Looking at a Lowrey MX-2 in the local organ store. They're asking $7999. Anyone know if this a fair price. It is in great shape and the cabinet is almost flawless. Everything seems to be working well. I know they went for around $50,000 new. Not sure if this one is the model built in 1991 or one built in the 1992-1994 series.
Thanks
It may not be relevant, but here is my advice. EBay. Dealers do sell MX-2's for that price and more. They, of course, give you a warranty, delivery and probably some free lessons. I had an MX2 that I had purchased new in 1992. At that time, the retail list was $43,500. As I remember, I paid $12,000 plus a Lowrey Parade that I had bought new from that dealer for about $6,000 a couple years earlier.
This past summer, I saw a Lowrey Royale on Ebay. I went to a Baltimore area dealer to see a Royale and understand the current produt line. That dealer said the Royale was $73,500, and my MX2 was worth $9,800. I didn't ask for a trade price but I suspect if I had offerred about $40,000, they would have sold it to me.
I bought the Royale on Ebay for a fraction of what the dealer said it sold for, and put my MX2 on Ebay for sale. I thought I would get about $2,500 for it. The dealer who handled the shipping of the new organ oferred me $1,900 for the MX2. I thought I would get more on EBay, and had a bid of $1,950. But, the bidder backed out on me. When I relisted the MX2 it sold for $1,500. The buyer picked it up. There have been several MX2 recently selling for between $1,500 and $1,800.
So, depending on where you live and what happens to be on EBAY, you can buy for much less that $8,000. But, you don't get a warranty, and shipping is extra. Also, no free lessons. But, dealers offer very reasonable lessons, hoping to interest you in something in their practice room or show room.
It may not be relevant, but here is my advice. EBay. Dealers do sell MX-2's for that price and more. They, of course, give you a warranty, delivery and probably some free lessons. I had an MX2 that I had purchased new in 1992. At that time, the retail list was $43,500. As I remember, I paid $12,000 plus a Lowrey Parade that I had bought new from that dealer for about $6,000 a couple years earlier.
This past summer, I saw a Lowrey Royale on Ebay. I went to a Baltimore area dealer to see a Royale and understand the current produt line. That dealer said the Royale was $73,500, and my MX2 was worth $9,800. I didn't ask for a trade price but I suspect if I had offerred about $40,000, they would have sold it to me.
I bought the Royale on Ebay for a fraction of what the dealer said it sold for, and put my MX2 on Ebay for sale. I thought I would get about $2,500 for it. The dealer who handled the shipping of the new organ offerred me $1,900 for the MX2. I thought I would get more on EBay, and had a bid of $1,950. But, the bidder backed out on me. When I relisted the MX2 it sold for $1,500. The buyer picked it up. There have been several MX2 recently selling for between $1,500 and $1,800.
So, depending on where you live and what happens to be on EBAY, you can buy for much less that $8,000. But, you don't get a warranty, and shipping is extra. Also, no free lessons. But, dealers offer very reasonable lessons, hoping to interest you in something in their practice room or show room.
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