Originally Posted by james condino
Why won't anyone ever just give a solid answer with a number for the price around here?????
Hi James. I can't speak for everyone, but I know the reason that I didn't quote the exact price I paid was because I didn't want to get a bunch of people telling me I got ripped off after it was already too late. But I can see a more specific price would be of use to folks looking to buy similar basses in the future.
And, actually, I have you personally to thank for helping me negotiate the price. I used the Kay Pricing Guide from your website in the email that I crafted to the Craigslist poster before I made him an offer that without explanation he'd consider "lowball."
He was asking $3000 for the bass. Here was my reply:
"I'd definitely like to look at and buy the bass if everything meets expectations on both our parts. *I'm not trying to nickel and dime you but I think you're asking too much for your bass. I'd like to buy it but for the right market rate. Please read the notes I've prepared and see my offer below.
I've been looking for awhile and doing tons of research and here's basically what I've found:
There's a national Kay bass expert who suggests the following "rules" for pricing a Kay bass:
30's Kays get the best prices and they drop 15% for every decade thereafter.
Clean/perfect 30's Kay - like new, hang tags, perfect finish, excellent setup (holy grail) tops out at $3500
Simlar perfect 40's = $3000
perfect 50's - $2500
perfect 60's - $2000
This is best case scenario and most tend to be 25-50% less.
Blonds or natural finish fetch a premium
Here's his website if you want to read more.
Next I spent some time on the Talkbass archives and I found 60's vintage Kays have recently sold for $1300 to an excellent condition one for $2200. I included links to those sales in my email as well.
So I offered him $1800 and he accepted. So thanks James! When I got there to see the bass, I noticed the neck repair which was not obvious in the photos that he posted. So I offered $1600. He still accepted. I felt good about he "upgraded" ebony board so I felt that the bass was still good and solid to buy. I think he was looking/expecting the $1800 and so for $1800 he offered to include a Moradian padded gig bag and a stand. Also, the pickup was included.
I agreed to all of the above and after looking up the prices I think the Moradian gig bag sells new for about $300, the stand is $60 new and the pickup could be as much as $300.
So, I paid $1800 for all of the above - bass, bag, stand, pickup. And the reason I felt that I could go in strong with a low offer was because of all of the information provided on this website. I'd say it's well worth the $25 to join.
Thanks again James and for all the feedback about the bass.