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Peavey T-40 price jumping

Really?

I see a few in the $700 range

Peavey T-40 Bass Guitar | Reverb

They come up in the classifieds in the $400-600 range with some consistency.

I wouldn’t doubt there’s still some in the $200 range on Craigslist somewhere in the world.

Yes there is only single T-40 bass found when I search Reverb for Peavey T-40 at a total of €1385 / $1688 including shipping, we don’t have Craigslist in Ireland unfortunately... I’d imagine you would have much better luck being in the US.
 
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Wow, my T-40 FIVE @ 9.6 lb weighs less than your Foundation! I find the T-40 very comfortable to play sitting on a stool. That position makes it more comfortable to have my right hand toward the bridge PU where I like to pluck.

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THAT is COOL! I passed on one recently that was under $400 because I just didn't need it. I don't play fours at all now, and while it's a classic, I just can't use it. Had a red one once and I liked that finish! A fiver would be sweet - that I could use!
 
Welcome to 2021, where Peavey T-40's cost anywhere between $700-$1000+! I really wish I knew more about them back when they were cheaper, but I'll probably still shell out the $750 for my local listing. I'm obsessed with this bass.

I bought for 500 CAD and sold for 700 CAD but only after scoring a G&L L2500 Trib for 400 CAD. This is the bass you are looking for.
 
I was cruisin' the ebay highway a minute ago and checked up on the T-40 to see what the market was like for them, and I noticed a pretty substantial jump from just months ago. I searched them earlier this year and they were going for $300-$400, but this time I only saw one for less than $500, and it was an OBO listing (which always seems like desperation pricing to me). What's the deal? Anybody got any insight on the leap?
I skipped the T-40 and got myself a T-45, largely b/c I wanted a 1 PUP base (my main bass is a MM Sabre) and I liked the look. It's got fewer options tone-wise than the T-40 but is a beautiful instrument for the money (mine was under $500). I do own a T-60 guitar which I absolutely love - they're going up in price as well.
 
I think they flew under the radar for a long time as a screaming deal, and now people are catching on to what great basses they are.

and they’re not exactly rare but they are discontinued, so there’s that too.

i think someone worked out they were around the equivalent of US$1200 in today’s money when they were new. So not a cheap bass by any means!
 
i think someone worked out they were around the equivalent of US$1200 in today’s money when they were new. So not a cheap bass by any means!
Compared to other gear available they were cheap.

T-40's were priced around half the price of a Fender bass when released in the late 70's, prices stayed low all through the production years. When discontinued in 1988 the MSRP was still under $500.

Today T-40's fetch around 25% of a same year Fender.
 
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Relax, close your eyes and visualise that day in your mind. Can you see where the beads were on the abacus?
(closes eyes)
It was a hot day....I can see myself talking on the CB radio, popping out the 8 Track, going into the store.....seeing the glorious shine of the T40! but damm, it's so bright, I can't picture the price tag... :(
 

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