SirMjac28
Patiently Waiting For The Next British Invasion
I don't see the prices dropping on any of the gear I'm currently lusting over.
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Values Dropping???
- Thread starter SilGarzaJr
- Start date
The numbers don't support this wide-spread notion; The economy is actually plugging along pretty well right now. Not a boom, ala 1996, but decent. Nah - there's other things at work here.
That's why guys like me always preach the "Buy used" thing.
Some kit, there's no way to keep your money - Keyboards / rack fx, etc - those will always depreciate as technology improves... but a well made bass from 50 years ago is a well made bass today, just as one made today will be that in 50 years (provided it's not "reliced" by some nut who can't take care of his gear!).
Personally I've never bought instruments with resell value in mind, actually I've never bought anything including cars with resell value in mind.
I'm one of those people that buys with their heart instead of their head, and I tend to hold onto things either forever, or a very long time.
All of that said, let me ask all of you a few questions:
1. If you have purchased basses in the past with the resell value slightly or fully in mind, was the bass worth the money?
2. Did the bass give you what you wanted "musically"?
3. Was there a different bass that you were looking at - at the time less in value that you wish you bought instead?
4. Did you ultimately regret buying the more expensive bass regardless of what you thought it might be worth once you were ready to sell it or trade it in?
Please let us know.....
I'm one of those people that buys with their heart instead of their head, and I tend to hold onto things either forever, or a very long time.
All of that said, let me ask all of you a few questions:
1. If you have purchased basses in the past with the resell value slightly or fully in mind, was the bass worth the money?
2. Did the bass give you what you wanted "musically"?
3. Was there a different bass that you were looking at - at the time less in value that you wish you bought instead?
4. Did you ultimately regret buying the more expensive bass regardless of what you thought it might be worth once you were ready to sell it or trade it in?
Please let us know.....
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But it is very likely that it will gradually dwindle in quantity, along with your opportunities to buy it.
About two months ago, I went to the Nashville Guitar Show (put on by the people who produce the Dallas guitar show). What I saw (and have seen for quite a few years) is that almost anything from the 60s and 70s commands very high prices - even if they aren't great instruments. You could surmise that the law of supply and demand rules - there is no glut of 50 year old instruments. However, it boggles my mind to see what some of this stuff is either selling for or trying to be sold for because I remember vividly how much it sold for when it was new. Yeah - there are some truly great instruments available, but there is also a lot of overpriced, overhyped junk too.
I'm a player, not a collector -- and I'm not spending far in excess of what an instrument is actually worth.
The lesson here is that if you're buying and expect to have an escalation of the value of your instrument, it will probably take awhile for it to appreciate unless you get really lucky.
I'm a player, not a collector -- and I'm not spending far in excess of what an instrument is actually worth.
The lesson here is that if you're buying and expect to have an escalation of the value of your instrument, it will probably take awhile for it to appreciate unless you get really lucky.
^^^
If I ever hold onto something long enough for it to appreciate in value, it will mean that I have completely changed my spots. I, too, look for utility, which comes used as well as new. There are just certain things I will not pay extra for—such as exotic woods, adornments, finishes, and signatures.
If I ever hold onto something long enough for it to appreciate in value, it will mean that I have completely changed my spots. I, too, look for utility, which comes used as well as new. There are just certain things I will not pay extra for—such as exotic woods, adornments, finishes, and signatures.
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I'm sure the economy is good for someone, just nobody I know. Lots of job losses and most the jobs created in my area are lower pay service jobs. Frozen wages for the most part. I pay for my bass fix by dumping cable and as many other discretionary monthly bills as possible to use my disposable income on what I really care about
Since 2010, US GDP growth has averaged less than 2.2%, quite low by historic standards. Barely enough to stay ahead of inflation. It has been a slow and grinding recovery.
SirMjac28
Patiently Waiting For The Next British Invasion
Could someone please show Rickenbaker,Orange,,Musicman,Fodera and Sadowsky this thread I don't think they know what's going on?.
I bought 2 Musicman Stingrays for $650 off craigslist this year USA made ones with cases and 2 4003's for $1000 and $1200, both original with cases. Maybe its your location but I see GREAT prices just sit and sit on craigslist, those basses I listed I didnt buy the first day they popped up, they sat for awhile and I paid asking prices on all them, didnt talk them down to that.
Stuff is cheap and moving slow at least out here, 50% off a new price is just super common on used gear.
bought a 04 thumb nt 5 for 2.3k with a case, second hand.
was looking at new ones......6k in aus for a new '11 '12 stock. I understand newer models have wenge necks but man oh man. never buying new.
was looking at new ones......6k in aus for a new '11 '12 stock. I understand newer models have wenge necks but man oh man. never buying new.
Nice stuff costs a pretty penny unless you're at the right place at the right time and have the money to spend when a good deal presents itself.
SirMjac28
Patiently Waiting For The Next British Invasion
Currently, the used market favours Buyers.
It appears to me that an increasing number of Sellers are trying to shift the market in their favour by faking instruments and trying to pass them off as genuine instruments. Caveat Emptor.
Edit: I guess that's a comment about moral values as much as monetary value.
It appears to me that an increasing number of Sellers are trying to shift the market in their favour by faking instruments and trying to pass them off as genuine instruments. Caveat Emptor.
Edit: I guess that's a comment about moral values as much as monetary value.
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