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1 East Diamond Ave. Ste F Gaithersburg, MD 20877
301.330.2606
Update Regarding Our Trade-In Policy During COVID-19 Crisis

Click Here to See Our Trade-In Policy Extensions

Trading-In Purchased Rentals


Trading-In Toward Similar Quality Instruments

An instrument outfit purchased through the rental program may be traded-in for another rental quality outfit of equal or greater value. The trade-in policy toward rental quality instruments of equal/greater value is as follows:


Time of Ownership

Trade in Value

First 3 Months

  100% 
(Minus any loss in value due to
misuse, damage, repairs)

  Months 4-12

  90%  
(Minus any loss in value due to
misuse, damage, repairs)

  Year 2

  80% 
(Minus any loss in value due to
misuse, damage, repairs)

  Year 3 and Beyond

  70% 
(Minus any loss in value due to
misuse, damage, repairs)











This policy also applies to rental quality instruments/outfits previously purchased using a purchased rental as a trade-in.
Purchased rentals may NOT be traded-in toward a new rental contract.***


Trading-Up In Quality from a Purchased Rental


When trading in an outfit paid-off through rental toward a step-up instrument, the trade-in value will be as follows:
Trade-In Value 70% with a $75 (violin/viola)
or $150 (cello) trade-up fee

(Minus and loss in value due to misuse, damage, repairs)


Trading-In a Student Quality Instrument Purchased Outright

Outfits Not Purchased Through Rental

When trading-in an outfit purchased outright (not through rental or previously purchased using a traded-in rental purchase) toward another student quality instrument or step-up instrument, the trade-in value will be as follows:

Trade-In Value 100% with a $75 (violin/viola)
or $150 (cello) trade-in fee

(Minus any loss in value due to misuse, damage, repairs)


*This policy also applies to instruments paid off within the first three months of rental; those which include the 30% discount for early-payoff.***


Step-Up/Advanced Instrument Outfit Trade-Ins

Step-Up Instruments Not Purchased Through Rental

When trading an advanced instrument and bow (items not purchased through rental) to another handmade instrument/outfit of equal or greater value, the trade-in is as follows:

Trade-In Value 100% for the Instrument & Bow 
(Minus any loss in value due to misuse, damage, repairs)



*Case trade-ins are accepted on a case-by-case instance and trade-in values will be determined according to individual wear/condition. 


Lashof Violins does not assess a flat restoration fee or flat trade-in value to handmade instruments/bows. Each instrument/bow is evaluated individually. Well-maintained instruments/bows will have higher trade-in values than items showing signs of neglect/damage or in need of maintenance. This policy applies toward instruments/bows purchased through Lashof Violins. All trade-ins must be made by original purchaser; trade-ins made by someone other than original purchaser will be evaluated individually. Lashof Violins reserves the right to decline trade-ins of instruments/bows/cases/outfits which are deemed damaged beyond reasonable repair. 

 

COVID 19 POLICY ADJUSTMENTS
In light of our store closures during the COVID-19 crisis, we are making the following adjustments to our normal trade-in policies.

Trade-In Policies

Rental Instruments Purchased/Paid in Full from 3/1/2020-5/31/2020

All customers who have rental contracts which were completed/paid in full (instruments purchased with the promotional 30% discount are excluded) from the dates of March 1, 2020 through May 31, 2020, will have the following option if they wish to get a different instrument:


Trading-In Toward the Purchase of a Similar Quality Instrument

The date of ownership used to determine 100% trade-in dates will be adjusted to reflect June 2, 2020. (Instruments’, bows’, and cases’ conditions will still be evaluated and excess damage will still be deducted from potential trade-in values.)

For example: you paid off/completed payment a violin rental on 4/15/2020. The first three months of ownership would be adjusted to begin on 6/2/2020 and would end on 9/2/2020.