How much is your limit?

Thundermtn

Thundermtn

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What is the most amount of money you would be willing to loose in depreciation on a new guitar?
Even if it's a guitar you have wanted for a while.

Seems all the Gibson CS stuff is taking a horrendous hit. Boutique stuff is worse. Where do you draw the line, even on nice stuff with killer tops? When it costs $4k just to buy one and see if it gels, it is that even sane to buy it in the first place. Seems like for the the most part second hand guitars had better be something amazingly special and in demand for them to sell for much over $2K used.
 
How much is your limit?

I don’t usually buy high end guitars with resale value in mind. No offense at all intended, but im a player. I don’t collect them.

That being said, I don’t know if Gibson is as hurt market wise as it seems. They always sell.


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Re: How much is your limit?

astrozombie said:
I don’t usually buy high end guitars with resale value in mind. No offense at all intended, but im a player. I don’t collect them.

That being said, I don’t know if Gibson is as hurt market wise as it seems. They always sell.


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Click to expand...

This describes me. If I am paying that much...I better get exactly what I want. And I am keeping that for life.
 
How much is your limit?

I don’t think about resale value because I rarely resell guitars. Unless they are vintage.

I buy instruments to play. Used guitars are always cheaper. I haven’t bought a new instrument since 1987! That was my Ibanez SR-885LE which cost around $800. I still play that bass


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Re: How much is your limit?

Ya mon, me too. I'm done paying huge bucks for guitars. I have a Custom Shop Gibson LP, and it is an incredible guitar. I bought it used, in player condition, so I didn't have to pay premium for it but it was still a lot of money. I'm sure there are some out there that can afford these things, but I won't be buying another one. I've arrived at the age where ya gotta enjoy what ya got and quit stretching for more.
 
Re: How much is your limit?

I hate to spend over 1k on an instrument
But like they said above, if I do its gonna be exactly what I want and I'm keeping it for a long while
 
Re: How much is your limit?

800€, possibly... Just the guitar, not counting parts I might change.

I have planned Warmoth guitar I'm going to build some day, but it would cost me 1200€, so I probably just build it from scratch or used pieces rather getting anything from them....
 
Re: How much is your limit?

buy used...search and wait until a deal shows...so far am ahead of the game...answer = $0.00 will to eat in depreciation...patience is the only way to go with most purchases...
 
Re: How much is your limit?

I don't buy new. As stated above; search the used market and wait for a good price on what you want. Most I've paid was $1,650.00 for an '82 LP probably 10-15 years ago and I would have gotten it for $1,250.00 had someone not beaten me to it and immediately put it back up for sale. It was my first real LP.
 
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Re: How much is your limit?

I have only bought one guitar brand new. It was my 2012 LP Standard. I traded a bunch of stuff and it was on Black Friday so I got it at a decent enough price. All of my other guitars were bought used.
I don’t often buy with any intent to resell but I will sell stuff that I don’t use and just hope to get the most I can for it.
I got beat the f*ck up on an amp a few years ago though...
 
Re: How much is your limit?

I recently took a huge hit on a bunch of digital gear I got rid of, but didn't care. I used it to it's fullest for 7 years and sold it for enough to buy everything I wanted to get to replace it with and then some.

It's so rare that I sell stuff, that I don't really think about it at all. I recently sold an acoustic and electric guitar and they were both basically gifts, so I lost no money on the deals at all.

Like someone else said, I buy stuff to play it. I don't buy with the though of eventual resale value. I figure if I "lose money" on something, I will have used it enough that it is really not even worth thinking about. I'm also the type of person who will sell anything I don't use. If it sits there for a couple of years, I'd prefer someone else have it and use it.
 
Re: How much is your limit?

I build my own guitars, so the loss is almost total on any guitar should I ever choose to sell one.

Doesn't matter.....they're made to be played not traded.
 
Re: How much is your limit?

I will buy new or used. It just depends on what I’m looking for, what’s available, and how much I can spend. The most I’ve paid for a guitar was $1,900 + tax, and my realistic limit is probably about $3,000. I don’t worry about resale because I never buy a guitar with intent to sell it. I have sold guitars, but it’s usually on consignment or trade. I’ve ranged from nearly getting my money back to coughing up big sticky clots. I still have the two most expensive guitars I’ve ever bought. And the cheapest. And a bunch of the others.
 
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Re: How much is your limit?

Thundermtn said:
What is the most amount of money you would be willing to loose in depreciation on a new guitar?
Even if it's a guitar you have wanted for a while.
Click to expand...

Everything I payed for it, regardless of price.
I buy it to play it. If ti does its job it's a keeper. The end.

For everyone else - musical instruments are fickle/personal things. My advice - never spend more than you are willing to lose. Some people can't afford to lose $100, some can afford to lose $10k. What I can afford has no bearing on you.
 
Re: How much is your limit?

I'd probably buy a brand new Fender Custom Shop N.O.S. guitar or bass in the approx. $4,000 price range, if I just so happened to have the dough free and it really spoke to me. That would probably lose half its value even if it was locked in a closet and never played.

I probably wouldn't go beyond that for a brand new guitar, and even that's an exceptional case for an exceptional instrument. Normally, I'd probably not go far over $2,000, and that's for something in the [now discontinued] Fender American Vintage line. Those probably take a 20–30 percent depreciation hit.

FWIW, I normally buy instruments not considering depreciation, and I *very* rarely sell. They are not financial investments to me. They are tools of my hobby, that pay for themselves through use and enjoyment.
 
Re: How much is your limit?

Most of you are answering pretty much inline with how I do things 99% of the time. I take my time, play a bunch, find the keeper and don't look back. I have never sold or traded a guitar.

However GAS has got me the worst it's even been with a long term, not a whim type of guitar. Laying out $6K for an axe that is damn near unobtainium, with used examples going years without being found for sale, with zero opportunity to try before I buy has me shook.

There's no culling in this instance, I'll get what I get and if it's less than mindblowingly amazing the buyers remorse will be epic with four large that just vanished. I've played dozens and dozens of historic Gibson's before finding one that was worth the money but those are relatively safe on resale compared to this thing that's under my skin. This thing is like triple what I usually call the ceiling on price. I'm going FN crazy about it for two weeks now
 
Re: How much is your limit?

Which Gibson customs are you talking about? Things like the Boogie Van Les Pauls or Historics? The Historics seem to hold their value decent from what I’ve seen.
 
Re: How much is your limit?

I could give a rat’s ass about resale value or depreciation on guitars. I buy what I like with the full intent of keeping it and playing it.

I guess I would consider myself a collector at 18 guitars, but not as an investment... I just enjoy them.
 
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