Financing a Fine Violin, Financing a Higher Purpose
Six Common Mistakes And Practical Tips to Make Your Dream a Reality
Financing a Fine Violin and realising your higher purpose. After decades of immersion in the world of violins, I've witnessed a remarkable transformation when violinists upgrade to a superior instrument, elevating not only their playing but also their mission. This page is crafted to assist you in making your dream of playing a fine instrument, becoming a cultural ambassador and making a meaningful positive change within your reach, without the shadow of potential financial constraints. Let's have a look at the 6 tips to making financing a fine violin for you possible.
Financing a Fine Violin - Loan Calculator
The loan calculation is for illustration purposes only and may not represent actual loan terms. This calculator is based on a tool operated by SoFi Lending Corp. in cooperation with Engine by MoneyLion. Badiarov Violins doesn't include all market providers or offerings on this page, however note that there are funds offering musician financing at low or zero-interest rates, with successful collaborations by Badiarov Violins. For personalized solutions, schedule a call.
Hypothetical Return on Investment
| Amount invested in an antique instrument (violin, viola or cello, in EUR): | |
| Forecasted annual appreciation rate (8-12 % according to Yahoo Finance) : |
8% |
| Dealer's resale commission fee (18-50% according to various sources): |
18% |
| Tax on dealer's fee If the dealer's fee is, for example, 50%, sales tax may or may not be included. |
| The Approximate Forecasted Outcome | |
| Hypothetical value of your instrument in 25 years: | |
| Insurance premiums paid over the course of 25 years at 1% of the value | |
| Dealer's commission fee: | |
| VAT or Sales Tax on the dealer's commission: | |
| Value hypothetically obtained after deductions: | |
| Monthly retirement income (20 years or 240 months): |
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| Disclaimer: This tool is designed to provide you with only a rough approximation based on a wide range of sources, publications, and feedback from violinists. It does not take into account maintenance, appraisal costs, inflation, or potential bank loan interest, all of which can impact your overall financial outcome. Additionally, low-value antique instruments may not appreciate at a rate anywhere near the rates used for illustration purposes in this tool. Remember, approaching the purchase of a violin with thoughts of its resale potential is akin to entering marriage contemplating divorce. This information is not to be construed as financial advice; exercise prudence in light of market fluctuations, your financial goals and your higher artistic mission. | |
