Discussion in 'Miscellaneous [BG]' started by kezekiel, Aug 7, 2001.

  1. kezekiel


    Sep 24, 2000
    I recently put my Rick Turner Renaissance 4-string fretless on eBay. I paid $1,400 for it less than 6 months ago, and the highest bid was $827. I would never sell a six month-old bass, which will last frickin' forever, at a 40% discount. That's like paying $40,000 for a BMW and selling it six months and 5,000 miles later for $24,000. Ridiculous.

    I see similar situations with Alembics & G&L's. Fenders and MM's don't seem to have this problem. Any theories?

    (Who is NOT selling his Rick Turner, even though he could use the dough)
  2. bassmonkeee

    bassmonkeee Supporting Member

    Sep 13, 2000
    Decatur, GA
    Welcome to the wonderful world of selling used instruments. I'd say that when you buy a new bass, you get about a 20-30% discount off of list, and if you want to sell it, you are looking to take another 20-30% off the price. So, I'd say you'd be lucky to get much more than $900-$1000 for a used bass that was only $1400 new.

    As far as your BMW example, that is pretty much what you would get for it. I picked up my GMC Jimmy for $14000 off the new price by waiting a year and a half.
  3. Aaron


    Jun 2, 2001
    Bellingham, WA
    why did you buy an expensive automobile, while you could have bought some basses instead?
  4. Thumper

    Thumper Supporting Member

    Mar 22, 2000
    Layton, UT
    That's what I do, I have 8 (3 Roscoes, 1 Lakland, 1 Pedulla, 1 Steinberger, '66 Jazz & '75 P). My 10 year old car still runs & looks good just like the basses.l
  5. bassmonkeee

    bassmonkeee Supporting Member

    Sep 13, 2000
    Decatur, GA
    Trust me, I waited as long as possible. My old car wasn't quite dead, but it sure was coughing up a lot of blood.

    And, I'm also in the process of having a 6 string made for me by Greg Curbow, so I'm covered on the bass front, as well.
  6. rickbass

    rickbass Supporting Member

    That's what scares me away in gear ads - the assumption that the gear must be a horror story because the owner wants to dump it after only having it for a few months. Maybe that's just me.

    The sob stories about how the owner doesn't want to part with something don't attract me either.

    When the owner mentions a legit reason for giving up the gear, (e.g., music style change, bigger gigs, giving up on the instrument in total, et al), I'm more inclined not to be suspicious.

    A less significant reason may be that there are many people who don't know who Turner is and never heard of Renaissance. Fieldy doesn't play one. :D
  7. barroso


    Aug 16, 2000
    this is why i buy only when i am sure that the resale value is high. if din't like the bass i can have my money back. unluckly the brands with high resale value are the most famous: musicman, rickenbacker, fender, gibson...
    this is the situation here in italy, buy always made in usa instrumenta and you'll not have big problems, unless the brand is not known.
  8. Hategear

    Hategear Workin' hard at hardly workin'.

    Apr 6, 2001
    Appleton, Swissconsin
    It's hard to drive a bass to work. Also, when filling out job applications, sometimes they ask if you have reliable transportation. I don't know if it would be acceptable to put down, "No, but I do have some nice bass guitars!" :D

    In response to this particular thread: I think you've [accidentally] stumbled onto one of the biggest problems with selling something -- whether your bass is worth $1000, $1400 or $10,000, if you can't get someone to pay that much for it, the question of what it's worth is a non-point.
  9. boogiebass


    Aug 16, 2000
    Sounds pretty generous to me. I'd have gone 7 bills, top. Any time you can do better than 50% of new price when you're selling used, you're doing OK.
  10. Aaron


    Jun 2, 2001
    Bellingham, WA
    that is nothing, you should look at my dad's van, it is 20 years-old with rust all over it, and is filled with expensive equipment.

    bassmonkee, i thought you could settle for a reliable, cheaper vehicle (i.e. honda civic.) That is the kind of vehicle i'll probably have, either that or a vw bug (not one of those new ones.)
  11. Angus

    Angus Supporting Member

    Apr 16, 2000
    Palo Alto, CA
    There's a rather large size difference between a Jimmy and a Civic. Like, 3-4 Civics to a Jimmy.

    You do realize it's hard to drive 3-4 cars at once, right? :D
  12. Aaron


    Jun 2, 2001
    Bellingham, WA
    Has anyone seen how Red Green made a hummer?!!
  13. rickbass

    rickbass Supporting Member

    Welcome to the "Motor Trend" discussion board. ;)
  14. ThunderStik

    ThunderStik Guest

    Jun 25, 2001
    Claremore OK.
    I avoid all that buy buying used, but when I do buy new (and I do sometimes) I only buy basses that are going to be with me till I die, I really have to want it but once I have it it goes nowhere. But when I buy used half price is about right, anything above that is gravy. It sux but thats the way it is, on the upside it does make for some really good deals when you have cash.
  15. I've said it before: don't buy anything thinking resale value. Unless we're talking REALLY collectible stuff like old Fenders, Gibsons, etc., used stuff is to the general public, used stuff. Every one at e-bay wants to spend the least and get the most. If you're selling something, it's the other way around.

    Kezekiel, if I had the bread, I would love to take that Turner off your hands!

    Good luck selling it,
    Mike J.
  16. Blackbird

    Blackbird Moderator Staff Member Supporting Member

    Mar 18, 2000
    That's why I only buy used. I'm sure the instruments are worth their sticker price (most of the time, anyway), but the glee the buyer of a brand new custom instrument feels when he buys it is no match to the glee I feel when I buy it off them a year later for a third of what they paid. Mind you, I don't do it all the time, but this strategy has put many a fine instrument in my hands, which would not have bought it otherwise.

    Shouldn't this be in Miscellaneous?
  17. Brad Johnson

    Brad Johnson Commercial User

    Mar 8, 2000
    Gaithersburg, Md
    Boom Bass Cabinets, DR strings
    This is a "family" board. No porn.
  18. Thumper

    Thumper Supporting Member

    Mar 22, 2000
    Layton, UT
    If it was a 5er I'd find the $.
  19. bassmonkeee

    bassmonkeee Supporting Member

    Sep 13, 2000
    Decatur, GA
    Ever try to fit 2 electrics, an upright, 2x10 combo, girlfriend, and drummer in a Honda Civic?
  20. Aaron


    Jun 2, 2001
    Bellingham, WA
    I guess that would be hard, but you could have got something like a medium-sized pickup with a canopy, with shag carpeting interior.