I've seen the light- I am only buying Custom or Used from now on. RANT

Discussion in 'Basses [BG]' started by obimark, Jan 3, 2015.

  1. Warning minor rant to follow with maybe a little bit of lessons learned- so don't read if you aren't interested.
    It took me many years to learn, but I am done buying any new bass unless it is a custom one (particularly Fenders) - I have taken a MAJOR HIT on every Fender bass I bought new- like a 45-50% hit EVERY time I go to sell it. Doesn't matter whether it has been a MIA or MIM. Doesn't matter whether I bought it new online with a 15% off discount or at the dealer. Doesn't matter whether I pay the extorniate Ebay fees or take my chances on Craigslist.

    Learn from my mistakes. Used or Custom all the way now- no in-between. (I am thrilled with my custom Carvin Jazz basses, so at least there is that. (and yes I know the pain I will feel if I ever tire of them and sell them).
    Long story short- Are MIA or MIM Fender worth the current sticker prices? Absolutely not, if you have any plans to sell it. Expect a 50% or greater loss.
    Last edited by a moderator: Jan 3, 2015
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  2. Pilgrim

    Pilgrim Supporting Member

    Well, it's like buying a new car. The biggest depreciation happens when the rear bumper clears the dealer's lot. After that it's worth less. Don't buy new unless you plan on having it for a long, long time and getting your money's worth out of it.
  3. Words of wisdom my friend. So all those lusting after the new $1600 Fender's- be aware- it is worth $800-1000 tops the minute you play it one time.
  4. You'd also take a massive hit on a custom bass if you decided to sell it, more so than a Fender. In fact, IME Fender tends to have one of the better resale prices.

    Used is great if you are looking for an instrument that'll hold value. New is great if you want to pick out an exact model or specification, or have the warranty. There's sometimes a satisfaction from being the first owner, too. There's pros, cons and risks to both ways.

    I don't know about anywhere else, but in the UK, it really seems to be a buyers market recently.
    photogdude, dome, soxhats and 8 others like this.
  5. Used is the way to go. I've lost money on anything I've ever bought new. The classifieds here have been pretty tough lately.
    A-Step-Towards and obimark like this.
  6. DiabolusInMusic

    DiabolusInMusic Functionless Art is Merely Tolerated Vandalism

    Consider it an expensive life lesson in GAS. My local Kijiji always has items that are almost retail pricing but are "like new" and "only used for 5 minutes." The latter is always funny on an old item. At least you are aware about the Carvin, if the Fender is killing you I would be worried about a suicide risk when you sell the Carvin. ;) :D

    As far as customs go, have fun with that getting your money back on those. The more customized an item is the more you are going to lose on it. The amount of $6K+ customs I have seen on the classifieds get whittled down to $2,500, and not sell, is shocking. I would only buy custom if I was never selling it.

    $500 seems about right for a Nate Mendal to me. I would imagine you could get $600, maybe a little more if you held out for the "right buyer." Heck, I own a $5000 Fender that I paid $3000 for.
    obimark likes this.
  7. gln1955

    gln1955 Supporting Member

    Aug 25, 2014
    Ohio, USA
    I feel for ya.

    Buying used is always a good idea if it works out.

    For me though, resale value doesn't even make the top ten considerations when buying.
    gebass6, Jack MN, Cashu and 8 others like this.
  8. elgecko


    Apr 30, 2007
    Anasleim, CA
    Why do you keep selling your basses?
    LoTone, mbelue, dome and 24 others like this.
  9. True enough, by Custom I am mean Carvin JBs and I am only doing stock paint finishes (ie no fancy wood grain add $500 types). so I am happy with that- but even at $1000- 1100 for a custom, I know if I were to get tired and GAS sell them I am looking at $600-700 tops. But I intend to play the hell out of my Carvin's for a while and resist all GAS.
  10. GAS and TB mostly- and trying to find the "One".
    I also found out the expensive way that I am a "jazz" bass guy, rather then a P-Bass guy. I thought the growl I wanted was a P-bass growl, but it was a Jazz bass growl all along.

    So took a beating on 3-4 P-basses, except the one I bought used, didn't lose anything on that one. I feel confident though that my Carvin Sb4000 is a keeper for at least a couple of years if not longer.
  11. Templar

    Templar Rythm Wrangler Supporting Member

    Wait....you mean I can't get all my money back if I sell my brand new Fender?!

    Man that sucks! Fenders are the dumbest basses ever!

    Thank God I won't mind taking an even worse depreciation loss if I sell my brand new Carvin. That won't bother me at all, but I aint takin' that kinda crap from Fender!
  12. pacojas

    pacojas "FYYA BUN"

    Oct 11, 2009
    thanks for the chuckles, OP! :)
    cnltb, dannster and obimark like this.
  13. I am glad to be of service. ;-) But at least for less money I am choosing the color, finish and options I actually want.
  14. FretNoMore

    FretNoMore * Cooking with GAS *

    Jan 25, 2002
    The frozen north
    Your used bass is worth less than you paid for it new? Shocking. :)
    Jack MN, petrus61 and obimark like this.
  15. hdracer


    Feb 15, 2009
    Elk River, MN.
    Do really think Carvin has a better resale than a Fender? :roflmao:
    SirMjac28 and Dominic DeCosa like this.
  16. Son of Wobble

    Son of Wobble

    Mar 8, 2010
    Bit of a buyer's used market here in L.A. as well. Prices are down on average $100-200. I attribute the decline
    to a supply glut and a deflationary trend where non-essentials are concerned.
    JIO likes this.
  17. red_rhino

    red_rhino Currently on Double Secret Probation Gold Supporting Member

    Jan 26, 2001
    Over Macho Grandé
    Same here. If I find something I want, and I can afford it, I buy it. If I find myself wondering too much about its resale value, I decide that I must not want or need it that much if I'm already thinking about selling it.

    But, when I have bought used, the fact that the depreciation has already been factored into the selling price, and that I *could* pretty much get back most of that cost *if* I decide to sell it, makes for a nice justification to buy it. :smug:

  18. hopsbb


    Nov 8, 2014
    Most new instruments are getting way over priced anyway imho. Especially American made stuff.

    I don't consider resale when I buy an instrument cause I know I'm never gonna get that money back. Of course I don't sell many of my instruments anyway. When I buy something on up the price scale it's for the long haul.
  19. Exactly.
  20. Son of Wobble

    Son of Wobble

    Mar 8, 2010
    I see this opinion being articulated more and more often. Used MIA Standard prices have been trending downward in part,
    I think, due to a waning of the notion that US-made guitars represent the top of the mark.
    Last edited by a moderator: Jan 3, 2015