re-sell price?

[laura]

Hi. I'm having to reluctantly consider selling my MM blues. It's a 14 fret, 2 years old, rarely used and in good condition. I haven't seen any on Ebay or anywhere else so don't have an idea of the current value. I know everyone says this but I really need to get as much as I can for it o.0 Can anyone help with a sensible asking price? Many thanks, Laura

[bod]

Hi Laura, looking at completed ebay listings (just tick the box for this option when searching ebay) will give you a sense of what things are actually going for (a 12 fret MM Blues said to be barely played / near mint recently went for a shade under £450.00 + delivery charge).

[oldpicker]

It might be worth advertising it on this forum first, as there are no charges to pay when your kit sells. If you advertise on eBay and receive payment via PayPal it can cost. I think they have just put up their charges recently.

[zak71]

Aug 5, 2014 14:12:46 GMT oldpicker said:

If you advertise on eBay and receive payment via PayPal it can cost. I think they have just put up their charges recently.

No, the charges are not new. Ebay has always taken a cut.
Their are nominal listing fees which depend on how many (and which) categories you list in simultaneously, length of the auction, starting price, and Buy It Now price (if any). If your item sells, an additional sum is collected in the form of a percentage the final sale price by ebay and paypal. You'd pay a consignment fee at any shop, and ebay gets more traffic than any shop on the planet.

As for sale price...well, ideally we'd all like to pay as little as possible and sell for as much as possible.
The former happens more frequently than the latter, when it comes to modern instruments.
The sad reality is that any non-vintage/collectible/rare instrument purchased new, even with the standard retailer's "discount off the manufacturer's suggested retail price" (which in turn is a fictional price) is going to lose roughly 30% or 40% value (depending on how readily available it is, vs how readily available it is from "discount" suppliers online, vs demand, etc) the moment it becomes yours, regardless of it staying in mint condition.
It's an unfortunate reality of the market.

[laura]

Thanks, Bod. I haven't used Ebay for years and I forgot you could search the old listings. I'm going to try and sell locally if I can (currently in Ireland). If I've no luck here I'll put it up on the forum and look into shipping costs to the UK or leave with a friend when I'm next over. Thnks again all.

[spatsdavenport]

Hi, are you still considering selling the MM? I'm in Dublin if that helps.

Spats.

[spatsdavenport]

Also, if you don't want the hassle of shipping abroad, you could talk to Some Neck Guitars in Dublin. I've no vested interest in the shop but have had some very satisfactory purchases and sales there. Of course you'd get less than selling privately, but shipping would be a lot less.

Hope this is helpful,

Spats.