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40%! (Stop dreaming)- Reverb

Somebody better tell the guys at the TB classifieds, too... Last I checked, used (mint) jazz basses there sell at $900-1100, which is less than 40% off... we're doing it all wrong...

Tell me about it! :roflmao:

I often peruse the Classifieds just for a laugh. Although I would consider picking up a Ric for fun, I've seen a number of them that were waaaay overpriced. So much so that I wouldn't even consider making an offer because the seller probably wouldn't take me seriously. Why bother with that? :smug: Almost want to say, "umm, dude, I can buy one new for like $500 less that you're asking"... But they probably wouldn't understand that either.
 
A lot of people think that the buyer should set the price, that they are owed that somehow. The person that owns the item can set whatever terms they wish to sell their property. If the buyer does not like the terms they can offer alternate terms or move on. Do the people crying about 40% offer an additional 40% off when they sell the bass later?
 
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I'd ask a premium over a new one as it's 'vintage', 'classic', 'they don't make 'em like this anymore', 'has mojo', etc.

No argument there;). I don't get the impression that any of us are talking about actual vintage basses. I wasn't at least. I believe it's accepted that some basses increase in value, as incredulous as that sometimes is.

In my example, the basses I was vaguely referencing were no more than 10 years old. Well into the modern - there's no difference between those listings and "new". IMO, at least.
 
If this was the price of bread or rent or some other necessity I could see someone complaining, but this is a bass guitar. The market can be free for stuff like this, no one is suffering in this instance like they would from unaffordable food prices.

The buyer and seller have to agree on the price. It's ultimately the seller's property and they can set the price wherever they want, they just might not find a buyer. That's their problem, not ours. If a potential buyer wants it that badly they can either pay up or attempt to negotiate the price down.

This kind of thing gets fixed normally. After awhile the seller will start lowering the price when they realize they aren't selling it. It might take a year but it happens. Or, someone will spot an opportunity and offer the same bass for less money. They'll get the business the unrealistic seller won't.

At any rate, as far as I know there isn't really any price fixing of bass guitars going on so I think the invisible hand of the market will actually work in this case.
 
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Hummm, I own a retail business, and for most popular or in demand items we always ask the "stupid" price on the hang tag.

That is where the haggle starts, unless someone really just wants what you have to sell and pays list, and it does happen, so asking almost the full-new retail price is actually not a bad way to go, as a seller can only negotiate down in most cases.

In any case, it is nothing to get in a froth about, since as a buyer you can simply move on if you don't like the price.
 
Look Reverb sellers--- I don't care how "Minty" your Fender jazz bass may be, if it is used, your list price had better be 40% off what a new Jazz bass costs. Period.

$1295 for a 3 year old jazz bass?? It's only $1349 new! (and that has pay-it off now or never financing.)

Stop dreaming.


I typically sell Fenders for 70-80% of new and have no issues finding buyers.
 
Look Reverb sellers--- I don't care how "Minty" your Fender jazz bass may be, if it is used, your list price had better be 40% off what a new Jazz bass costs. Period.

$1295 for a 3 year old jazz bass?? It's only $1349 new! (and that has pay-it off now or never financing.)

Stop dreaming.

Is tax and shipping included in that 1295?
 
Look Reverb sellers--- I don't care how "Minty" your Fender jazz bass may be, if it is used, your list price had better be 40% off what a new Jazz bass costs. Period.

$1295 for a 3 year old jazz bass?? It's only $1349 new! (and that has pay-it off now or never financing.)

Stop dreaming.
This piece of junk probably sold for 200.00 new I probably paid like 900% more for it when I bought it... 1219151716-1.jpg
 
Look Reverb sellers--- I don't care how "Minty" your Fender jazz bass may be, if it is used, your list price had better be 40% off what a new Jazz bass costs. Period.

$1295 for a 3 year old jazz bass?? It's only $1349 new! (and that has pay-it off now or never financing.)

Stop dreaming.


Who are you to tell other people what they are allowed to dream?

Also I missed the part about why this is in any way an inconvenience to you. No one is forcing you to buy. Just move on to the next listing and forget about why other people price things the way they do. Obviously there's a reason or they wouldn't do it.
 
List price = opening bid from seller in a negotiation.

Low Ball offer = opening bid from the buyer.

Selling price = agreement on what it's worth between buyer and seller.

Can't say I agree with this. When I sell, I try to list it around what I want for it, what I think it's worth. I don't jack up the price as a 'starting offer' I may drop the price a tad, but if someone sends me a lowball then I'm inclined to outright ignore them. On the flip side, if I'm buying and something is listed for an absurd price, I assume the seller is unreasonable at least and possibly cuckoo for Cocoa Puffs and move on.

And I agree somewhat with the OP. Things on reverb seem to be listed for waaayyy more than they're worth. Used American pbass for $1350 when they list for $850 to $900 on here.

There are some deals on there tho. Not all their sellers are out of their minds.
 
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Reverb and gbase are all sellers who don't actually sell stuff. They have music stores that are going bankrupt because they think it's still 1975 and 30 points profit margin is standard. They are idiots. That's why I see the same stuff on there week in and out without moving, they don't know how to price stuff. Lower margins just sell more stuff and you make up the margin in quantity.

eBay and craigslist are where the deals are because people price it to sell and do sell them. Stuff actually moves there.