IS THE USED MARKET DEAD?

Discussion in 'General Discussion' started by 11top, Sep 23, 2015.

  1. 11top

    11top Cousin Eddie's cousin

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    Anybody having any luck moving used guitars (and gear)?
     
  2. WEDGE

    WEDGE Zombie five, DFZ

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    Only if you want bottom prices.....i moved to trading a while ago and usually i can get fair value for value.

    Excellent time to be a buyer right now if you have any disposable income......
     
  3. sergiodeblanc

    sergiodeblanc I like to party, mmm hmm, everybody does.

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    I've got a few things up for sale without much interest. I thought my plexiglass drum set would be out of the basement already.
     
  4. xjbebop

    xjbebop Yippy ki yay!

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    I've had no problem buying used gear lately.... :top:
     
  5. Huggy B

    Huggy B Whiizzz

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    I've moved a few instruments in recent times w/o much problem, that was about 6 months ago, don't know if the market has changed much since then. I found that it was frustrating when I didn't sell any right away but the offers came when I least expected them.
     
  6. IKnowALittle

    IKnowALittle New Member

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    I was in the market until I realized how deep down in the crapper our $ really is and ran some numbers.
    I was contemplating a couple that the OP has for sale.
    Now, not so much.
     
    #6 IKnowALittle, Sep 23, 2015
    Last edited: Sep 23, 2015
  7. WeFixFlats

    WeFixFlats Respect The Clave

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    We've had a couple guitars posted for sale, at rock bottom prices, for the last two months on one site.

    Lotta watchers, no Takers. Need to re-coup some $$$ because of PRS GAS.
     
  8. 11top

    11top Cousin Eddie's cousin

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    Have to agree, Paul. I have stuff listed with killer woods, get positive comments, but no buyers. :dontknow: :bawling:
     
  9. Whitecat

    Whitecat Goes home to Starla

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    Seen some veritable giveaways recently on a couple PRS Facebook groups I frequent, and still with no quick takers. It's looking worse than I ever remember it, that's for sure.
     
  10. gball

    gball New Member

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    I recently put a guitar up for sale (an SE) and it was gone within 2 days. I got a fair price for it, no lowball.
     
  11. G-Man

    G-Man New Member

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    I have not sold anything on E-Bay but have been looking a lot. It seems like a weird market.

    - There are a lot of used SE's for sale out there at or very near the street value that you can get at Guitar Center.
    - There are a fair amount of USA made guitars but the prices seem to be all over the place, regardless of condition and level of modification. Saw a '93 McCarty that looked nice until you got to the headstock which looked like swiss cheese based on the tuner changes - $1,500.
    - No real "Gotta Sell" gems out there.
    - Guitars listed over and over again with no price reductions or addition of Make and Offer options.
    - Guitars listed on e-bay and shop pages for exactly the same price less the 8% commission.
    - A few shipping fee's seem outrageous. $100 seem too high?

    Lust a few thoughts and will keep searching.
     
  12. Brad737

    Brad737 This space for rent...

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    I sold 4 or 5 high dollar guitars in one burst in the Spring. Hardly moved anything since. I'm definitely one of the guys that G Man alluded to. I have barely discounted anything. I don't NEED to sell, so I'm not going to just throw my money away. They'll sell eventually, I suppose. As for shipping, I'm also guilty of charging high shipping prices. I pack guitars like they're going off to war, and that's not cheap. I refuse to ship a $5000 (or MORE!) guitar for $30 with no insurance. If the shipping company cracks the neck off, the seller is the one holding the bag.
     
  13. Brad737

    Brad737 This space for rent...

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    One other thing regarding making offers...

    Just because there's no "Make Offer" button, go ahead and send the seller an offer. Who knows? They just might take it. Although I literally just responded to some moron who's made the same ridiculous low-ball offer 4 frickin' times. I finally just told him to stop bothering me.
     
  14. LSchefman

    LSchefman Hears Tones

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    Count your blessings. At least you're not selling used recording equipment! ;)
     
  15. alphasports

    alphasports New Member

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    I do pretty well on the used market by employing a modified stock market policy of "buy low...sell to break even" ! I keep a record of all my purchases and over the past few years after probably 20 or so high end acoustics & electrics plus a few amps and other gear I'm more or less on a break-even basis (which is pretty good given the nature of the obsession).

    One thing's certain, my attitude towards ownership has changed significantly in the sense that I no longer get fanatically obsessed with any single guitar or amp, pretty much nothing is safe from the auction block if I decide I want to move gear. And I virtually never buy new...I just can't stomach the "drive off the lot devaluation". Despite not buying new, 2 of my last 3 PRS have been mint unplayed and unregistered (and half price), so now I have 2 essentially new PRS with factory warranties.

    To address the OP's point, in my experience the current market is pretty soft. I'm in Canada and certainly not much high end stuff is moving up here. But as a buyer I'll admit the hunt is half the fun sometimes!

    Cheers
     
  16. G-Man

    G-Man New Member

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    Good points all. Just to clarify, I don't think the points I raised were good or bad, just what I am seeing in the used market which may seem to slow the market down a bit. I would agree that you do not want to lose money if you really do not have to while still getting the enjoyment of playing that guitar. I just get confused on some of the actual values since they have such swings in range regardless of the condition. I think I'm slowly getting the hang of reading the market a bit better if there is such a thing. Great posts boys. Very helpful.
     
  17. sergiodeblanc

    sergiodeblanc I like to party, mmm hmm, everybody does.

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    That's the truth. Even the recycling guy wouldn't even take my dbx mic pre's.
     
  18. Mixstar

    Mixstar Just too tired . . .

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    From my purchasing experience in the UK lately prices seem too high for all brands. For example, I've just done a comparison on two similar PRS guitars, one new one second hand which is advertised 'mint condition' according to the seller.

    Second hand: £1,299.00/€1770.19/$1983.89
    New: £1290.64/€1,759/$1970.86

    Both prices are very similar so I don't know if that's some kind of indicator or just the fact that older guitars are holding their prices.
     
  19. Whitecat

    Whitecat Goes home to Starla

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    That "new" price could be reduced - a lot of dealers are suddenly slashing prices on leftover pre-2015 models, I suppose to make room for 2016s. If the guy selling the used one is pricing his based on MAP, that would certainly account for the strange similarity.
     
  20. Jazzedout

    Jazzedout More Guitars than Time...

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    I just saw a nice seafoam green 513 go for $1650....
     

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