*Note* I lost all of the photos of the Foundation and T-45 when my old HDD died, so all I have as proof are the photos of my T-40, and a video of the Foundation *Note* Let me start out with that the Peavey T-40 has always been my dream bass, what with all the tonal options giving the possibility to sound like anything and the fact it was one of the most under rated USA made instruments ever. I searched far and wide at pawn shops and CL for a T-40 for about 6 months before I got mine, and I got close on one but the dude flaked out. I saw an ad for a mystery Peavey bass (not working) with a case AND a Martin travel acoustic guitar on CL for $27. I had nothing better to do so I trekked out in the rain to check it out, and I bought it upon seeing it was a Peavey Foundation in great condition, besides the fact the neck was bad. I repaired the neck by clamping it down and then adjusting the truss rod slowly, and then cut a new nut, and finally fixed the action. I put the Foundation up on CL for trade for a T-40 and some dude offered a T-45. Now the T-45 is slightly rarer and worth like $50 more so after checking out the bass I accepted. Shortly after I put the T-45 up on CL for trade for a T-40. Within a week a T-40 popped up and I immediately forwarded my T-45 ad, and the guy within 5 minutes excepted and we met within the hour and I got my precious T-40! SUMMARY Now I paid $27 for the original Foundation and Martin acoustic, BUT I repaired the acoustic and sold it to a friend for $20, so in essence I paid the equivalent of $7 for the T-40.
Beautiful T-40, congrats! Fun project - do a bit of e-bay surfing and check how much just the knobs for one of those go for!
Wow $7. T 40s sell for around $600 here in the UK, and that's on the odd occasion when they come up for sale My own are far traveled beasts. The first one came in two parts. The body came from Florida,everything else was shipped from Hungary. About 7000 miles not counting it's travel to Hungary in the first place The other came from Kentucky. Great you finally got your T 40. She is a beaut.
Yet about 15 years ago, they were practically giving them away on eBay (which is how I ended up with 3 of them).
I have looked the up But I would never consider parting out or even selling this bass, it is too amazing
I had a T-40 in high school and ended up selling it to buy my first Ricky in the early 80's. I for some reason had wanted another after all these years. I bought another one of these dudes and now use it for a set or two with my Ricky basses. Mine is a 81 model , natural swamp ash that I bought off Craigslist for $325. This thing had not been played much and no fret wear. I spent what I did back in 1982 for mine original purchase, around $300 and it is as heavy as I remembered, but does get some pretty cool tones. Hartley introduced this bass and all the big dogs turned their noses up at them. I only remember seeing the bass player from Journey and a few country players using them. Its all USA made, built like a tank, you can use for home demos and play the gig that night without tuning it. After 35+ years I have come full circle. Cheers
Digging the black on black. The crazy thing though - you got one of the very few rosewood fretboard models. You don't see those too often. 'Grats.