Stage Pianos

[SumOne]

I've been doing some nerding on Nord Electro 73 prices new vs second hand:

 

• V1, 2001, ? Now £600
• V2, 2006 £1,400. Now £900
• V3, 2008 £1,500. Now £1,000
• V4,2012 £1,600. Now £1,300
• V5 2015 £1,700. Now £1,400
• V6 2018 £1,900. Now £1,600

 

It doesn't seem to make a whole lot of financial difference to buy new or second hand if you plan on owning for 10 years then selling as they start to de-value more once they are a few versions old. If fact, buying new is perhaps financially better in some ways. e.g.

• a 13 year old V4 today = £1,300, in 10 years it'll be worth roughly £700 (if it is ballpark equivilant to a 23 year old V1 price today), so that'll cost £600 for 10 years use.
• V7 is quite overdue, if history is any guide then it'll be about £2,200 and would be worth roughly £1,700 10 years later, so that'll cost £500 for 10 years of use.

 

A selling point of the Nord is how well known they are and how well they hold their value. I think the Viscount Legend One 73 is still my favorite though (and is a bit cheaper at £1,555), but I imagine that if I went to sell it after 10 years there would be a much smaller market and probably more devaluation than a Nord. But in an ideal world I'll still be happy with whatever I get and it'll last me longer than that. 

Edited 52 minutes ago by SumOne