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Advice regarding a 2nd-Hand Peavey Foundation Bass vintage USA 1987 for sale

Discussion in 'Basses [BG]' started by Ryan the Lion, Feb 23, 2021 at 9:13 AM.

  1. Yes

    33 vote(s)
  2. No

    10 vote(s)
  1. Dr. Cheese

    Dr. Cheese Gold Supporting Member

    Mar 3, 2004
    Metro St. Louis
    Rotosounds should be fine.
    Ryan the Lion likes this.
  2. Ryan the Lion

    Ryan the Lion

    So, I have a reply from the seller!

    Hi Ryan, thanks for the message! To answer your questions: by a small margin is the price negotiable but I cannot really go too far down, The bass is worth more than the price I mentioned Testing is of course possible! When and where exactly we would then have to meet up. It would go e.g. tomorrow between 12 and 14:00 o'clock or on Friday from 11 to approx. 16 o'clock. Many regards, Felix Today 19:05

    Seems like he wouldn't budge much. I'm now not sure about this one; given by what has been said here, I think he is over-valuing the worth of it.

    Something is only valuable if and/or there's a demand/market...
    Last edited: Feb 23, 2021 at 12:18 PM
  3. Dr. Cheese

    Dr. Cheese Gold Supporting Member

    Mar 3, 2004
    Metro St. Louis
    Look for fret wear because refretting is expensive.
    ajkula66 and Ryan the Lion like this.
  4. furym


    Aug 31, 2014
    Carthage, NC
    USA Peaveys are great basses and will hold their own against any other “standard” bass. Lefty is worth a premium and prices have gone up both in general and on Peavey’s in particular. If everything functions as it should then it is certainly worth it. Things to check as a beginner: Plug it in and make sure it “sounds” right and all knobs adjust “something” (details can be worked out later). Play each string in each fret all the way up the neck and make sure the note rings out (doesn’t fret out on the neck and mute itself). Make sure the action isn’t TOO high. A little high can be adjusted but too high might be trying to make a bent neck less apparent. If I were a lefty i would jump on that. It will last you a lifetime and from pics seems to be in good shape.
  5. Negotiate the price down 10-20%. Then you are approaching a good deal.
    mikewalker, Timmy Liam and Dr. Cheese like this.
  6. bigtone23


    Dec 10, 2014
    Denver, CO
    The Super Ferrite Foundation is the coolest "Jazz Bass" out there. I love mine (and my DynaBasses and Patriot which also have Super Ferrites). This era of Peavey basses are among the best values out there. If it has no issues, I would easily compare this to any $1000 USA Fender. The parts used and the build quality is great. I quit buying Fenders when I came around to Peaveys made from 1983-1991. The Super Ferrite can have an aggressive tone or can be dialed back to sweetness. It's easily my favorite bass pickup.

    Technically, this is a Foundation Custom--the matching headstock and rosewood fingerboard were upgrades. It also has the Schaller tuners, nice! The price is a bit steep, but it is a left hand 80s era Peavey in Europe... The going price for a lefty Foundation in really good shape with a case is about $300-400 here in the states. The word is out and the days of $100 Peaveys are pretty much gone. This one seems to have either been well taken care of or not played much.

    The things to check on these Peaveys:
    --The truss rod--it's a 5/16" hex driver, just like what Gibson uses. All my Peaveys use the Gibson wrench, and it conveniently has the philips screwdriver on it to remove the truss rod cover. Just make sure the truss rod turns freely, not stiff feeling and has enough play to put back bow into the neck. If the bass is properly set up upon arrival with a straight neck, there is a good chance the truss rod is OK, but you still need to check it. A slightly warped neck can be fixed, a broken truss rod is not worth the repair expense on this particular bass. In my experiences, more than 80% of these are OK.
    --The 'ski jump' at the heel joint. Overuse of the 1/8" hex screw (to adjust the neck tilt) is to blame for the ski jump, if present. I don't like to use this screw for more than 1mm of protrusion or so, any more than that and it puts stress on the neck and causes this ski jump issue. This is also something that I find OK in over 60-70% of Peaveys.
    --The saddles use a 1/16" hex wrench. Just look and see that they are turning freely and not rusted. The screws on the low E and sometimes the A are usually the ones that may be frozen from rust. The bass looks pretty clean and rust free.
    You might ask the seller if he has the wrenches before you check it out. If not, get them before you go. A small investment in wrenches to check out the bass can avoid a potential big repair bill later. I'm not sure how easy it is to get ahold of SAE wrenches in Germany, but make sure you have them. Get the proper SAE wrenches and not metric equivalents. A 8mm wrench can strip out the brass truss nut and the 1.5 and 3mm wrenches are too small for the saddles and neck tilt and can spin and strip those nuts, too.
    It would also be a good idea to bring someone you trust to check these things since you are not comfortable doing it.
  7. capnjim


    Mar 13, 2008
    Its a decent bass. They do have very skinny necks so you should take that into consideration.
    It is way too expensive. As a beginner, you should maybe look into Fender Squiers. Excellent basses for the money. You could probably even get something shipped with that budget. As a beginner, its not so important to try it first.
    Look into the classifieds here. Great people to deal with and I do believe there are many european members.
    Good luck!
    Ryan the Lion likes this.
  8. ajkula66


    Sep 23, 2016
    Correct. However, options for left handed players are far and few between...and the seller knows that. So it's a "catch 22" situation.

    Do you pass on a somewhat over-priced but fairly unique bass given the environment or do you go for a run-of-the-mill instrument that might end up not being to your liking ?

    This, of course, makes sense only if you like the bass...so try it, and haggle for it if you end up liking it.

    Excellent info from @bigtone23 in the post above mine.

    Good luck.
  9. Pocket Truss Rod Wrenches | stewmac.com

    ^This is the thing. It can be hard to find a generic socket that will fit into the slot. I haven't been able to find one for my Patriot, so I'm going to have to bite the bullet and buy one.

    You'll just want to make sure it turns relatively easily in both directions. Don't give it a heavy turn in either direction, and you should loosen the strings before turning it.

    Edit: looks like I'm late to the game
  10. bigtone23


    Dec 10, 2014
    Denver, CO
  11. This really should be asked of a local group - USA folks do not know your market conditions.
    Timmy Liam and kodiakblair like this.
  12. Trailertrash74

    Trailertrash74 Supporting Member

    Sep 9, 2020
    Florence AL
    One of my favorite basses! I've had mine for years (paid $125 with case). In the US, Foundations are running in the $400 - $500 range and as most everyone has stated, a lefty is hardly ever seen. If you can get it for 350 euros, that wouldn't be too bad. Used instruments have increase in price this past year and I don't see them returning to the prices we were accustomed to.....Good luck on your purchase!
  13. jpmcbride

    jpmcbride Supporting Member

    Aug 31, 2009
    Phoenix, AZ
    I've sold two USA foundations in the last month, both in good condition, in the 300 to 400 USD range.

    But this is a lefty, in great condition, with matching headstock, and is in Europe. It's not surprising it will sell for more.

    You will not find a more versatile bass anywhere. With two super ferrite pups you can get anything from thump to growl. And the neck is super thin and fast.

    I agree with other posters - if you're buying it for investment, then pass. If you're buying it because you love it, then ok.

    But, I would negotiate with the seller. Go to reverb.com and find recent listings for foundations. Use that to negotiate.
    BassToGoGo likes this.
  14. Ryan the Lion

    Ryan the Lion

    Thanks, everyone!
    I got another reply from the seller:
    Hi Ryan, I'm sure I have the necessary Allen wrenches somewhere. The bass is set up well, with proper neck curvature, good action and octave clean. The tension rod works. You are welcome to look at it and play it, but I don't want you to mess with the bass. I think you understand that. Price-wise I would be at € 550,- I don't want to go much further down. Many greetings, Felix

    I'll take a little time to think about it and I'll definitely check out Reverb to see what I can find there.

    On the whole, Germans don't like negotiation (try buying a second hand car!). To be fair, they do maintain things really well.
    BassToGoGo likes this.
  15. blacktocomm


    Feb 19, 2013
    The mountains
    US Peaveys are great instruments. The Foundation is no exception. If you try it and like it, shoot them an offer that’s 10-15% lower than asking price and see if they bite.
    I would imagine that the bass will only continue to go up in value over time. Peaveys will never command Fender money, but more and more people are becoming aware of what awesome basses they are. The prices on both my T40 and T20 have doubled in the 7-8 years I’ve owned them.
    ajkula66 likes this.
  16. Great, trouble is Peavey from those days used hex nuts not allen bolts.

    Straight away the seller is highlighting his ignorance with regards to the bass.

    Have look at Thomann in Germany. Most will have free shipping, all have 3 years warranty, all have a 30 days return should you change your mind.

  17. Hello @Ryan the Lion welcome to TB. Congratulations on that amazing find a leftly Foundation in gloss black in clean condition is sweet. The Super Ferrite pickups have a high output and tone for days with quality materials and workmanship throughout. In short you have found a solid instrument that will last as long as you need it to and sound fantastic.

    I will admit that to US in the states the pricing may seem high but pay that no mind because 1 you are in EU and even bigger 2 it is a Lefty And even bigger that is an old bass. Everyone of US has tales of cheap basses but those daze are long past I'm afraid. Perhaps @kodiakblair will come along and opine.
    Ryan the Lion likes this.
  18. Already have. I think it's over-priced :thumbsup:
  19. Ryan the Lion

    Ryan the Lion

    Hi bassbrad and thanks for the welcome. The guy will let me know if he's available at the weekend.
    I've asked my friend to ask his professional bassist friend if he can accompany me since, despite being right-handed, he'll know a whole lot more than me.

    Thanks everyone for all of your replies thus far. Of course, I'll be still welcoming replies and opinions :)
    Last edited: Feb 23, 2021 at 2:43 PM
    smogg and Timmy Liam like this.
  20. SpazzTheBassist


    Jun 20, 2006
    Back in the 80s we called these "The Poor Man's Fender Jazz".....they are excellent basses with necks even thinner than a Jazz bass...If you like small necks, you will love these

    Never seen a Lefty - thats awesome

    About 5 years ago, you could find these for about 250-350 US but all Vintage Peaveys have been steadily going up in price in the past 2-3 years (especially in the past year alone!) so I dont know what the going rate is these days
    Ryan the Lion likes this.
  21. Primary

    Primary TB Assistant

    Here are some related products that TB members are talking about. Clicking on a product will take you to TB’s partner, Primary, where you can find links to TB discussions about these products.

    Feb 28, 2021

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