Rebuilding vs. Buying

[Farrell]

This is a multi-part message in MIME format.

---------------------- multipart/alternative attachment
Joe,

I agree with you that most folks having a piano rebuilt have no =
intension of selling it. But I think the point Don was trying to make =
regarding the "cost of the rebuild exceeds fair market value for the =
instrument" is that rather than rebuilding that old Henry F Miller for =
$30,000, they might wish to consider purchasing a new Charles Walter for =
$25,000. In this case the Miller might only have a $20,000 value after =
rebuilding (because it doesn't say S&S or M&H on the fallboard). They =
may want to consider these factors even if they have no intention of =
selling a newly rebuilt piano.

Terry Farrell
  ----- Original Message -----=20
  From: Joe Garrett=20
  To: pianotech=20
  Sent: Tuesday, October 26, 2004 6:16 PM
  Subject: Re: Rebuilding vs. Buying


  Don Rose said: "When the cost of the rebuild exceeds fair market value =
for the instrument,
  unless there is sentimental value."

  Don,
  I have found that this just does not apply, as most people who have a =
piano Rebuilt, have no intention of reselling it. The only time this =
would apply, IMO, is in an Estate situation. And, the rebuilder would be =
remiss to not advise the client of Musical Value vs. Market Value, =
IMHO.<G>
  The "sentimental value" was what I was alluding to, in my previous =
post, on this subject.


  Joe Garrett, R.P.T.
  Captain, Tool Police
  Squares R I
---------------------- multipart/alternative attachment
An HTML attachment was scrubbed...
URL: https://www.moypiano.com/ptg/pianotech.php/attachments/ae/52/0a/b2/attachment.htm

---------------------- multipart/alternative attachment--