We Buy Used Steinway, Bosendorfer, Fazioli & Yamaha pianos & Hammond B3 Organs, we can rebuild and restore your piano & we can advertise and market your piano !

Financing

The piano stands as collateral for the financing. We use several national piano financing companies and rates have come down quite a bit over the past year. Generally they will be between 9-12% depending on the amount, the piano, and credit of the applicant. Not as good as your local credit union or bank but better than many credit card fixed rates. They normally require 10-20% down and go out as far as 72 or more months.

The financing process can be done with email, phone, fax, and overnight mail. It usually takes about 3-5 days to process: there is a nominal processing fee only if the financing is approved and processed

Generally customers can get better rates at their local bank but not better terms. However, many banks do not want to use the piano as collateral; they usually do a signature loan or require some other form of collateral. We only arrange financing on pianos we sell.


Presented by Mobley's, Inc. Copyright © 2010. (Page Last Updated November 1, 2010)