Full disclosure: I've never owned a Warwick. This is my limited experience, although I feel it's relevant to the discussion. Take from it what you will.
I played an Infinity LTD at NAMM and it was one of the best playing/sounding basses at the whole show, even against instruments twice its cost. If they'd accepted kidneys or plasma or first-borns as payment, it'd be in bed with me right now. Now, this is where it gets sour.
As others have pointed out, the resale value is staggeringly low. Normally I wouldn't mention it, but it is truly horrendous. Like, "CONDOM - LIGHTLY USED!" bad.
A few years back a regular brought in his five string Thumb NT to sell on consignment in the shop I worked at. I hated how it looked. It was crazy heavy. I didn't want to like it. The playability......... was unreal. My fingers were literally tripping over each other, expecting more resistance. In spite of the the pickups being relatively close to the bridge, you could dial in any tone you dreamed of without so much as looking at the amp. It had more sustain than could ever be used.
By the grace of god, the seller was a realist. He understood he'd be taking a pretty heavy loss. He'd paid around $5,000 for it, and treated it accordingly. It was pristine. We started doing some research (not being a Warwick dealer,) checking completed eBay listings, what comparable models were selling for at other stores, calling people "in the know," etc. Bearing in mind this was when the recession was significantly worse, the best resale value we could find was $1,800. To save you the mental math, that's a $3,200 loss.
It didn't take long to sell (I up-sold a customer from a $200 Dean, which I'm pretty damn proud of and still perplexed by) but the buyer managed to haggle the seller down to $1,500. After our 30% commission, the seller left with ~$1,050. A three thousand, nine hundred and fifty dollar loss. He could've bought two copies of the instrument he'd just sold with the money he'd lost.
Obviously this is an extreme example - an isolated one at that - and the economy is doing better. But from a financial standpoint, it's something to keep in mind. In short...
BUY USED.
I played an Infinity LTD at NAMM and it was one of the best playing/sounding basses at the whole show, even against instruments twice its cost. If they'd accepted kidneys or plasma or first-borns as payment, it'd be in bed with me right now. Now, this is where it gets sour.
As others have pointed out, the resale value is staggeringly low. Normally I wouldn't mention it, but it is truly horrendous. Like, "CONDOM - LIGHTLY USED!" bad.
A few years back a regular brought in his five string Thumb NT to sell on consignment in the shop I worked at. I hated how it looked. It was crazy heavy. I didn't want to like it. The playability......... was unreal. My fingers were literally tripping over each other, expecting more resistance. In spite of the the pickups being relatively close to the bridge, you could dial in any tone you dreamed of without so much as looking at the amp. It had more sustain than could ever be used.
By the grace of god, the seller was a realist. He understood he'd be taking a pretty heavy loss. He'd paid around $5,000 for it, and treated it accordingly. It was pristine. We started doing some research (not being a Warwick dealer,) checking completed eBay listings, what comparable models were selling for at other stores, calling people "in the know," etc. Bearing in mind this was when the recession was significantly worse, the best resale value we could find was $1,800. To save you the mental math, that's a $3,200 loss.
It didn't take long to sell (I up-sold a customer from a $200 Dean, which I'm pretty damn proud of and still perplexed by) but the buyer managed to haggle the seller down to $1,500. After our 30% commission, the seller left with ~$1,050. A three thousand, nine hundred and fifty dollar loss. He could've bought two copies of the instrument he'd just sold with the money he'd lost.
Obviously this is an extreme example - an isolated one at that - and the economy is doing better. But from a financial standpoint, it's something to keep in mind. In short...
BUY USED.
