EUP-123E | 48" | Polished Ebony | 6,012 |
Depreciation Schedule for Pianos | |||
Age in Years | Percent of New Value | Age in Years | Percent of New Value |
1 | 85 | 20 | 43 |
2 | 82 | 25 | 34 |
3 | 80 | Verticals only: | |
5 | 74 | 30 | 27 |
8 | 67 | 35 to 70 | 20 |
10 | 62 | Grands only: | |
15 | 52 | 30 to 70 | 30 |
Depreciation schedule courtesy of Stephen H. Brady, RPT, Seattle, Washington. Reprinted from - The Piano Book by Larry Fine. |