamPiano80; 07/15/20 09:28 PM.
Re: You can buy a decent piano for the price of a daily coffee
WeakLeftHand #3003192 07/16/20 12:48 AM
Joined: May 2001
Posts: 24,196
Gold Subscriber
Yikes! 10000 Post Club Member
Offline
Gold Subscriber
Yikes! 10000 Post Club Member
Joined: May 2001
Posts: 24,196
I have never understood why people will pay up to $4.00, sometimes even more, for a cup of coffee when I can make it at home for (probably) less than fifty cents.

Last edited by BruceD; 07/16/20 12:52 AM.

BruceD
- - - - -
Estonia 190
Re: You can buy a decent piano for the price of a daily coffee
WeakLeftHand #3003197 07/16/20 01:15 AM
Joined: Oct 2009
Posts: 3,415
j&j Offline
3000 Post Club Member
Offline
3000 Post Club Member
Joined: Oct 2009
Posts: 3,415
What do I have to give up for regular tunings and maintenance? My evening’s glass of wine?


J & J
Estonia L190 Hidden Beauty
Casio Privia PX-330
I save far better than I play!
[Linked Image]
Re: You can buy a decent piano for the price of a daily coffee
BruceD #3003280 07/16/20 09:35 AM
Joined: Mar 2019
Posts: 1,349
W
1000 Post Club Member
OP Offline
1000 Post Club Member
W
Joined: Mar 2019
Posts: 1,349
Originally Posted by BruceD
I have never understood why people will pay up to $4.00, sometimes even more, for a cup of coffee when I can make it at home for (probably) less than fifty cents.

I think the answer to that is the same as why some people are willing to pay over $100k for a Steinway. Different people prioritize their money differently.


Kawai K-500
Casio PX-735 (in retirement)
Re: You can buy a decent piano for the price of a daily coffee
WeakLeftHand #3003291 07/16/20 10:16 AM
Joined: Mar 2006
Posts: 13,389
Yikes! 10000 Post Club Member
Offline
Yikes! 10000 Post Club Member
Joined: Mar 2006
Posts: 13,389
Originally Posted by BruceD
I have never understood why people will pay up to $4.00, sometimes even more, for a cup of coffee when I can make it at home for (probably) less than fifty cents.

I feel the same way, Bruce. However, a little back story (seems I always have one:-)...

I never had a cup of Starbucks coffee until a few years ago, when my late wife was in the hospital. The hospital cafeteria contracted with Starbucks and all the coffee they had was Starbucks. So, my very first cup of Starbucks coffee was at the Wellstar Kennestone Hospital in Marietta Ga.

I thought to myself, yea, it is pretty good, but I'm not so sure it is head and shoulders better than the coffee I make at home. I honestly think Starbucks is a little like Steinway. They have done a fantastic job of selling their brand.

By the way, I like the Folgers 100% Colombian brand coffee, which is what I make at home.

I do, however, get WeakLeftHand's point about what one might be willing to give up in order to afford something else they would like to have.

Just my .02, that is actually worth .01 smile

Rick


Piano enthusiast and amateur musician: "Treat others the way you would like to be treated". Yamaha C7. YouTube Channel
Re: You can buy a decent piano for the price of a daily coffee
WeakLeftHand #3003304 07/16/20 11:09 AM
Joined: May 2001
Posts: 27,716
Yikes! 10000 Post Club Member
Offline
Yikes! 10000 Post Club Member
Joined: May 2001
Posts: 27,716
Originally Posted by WeakLeftHand
Originally Posted by BruceD
I have never understood why people will pay up to $4.00, sometimes even more, for a cup of coffee when I can make it at home for (probably) less than fifty cents.

I think the answer to that is the same as why some people are willing to pay over $100k for a Steinway. Different people prioritize their money differently.
Other reasons are how wealthy a person is or is not, convenience, being in a rush, and some more I can't think of.

Re: You can buy a decent piano for the price of a daily coffee
pianoloverus #3003335 07/16/20 12:27 PM
Joined: Mar 2019
Posts: 1,349
W
1000 Post Club Member
OP Offline
1000 Post Club Member
W
Joined: Mar 2019
Posts: 1,349
Originally Posted by pianoloverus
Originally Posted by WeakLeftHand
Originally Posted by BruceD
I have never understood why people will pay up to $4.00, sometimes even more, for a cup of coffee when I can make it at home for (probably) less than fifty cents.

I think the answer to that is the same as why some people are willing to pay over $100k for a Steinway. Different people prioritize their money differently.
Other reasons are how wealthy a person is or is not, convenience, being in a rush, and some more I can't think of.

Haha, I do believe you are referring to buying a coffee! Because I can’t imagine someone would buy a Steinway because it was more convenient!?! Lol.

Anyway, I agree with you. When I started working in the financial district many years ago, I bought a lot of expensive Starbucks and other coffees daily due to convenience, etc., as well as just preferring cappuccinos and lattes over the regular stuff. I spent $10-15 on such drinks daily. Add a muffin on top and it was easily $20 per day. It can get expensive fast but I was young, made decent money, it was convenient and everyone did it so...I did too.

I don’t do that anymore. I now drink the free stuff my company has on offer in the kitchen or I just drink water. People and their priorities change over time.


Kawai K-500
Casio PX-735 (in retirement)
Re: You can buy a decent piano for the price of a daily coffee
WeakLeftHand #3003360 07/16/20 01:35 PM
Joined: May 2018
Posts: 130
S
Full Member
Offline
Full Member
S
Joined: May 2018
Posts: 130
When I was a graduate student in England (or post-graduate as it's called there), 1998-2006, I rented a newer, used upright early on (likely Yamaha C-108 or equivalent, oak coloured), which cost about 350 pounds per year back then. I was on a tight international student budget then, but figured that I could afford "a pound a day" for my mental well being and the joy of many concerts that it allowed. After two years or so, once I decided that I was gonna stay on for my doctorate, I ended up just purchasing it from the dealer. I forget the total cost now, but whatever it was, it was the best investment of my 6-year student life there! Since I already had my piano at home, I donated that to my church before returning to Canada. I wonder if it's still there (Collingwood Road United Reformed Church, Oxford, UK). Anyway, yes, I will take a piano over expensive daily coffee anytime. smile


Public servant by day, pianist and choir conductor by night
Yamaha C2X (2020) and Yamaha digital piano P120 (2019)
Re: You can buy a decent piano for the price of a daily coffee
WeakLeftHand #3003425 07/16/20 05:06 PM
Joined: Sep 2015
Posts: 4,363
4000 Post Club Member
Offline
4000 Post Club Member
Joined: Sep 2015
Posts: 4,363
In the interest of balance...

Some of us drink tea.

😀😀😀

Re: You can buy a decent piano for the price of a daily coffee
WeakLeftHand #3003438 07/16/20 05:51 PM
Joined: Oct 2009
Posts: 3,415
j&j Offline
3000 Post Club Member
Offline
3000 Post Club Member
Joined: Oct 2009
Posts: 3,415
With a small capital investment, we can roast, grind, and brew very gourmet coffee or select the finest imported teas to steep at home for far less than Starbucks. Which means great coffee or tea while still having the ability to afford a piano.


J & J
Estonia L190 Hidden Beauty
Casio Privia PX-330
I save far better than I play!
[Linked Image]
Re: You can buy a decent piano for the price of a daily coffee
j&j #3003443 07/16/20 06:11 PM
Joined: Feb 2018
Posts: 810
G
500 Post Club Member
Offline
500 Post Club Member
G
Joined: Feb 2018
Posts: 810
Originally Posted by j&j
With a small capital investment, we can roast, grind, and brew very gourmet coffee or select the finest imported teas to steep at home for far less than Starbucks. Which means great coffee or tea while still having the ability to afford a piano.

Exactly so. Yet, just like pianos, as an interest develops you may end up increasing the budget way beyond anything that you would have previously considered reasonable.

Roasting and blending your own coffee may not prove as cheap as you think, but it can be incomparably better than anything you get from Starbucks or any commercial source. If only my piano playing was half as good as my coffee ….

Last edited by gwing; 07/16/20 06:12 PM.
Re: You can buy a decent piano for the price of a daily coffee
WeakLeftHand #3003445 07/16/20 06:14 PM
Joined: Jul 2020
Posts: 151
O
Full Member
Offline
Full Member
O
Joined: Jul 2020
Posts: 151
Originally Posted by WeakLeftHand
I got bored and a bit curious today about the cost of a decent piano, so I did some calculations...

I’m going to assume that a decent new upright (say, Kawai K-300 or Yamaha U1) costs in my neck of the woods about CAD$10k. If you keep it for a mere 10 years, it will only cost you less than a cup of Starbucks coffee per day. And we all know that new pianos can last many, many more years than that. If you think of all those years you will have use of such a wonderful instrument, that’s a really good deal!

Haha I just found that interesting info for a slow afternoon/early evening. wink

Moral of the story? Give up that morning coffee and buy yourself a piano!




I buy 2 grand starbucks daily sometimes more but I don't have a piano. What gives?


Yamaha P-515
In the market for an acoustic grand.
Re: You can buy a decent piano for the price of a daily coffee
WeakLeftHand #3003461 07/16/20 06:59 PM
Joined: Dec 2019
Posts: 10
S
Junior Member
Offline
Junior Member
S
Joined: Dec 2019
Posts: 10
We didn't use coffee as the yardstick when we bought ours. But I was pretty amazed at how low the cost of a piano is when calculated over even a 10 year life. It made it pretty easy to justify our purchase.

Re: You can buy a decent piano for the price of a daily coffee
WeakLeftHand #3003481 07/16/20 08:10 PM
Joined: Apr 2018
Posts: 234
H
Full Member
Online Content
Full Member
H
Joined: Apr 2018
Posts: 234
IIRC new piano retail price increases about 2% - 3% every year. You won’t lose much 10 years after you bought the piano. It might worth more than you keep those money as cash.

Re: You can buy a decent piano for the price of a daily coffee
pianoloverus #3003548 07/17/20 03:21 AM
Joined: May 2001
Posts: 12,114
Platinum Subscriber
Yikes! 10000 Post Club Member
Offline
Platinum Subscriber
Yikes! 10000 Post Club Member
Joined: May 2001
Posts: 12,114
Originally Posted by pianoloverus
Somehow, I don't think any piano dealers are going to use this in their advertising.

True enough.

But a general comment of "Believe it or not, many people spend more on their morning coffee than you would on this piano" could turn a head. Then show them financing figures. At 9% over 10 years the monthly payment on 10K would be $126.00 - ish, or $4.20 per day.

It is really all about perspective. We already spend lots of money on things we really don't need. For me, until a few years ago, I still received a daily and Sunday newspaper. I rarely read them. It was just habit. I stopped the delivery and I do not miss it.

Why not give up a convenience we wouldn't miss to help afford something that we would really love?

Please email your new piano orders to my address below. Just let me know what you are giving up. laugh smile


Rich Galassini
Cunningham Piano Co.
Philadelphia, King of Prussia, and Cherry Hill, NJ
(215) 991-0834 direct line
rich@cunninghampiano.com
Visit our Online Store
Page 1 of 2 1 2

Moderated by  Ken Knapp, Piano World 

Link Copied to Clipboard
What's Hot!!
News from the Piano World
Where Did The Buttons Go?!
----------------------
Our April 2020 Newsletter Available Online Now...
The Piano World During the Pandemic!
----------------------
Posting Pictures on the Forums
-------------------
Forums RULES & HELP
-------------------
ADVERTISE on Piano World
(ad)
Best of Piano Buyer
 Best of Piano Buyer
(ad)
Faust Harrison Pianos
Faust Harrison 100+ Steinway pianos
Download Sheet Music
Virtual Sheet Music - Classical Sheet Music Downloads
New Topics - Multiple Forums
Advice for small handed player(9th interval max)
by dcbluepiano - 08/14/20 11:43 PM
Roland FP-30 WAV volume vs keyboard volume
by Richard Bruer - 08/14/20 10:57 PM
Yamaha Sound Decay
by Lonnie Bear - 08/14/20 07:44 PM
Experiences with Roland RD-88 (or Yamaha CP88)?
by Karnevil - 08/14/20 07:35 PM
Lord Vinheterio?
by JeanieA - 08/14/20 07:11 PM
Forum Statistics
Forums41
Topics200,932
Posts2,991,969
Members98,150
Most Online15,252
Mar 21st, 2010
Please Support Our Advertisers


Faust Harrison 100+ Steinways

Dampp Chaser Piano Life Saver

 Best of Piano Buyer

PianoTeq Bechstein
Visit our online store for gifts for music lovers

Virtual Sheet Music - Classical Sheet Music Downloads



 
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 - 2020 Piano World ® all rights reserved
No part of this site may be reproduced without prior written permission
Powered by UBB.threads™ PHP Forum Software 7.7.4