![]() So, what makes Steinway pianos so great? The materials that go into them, and the string tension are two major points. Steinway pianos are used heavily in orchestras & touring performers. This is a major investment that pianists earn after years of work. Steinway & Sons Piano Overviewīuying a Steinway piano can be similar to buying a house for some. If authentic parts are used, the pianos don’t lose value near as much. Note: Always ask for written confirmation and verification that the parts used were authentic Steinway parts. It’s important that you always are aware of how the piano was restored. If the piano was restored by using parts that are not authentic Steinway parts, then the value drops pretty dramatically. There are a few things that are incredibly important when buying a used Steinway. Used Steinways prices are heavily influenced by the condition of them. Steinway Upright Pianos Used Steinway Piano Prices With this being said, Steinway uprights are fantastic pianos. You will notice the price points are drastically different. Steinway Grand Piano Pricing Chart Steinway Upright Piano Pricesīelow are the prices for upright pianos. So, how much does a Steinway piano cost? Grand Pianos I have supplied the data for the entry-level pricing for each model, as well as the higher-end prices. While I will be presenting the average costs of new Steinway pianos with tables below, I also want to present you with used prices as well, just so you can get an idea overall.īelow is a table that breaks down the average price of a new Steinway & Sons Grand piano. The depreciation varies for pianos because of a few different factors which mainly relate to the condition of the piano & the overall piano market. We will get into a full breakdown of all Steinway piano prices below, but you can see from above, they can greatly vary.Īnother thing to consider is that Steinway used pianos typically cost between 45% & 75% of their original MSRP value. In short, when averaging out the 9 most popular Steinway models made in New York, we come to the average price of $75,777. Their most popular concert grand piano costs roughly $171,000. This is the least expensive model for a brand new piano that Steinway offers. The Steinway model 4510, which is an upright piano, costs about $35,000. *These numbers below reflect the starting points for each model. If you have ever searched for the pricing on Steinways, you will know it can be difficult as there some factors determining the price. So, how much does a Steinway piano cost on average? Steinway pianos are some of the most sought after pianos that money can buy. ![]()
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