Saw a well used Peavey Foundation 5 today. Actually, it's been in this shop for several years. It has dings and finish wear, the maple neck has a lot of wear on the back and fretboard edges. The pots are all scratchy and missing knobs. It's just plain nasty. The tag's original price was 199.99, marked down to 150.00. I respectfully offered him 75.00 so I could rescue it. He said he would "eat the tax" but he would barely break even. I said (respectfully,) maybe if it was in very good condition, but this one needs a lot of TLC. He declined, he couldn't lose any money on it.