Why so many NOS guitars out there right now?

88prs

OCD for PRS
Joined
Jan 19, 2013
Messages
327
I've been watching my favorite shops and many are selling PRS 2022 NOS (several different models) for a large percentage off. Is the market that bad right now?
 
I also recently followed a 2022 Special Semihollow that was about $1000 off. I still wasn’t able to swing the purchase, but someone got a deal. I’m wondering if the pandemic slowed sales in ‘22, then people just bought current models afterwards, prices being essentially the same. Just a guess on my part.
 
There are always "leftover" high end guitars around. I was shocked a couple years ago to see one dealer (which stocks A LOT of high end guitars) having 2 and 3 year old new models still in stock. They were offering big discounts, but IMO, many times when we're willing to spend that much money, we want something specific.

I much prefer sending whatever business I can to the smaller local dealers, but I can't tell you how many times I've been in one and they'd have a nice PRS that I really liked but in a color I wouldn't want or something and it's not like they're a car dealer with 5 more just like that in all different colors. But a big dealer might have 5 of them, and you have a choice of colors, but they stock so many that some will sit for a while.
 
Short answer is Yes. These things weren't uncommon pre covid.

Stock completely depleted and it's been back for a while. There's also plenty of used gear being and to be unloaded. We had a record numbers of people picking up the guitar during lockdown but one thing stayed the same a small percentage of people stuck with it. As used prices stabilize and new stock increases it's more and more difficult to justify high retail asking prices.
 
hmm,,, cool. Good thing for me is one of the large dealers is a locally owned one and only 30 minutes away!!! time to go shop!
Sometimes the small guys will have something that just doesn't sell because their buyer pool is so much smaller, less online presence, etc. Might get a real "find" on some sweet NOS stuff this way.
 
I've been watching my favorite shops and many are selling PRS 2022 NOS (several different models) for a large percentage off. Is the market that bad right now?
Yup. That and the fact that many dealers were trying to sell for list price like during the pandemic, and beyond, taking advantage of a greater demand than supply issue. Now the tables are turned, and you have a much greater supply than demand. Couple that with the fact that finally used PRS’s are finally coming down in price and you have an even more exaggerated situation. And just to make it a little worse the list prices of their guitars since 2021 have gone up three times since then, making new stock even higher priced.
 
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