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What would you do?

So here goes, I own a 76 P all original and in good condition, I don’t use this bass to gig with, I bought it about 3 years ago as an investment for $1800. I have an opportunity to trade the P bass for a 2 year old Spector Euro 4LX Bass in showroom condition plus $700 in cash, probably a $1700 value. If I took the trade I would use the Spector as my main gigging bass and probably blow the cash on gear at some point down the road. If you where me, would you make that trade?:confused:
 
What you'll be doing is trading a saleable bass that will hold/appreciate in value for a bass that will be a struggle to sell and will depreciate in value. You should get a much better deal than that Spector+$700. Spector+$1,100 at least.
 
I'd bet one day you'd end up wanting the Fender back, and probably trading the Spector for it...save yourself the hassle.

Although, not to burst your bubble too badly, but if you bought a 76 P for $1800 as an investment, you might want to hang onto it for a while longer...like a lot longer
 
:eek:Trade and if you dont like it i will swap ya for my billy sheehan bass!!!:D

Thanks Bob I knew I could count on you:)...seriously guys I appreciate the running narrative and I'm going to weigh everything you have to say into my decision. The really weird thing about this is that my 76P was actually owned at one time by the guy offering the trade and we didn’t know that until I met him to see the Spector and we got to talking about past basses. He e-mailed me a photo of him with the P from about 10 years ago and the serial numbers match…very strange indeed! I do also own a 67P which is my holy grail and would never even consider letting that go, I've owned her for over 30 years. She's retired from live gigging but sounds incredible on tape.
 
Although, not to burst your bubble too badly, but if you bought a 76 P for $1800 as an investment, you might want to hang onto it for a while longer...like a lot longer
I wasn't going to say anything, but yeah, that was a sub-optimum move as an "investment," though he will probably make money eventually.

I've been flipping gear -- successfully -- for over over forty years and the #1 rule is and always will be, "make your money on the front end," i.e., never pay market (or in this case, probably above) in hopes of it going up. You find a long deal below current market so you can't lose in the long or short haul.
 
Thanks Bob I knew I could count on you:)..
I have been itching for a Spector Euro for a while. Saving the Attitude for the right one. I think you should do it. You have the holy grail and that outrageously awesome sounding jazz. This would be a whole different tone to add to the arsenal. I know the resale value is a factor to a lot of folks, but if i find something i really like and someone wants something i never use, it's a win situation for me. I hate having stuff i never use, hence finding the Yamaha a new home. Good luck with your decision!!
 
I wasn't going to say anything, but yeah, that was a sub-optimum move as an "investment," though he will probably make money eventually.

I've been flipping gear -- successfully -- for over over forty years and the #1 rule is and always will be, "make your money on the front end," i.e., never pay market (or in this case, probably above) in hopes of it going up. You find a long deal below current market so you can't lose in the long or short haul.

On second thought maybe the term investment was the wrong thing to write here, it was more about knowing I could always get my money back if I decided to sell it down the road, and I still think that to be true. I don't have the time, desire or $$$ to invest in basses, although I wish I did:bassist:
 
I looked up that model of Spector on fleabay. Not only are there no current bids on any of them, there have been no sales in the completed listing section.

I have no comment on whether this is deal is good value, but it would not bother me to swap out that P. As another poster mentioned, it will be some time before it is worth a lot more than it is now. Get a bass you will play.