Tuesday, February 14, 2012

Why do guitars and amps in perfect mint condition sell for so cheap on Ebay?

I have a mesa boogie stiletto head I bought in early 2005 in perfect condition and was thinking about selling it on ebay. I bought it for $1,600.00. The highest I have seen one of these amps in mint condition go for is about $1,000. Is this market not popular on ebay or what?

Why do guitars and amps in perfect mint condition sell for so cheap on Ebay?
Many sellers use eBay as a garage sale and are happy to get whatever they can for an item. Many buyers are looking for a bargain. They know the can pay $1600 for a new one at Guitar Center with a warranty, but they would rather pay $1000 for a slightly used one without it.



As for selling your amp – you have to figure out what is worth to you or how bad you need the money. If you feel you cannot take a $600 hit on it, than keep it…if you need to unload it for cash…well you might have to.
Reply:Maybe they are stolen.



I know someone who sold $40,000 worth of glassware on e-Bay last year. That was more than 1200 sales. She only broke even. She said that it is her hobby.



If people are willing to sell at prices so low that they make no profit, they lower prices for everyone.
Reply:you might have gotten ripped of. either that or people don't want to pay that much for a newer guitar because vintages are usually more expensive.
Reply:There is the shipping costs, the risk of being ripped of on ebay, and the risk thatthe amp will be damaged in transit. All those will affect potential bidders willingness to bid.


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