Personally I learned early on that your position on loaning out your instruments needs to be about the same as loaning out your wife.
MY policy is never to loan out instruments...ever. Sad experience with people who were supposed to be knowledgeable skilled musicians and also friends of mine proved the error of trusting musicians to do or be what they say. And that ALSO goes for my modded SX basses. I've encountered so many folks who will treat their own stuff with care, but as soon as it's owned by someone else it's just so much junk to them to be thrown around and abused.
But I must admit I'm not totally hard-nosed. I commonly let fellow musicians "try" my instruments while I'm standing there observing and they typically return the favor by letting me try their gear. As others have said, it's a common thing at jam sessions where one can easily put a stop to damaging acts before they get out of hand. And you get to learn a few things by trying new things yourself.
But as for loans and especially loans for gigs, the answer is no. I used to loan stuff to people I've known for 10 or 15 years who I would have never doubted, it would still come back abused. Eventually I learned and just made the flat rule of no loans no matter WHO you are. (Probably have to eat these words when one day Vic Wooten needs to borrow a bass for a gig!)
ha! wooten. yea, i suppose if laboreal himself asked I would hesitate but of course i wouldn't wnat to say no. Imagine that--cuz you know he digs & slaps & bangs into them.
reminds me of a cat i knew who had a very expensive ducati but when he rode this guys hayabusa he wheelied it & when he landed i'm not sure what hit but the sparks flew. sucky.
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