Manufacturers Suggested Retail
Prices
"The Manufacturer
Suggested Retail Price"
or the MSRP
represents average
price used by Banks, Financial Institutions,
Insurance Companies, U.S. Courts to determine property value.
Used by the IRS for 'Fair Market Value' for
donations and tax purposes.
In Civil courts for Estate sales and division of property in divorce cases.
In many ways they determine "Loan Value" or legal replacement cost of
a damaged or loss to the instrument. MSRP have been published in music product and consumer guides for many years in "The Ancott Music Product
Directory", "The Piano Book Supplement Series", "The
Bluebook of Pianos", and "The Piano Times
Newspaper".
Naturally, suggested retail and actual selling price will vary depending
on location and circumstance.
Retail pricing is the responsibility of the dealer. No two dealers are
alike, no two markets are alike and starting retail prices are set by
individual dealers .
Just as other big ticket items such as autos, trucks and RVs, dealers can offer
deep discounts, large rebates, low interest loans and cash back factory
rebate participation
and "direct-to-dealer incentives." These
are
short-term offer manufacturers provide to dealers to get them to sell certain
models.
These are the starting prices before discounts.
Discount prices will vary from dealer to dealer with local competitive and
economic conditions.
Naturally, suggested retail and actual selling
price will vary depending on location and circumstance. All prices are dynamic
and subject to change at any time.
XE.com Personal Currency Assistant
Note:
European piano prices vary with the value
of the dollar against the euro.
For
this edition, this is the exchange rate used by most manufacturers.
NEW PIANO
BASE PRICE
COMPARISONS BY SIZE
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