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trade-ins

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(@primeta)
Prominent Member
Joined: 21 years ago
Posts: 836
Topic starter  

Is there a rule of thumb for trade-in evaluations? That is an average percentage of retail value if still in good condition? I'd like to have some idea before I go into the store.

"Things may get a whole lot worse/ Before suddenly falling apart"
Steely Dan
"Look at me coyote, don't let a little road dust put you off" Knopfler


   
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(@katreich)
Prominent Member
Joined: 20 years ago
Posts: 686
 

In my experience, you're lucky to get half of what you paid for it.

Falling in love is like learning to play the guitar; first you learn to follow the rules, then you learn to play with your heart.

www.soundclick.com/kathyreichert


   
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(@davidhodge)
Member
Joined: 16 years ago
Posts: 4472
 

There is a "blue book" for guitars, just as there is for cars, but the bottom line (no pun intended) is that, monetary-wise, a guitar is only worth what someone else is willing to pay for it.

The retailer is going to give you as little as possible and try to sell it for as much as possible. You're usually better of selling something yourself rather than trying to trade it in.

Peace


   
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 Mike
(@mike)
Famed Member
Joined: 20 years ago
Posts: 2892
 

The retailer is going to give you as little as possible and try to sell it for as much as possible. You're usually better of selling something yourself rather than trying to trade it in.

I agree, your best bet is to sell it yourself. They will try to lowball you to no end.

Another point, some people (maybe you in this case) think they have a great piece because they've owned it and have grown attached to it (not saying your axe isn't good). The problem with that is, if you try a trade in, the sales person could care less how much you liked it. All they care about is the money they will get for it.

I vote for selling it on the side.

Either way, Good luck,

Mike


   
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(@nicktorres)
Illustrious Member
Joined: 16 years ago
Posts: 5381
 

It's all about will it resell.

I've got a good contact at my local GC and when I get the urge to get a new guitar we work something out. Generally with a used trade I get all but $100 or $200 of what I paid.


   
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(@mattypretends116)
Honorable Member
Joined: 21 years ago
Posts: 530
 

Generally with a used trade I get all but $100 or $200 of what I paid.

Thats amazing. Usually I'm lucky to get back that much

"Contrary to popular belief, Clapton is NOT God. The prospect that he is God probably had a large hand in driving him to drugs and booze. Thanks everyone."

-Guitar World :lol:


   
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(@nicktorres)
Illustrious Member
Joined: 16 years ago
Posts: 5381
 

I bought a used Breedlove SC20K for about $1300 and traded it back in for $1200.

It's much harder to get that close when you buy new.


   
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(@primeta)
Prominent Member
Joined: 21 years ago
Posts: 836
Topic starter  

It's a used one I'm thinking of letting go. Actually the Guild D4 a-e dreadnought. I guess the best strategy is to go talk to the guy and if I don't like what I'm hearing, I'll post it in the Swap meet. Unless someone has a better idea?

"Things may get a whole lot worse/ Before suddenly falling apart"
Steely Dan
"Look at me coyote, don't let a little road dust put you off" Knopfler


   
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(@mattypretends116)
Honorable Member
Joined: 21 years ago
Posts: 530
 

Ebay :D

"Contrary to popular belief, Clapton is NOT God. The prospect that he is God probably had a large hand in driving him to drugs and booze. Thanks everyone."

-Guitar World :lol:


   
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(@nicktorres)
Illustrious Member
Joined: 16 years ago
Posts: 5381
 

What did you pay for it used?


   
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(@primeta)
Prominent Member
Joined: 21 years ago
Posts: 836
Topic starter  

US475 plus shipping and taxes and it's been repaired/professionally set-up since then. I hate the thought of letting it go, but I'm running out of cash/room for a lapsteel.

"Things may get a whole lot worse/ Before suddenly falling apart"
Steely Dan
"Look at me coyote, don't let a little road dust put you off" Knopfler


   
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(@nicktorres)
Illustrious Member
Joined: 16 years ago
Posts: 5381
 

What was the repair and I'll give you an idea of it's value.


   
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(@primeta)
Prominent Member
Joined: 21 years ago
Posts: 836
Topic starter  

fret dress, the end wiring, and the battery compartment which was flopping about. Hmm, I'm beginnning to talk myself out of this, but I do't know how to deal with the space issue. But yes, please give mean an estimate. :)

"Things may get a whole lot worse/ Before suddenly falling apart"
Steely Dan
"Look at me coyote, don't let a little road dust put you off" Knopfler


   
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(@peaveywolfgang5150)
Estimable Member
Joined: 20 years ago
Posts: 128
 

wow that means that my store daddys junky music is amazing, i bought a $215 guitar and got $160 back


   
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(@nicktorres)
Illustrious Member
Joined: 16 years ago
Posts: 5381
 

$375 easy, $400 with a little patience.


   
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