Re: Les Pauls over priced?
My previous posting was not a specific response to anything on this board, just justification to my way of seeing that Gibson guitars are overpriced. I would say a great deal of products that consumers purchase have a pretty high list price to materials cost ratio. It's up to each individual consumer to decide in any given circumstance if it is worth it. For the record, I don't purchase Nike shoes, either. The same website lists:
2 piece Swamp ash body blank - $65
Alder body blank - $63
Maple neck blank - $20
Rosewood fretboard - $8-$10
Fender also winds their own pickups, and I would guess that hardware is roughly the same cost. It looks like the cost of materials is not too far off between a Strat and a Les Paul. Certainly, a Les Paul takes more workmanship to construct than a Strat, with the carved top, binding, glued-in neck, and inlays, and does require more wood with the maple cap. I think Gibson is absolutely justified in charging more for a Les Paul than a Stratocaster. Just not as much as they do. Perhaps a way to judge whether something is overpriced is to estimate the cost of materials and amount of workmanship to make a product. This, again, does justify Les Pauls costing more than Strats, but not that much more. Again, I fully believe in capitalism, they can charge what they want and you are free to pay it. I just personally feel that there are companies making guitars with comparable materials and comparable workmanship that are a significantly better value. They just don't say "Gibson" on them. The other thing about this and my previous post is that I have absolutely no idea how much it actually costs any guitar company to produce a particular model. I'm sure that they get tremendous discounts on supplies, but there are certainly costs about which I have no idea. I just thought it was interesting that Gibson turns what looks to be several hundred dollars worth of suplies (at least, it would cost me several hundred dollars) into an instrument that lists for $4495. There just can't be that much labor, and undoubtedly, the machinery can't cost that much to purchase or operate.