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Used bases aren't selling well.

I couldn't agree more. A friend who is a gear head on the guitar side said it's the same there and people are complaining (gearpage).

I'd say it's a buyers market, so if you are in the market for something particular, you should snatch it up. Not very good for sellers or guys wanting to buy/sell/flip.
 
I think the market is depressed. I've noticed that instruments listed on Craigslist and Kijiji since well before Christmas at prices around the $1100.00 to $1300.00 are now being listed between $800.00 and $900.00—and they're still there! Admittedly their original asking prices were high, but the basses are still sitting there since the prices have come down. It's definitely a buyers market.
 
Much like the thread about Canadians complaining about their devaluing dollar, the depressed used bass market is simply a reflection of the larger worldwide economic conditions. The manipulations of the oil market from Saudi Arabia coupled with the state frictions between Russia and the USA are going to set off a chain of events that may end up bringing the planet closer to nuclear Armageddon. Not being able to sell your used bass will be a minor problem in comparison.
 
Much like the thread about Canadians complaining about their devaluing dollar, the depressed used bass market is simply a reflection of the larger worldwide economic conditions. The manipulations of the oil market from Saudi Arabia coupled with the state frictions between Russia and the USA are going to set off a chain of events that may end up bringing the planet closer to nuclear Armageddon. Not being able to sell your used bass will be a minor problem in comparison.

But haven't you heard? The Recession is over and the economy has recovered from it. :greedy:
 
Much like the thread about Canadians complaining about their devaluing dollar, the depressed used bass market is simply a reflection of the larger worldwide economic conditions. The manipulations of the oil market from Saudi Arabia coupled with the state frictions between Russia and the USA are going to set off a chain of events that may end up bringing the planet closer to nuclear Armageddon. Not being able to sell your used bass will be a minor problem in comparison.


This makes me want to run out and buy a bunch of used basses on credit. To hell with the cost....:D
 
Even there, it's easier to find them now with global tools to find, buy, and sell and the knowledge people are learning about their dead parents' insturments are only a click away.

Yep. Anything we want to buy is now available via my keyboard. :) Great for the buyers, but not so good for the old business model.
 
Dude, prozac.

The KSA is specifically not manipulating the oil market, allowing supply and demand to do what it is currently doing.

Also, Russia? Unless you live on their border, not a big deal.

Massive overproduction of instruments, of increasing quality, and decreasing price, is the thing here. This has a lot to do with the next quarter mentality of publicly held instrument companies, not so much geopolitics.
 
Much like the thread about Canadians complaining about their devaluing dollar, the depressed used bass market is simply a reflection of the larger worldwide economic conditions. The manipulations of the oil market from Saudi Arabia coupled with the state frictions between Russia and the USA are going to set off a chain of events that may end up bringing the planet closer to nuclear Armageddon. Not being able to sell your used bass will be a minor problem in comparison.

Hoard Basses....You can burn them to keep warm....Make handy clubs....
 
A while ago someone was running stats on the TB classifieds, comparing average prices and such. Business school research paper or something. It would be interesting if he were to do a longitudinal look over five years' worth of ads or so and see if there really is any statistical change in the rate at which instruments are selling. Meanwhile I think this is all just subjective impressions. And of course, sometimes something sells, on TB or locally, but the seller never bothers to close the thread. They just stop bumping it and it sinks down the list as a seemingly unsold instrument.

My personal, purely subjective impression - nonsense. I actually was just thinking this morning, looking at multiple basses in the classifieds that I had found intriguing but that were gone before I could accumulate the savings to spring for them - "Wow, that went fast." Maybe it's just this moment, people spending their Christmas bonuses or something. But the bottom line is that instruments are pretty expensive, they're not necessities, and most people on the forum already have one (or five). Offering a $2500 bass for sale for $1500 may be an incredible deal but it doesn't put $1500 play money in my pocket and doesn't make me need a sixth bass. It's going to be a slow turnover market no matter how good the economy is.

On the local CL, there is a custom Taylor T3 that has been reposted and reposted for something like four years now. The seller wants $3500 for it. Every once in a while over the last year or so a custom bass shows up, fretless to the 12th fret and fretted above it - I think the asking price is $3850. Great instruments? Sure. Great prices? Probably. But who's going to buy them? Post an MIM jazz for $300 and it will be gone in a week.
 
If the used market is bad then I wonder how sales for new instruments are doing. I haven't shopped for anything for about two years now and I just about fell over when flipping through the last Musicians Friend catalog. Could not believe how much some of the higher end things are going for.

So glad I'm done buying.
 
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