Another Fender price increase?

[LadyLoveStingRay5]

I just noticed the USA Fender Geddy Lee Jazz Bass is now $2049?!?!
When did this happen?

That’s quite a jump from last summer 2020 when I got mine new from Sweetwater for $1400.

 

[Ruknrole]

 

[sloppy_phil]

I just noticed the USA Fender Geddy Lee Jazz Bass is now $2049?!?!
When did this happen?

That’s quite a jump from last summer 2020 when I got mine new from Sweetwater for $1400.

Yikes! You'd think, after a year of record sales and profits, at a time of crushing financial insecurity for a lot of folks, that maybe they *wouldn't* do this kind of thing. But then, I have no doubt they'll keep selling well, so I guess we gotta learn to love what we've already got.

In your case, I think you'll just about make it; we've seen some mighty fine looking basses in your arsenal

 

[steimlem]

been pretty bad for synths too. 1-2 years ago you could pick up a korg monologue new for 200 bucks.. now they're 400! crazy .. seeing volcas for 230 as well now.. nope

 

[nonohmic]

The Jaco has gone from 1799 to 1949 recently too.

No better time to play what you have!

 

[bnt]

Gibson increased their prices a couple of days ago, so this is not surprising to me.

 

[jd56hawk]

Thank you, FMIC...for this, the closest I'll ever get to a Fender bass.

Seriously though, ask anyone who's planning on buying a new Geddy Lee Jazz bass and they'll tell you it's worth $2,049 and more!
(They are including a copy of Geddy Lee's Big Beautiful Book of Bass and a set of pens, right?)

 

[Watchootognbout]

Leo say's...

 

[MonetBass]

You're surprised? Have you been to the grocery store lately?

Inflation. Simple economics. And in order to maintain their preferred profit margins, companies raise their prices. It sucks, but it's reality.

 

[ColdEye]

The tried and true spiel of blaming "COVID" is why its high. At some point something has to give. The signature MIM basses will reach $1500 + tax before years end. I was looking to get a Pro Junior, but for almost $600, hard pass. Used to be you can get those used for 250 around 2019.

 

[jd56hawk]

Gibson increased their prices a couple of days ago, so this is not surprising to me.

I've heard Glarry raised the price on their jazz bass by $10!
I guess I won't be able to afford one now, and I'm kicking myself for not buying one over the summer, but maybe I can find a nice used one.

 

[nonohmic]

You're surprised? Have you been to the grocery store lately?

Inflation. Simple economics. And in order to maintain their preferred profit margins, companies raise their prices. It sucks, but it's reality.

Yep. A year or so ago I was thinking about buying a new truck. No way now...I'll drive mine into the ground before I sign over $49,999 for a new one.

 

[Mastermold]

Yikes! You'd think, after a year of record sales and profits, at a time of crushing financial insecurity for a lot of folks, that maybe they *wouldn't* do this kind of thing. But then, I have no doubt they'll keep selling well, so I guess we gotta learn to love what we've already got.

In your case, I think you'll just about make it; we've seen some mighty fine looking basses in your arsenal

My income is way down from where it was pre-Covid, and with prices soaring on everything from food to gas to utilities, I'm not spending on anything "extra" for the foreseeable future.

 

[matty1039]

I've assumed it is some supply and demand while some of the price increases are due to supply chain increases.

Then take the used market in to account to, but that is a chicken or the egg kind of thing. Are the high prices on the used market reflective of the prices of buying new, or is it the other way around?

 

[Killing Floor]

Here you go.
Have fun with this. Fender guitars and basses have not increased above the rate of US inflation in over 60 years.
Ask yourself the question, Do You Want or Need a Raise?
Inflation Calculator | Find US Dollar's Value from 1913-2021

 

[micguy]

Fender is a business. When things are so nutty they can't keep up with demand, and folks are willing to pay almost anything for any of their products, and their costs are skyrocketing simultaneously (it now costs several times what it did a year ago to ship anything across the ocean), they're gonna see what they can get for their stuff.

 

[Mike Vee]

yep, just noticed a massive price increase. i swear this is the second in 2021 alone

 

[MarMar]

I saw they are charging almost $500 for new Squiers nowadays and I almost had an accident in my pants.

 

[WillyW]

I saw they are charging almost $500 for new Squiers nowadays and I almost had an accident in my pants.

that was no accident....

 

[Grinderman]

Same price as the American Original '60s Jazz; $2,049.

What I think is remarkable is the AO '70s Jazz is now listed for $2,299 or $250 more then the '60s. That makes me suspect the '60s Jazz price will go up soon, too. Fender isn't doing an across the board increase at once, they're doing the increases in stages, for whatever reason.

Global supply chains are in massive disarray now for a variety of reasons and I suspect Fender may also be challenged in maintaining the staffing levels they want or need.