The Acoustic Guitar Forum

Go Back   The Acoustic Guitar Forum > General Acoustic Guitar and Amplification Discussion > General Acoustic Guitar Discussion

Reply
 
Thread Tools
  #31  
Old 04-30-2019, 09:23 AM
beninma beninma is offline
Registered User
 
Join Date: Jun 2015
Posts: 635
Default

Quote:
Originally Posted by Mr. Paul View Post
I don't think you've shopped for a car with less than 12K miles lately. The drive it off the lot and lose 50% of value thing simply does not hold true in the real world. Find me a Subaru Outback or Toyota Tacoma with <12K available at 50% of new price and I will fly there right now right now
Haha.. this is very true as an Outback owner, maybe some guitars hold value like an Outback or a Tacoma.

I custom ordered my Outback.. there were used ones on the lot which cost more than my custom order. Cars with 25k miles were stickered at $250-500 less than a brand new car. When you added up the different options and what options were common in the used cars you could easily get a new car in the same trim level for less than some of the used ones which were subtly optioned more expensively.

It might not be true now but back then the Toyota Prius was also a car which it made absolutely 0 sense to buy used. They were selling every car instantly so used ones on the lot had almost 0 markdown compared to brand new ones.

The whole "value drops like a rock" is mostly for expensive cars which have poor average initial quality & long term reliability. Cars that typically get leased.
Reply With Quote
  #32  
Old 04-30-2019, 09:32 AM
Napman41 Napman41 is offline
Registered User
 
Join Date: Apr 2014
Location: New Jersey
Posts: 1,417
Default

I see the so called soft guitar market more a market of sellers with unrealistic pricing expectations. Appropriately and fairly priced guitars sell and they usually sell quickly. Or at least thatís my experience.
Reply With Quote
  #33  
Old 04-30-2019, 09:32 AM
UncleJesse's Avatar
UncleJesse UncleJesse is offline
Charter Member
 
Join Date: Jan 2019
Location: STL
Posts: 492
Default

Quote:
Originally Posted by BT55 View Post
You canít get 0% financing on used guitars!
Actually, you can. Paypal credit allows 6 months no interest.
Reply With Quote
  #34  
Old 04-30-2019, 09:42 AM
BoneDigger's Avatar
BoneDigger BoneDigger is offline
Moderator
 
Join Date: Jun 2012
Location: Tyler, TX
Posts: 5,182
Default

I often buy new guitars. Most of mine (not all) were new when purchased. Every single dent or scratch was of my own doing.
__________________


www.mcmakinmusic.com
Reply With Quote
  #35  
Old 04-30-2019, 09:46 AM
BT55's Avatar
BT55 BT55 is offline
Charter Member
 
Join Date: Jun 2016
Location: NY
Posts: 1,438
Default

Quote:
Originally Posted by UncleJesse View Post
Actually, you can. Paypal credit allows 6 months no interest.


You are correct BUT you have to buy on eBay and you get 6 not 36 months 0% financing.
__________________
Taylor V-Class 814ce, 717e BE WHB, 520ce, 454ce, 420 Cedar\Maple, T5z Classic
Martin D18E Retro
Emerald X20
Rainsong H-OM1000N2
Voyage-Air VAD-04
Custom Les Paul
Hot Rod Deville 410, Fishman Loudbox Performer
Reply With Quote
  #36  
Old 04-30-2019, 09:49 AM
M Sarad M Sarad is offline
Registered User
 
Join Date: Jun 2006
Location: Bakersfield!!!
Posts: 1,278
Default

Retirement took the wind out of my sails.

Flush with acoustics: Santa Cruz, Merrill, Brondel, Northwood, Kenny Hill, Weissenborn, I took off down the electric path: Tele, Strat, SG, PRS, pedals, amps...

Now itís time to build a new fence, finish the back deck, and paint the house. New plumbing, electrical,and AC kept me from buying those 1930era Martins.
Reply With Quote
  #37  
Old 04-30-2019, 09:58 AM
beninma beninma is offline
Registered User
 
Join Date: Jun 2015
Posts: 635
Default

I seemed to advocate for buying new over used but the hilarious thing about my previous posts is I own 2 guitars and 1 of them I bought used at.. about 50% of the new price, and the guitar was less than a year old when I bought it...

I've owned 4 total guitars and only 1 was used though.
Reply With Quote
  #38  
Old 04-30-2019, 10:05 AM
6L6 6L6 is offline
Registered User
 
Join Date: May 2011
Location: San Francisco, CA
Posts: 3,935
Default

My experience in the San Francisco Bay Area where I live is like Rev Roy's post early in this thread. In short...

I've had excellent results selling high end acoustic guitars on my local CL. I will not ship any instrument and deal in cash only (all of my deals are done at either my local Police Station or my local bank for safety). Cash is king!

I think one reason people buy new is the (in the case of Martin anyway) lifetime warranty guarantee. That doesn't really mean much to me personally (I just bought a new '37 Martin D-28 Authentic with VTS yesterday), but I think it does matter to a lot of folks.

That said, I'm lucky to live in an area (Silicon Valley) where high paying jobs are enjoyed by many. Having disposable income for expensive guitar purchases is not an issue for these folks.
Reply With Quote
  #39  
Old 04-30-2019, 10:28 AM
blindboyjimi's Avatar
blindboyjimi blindboyjimi is offline
Charter Member
 
Join Date: May 2011
Location: SoCal
Posts: 1,052
Default

Iíve bought and sold here at least 50 times. This is THE softest market Iíve seen. There are a ton of super inexpensive single luthierís guitars that are at excellent prices. Last year I bought 5 guitars and this year Iíve sold 3. Of all the guitars Iíve had, Iíve only used a warranty twice on the same guitar, but thatís one of the very few I bought new. I figure at worst case itíll need a neck re-set which is $400 or so. If I can get a high end guitar at 50% off, then the warranty cost is already built in. Iíve sent 2 guitars back to their luthierís for new necks as I loved the tone, but not the neck. I was able to buy at low enough prices to still make it worth while and still much less than a new one and tax free which is 8% here.

Iíve paid dearly for a used Julius Borges guitar which are impossible to find. Heís retired so there will be no more new ones and a Bill Tippin OMT, which are also impossible to find, but Bill agreed to go over the guitar, set it up and polish it so it looks and feels new. To me those were great buys.

Iíve only bought new twice in 10 years for my cherished 000-18 Norman Blake (of which there were only 134 built) and a Waterloo WL-12 that the dealer just made me a great offer and it was such a stand out from the other Waterlooís which were all great. I got the standard 10% off, no tax and a great deal on a gig bag too. Shout out to San Diego Guitar and Bass.

I donít need to sell any guitars but I feel I price them fairly and Iím open to hearing offers. I donít need to buy either, but I check in every day in case a Brondel A-2 or Sexauer OM show up. There was just a gorgeous A-2 for sale and it lasted about 3 days. Well priced, rare guitar = easy to sell. Common guitars @ higher prices are harder to sell. YMMV.
__________________
Jim
Guitars from 1935 to 2018 by Borges / Fender / Franklin / Gibson / McAlister / Martin / Tippin / Waterloo
Reply With Quote
  #40  
Old 04-30-2019, 11:15 AM
RagtopGT RagtopGT is offline
Registered User
 
Join Date: Apr 2018
Posts: 200
Default

Quote:
Originally Posted by Rev Roy View Post
What I have often seen are people posting used guitars for sale at ridiculously high prices...typically more than you would pay to get the same guitar new from one of our sponsor. Those are the guitars that sit unsold for a long time...
Agreed.

I'll stick with Martin because I know their models, the dealers, and pricing. I can't speak to the other brands.

I think part of the reason for new outselling used, at least more recently, is that folks are finally getting wise to the deep discounts that dedicated Martin dealers are offering. Why would an informed buyer pay $2200+ for a 2 year old D-18 when he can get the identical guitar brand new with warranty for under $1900?

The deep discount availability isn't some new phenomena where a secret handshake and code words have to be exchanged. I bought my first Martin 15 years ago and a 40% discount was offered right up front.

So many buyers pay MAP that when it comes time to sell their Martin they price it a couple of hundred lower than what they paid, and there the guitar sits.

Chris Martin has said that Martin's biggest competitor is Martin. That may be true in the vintage market, but in these soft market days of the more modern Martins I suspect the competition is other manufacturers and in the case of higher end instruments, boutique builders.
Reply With Quote
  #41  
Old 04-30-2019, 11:30 AM
ManyMartinMan ManyMartinMan is offline
Registered User
 
Join Date: Mar 2017
Location: In The Hills, Off Mulholland
Posts: 3,439
Default

Quote:
Originally Posted by Rev Roy View Post
...What I have often seen are people posting used guitars for sale at ridiculously high prices...typically more than you would pay to get the same guitar new from one of our sponsors. ....
I price my used guitars @ 75-80% of street price. I don't have any guitars for sale and have never had one for sale over 30 days. The vast majority of the U.S., let alone the world, don't do business with our sponsors. So, if a guitar has an MSRP of $2,000 (arbitrary price), street price would be $1,500. Sponsor price would be around $1,200. If I sold that guitar used I would price it in mint/near mint condition for $1,200. Historically I would sell that in less than a week for sponsor new price or slightly less.

Remember, only an extremely small number of buyers buy, or expect to buy, below advertised street prices. Generally mine sell on Reverb or locally (Craigslist or word-of-mouth). There's no shortage of guitar buyers in L.A. I had a new Authentic for 2 years and sold it for about $20 more than I bought it for from a sponsor. So, for those selling at 80% of sponsor new price, you're leaving money in someone else's pocket.

Added: I have even purchased guitars being sold at "gotta go" pricing knowing I could resell it quickly locally for $500-$1,000 more than I paid. There's nothing wrong with giving a seller their asking price and then making money on it afterwards. I've actually bought guitars I knew were being sold too far below their "value" to get them off the market at a crazy price that could pull the value of mine down.
__________________
In My Opinion, The Dude.

Enough Guitars To Make A Living With....

Last edited by ManyMartinMan; 04-30-2019 at 11:35 AM.
Reply With Quote
  #42  
Old 04-30-2019, 12:44 PM
M Sarad M Sarad is offline
Registered User
 
Join Date: Jun 2006
Location: Bakersfield!!!
Posts: 1,278
Default

My Santa Cruz, Merrill, and Brondel are worth more than I paid for them new. The Northwood seems to have taken a beating.
Reply With Quote
  #43  
Old 04-30-2019, 01:30 PM
Rev Roy's Avatar
Rev Roy Rev Roy is offline
Charter Member
 
Join Date: Apr 2014
Location: Northwest Oklahoma
Posts: 3,523
Default

Years ago I was told by one of our most-respected sponsors that you can typically expect to buy a highend new guitar for 60% of MSRP, sell it later in excellent shape for 50% of MSRP or trade it in excellent shape for 40% of MSRP. Thatís pretty much how itís worked out for me in the five years Iíve been buying/selling/trading guitars. So for me personally the market has been more fair than ďsoft.Ē
__________________
Martin D-41 (reimagined)
Gibson J-15 Walnut Burst Limited Edition


Some Country Blues strumming on the D-41:
Reply With Quote
  #44  
Old 04-30-2019, 02:53 PM
Silly Moustache Silly Moustache is offline
Charter Member
 
Join Date: Apr 2006
Location: UK/EU
Posts: 15,048
Default

This is an interesting read, but I wonder how the market is in the UK/EU?

Some of you guys will remember the day you came home with a shiny new guitar and your wife/partner put her hands on her hips and gave you "that look" eah?

My wife has always been supportive of my music, and photography when I couldn't play, but there was "that" day.

I told her that my guitars would not lose value over the years and were effectively "wooden stock bonds" - which she could cash in when I die (or whatever) but now at 71 with hand issues, I'm thinking that the time is approaching, but I fear I'll be selling into a buyer's market, or worse, no market.

Thoughts anyone (in EU?)
__________________
Silly Moustache,
Elderly singer, guitarist, dobrolist and mandolinist.

https://www.youtube.com/user/SillyMoustache/videos
Reply With Quote
  #45  
Old 04-30-2019, 02:58 PM
Maryc-k Maryc-k is offline
Registered User
 
Join Date: Oct 2001
Location: north of Boston
Posts: 663
Default

It's very hard to get American-made guitars in the EU, from what I hear. I think you will find buyers. The person to ask is Trevor at Acoustic Music Company in Brighton.

As for hand issues, I have found a homeopathic cream, which is actually made in the UK, by a company called Helios, made of Ruta Gravolens, and Rhus Tox, has been very helpful. Give it a try. It can't hurt. It either won't work or you might get a few more years of pickin' in

https://www.helios.co.uk/shop/rhus-t...cream-30g-tube


As for sales, I am starting to wonder if it's who is selling the item (some shops have stuff just sit and collect dust, while if that same instrument was at another it would have been gone gone gone).
Reply With Quote
Reply

  The Acoustic Guitar Forum > General Acoustic Guitar and Amplification Discussion > General Acoustic Guitar Discussion

Thread Tools



All times are GMT -6. The time now is 01:07 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Copyright ©2000 - 2018, The Acoustic Guitar Forum
vB Ad Management by =RedTyger=