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Post by Phil on Sept 22, 2020 8:57:59 GMT -6
I'd like your opinions on how many $$$ I could reasonably expect to get for the following items.
I paid Current Price New
Fender Squier Classic Vibe 60s - $380 $400
Fender Mustang I v.2 amp $120 $140
Generic Hard shell case $60 $80
Gator GT Gig bag* $0 $110
TOTAL $560 $730
*I won this by watching Steve Krenz's show on YT.
So, I'd like to sell everything together as a package and end up getting $450. Everything is in excellent condition. I would also throw in some odds and ends like a little Behringer interface and a tiny Vox AC30 micro amp.
Am I expecting too much? What do you think should be my asking price? I plan on selling locally. I want nothing to do with packing and mailing anything.
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Post by cunningr on Sept 22, 2020 11:56:08 GMT -6
I'd like your opinions on how many $$$ I could reasonably expect to get for the following items. I paid Current Price New Fender Squier Classic Vibe 60s - $380 $400 Fender Mustang I v.2 amp $120 $140 Generic Hard shell case $60 $80 Gator GT Gig bag* $0 $110
TOTAL $560 $730 *I won this by watching Steve Krenz's show on YT. So, I'd like to sell everything together as a package and end up getting $450. Everything is in excellent condition. I would also throw in some odds and ends like a little Behringer interface and a tiny Vox AC30 micro amp. Am I expecting too much? What do you think should be my asking price? I plan on selling locally. I want nothing to do with packing and mailing anything. Phil you might try going to reverb.com see what the going prices. But based off what you paid and hoping to get might be in the ball park or little hi. I usually use the 50 percent from new as a starting point the up depending on condition. But if i remember reverb will have stats on the items. |
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Post by Marc on Sept 22, 2020 13:40:46 GMT -6
I used to try and buy at 50% of new street value. However I've noticed that that is not an option anymore. Stuff seems to hold it's value better than it used to be. It also does not seem to be just COVID-19. Of course Fender and Gibson always bring a premium. I would start with facebook market place and craigslist. I don't like shipping stuff. I'd use reverb and ebay as a last resort. I usually meet in a public place but I've also had people come by the house too. I might make a little Demo video too for people to see. just as proof that everything is in working order.
When I sell I price higher than I expect so i can knock off a little. Makes people feel like they are getting a good deal. I've had pretty good luck in the past. In my head I will have a bottom dollar I would take. I guess it also depends on where you live. You will have better luck selling if you split it up, But some things might not sell. I sold my Fender Mustang I v.2 amp for $90 a couple of years ago, (i got it for $30 which is cheap), but i also see them for sale for 120 too.
I would start at $470 and settle for $400 if I'm motivated. here is my high/low list if i was selling separately. It would make a killer set up for a new guitarist if you tossed in a tuner, a set of strings and a cable.
Fender Squier Classic Vibe 60s - $300-$350
Fender Mustang I v.2 amp - $90-$120
Guitar case - $40-50
Gig bag - $30-$50
Vox micro amp - $20-$30
Behringer interface - $50-$100 (for some reason audio interfaces are priced almost at retail used)
You can also try seeing what Guitar Center or Music Go Round will give you. My guess it would be pretty low, but if you just want to get rid of stuff that is an option. My local guitar center was really bare of guitars especially anything under $500. The pawn shops I've visited were as well. It might be a good time to sell.
Good Luck
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Post by bluesbruce on Sept 22, 2020 16:59:59 GMT -6
Quick web search suggests the guitar (used) is being listed for $350 and the amp for about $80. This collection of stuff sounds like a great "starter set" - the kind of thing a parent might be looking for at Christmas, and that's probably how you should advertise it. Anyone who already plays might be interested in an individual piece of this stuff, but probably would not want the entire collection. Selling it locally will save a potential buyer the shipping cost and the sales tax, but does limit the size of your market. I agree with Marc - throw in a cable, but I would not feel compelled to throw in a tuner - they can get one for free on their cell phone (and the amp may have one built in - I don't know). Throw in some picks (every one has a bunch of old picks in a drawer somewhere, don't they? - heck, you don't even use one anymore!). Hey, you can even make a little advertisement video - maybe of you playing "Rakin' in the Funk" on the guitar and amp... But seriously, I think $450 for all of that is quite reasonable. Probably your best comparison pricing is what kind of "starter package" can someone buy from Amazon or from any local music store in your area?
After writing the above, I did search Amazon for starter electric guitar sets. Most of those are pretty scary... in the $150 to $200 range. I think you've got to stress that this is an actual musical instrument and a decent little amp with some functionality - a demo video could go a long way here to demonstrate that this can actually be played. I also found a statement that this amp DOES have a tuner.
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Post by Phil on Sept 22, 2020 20:13:58 GMT -6
Thanks all the detailed input,guys. It looks like my estimate of 400-450 is in the ballpark. I got the current prices from Sweetwater and MF. I'm thinking I might have a little problem convincing people that a Classic Vibe Squier is not the same as a $120 Squier, but I'll deal with that. I definitely want to sell locally - probably Craig's List and FB. If I have to pack and mail I'd rather dump it all at a pawn shop. However, I know I'd get next to nothing from pawn shop. There was a point in the mid 90s when I was desperate for a job and I worked in a pawn shop for a few months. It was the worst job I ever had and at the same time the most educational. Their goal was to buy stuff at 1/4 - 1/3 of what they thought they could sell it. So, here's Phil's tip of the day if you ever have to sell something to a pawn shop. The first question they always ask is, "Do you want to sell or get a loan (pawn it)?" You'll always get more if you tell them you want to pawn it. The more you act like you're really attached to the stuff the more you'll get because they'll believe you'll pay the interest and eventually retrieve the goods. With a dirty business you have to play dirty.  |
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Post by jack1982 on Sept 23, 2020 5:50:31 GMT -6
I agree with what everybody else has said, ask $450 but be willing to take $400 or whatever your bottom line is. Like you said, the fact that it's a Squier may be problematic - people who know nothing about guitars may think "Well I walked into the guitar store and the first thing I saw was a brand new Squier for $100, and this guy wants several hundred for a used one?"
I very much agree with the idea of making a video - advertising is everything. Put a mic in front of that amp, get the best sound out of it you possibly can, then use all your production skills in Reaper to make it sound spectacular.
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Post by bluesbruce on Sept 23, 2020 6:21:48 GMT -6
I agree with what everybody else has said, ask $450 but be willing to take $400 or whatever your bottom line is. Like you said, the fact that it's a Squier may be problematic - people who know nothing about guitars may think "Well I walked into the guitar store and the first thing I saw was a brand new Squier for $100, and this guy wants several hundred for a used one?" I very much agree with the idea of making a video - advertising is everything. Put a mic in front of that amp, get the best sound out of it you possibly can, then use all your production skills in Reaper to make it sound spectacular. In a video you could also address the difference between this model and those $100 Squier models - you could also point out some of the features of the amp and why it is better than a lot of those bargain "starter package" amps. Someone with a little bit of knowledge about guitars and amps will "get it" and see that this is really a very good deal. |
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Post by Phil on Sept 23, 2020 7:34:08 GMT -6
Are you guys actually telling me that should make a video? At the rate I've been uploading videos it'll be another 3 years before I get around to it.
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Post by cunningr on Sept 23, 2020 7:46:02 GMT -6
Are you guys actually telling me that should make a video? At the rate I've been uploading videos it'll be another 3 years before I get around to it. Video is a great idea, I bought a really rare Kenwood turntable off ebay and the guy had videos linked show it playing ect... Help me go for the purchase. |
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Post by Marc on Sept 23, 2020 15:03:38 GMT -6
Are you guys actually telling me that should make a video? At the rate I've been uploading videos it'll be another 3 years before I get around to it. I the era of COVID19, I think it's worth the effort. Even if is just a phone video. If i see proof that something is working as it is expected I am more open to swapping at a Walmart parking lot. Otherwise i just want to see it working in person. Just a thought. |
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