Super good deals, where are you?

Discussion in 'Miscellaneous [BG]' started by the federalist, Jun 19, 2020.

  1. the federalist

    the federalist

    Aug 10, 2014
    When this pandemic thing began and people started losing their income, didn't you imagine we'd see at least a few used instruments at distress sale prices?

    After several months of this horrific situation where are those deals? Prices seem to be holding steady here and on Craigslist. Perhaps the deals come and go so fast they're gone before we realize it.

    I've been to GC and Music-Go-Round this past week and both told me they can't get enough used instruments. People aren't coming in to sell.

    The musical instruments for sale by owner section in the Atlanta Craigslist has been flooded with new pawn shop listings (many more than usual). Not sure what to make of that.

    Shouldn't we also be seeing lots of sales on new instruments? Don't see those, either.
    Last edited: Jun 20, 2020
  2. From what I’ve seen, prices were lowest in March. There were a few good deals, but now prices are back up. Reverb has a search tool that shows a graph of how much things are selling for. Search for a particular style guitar there - and you’ll see the low point seems over.
  3. Roland GR 88

    Roland GR 88 Commercial User

    Sep 16, 2013
    Ontario Canada
    Retail store manager
    I'm not working. I'm playing my guitar. And keeping it.
    Sorry, move on......
  4. P Cheen

    P Cheen Alembics and parametric mid knobs scare me.

    Apr 4, 2015
    Southern Oregon
    Good point. I also think people were busy modding their guitars. Buying parts, pickups, maybe amps, pedals, other toys.
  5. JW56789

    JW56789 Guest

    Feb 18, 2017
    Tips to finding The Good Deal:

    That money burning a hole in your pocket, sit in a bucket of ice water.

    Got GAS, take Tums.

    In other words, DON'T get in a hurry.


    Know EXACTLY what you want.

    Know the price range on that piece.

    Begin watching Reverb, Craigslist, store sites, wherever you usually browse online, and find another couple of REPUTABLE ones. Be prepared to wait this out, just like fishing.

    Buying from a real brick and mortar store is always preferable to 'some guy' with 2 sales and an iffy seller rating plumb across the country from you !

    Once informed and coached-up, you'll know when THE DEAL pops up. THEN pull the trigger.

    I'd decided that I wanted one of those Contemporary Jazz Squire five-strings. I knew the 'going rate' new was $400-$450 bucks, and OK used ones from $300-$395. I waited and watched. Sure enough, one 'mint/used' showed up at Chicago Musical Exchange, who were great to deal with, and I got it and a Fender FB60 bass bag for a little over $400. I got essentially a new bass and bag for less than a 'brand new' one in a box.

    I'll take a deal like that all day long. You should too.
    thisheregiraffe likes this.
  6. lomo

    lomo passionate hack Supporting Member

    Apr 15, 2006
    The excrement has not fully engaged the oscillating, air displacement device..........give it 6 months. I suspect retail deals will be less plentiful, because I anticipate inflation, but I fear used deals will abound. Fantasy and denial are still florid.
  7. P Cheen

    P Cheen Alembics and parametric mid knobs scare me.

    Apr 4, 2015
    Southern Oregon
    What he said.
    T Bassman likes this.
  8. I've come across a few of these "deals". Guy wass selling his SVT 4 Pro set up for $300. Included rack and rack tuner. Only reason I didn't snag it was the fact it turned out to be an hour and a half drive in each direction.
  9. Call me strange, but if somebody was selling something for a super, ridiculously great deal because they're in distress and legitimately need the money, I wouldn't feel right taking said deal. Happy to haggle in normal times, but growing up without a lot of money, it feels way too much like taking advantage of someone else's misfortune to give them anything less than what would be a fair price in a normal market.

    I'm happier by far seeing everything staying normal or the used market drying up because people are at home practicing on their instruments, not selling them to be able to afford a week or two of food.
    TK-421, jkazam, jon4lisasays and 13 others like this.
  10. sleddogn


    Sep 8, 2013
    just wait...i just read an article on states removing the eviction ban, that should put a few more instruments and pedal boards up for sale, lol
    Peteyboy and Bass V like this.
  11. Templar

    Templar Rythm Wrangler Supporting Member

    You've been seeing lots of sales on new instruments for years already. There comes a point where rather than committing financial suicide by selling stuff at a loss, manufacturers of consumer goods would rather destroy inventory instead. Like this rather distasteful display...

    mikewalker likes this.
  12. Bass V

    Bass V

    Dec 11, 2008
    Honolulu, Hawaii
    the selloff didn't materialize as some anticipated cos half the country ignored basic instructions of proper behavior, seeing spike zones like Atlanta being busy as tho things are normal is no surprise, but overall there's just been a slowdown on sellers as some people practice distancing and many more face serious financial concerns. hang on to your britches cos there will be further pain felt in millions of households and hard choices will be made, those able to capitalize are waiting. fortunately, there are still the occasional 'normal' deals to be had, I'm over the moon with my latest NBD
    NBD - a kool Korean Epiphone Thunderbird IV
    thetragichero and lomo like this.
  13. JimmyM

    JimmyM Supporting Member

    Apr 11, 2005
    Apopka, FL
    Endorsing: Yamaha, Ampeg, Line 6, EMG
    I sold some stuff for a little under market value, but a little under market value is as far as I'm willing to go.
  14. lomo

    lomo passionate hack Supporting Member

    Apr 15, 2006
    I fully agree, with the caveat that on the ground, situations are seldom black and white.....if someone is selling something for a crazy low price, it's often because a "normal" price wasn't getting any bites.......and there are also some buyers who don't "need" that additional piece of gear, but for a particularly low a price, are willing to go for it. I get the general impression that much, if not most of the current used market availability is a result of people having an uncertain, not so bright next 12 financial months as far as they can see.....but not currently in acute distress.....looking around and realizing they really don't use/need this or that up FS it goes at somewhere close to recent market value, at least to begin with.
    Last edited: Jun 20, 2020
    Eli Brockway likes this.
  15. Leonid Nidis

    Leonid Nidis

    Jan 1, 2018
    I see high prices people who didnt sell or buy for years trying to sell and dont know how to price.
    The rest is just normal pricing.

    BTW Just like the seller might be in need to sell I lost much of my income too so all I can do is buy when a crazy good deal is there.
  16. sleddogn


    Sep 8, 2013
    there are 2 basses for sale on the tb classifieds (won't call them out but you know the basses) that have been for sale for over a year and a half, they keep getting bumped daily, am soooooooo tired of seeing these 2 basses, lol, i wish these 2 sellers would do a covid mark down just to move them
    lomo and Bass V like this.
  17. Bass Man Dan

    Bass Man Dan Endorsing Artist: Ned Flanders' Bass-a-Reeno

    Oct 20, 2017
    Well, on my local CL there is a Squier VM 5 string jazz that sells new for $350 listed for $650. It's been upgraded, though.
  18. Droopy_TX


    Jul 17, 2016
    Wait until the unemployment benefits run out.
  19. rjovin

    rjovin Supporting Member

    May 27, 2011
    Tampa, Fl
    I've bought 2 Squier basses, a CV 70s that I got the week the world shut down back in March and a CV 60s that I got a couple of weeks ago.
    The only things original left on the 70s are the tuners, neck, nut, neck plate and body.
    So far on the 60s I changed the bridge and pickguard with more mods in the making.
  20. As always, merchandise is worth only what the buyer is willing to pay. Good deals are not judged by asking price. They are judged by selling price.
    JRA, lomo, TolerancEJ and 2 others like this.