> Pros and Cons about leasing used pianos. > I have had a numbe of Steinway grands out on long term leases that have been a great business. I charge $ 150 + tax per month, 6 month minimum paid on delivery. Maintenance is my expense, tuning is theirs. Most of these pianos have been out, in the same place, for years. One of them is a Steinway XO, which I bought for $1,000 in 1983. I reblocked, restrung, and put in a new action. It has been in a recording studio since 1984, at an average rental price of $ 122. That makes over $33,000 worth of rent, and the piano is now worth about $ 18,000. I depreciated it, also. Renting can make sense, it is one way to make money while you sleep! Regards, Ed Foote RPT ************************************** Get a sneak peek of the all-new AOL at http://discover.aol.com/memed/aolcom30tour -------------- next part -------------- An HTML attachment was scrubbed... URL: https://www.moypiano.com/ptg/pianotech.php/attachments/20070801/5d44bc31/attachment.html
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