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Used Peavey T40 Prices doubled?

OP, Ebay has rises and falls for prices. This is caused by people seeing another one go for a certain price and then putting their price at or a little higher. Successive people doing this, it pushes the prices up. The sale prices might not necessarily move like that though.
 
Check eBay's "completed listings" to see what T40's have actually SOLD for... not what sellers are ASKING. The average selling price seems to be just under $400.
Yes, it's hard to believe people here put any stock whatsoever in asking prices. It's simply stupid to do so, because they are meaningless.

I have seen asking prices go up a bit on old US Peaveys, but the actual selling prices haven't increased that much. T-40s go for around $250-$400 on CL and used sites, depending on condition, color and case, which is an increase over a couple of years back, but not a great one. eB has the highest selling prices anywhere, so adjust accordingly. :hmm:

If you want to see delusional used pricing, check out Rickenbackers some time!
 
Picked up one last year for between $300 and $400 with original case. Price hasn't doubled but they have stabilized and maybe gone up a bit(or the value of your FRN went down so you need more of them).

The weight makes it stay home a lot but it did see studio time a weekend ago when we had time booked for a cut that was ALL E and A string and the T40 does REAL GOOD on those(solid, consistent all frets). The arranger ended up dropping it a half step so to get to what was now E flat, I detuned the E to D and went from there. Came out quite nice.
 
I honestly don't know why they DON'T command a much higher price than they do. They're phenomenal basses... very well built and versatile. Sure the T40 is heavy but considering my three other favorite 4-stringers (homebuilt P, ATK700 and Ovation Magnum) it's right on par weight-wise.

T-40's were universally heavy, but not extraordinarily so. Most were between 10-12lbs. For the time they were built, that wasn't heavy at all.
Listening to people, you'd think that T-40's weighed 15lbs. I've never held, nor have I seen evidence of a 15lb. T-40. I'd say that most people who think they had a 15lb. T-40 were actually holding a bass that was 11-1/2 lbs.
 
T-40's were universally heavy, but not extraordinarily so. Most were between 10-12lbs. For the time they were built, that wasn't heavy at all.
Listening to people, you'd think that T-40's weighed 15lbs. I've never held, nor have I seen evidence of a 15lb. T-40. I'd say that most people who think they had a 15lb. T-40 were actually holding a bass that was 11-1/2 lbs.
You're probably right, people have a tendency to exaggerate. The T-40 I owned briefly was around 11 lbs.
 
A look at completed listings has them going from $250 to almost $700. I think it is one of those where patience will pay off.

I agree but I think there are special circumstances. There was one T40 that sold a few weeks ago at the higher end of the spectrum you mentioned and that was for one in pristine condition... you don't find that very often. Other times people look for a first year model in decent shape or a rarer finish. I've been looking almost 7 years for a burst in nice shape. I've never seen one locally or in any shops when I traveled so my only option would be the "few and far between" eBay listing... and I'm losing patience. ;) (One finally popped up last eve... nasty)