This is becoming a mega thread. I should start a thread entitled "why is the sky so blue?" and see the debate rage.
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Why are old Peaveys so cheap?
- Thread starter baddarryl
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If you start such a thread, almost no one will be able to provide an answer.
So what is the reason? Has that been determined? Attempting to answer this question by saying "lots of supply, not lots of demand" is facile, and patently false.
well, the supply is (until that secret warehouse stash is found) fixed. however, if demand for old peavey basses doubled overnight, there would be a rise in the selling price of said basses.
i've seen such a demand rise happen with fender telecaster basses within my lifetime...maybe the old peavey basses are next.
lol whut? me no understand 'patently false' in this context...
i cheerfully submit that, if demand for old peavey basses doubled overnight, there would be a rise in the selling price of said basses.
I cheerfully reply that there are several now-discontinued bass models in the Peavey line of which there is not a great deal of supply, yet prices are low, nonetheless.
Simple supply and demand doesn't explain incongruous pricing on the used market. There are gazillions of Fender Precisions/Precision clones out there, and still prices on US Precisions remain high. Yet high-quality MIJ Fenders and clones from the same era are half the price, even though the quality of those MIJ basses is often better than the US-made instruments.
So how do you explain that? "Supply and demand"? That answer shows no thought or insight at all. What do you think would happen if your high school teacher asked you to explain the cause of WWII on an exam, and you answered "Pearl Harbor". Your grade would be a well deserved "F".
Post 609! Why is it that there is somehow this strange feeling of pride that my thread has endured like this? Man I need to get out! Lol!
It looks to me that the number of Cirruses and USA Millenniums on the market has dropped. I can understand the drop in Millenniums since they were not made that long, but I am suprised to see so few on Cirruses on ebay lately.
They are not worth getting...
They're too heavy, look bad, play worse, and have terrible tone.
Buy a Fender or Gibson instead.
....and leave me to these cheap MIA basses. There are a few of us trying to remove these basses from circulation, please do not hamper us by driving up the prices.
They're too heavy, look bad, play worse, and have terrible tone.
Buy a Fender or Gibson instead.
....and leave me to these cheap MIA basses. There are a few of us trying to remove these basses from circulation, please do not hamper us by driving up the prices.
Seems like that is the case with a lot of things. Is it that the overall market won't bring what things used to be worth so people just hold on to them for now? I know a few people that are doing that with real high end stuff.
You are probably right about people just holding on to stuff. I know my bass flipping has pretty much stopped for the last year and a half. I also see people trying to sell inexpensive basses at ridiculous prices lately. This is really true for some of the low end Yamahas i have seen posted in the last week or so.
i edited my original post to make it less 'snippy'. i apologize for the first.
your example is invalid, unfortunately. the basses you provide in your example are not generally perceived as equivalent commodities in the marketplace; therefore, the demand for such is not the same. vagaries of an incongruous marketplace, sure; such vagaries are manifested as supply and demand. it's a simplification, but it's not patently false. facile, you bet. patently false? of course not. supply and demand are the very root of the explanation. bottom line: if demand goes up for 'several now-discontinued bass models in the Peavey line of which there is not a great deal of supply...' so will the prices.
let's skip the meaningless high school analogy; it's not analogous.
thanks for sharing.
i suppose a better question would be 'why is the relative demand so low for old peavey basses?' beats me. i've got one fer sure. no better bang for the buck that i know of.
My first experiences with Peavy products(mixers,power amp,bass amp) in the late 70's were so bad that I've never considered anything else with the Peavy name.Their basses may be fine but I won't give repeat business to a company that I've had bad experience with in the past.I spent over $1K on a peavy powered mixer in 78 that died after less than 2 months.The drummer in a 70's road band had a peavy 800watt amp we were using for the PA,it died and we started using my Crown DC300-rated at about 1/2 the power was cleaner and noticably more powerful(and I've still got it and haven't ever had a problem with it!).They just had a really bad rep at least a few decades ago.
You point out that Fender basses and MIJ Fenders/clones are not perceived as "equivalent" commodities. Yet for all practical purposes, in reality, they are. EXACTLY the same. And yet the prices are not equivalent. And there is the original point of this thread. Which you seem to have missed.
I understand why you want to skip the analogy. No one likes things like that being pointed out to them. But submitting "supply and demand" as an answer to the OP's question is such a... we won't call it "stupid" - let's call it "insubstantial"... such an insubstantial answer that it's intellectually worthless. It's like (better duck, here comes another analogy!) meeting a philosopher and him asking you "What is the meaning of life", to which you answer "the period of time between birth and death." It's an answer that, in a court of law, could be held as technically correct. But as a reply to the question at hand, it's so completely useless that it's better to have not answered at all.
You shouldn't need to have questions like the OP's spelled out to you in excruciating detail. What is being asked is self-evident to any sensible person.
You're welcome.
There's a whole list of things both good and bad you can say about Peavey gear, but "unreliable" isn't anywhere on it. I'd hate to see how quick you'd blow through a Bugera or something similar, it probably wouldn't even make it out the door.
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