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How bout we agree to agree... That yours wasnt a keeper. I completely understand that. both of mine were made for one of the wood suppliers that jimmy uses. Whatever he did to those two, that were made from the same batch of wood.. he did it right.. but i have played others that were average. But you are right.. at that price point i dont understand the imperfections etc etc..
I think the U.S built G & L are questionable. They are great basses but they seem to lose their resale value more the MIA Fenders and Musicman basses. I don't know why. They are every bit as good as the other basses and I.M.H.O.ion offer more bang for the buck. You can routinely find them for much less then the Fenders and Music Man basses.
Alembic basses have appreciated very well.
...nor will it ever change.
Buying Used is always the best idea.
...but you are guaranteed your money back.
I saw a Peavey of some sort in a local shop the other day. It was new, and cheap, around $330. It had what sure looked like a PHOTO of a quilted top stuck on the top of the bass underneath the clear coat, if that makes any sense. It was really, really cheap looking. I know it wasn't a Cirrus, but if Peavey is cranking out that stuff... they don't appear worried about reputation.
Rickenbacker will always hold its value since its production hasn't changed ever... nor will it ever change. If you are looking for something more traditional like a Jazz or P bass, then grab a 1975-1978 Player (Bass that has some cosmetic wear but is ALL ORIGINAL) because they right now cost about $1k-$2k and you will be guaranteed you're money back within 5-10 years so long as you don't break the bass.
Buying Used is always the best idea. Don't buy any new Gibson's as they are junk and will be worth nothing in the next 5-10 years (In 2006 Gibson started Chambering their guitars... because of this, they are now going to be worth nothing and any unchambered gibson is going to skyrocket in price within 20 years or so) New Fenders are meh... Custom Shop Fenders you will always get your money back, but they are qite expensive. Best Bet is the 1970's Fender or a Rickenbacker. Both will be right in the $1k-$2k but you are guaranteed your money back.
I have to disagree with you on this. Alembic generally has terrible resale.
It never hurt Fender's reputation to use photo flame.
I meant early Alembic basses, from the beginning to early 80's. You used to be able to pick them up for around $1k, now they've appreciated exponentially.
I looked at the price list of current Alembic basses, and you're correct. I find it hard to believe anyone would buy a new one, and you definitely would not be able to sell it for anywhere close to purchase price.
1k in 1980 would be equivalent to just under 4k now with inflation. I don't know the going rate for an early Alembic but when you take inflation into account it's probably not a spectacular return as an investment.
I'm not talking $1k in 1980. You could pick them up for $1k easily in 2003. They're going for $4-5k now.