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There's never a good time to sell. Is there?

I have a squire affinity jazz V that I bought new at guitar center for a complete rip-off price, 230 bones. Of course, this was before I knew about TB, and before I had any knowledge what so ever about bass guitar (I had only played upright for a long time).

Alas, after a while I figured out the B string is not for me.

Should I sell this bass to fund a 4, or keep it and just save up (this will take me awhile because I'm 15 and have no job). I was thinking about selling, but the going sell price is almost 40 dollars below what I bought it for, which just seems rediculous.

Any advice you can offer?
 
I can tell you're new at this, but taking a $40 loss on selling a bass you bought new is pretty normal.

Offer it up for trade on here (which requires a supporting membership) or try craigslist if you don't want to risk taking the financial loss.
 
$40 loss is nothing compared to what you would lose if you traded it in.

You should keep it because even if you went to a 4 string from an upright, there is still going to be that learning curve for coordination and muscle memory.
 
If you are a new player (1~2 years under your belt) I'd keep it around for a bit just in case. In my first two years I went from 4 to 6 and then finally settled of 5 which I'm still playing now. If you've been playing for a while and are pretty clear on what you want and like then, yeah, sell it and get something else.
 
Advertise it as vintage and tell everyone it has mojo.

Seriously, if you only lose $40 that's pretty reasonable. I generally won't pay more than 60% new price unless it's hard to find and like new. Otherwise might as well buy new and get warranty.
 
The more expensive instruments I buy, the less worried I am about the $40 here or there. I lost $50 on a Warwick Rockbass I resold, and I was disappointed, but now it's like water under the bridge. The $40 you might lose is the price you pay for the knowledge you now have.
 
This is a MUCH better time to sell a used bass than when I was starting out in the mid-80's. Back then I had to take the offer from the local music store (+/- 20% of the instrument's value), or post it in your newspaper's classifieds, trying to hunt down a local player. Which was very difficult, me being a lefty and all. Nowadays you have Ebay, Craigslist, & TB. Even so, you cannot expect your used Squier to be worth as much as when it was new, unless it's a popular, rare and discontinued model. Furthermore, if you can't bear to lose $40 on a bass, you're probably not going to like being a musician......
 
The amount of money you lose often depends on how badly you want to sell. Someone mentioned you take a bigger hit if you have a "boutique". Well, lets put that into the proper perspective. I'm talking about selling a $2000 bass for $1600 (for example). If you owned the bass for a year it's the equivalent of renting for $33 a month then getting a $1600 refund. Thats a good deal IMHO. If you don't need the money "yesterday" hold out for your price.
 

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