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Anyone here think instruments are about to get real cheap?

I do not relish the idea of taking advantage of another's misfortune.
Depends on the misfortune..... folks have been doing it to me for decades, and there are those I'd be quite happy doing it to in return.

Might actually clear my conscience to finally retaliate a bit.

I know I know, I probably won't. But it sounds a little tempting... ;-)
 
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I think people are already selling off non essential items.

This guy is a DJ at a roller rink and was told they are closed today, until further notice.

Do I want his new Kiesel w/HSC for $900 and he will even bring it up to me?

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The reason I ask is that I have GAS. I think the economy is about to TANK. Anyone holding out on buying a bass?
As far as new, no. In the last 30 years stuff has never been made nor priced lower than ever before, courtesy of modern CNC cutting machinery and low wages in 3rd world countries.
Ibanez, ESX and a lot of off name basses are less than a hundred bucks but play really well for the money

Ive recently picked up decent P-bass copies for 40-50 bucks. a tweak, and a new set of strings, and off it goes to a kid who cant even afford that...
 
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This is the real issue - gig evaporation. I'm glad I no longer gig for a living, as this is going to be ugly. Broadway closure - what's the deal on the sidelined pit musicians? I'm really anticipating pain for the folks whose income is rooted in wedding work - April through July is the height of that season, but who knows where this goes...and those folks generally are freelancers, so there ain't no safety net. Bar musicians? Touring acts, at all levels? All f****d.
Unfortunately I predict something like this as well. Had 2 gigs cancelled this week. I fear for the others on my calendar. What can we do? Stay healthy then pick upwhere you left off when (and if) this corona thing subsides.
 
Probably only used gear sold by individuals. If it gets bad enough that people need to feed their families.

New gear from manufactures / big stores will probably have some discount sales to lure potential buyers as business slows.. same as it ever was, only now, more people shop online... so I guess its hard to predict.
This, exactly. I think online sales probably go up short term as people redirect entertainment money and have more spare time, then long term instruments get cheaper as the global economy tanks. I can see a lot of forced sales of used equipment at fire sale prices though, which is sad.
 
Here in Switzerland, it would be nice if the second hand market had to suffer from this crisis in progress. People here tend to sell their stuff even with bigger price than new, always called "collector" or "new cause I get it, doesnt like it, too lazy to return it, want all my money back", the second hand market is useless here. For example, here, you can have a "brand new/but crudely re-finnished without removing part/one pickup missing Steinberger Spirit GT-pro still under waranty" second hand guitar for the crazy price of 380 francs (wich translate rughly into 380 USD). You can have the same, from the shop, for 361 francs...but it will not be this rare version! :)