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The used guitar gear market is crashing....

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6 сен 2024

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Комментарии : 475

@codyblakeney5753 Год назад

Reason #4: People are tired of paying high (damn near scalper) prices for used gear.

@axeslinger44 Год назад

It has gotten absurd. Not only in the price, but the condition that the seller will list items

@lococomrade3488 Год назад

Marx's Commodity Fetishism...

@Vazaqin Год назад

I sold 4 guitars in the last 6 months and definitely took a loss. But knowing that someone out there is going to play them instead of collecting dust, sits very well with me.

@MiguelMakesMusic Год назад

that's a good mindset. what kinda guitars were they? imports or usa stuff?

@JamesSClapperton Год назад

Good on you, man. Sometimes, it worth the loss just to have had and played them and then to make someone else happy.

@mikehunt576 Год назад

dont worry about what white money man says (and he does love showing off the money in him) which seems very insulting and racist if you black like me cause we are human not apes evolved but any how, he is using fear mongering about used gear, I love buying and selling used gear, especially pedals.

@IZE83L Год назад

Mine sit in a rack and that helps inspire to pick each one up at different times... player guitars . No case queens. But I found if I kept them in cases they definitely got ignored. Like my jackson Kelley till today lol

@brandonharris9160 Год назад

Bro is your name a Kalmah reference

@mattcallaway7164 Год назад

Not sure how I feel about all this. I lost all my gear in 2020 when my house burned down and getting decent used gear since has not been easy due to the prices. But, I hate to see people lose money trying to sell gear in a buyer's market. In the past I'd only sell gear when I REALLY needed money, so people now in that situation, not a great thing.

@Jeff_HellensBridge Год назад

Please tell me your home insurance covered most of it

@mattcallaway7164 Год назад

@Jeff_HellensBridge Unfortunately no. Not sure it would have made a difference anyway, I didn't have super expensive gear, it was more cool used stuff that I had accumulated over the years and sentimental stuff, rather than the kind of gear I could just order from Sweetwater if I had the money.

@scramblesthedeathdealer Год назад

@@mattcallaway7164Sorry to hear about that man, glad you're ok, though.

@PNWGuitar Год назад

That's good news, I couldn't stand the inflated prices bur the sad part is most of this is due to the rising inflation and no one is buying

@gabrielstevens41 Год назад

The inflation rate has been dropping for months now. It peaked at around 9% and now is at 4%

@beefnacos6258 Год назад

People that didn't even play were buying, people that didn't even play that had money were buying thinking that they were collectors only to realize they weren't. Good the market needs to balance back out.

@SluggerStark Год назад

Ya, people aren't buying like they used to, that is for sure. I have a Bogner Ecstasy listed locally for pre COVID prices...not getting a sniff. Not even any offers! 😢

@derekwoods8199 Год назад

Same here. I’ve only bought one guitar in the past 3 years bc I can’t stomach the used prices, knowing what they were prior. The one I bought was from a Gibson employee so it was extremely fairly priced of course, but all of the pieces I’ve wanted to add going for 20-40% more than their value in 2019 has been tough to see. Hopefully it balances the industry back out and doesn’t go too far

@michaelrains64295 Год назад

@@gabrielstevens41what you meant is that the REPORTED inflation is ALLEGEDLY dropping. Which is false.

@ricdale7813 Год назад

Been holding off on gear purchases for over 3 years and squirreled away a few bucks for when and if the Market comes down. I bought a Peavey 5150 8 years ago for $400 sold it for $500 a year later. Today folks want $1200 for that exact amp.

@derekwoods8199 Год назад

Yep. Bought my 1990 Mesa Mark IV head for $800 in 2017 and an “artist” grade CU24 for $1850 in 2018. Prices that are reasonable and obtainable. Fast forward to 1 year ago Mark IV’s were going for over $2k 😂. Stupid

@asnark7115 Год назад

Same. I bought one with now marks or rust, new Sovteks and caps for $450 in '16 or '17.

@ahahahaha496 Год назад

Haha there's a guy around here that wants 4500 dollars for his half stack 5150. A head that can be bought new if you don't care that the badge reads 6505 for 1700 and it's paired with a cab most people don't want. 4500 bucks. It's been listed for at least 6 months now....😂

@Haunting1981 Год назад

Inflation destroys savings and disposable income, nuff said.

@revnichols1 Год назад

Sorry Kyle, but I like watching the used market crash. I’ve seen it happen in the past. Back in 2008 when the housing market crashed so did the used/vintage market. it needed a correction then it needs a correction now. But your analysis is spot on.

@totalbullion5882 Год назад

The difference this time is inflation. There will be some deals, but once the deals are gone and things stabilize prices will be permanently higher on everything.

@DM-il1hf Год назад

Inflation is down to 4% from 9%. Used gear has dropped way more than. 9%.

@apstech4618 Год назад

@@DM-il1hf Maybe in the Democrat Twilight Zone bud. Not in America. Inflation is actually around 30%. Stop listening to CPI idiots and democrats.

@JM-5150 Год назад

Biggest problem on Reverb, people lying saying it’s damaged to get a return. To get it back to find nothing wrong with it.

@OriginalItsFly Год назад

People were trying to sell obviously broken Teisco's for over 300 bucks at the height of the gear hype which is insane! I'm glad that there's a correction coming because the hyper inflated prices were really pricing people out of having cool cheap gear which you could throw around (with minimal regret.)

@goth_ihop Год назад

⁠@@brandonharris9160damn, who hurt you? 😂

@norriszappa25 Год назад

I think a big part of it is exactly what you said. People took up guitar during the pandemic and now have no time for it as things get back to normal. Also, i think a lot of folks are switching to modelers and getting rid of their amps and pedals

@breakdown7153 Год назад

As someone who is just getting back into playing music after almost 15 year hiatus I have been extremely happy with my used gear scores. I feel bad getting stuff so cheap but it is what it is and admitedly I have paid more than asking a couple times and still made out like a bandit. I appreciate it and have worked/cleaned up everything and I use it all almost eveyday. Sucks stuff is so cheap and people are losing cash but, now is the time to start a budget collection if you are into guitar etc. Great video!!

@ChuckNicholsonTRM Год назад

As a vintage guitar dealer I haven’t seen a slow down in that segment of the market. So far this has been a very hot season. In the pre-Covid era the summer months were generally a slower period for me. So far this year has not been that way at all.

@JamesSClapperton Год назад

My buddy owns a very popular vintage guitar store as well and he said the same. It’s just not the same market as normal players gear. Folks that can afford those instruments generally aren’t going to be as affected as the rest of us.

@ChuckNicholsonTRM Год назад

@@JamesSClapperton while I think there is a lot of truth in that, some portions of the vintage market took a pretty good hit in 2008. Portions of the vintage archtop market have only recently been reaching levels it was at in the 1990s.

@peterharrell7305 8 месяцев назад

What is the modal age of the buyers?

@ChuckNicholsonTRM 8 месяцев назад

@@peterharrell7305I don’t ask for demographic data for my customers, so there’s not way I could tell you.

@MuayThaiDreadlock Год назад

cant go as far as to say its greedy to want the most for your valuable merchandise, but allowing someone to experience what we have as veteran musicians is dope af. thanks for sharing, well put together

@DomSchu Год назад

I think we're really reaching the turning point of modelers/plugins being more used or valued than analog gear. Just as the older guys age and younger players become more interested in cheaper, and lighter modelers. Wouldn't be surprised if those vintage Gibson, Fender, Marshalls that were worth 100s of thousands previously start dropping in value.

@nickmandleberg Год назад

Not really, it's simply a reflection of the global economy. It's cyclical. Watch when the next boom begins how much more classic vintage hardware and quality real equipment increases. You'll never ever make money buying a licence for a plug in. Modellers will always decrease. Remember Line 6 pros? Look how much they depreciated. Kempers will follow the same pattern because behind the software they are merely metal containers and software always becomes outdated. A vintage Gibson will always retain value but in tough times people buy less so its natural prices falter.

@camshash Год назад

Not agreeing or disagreeing, but would like to add that selling plugins/vst is way less practical than physical gear. For example, If I wanted to sell omnisphere, not only would I have to make sure every session I have used it on is committed to audio so I dont lose it, you have to pay a license transfer fee for it, and some developers dont even allow license transfers.

@pigxstix Год назад

I flip a lot of personal gear and have definitely noticed that it’s getting hard to sell stuff right now and stuff I’m looking to buy just sits unsold, but also prices aren’t coming down so it’s just stagnant.

@BigTyronie Год назад

My guitar store has a stiletto trident stage 2 and two 4x12 in matching croc tolex. I love those amps so its not garbage to me. But his price was lower and i asked if he wanted to sell the head and he asked 100 less than for all of it. Now its almost doubled in price and he keeps asking me “you wanna buy that stiletto stack?” I dont have the heart to tell him “yea for 500 less than your original price”.

@eternalvernal1286 Год назад

Yes.... this is the problem right now to where nobody wants to go low but the value has actually decreased because of the economy, and I'll just say it, it's the Democrats ridiculously stupid economic policies that have drove us into this mess. Not trying to be political but everybody knows as soon as Trump comes in all markets will go up just like they did the last time he came in. As soon as he left everything started tanking. Again, not trying to be political but it's impossible not to do so to tell the truth. The truth is is the reason this is happening is because of democratic policies. If you want to debate me I don't mind at all and I will talk to you about it but I don't want to argue, it's just my opinion. Thanks

@callthemall Год назад

Honestly, I don’t understand how your channel is not bigger than it is. I listen to every single one of your videos, and there’s always good information. The personality is great, it’s authentic, and it’s entertaining! Keep up doing the good work, I believe in you!

@spoonerluv Год назад

It just takes time. Kyle will be a big figure in this space if he keeps going.

@mjbdough7920 Год назад

I agree!

@buhimoth Год назад

I've been following Kyle for a little while and his channel is growing pretty fast!

@psycheadfuzzfreak830 Год назад

This is a bot comment 😂

@27retrodaze Год назад

I am apparently not following the trend... In the last 60 days Ive bought a PRS MT15, a Randall RG1003, an Orange Micro Dark and about 5 different pedals... And Ive sold nothing in that time... 🤘

@JVMC_ZR1 Год назад

That's great! Everything I buy is something I know I'm going to keep, even when it's used. I just think most musicians don't really know what they want and constantly buy and sell.

@kevinerickson84 Год назад

Bingo!

@kookoogearkook Год назад

Peavey 5150 Block Letters and Mesa Boogie 2ch Rectifiers (all the revisions) are highly sought after ! They will not go down in value by any stretch of the imagination folks. They will actually go up. Buy them while you can folks!

@toblessedtobestressed9107 Год назад

I agree that prices are going down 👇 I just picked up a Heafy orgins LP for just over $500 used. Get this it was brand new still had the plastic on the pickups. New they go for $1099 new

@TonyThomas10000 Год назад

I think the tube amp market will continue to soften as tube prices go up and as people move to modelers and profilers.

@rangle187 Год назад

The tube amp market is get super soft. Time to pick up that amp you've always wanted lol.

@TonyThomas10000 Год назад

@@TheBoss0Time "Not as good" is a very subjective thing. Tube amps are expensive to buy, maintain, repair, and transport. You can get modelers and profilers for a fraction of the price, and many artists are now using them on stage and in the studio. With the advent of inexpensive (Tonex) and even free (NAM) profilers, and other software options, tube amps are becoming more difficult to justify. Add to that the current economic situation, high interest rates, and shrinking musician income, and you have the perfect storm for the diminution of the tube amp market.

@TonyThomas10000 Год назад

@@6stringlord I stand by my statement. Many artists can't afford to travel with backlines anymore and a guitar, pedalboard, and modeler are much easier to transport. Of course, there are exceptions like Joe Bonamassa and Brad Paisley. And many artists find modelers and profilers good enough to get the job done. I watched a video today with Guitar Junkie and Mike Britt (Lonestar) and he mentioned how playing his Kemper makes him forget he is using a profiler.

@TonyThomas10000 Год назад

@@6stringlord There are only 3 tube factories left in the world. And only one is not in Russia or China. From a recent article in Premier Guitar (5/23): "“It has been a big deal,” Sweetwater’s Monroe says, sighing. “In some cases, we even had to take products off the web. There was no way we could deliver." AND "“It’s a difficult needle to thread,” Monroe says. “There are a lot of tube amp users out there that need to service their existing amp. We can’t provide that because all the tubes are going to new amps. Yeah, we want to sell more amps but, at the same time, we want to take care of those customers.”

@TonyThomas10000 Год назад

@@6stringlord John Nathan Cody posted a new video: "John Mayer Used a Fractal FM9 Live - Is Modeling Taking Over?" LOL!

@planetofamps Год назад

Ya know what's killing amp sales? Software, profiles / irs. Check those sales and then compare to physical amps or gear. And I'll add, nobody seems to want to lug bigger around, and are ok w running direct to the pa, which is sad cause there's nothing like a half or full stack pounding a stage..

@SlyHikari03 Год назад

I miss when Rectos went for $800 and 5150/6505s went for $500. 6:40 I did this too, I have so many pedals I don’t even use, I mean, they have a certain charm, but most of them start to sound the same.

@JonathanHiller Год назад

I was told no new EVH dealers will be opened up for at least a year by the rep for our area. THAT's likely why the EVH stuff is high, because not many can get their hands on it at the moment. Honestly, this is probably better for current dealers, though, at least the market isn't flooded to the point that dealers have to give it away to sell it. I owned a guitar shop for 22 years starting in 1990 and was a Crate amps dealer for the first 3 years of that. I dropped them after year 3 because there were NINE other guys the rep had opened up as dealers within a 40 minute drive of me, and I am in rural southern IL. NONE of us could sell them without giving them away. I bailed and went for other lines and I wasn't the only one who did.

@PikaStu666 Год назад

I pretty much only buy used gear these days. I know with guitars it can be a bit of a lottery, but I’ve been lucky with the three I’ve bought over the last couple of years. Amp heads, digital modellers, there’s bargains to be found.

@markbrooks8623 Год назад

Good. The prices in the used market were ridiculous and unjustified. Now we can have a good reasonable used gear market.

@AndyDion Год назад

Music equipment is a luxury item. Those types of goods always go on discount first before a recession. Look at watches and purses, they are going down in prices as well. When Recession comes, more supply will come and prices will go down.

@kevinbirge2130 Год назад

The IRS Gestapo coming after 600 or more a year took me out. By the time I pay ebay or Reverb, PP gets their chunk AND get taxed? I can’t even break even. I had a set amount I kept tied up in gear, I just kept rotating things through and basically broke even. To hell with it.

@marcustate3513 4 месяца назад

It’s like the housing market! When the prices of homes got too high people start buying condos, but then once the market turned around, the house is retain their value more than the condos so those who bought late we’re stuck with condos that were worth less. So the moral of the story is just don’t buy the mediocre stuff get the quality high-end older stuff if you’re buying used and in the long run that only will it be a better quality instrument it’ll retain his value.

@jeffreya-bomb7313 Год назад

It seems that the vintage market is still reasonably hot. There's definitely a flood/saturation of newer gear sitting around on the market though.

@ericgardner5969 Год назад

As someone with a limited budget trying to build a solid set up, this is good for me. But I also sold and amp and guitar, and wasn’t pleased with what I got for it. But happy that someone else will get enjoyment out of it

@mindseyemusicreview Год назад

Yeah shit has def gone up. I bought a used Mexican fender Tele a few years back and it was 319 dollars. Now the same guitar is over 500 to 600.

@ddqd123 Год назад

Consumer confidence is at its highest level since early 2022, recession fears have passed, unemployment is at record lows and inflation is down to 4%. The used market is cooling down because: 1) Retail inventories have mostly recovered, so fewer people are turning to the used market. Supply chain issues getting resolved played a big part in this 2) Like you said, pandemic purchases getting dumped back into the market. May not necessarily be people giving up guitar but simply letting go of stuff they didn't vibe with. I didn't even need the cash but I sold off a handful of pieces I just didn't want anymore to just have more space. I set my prices about 15% below "market" and my gear moved quick.

@semdallinga69 Год назад

Been noticing a decrease in price for a couple of months now on a local website. Amps, cabs, speakers, etc. seem to go for far less than they're supposed to. Been getting some incredible deals

@riffsnoleads Год назад

Prices around me are still pretty outrageous on any tube/booteek or JHS mentioned items. So happy that I have re-embraced solid state amps again. The supreme black sheep of all amps.

@jasondorsey7110 Год назад

I was finally compelled to pick up a vox pathfinder 15r to satisfy my GAS...dang is that a nice little solid state, my tube amps are collecting dust now

@model101jr5 Год назад

If I could find an isp theta head I’d prolly sell off alot of stuff. Agreed

@brandonbryson3317 Год назад

This is great news. Saw a Peavey XXX for $250 the other day locally and I just missed it. Also some 5150 II’s around $700 - 800 and some Mesa cabs dropping fast.

@jburdsinfuse Год назад

This is a good video. A lousy economy and a saturated market make hobbies and luxury items a lot less attractive.

@Joey.Darkwoods-Studio Год назад

The used gear market as gone CRAZY in the last couple of years... In my neck of the woods (Montreal, Quebec), there isn't as much gear locally and people are asking batshit crazy amounts. Also on the amp side, considering that most amp makers jacked the prices on their stuff pre pandemic, the ol' day's of snagging a JVM410 for $1300 used is FAR gone!

@brandonharris9160 Год назад

Im actually really surprised some of the prices I have gotten from Guitar Center these days. They beat pawn shops most of the time

@pauljohnson1021 Год назад

The consumer price inflation in the United States declined to 4.0 percent in May 2023, the lowest since March 2021 and slightly below market expectations of 4.1 percent, driven by a decline in energy prices. In addition, the core rate, which excludes volatile items such as food and energy, has slowed to 5.3 percent, the lowest since November 2021, supporting the argument for the Federal Reserve to consider pausing its current cycle of monetary tightening. Energy cost slumped 11.7 percent (vs -5.1 percent in April), while food inflation slowed to 6.7 percent (vs 7.7 percent in April). There were also smaller price increases for new vehicles (4.7 percent vs 5.4 percent), apparel (3.5 percent vs 3.6 percent), shelter (8.0 percent vs 8.1 percent), and transportation services (10.2 percent vs 11.0 percent). The cost of medical services was down 0.1 percent (vs 0.4 percent in April). On a monthly basis, consumer prices edged up 0.1 percent in May after increasing 0.4 percent in April.

@zombies418 Год назад

To this day I only buy used gear, but all the gear I buy I find on a deal and is usually something rare or not very common. Around 2017 I found a used Ibanez RGA121H at a guitar store for $700. Now they’re $1200. Next I got a 1993 Japan SL1 for $1100 that now goes for $1800. I just picked up an SG Supreme I found in a pawnshop for $860 out the door and my local GC got a Mesa rectifier 4x12 for $800 that I scooped up. Love finding me those hidden deals

@jasondorsey7110 Год назад

Picked up an '84 Vantage bass for $200 a few months back and it's an incredible value, that bass is a solid mij player

@BensMusicDojo Год назад

I sold all of my gear about 18 months ago as I was tired of tube amps and pedals and their reliability issues and bought a quad Cortex and a digital piano. Best decision ever. I had two amps and about 40 pedals, which were all bought used pre-pandemic. I definitely made money on every item sold, and the quad Cortex is so much better for a home player like me.

@tyrannosaurusriffs Год назад

I think a lot of it comes down to people not having cash for used gear. I've been buying/selling a lot over the years like yourself, (but much less) and over the last year I can sell my gear for market value but I have to be willing to sit on it for awhile. Months. I'm fine with that but it is sad that a lot of people really are struggling in this economy and trading in gear for low prices.

@beefnacos6258 Год назад

It's not even about struggling sometimes. Some people have the money and they don't care and they will take that trade in to get that next item that they want. I have sold lots of guitars on the market but lots of times I have removed the listings because people are just way too annowing and everybody's trying to low ball you sometimes. Sometimes for some of us, because we don't need or care about the money, we will take that trade and put it toward something else. I still liked your comment because I do know what you're saying.

@tyrannosaurusriffs Год назад

@@beefnacos6258 I agree with you. That makes sense. Some people don't care and losing a couple hundred bucks isn't a big deal. I've also removed items from the market at times due to people sending low ball after low ball. It can get annoying. Luckily I've been fortunate enough to never have to sell something to come up with cash quick and make a decision I normally wouldn't make. Patience is the key. Usually.

@lewischappell335 4 месяца назад

Just picked up my dream custom shop strat for £2400 squeezed the guy down from £3k obviously due to the fact it was sat there not being sold. Stuff will still sell for the right price, if your serious about selling then price acordingly

@withinthrall1445 Год назад

For me, I know used prices pushed me to buying more new gear from boutique companies. After hearing and having QC issues from multiple big companies, to the used prices being outrageous, it made me think, “why buy this overdrive at $200 that’s been used for years, when this company just did a pedal with the same circuit and more tone options, and for the same price.” But I am grateful for it at the same time. I would have found pedal companies like Ground FX or JPTR FX if not for the price gouging.

@JamesSClapperton Год назад

JPTR is the sauce!

@Tomekkplk Год назад

Yep. Can’t even sell my PRS SS SE in mint condition for $625. 2 months ago they were selling all day long for $750. Retails at $850.

@LeftHandedRightHanded Год назад

Wait you were selling it for $750 but new it was $850?? Might as well get it new!

@81jmfk Год назад

As for amps, a lot of people are going digital. I also see a lot of people complain about the weight of larger amp heads and cabinets. I’m hoping to see some stuff come back down so I can add to the collection.

@riffsnoleads Год назад

Collectors and digital enthusiasts have pretty much determined the current market issues. I couldn't buy a used valve amp if I wanted because of the pricing people are putting on them, even garbage amps. B-52 ST100 for $600? Yeah, kiss my ass. Or they are being hoarded in some studio and will never see the light of day until someone thinks they can get $10k for their JCM2000 or whatever. Really glad I am getting back into solid state, even if it is mildly forced because of the market.

@JamesSClapperton Год назад

@@riffsnoleadsthere’s some killer solid state options these days. I have all tube amps, but I’d be lying if I said I wasn’t wanting one of the orange super crush heads. They sound great!

@pauljohnson1021 Год назад

Q1 2023 (3rd) +2.0% Q4 2022 (3rd) +2.6% Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the first quarter of 2023, according to the “third” estimate. In the fourth quarter of 2022, real GDP increased 2.6 percent. The GDP estimate for the first quarter was revised up 0.7 percentage point from the “second” estimate, primarily reflecting upward revisions to exports and consumer spending. Profits decreased 4.1 percent at a quarterly rate in the first quarter after decreasing 2.0 percent in the fourth quarter.

@JAMPROSOUND Год назад

I'm loving the prices Ive been paying lately for used gear. While those around me argue over plugin buys and subscriptions, my mic locker continues to grow.

@pauljohnson1021 Год назад

A recession is a significant, widespread, and prolonged downturn in economic activity. A common rule of thumb is that two consecutive quarters of negative gross domestic product (GDP) growth mean recession, although more complex formulas are also used.

@moparbryan Год назад

Here’s an example of why the market is down for the manufacturers/retailers. Was looking at a custom Shop charvel at Sweetwater since last fall and just been working thru priorities to get to it, then low and behold the $2,699 guitar is now $3,999. A $1,300 increase? Sorry no thank you that’s abusive and flagrant. Cost go up I understand inflation and honestly don’t have a problem with increases but that insane!

@nathanielcava4128 Год назад

Similar situation I had gotten a 2020 Jim root jazzmaster usa made for 1499. This was huge as I put away money from work and saved up for a while since it was my dream guitar. Inflation has shot it up to 2099. Completely outrageous. I would’ve never bought it if it was always that expensive.

@BasementGuitarSuperstar Год назад

Simple solution to greedy prices - stop paying what people are charging for stuff if they are overpriced on things and hold out till they are forced to lower their prices. People are busy again but I make time to play guitar because I love it

@Notryce 11 месяцев назад

Kyle I get it you're a gear guy. But the economy is just beginning to enter the spiral effect stage. That's when demand is down, layoffs and downsizing happens for manufacturers to reduce their costs which will in turn cause less demand with people out of work and further layoff's and price reductions. Spiral. We will actually see for the 1st time in almost a century a deflation. It's difficult to predict exactly when but it's not too far off.

@HiAxl Год назад

If you are going to sneak an ad into the beginning of your video. This is how you do it. Quick with the price and features info and move on. Cheers.

@Twy7chTec_Vayper Год назад

As someone who makes money restoring Guitars and then flipping them (lol if I don't decide to keep a certain model) also started noticing the 'slump' again in the market a few months ago. It happens though, definitely even rougher when this is 1/3 of your "at-home" business and you're on Disability lol 😆 gotta love obstacles 🤘🏻🦾😎 another great vid buddy, keep em coming

@ibexthadevil3533 Год назад

When the gov't stop giving out money, then the buying stops, just look at home depot and lowes...its slowing down big time..the money is not there anymore

@nickalderman5943 Год назад

thank fuckin god 😂 So tired of seeing used, budget gear listed for more than retail.

@planetofamps Год назад

Truth. Everyone thinks they have the crown jewels.

@beautague9163 Год назад

"I put bareknuckles in a gio it's worth 800 dollars now... also I lost the truss rod cover and dropped it... no low balls"

@e-henne Год назад

People in 2020: Let's buy stuff because we got free money during a global pandemic. People in 2022/2023: Oh wow I shouldn't have wasted my extra money during the pandemic, and with the current inflation I can't afford this stuff that I NEVER NEEDED to begin with.

@robertcella6051 Год назад

Depends where you live.....used prices here in Vegas are usually low these days. No complaints here

@bfunkadelicmusic Год назад

I actually read an article yesterday that said there are some strong signs that inflation is about to crash without an actual recession. Any thoughts on how that might effect the used gear market?

@RiloRox Год назад

i started trading guitars out of boredom. I had an Epiphone Tommy Thayer which I used live before Covid. Traded and sold and bought a lot of guitars (mostly Les Pauls) and told myself everytime I made a profit, that Im keeping whatever guitar I had. Ofc I didnt. But now i arrived at a 2016 Les Paul Standard in transamber which is probably the best guitar Ive ever played in my life and that Im keeping.

@kookoogearkook Год назад

The value of Block letters have not changed on Reverb at all. On the sold history both block letters and signature logos are in the same chart. The lower numbers are Signature logos and the higher number are the Block letters.

@machine-madedog5059 Год назад

I had to ditch most of my gear during 2009-2015 due to both financial and space issues, so I'm personally looking forward to another used gear crash. Nothing fancy, all I want is a new 2x12 cab, a new baritone guitar, and a new superstrat.

@TheOnlyGuitarFather Год назад

This makes a lot of sense. I just recently got an excellent condition SG, modern blueberry fade from guitar center with a sticker still on it for only 1500 bucks. Not a scratch on it.

@michaelhotz7118 Год назад

I have a story not really related but I want to vent. Ok here we go, I bought a Fender custom shop limited run 1955 strat from a boutique music shop in San Antonio Tx. About 8 months later I bought an expensive amp from them. About six months later I wanted to buy another amp from the same shop but was short on cash and asked the new manager if he would sell a Marshall head and cad on consignment for me to help me get cash for this other amp? Very rudely he asked why would he sell an amp for me. Now mind you I had spent about $7500 in his store in the last 16 months or so.This shop had became my shop for all things. Cables, strings, pedals etc. Needless to say I’ve not set foot in that asshole’s store since. I would estimate I’ve spent $10k on equipment since but not there. Thoughts?

@DollyShartin Год назад

In my area, in Spokane Wa, Prices haven't fallen at all. Been trying for a while now to find a 50 watt EVH for under $800 is ridiculous.

@youztuber5000 Год назад

Prices haven't fallen, but the value of money has. $800 three years ago is $1200 today.

@Lord_Sneetus Год назад

I'm not seeing it yet... everyone seems to be holding firm on asking near-full retail price on old gen stuff...

@jettsom Год назад

With inflation and higher mortgage rates right now people have no money left for luxury items. On the contrary they are selling their stuff and the market is saturated with almost no buyers at all.

@floridafunandmore Год назад

I own a guitar shop and its true people are dumping collections every week in my shop as of late. its a crazy time right now.

@AutomatedIncomeLifestyle Год назад

1) The cost of travel and lugging your gear around is far more than its ever been, and thanks to increased security apparatus and delays, more of a huge hassle than ever. 2) Modelers have surpassed tube amps for most professional applications 3) 80% of modern bands use their Axe, Line 6, or Neural - direct to FOH, with ear monitors.

@huntergalloway3944 Год назад

I paid 500$ for a VTM 60, and I actually considered that a good deal! I never thought I’d even pay that for the more unknown Peavey heads. I did also manage to recently score a Peavey 3120 and 90s Ampeg 4x12 with V30s all for 300$, so there definitely are great deals around. It came with the footswitch too! Changed out some preamp tubes to lower gain ECC83 and ECC82s and it’s a total keeper! I’ll probably put some 6L6s in there too as it’s got some Mesa EL34s in it right now. Great video Kyle! I’m psyched for your channels success!

@leagueofotters2774 5 месяцев назад

Maybe it's looking up a little since this video. I recently sold a guitar within a week that I couldn't sell late last year.

@michaelsicowitz362 Год назад

I follow used gear as in vintage expensive type gear and prices are down. It's fairly recent. My monitors are usually brown face and early 60s Fender. I was bummed and shocked when the stuff shot up. Not that surprised it's down. Look a bit deeper and see when gear was posted and lots of it has been sitting for a year. Princetons are actually affordable again if you do research. Don't be a sucker.

@JimijaymesProductions Год назад

The used gear market overinflated when supply chain issues hit, it is time for it to chill out. I remember some products selling for more than they cost new originally (even adjusting for inflation).

@brandonc2859 Год назад

Just bought a b stock PRS mccarty 594 s2 in Ezria Verde smoke burst for 1200. So happy

@emeraldgreensg Год назад

About 10 years ago, used gear would be about half of the new price (e.g., used amp heads or pickups). Now everyone tries to get about 5% less than new. I stopped buying any gear because the used market started to suck, and it still does. Also, the new gear market is ludicrous (e.g., Jackson USA guitars for $4000, when 10 years ago they were half of that). I don't think anyone is buying new gear because it's too expensive and that's hurting the used market too, because the luxury of GAS is long gone for most people.

@misterringer Год назад

I am even seeing Fractal stuff coming down to regular new prices for used gear, which says a lot haha.

@christian_silo Год назад

i miss pre-pandemic prices so much

@moogman5 Год назад

It's summer...people spend their money on trips / vacations, etc. It's just a bad time of the year to sell gear.

@sjones3891 Год назад

Just snagged me a used OS 412 Mesa Recto Cab at Guitar Center a month ago for almost half of what it costs new. The salesman was telling me he told the seller to not do it there cause Guitar Center wouldn’t give him what it was worth, but the guy unloaded anyway, which redounded to may benefit. I think the bigger concern here is the declining purchases of new gear, but then again it all cycles.

@Zoso7227 Год назад

This is even worse for lefty’s. I took a big loss on my PRS that I sold, but just got a great deal on a Gretsch I picked up. Definitely a buyers market

@adamfriend4986 Год назад

That sux I was considering selling my Lefty PRS yet based on your comment I may reconsider that

@Zoso7227 Год назад

@@adamfriend4986 I would if I were you. Unless you need to, don’t sell it. What people were offering at the beginning I took as a joke and ended up selling it for that price 🤦

@josephrusso7069 20 дней назад

I had my $3,600.00 Redseven The Dirt amp on Reverb for over 4 weeks for $2,375.00. 6 watchers, 56 views. ...I know thats not a long time, but I pulled the listing.

@marcustate3513 4 месяца назад

It’s a little known fact that anything from Guitar Center is a second they have blems. This is how guitar center is able to sell at a cheaper price.

@_Only_Zuul Год назад

normally see prices on new gear go down over time, but i see gear that was new 3 years ago remain the same prices and even going up..

@omgdisfunny4852 Год назад

weird, people buying guitars to raise prices, then suddenly there's too many due to the production thats now raised because theyre being bought, and people don't want them at the scalper prices

@simonlinser8286 Год назад

Because the types of guys or people who buy gear and tone chasers are a finite subset of the population with a decrease in growth meaning over time the market became saturated and everybody whos going to drop big bucks on gear has already outgrown that and feel they have enough, there's guys out there who have spent like 10s of thousands on gear over many decades and the industry has grown used to that revenue and count on it but right now the number of people is declining if anything, or staying even, but people incomes and expendable income has gone down over time.

@XSUFFOKATEX Год назад

Id say its the case of youtube influence. People are "reviewing" gear and persuading broke joes, like myself, that they need to run out and grab this new guitar/amp/pedal/modeller. We arent blessed to be given free gear, so we need to sell what we have, which is gear we were persuaded to get by influencers. Not a knock on RU-vid influencers, but now is the time to stop paying attention to what you guys actually like or being paid to like, because in the end, its not really about US. Recently bought a new Charvel Jim Root because of people saying that its so awesome (for them), all the while forgetting that i hate FRs, now that guitar is on Reverb for way less than i bought it for. Long story short, the age of the honest youtube review is coming to an end, and now we just want our money back to get things we really want, or use the funds for the cost of living.

@immyownbestfriend9338 Год назад

i agree with a lot of your opinions on the subject. also, love the shirt. love ksr.

@hardac7943 Год назад

It depends on what you are looking for an where people are still buying stuff up. Some sellers are even not even wanting to negotiate at all just denying reasonable offers without counter ones as well. Used parts prices are almost the same as buying new too still. Will it go lower possible but getting a deal is still difficult short of going into a store. I shop for lower end beginner gear as well as older used gear that should be cheaper due to better options being available pre vintage odd ball stuff.

@JackG7786 Год назад

Definitely sounds more like a market correction rather than a crash, but I don’t know shit lmao.

@matthewhopkins6359 Год назад

The prices are getting way to high, ive been looking into getting a Krank Krankenstein, they were going for about 1200-1500 a few months ago. Now theyre getting posted on reverb for 3-4 grand by these jokers who think its worth that much. Always makes me ahppy though seeing them sit for along time not getting any offers. Maybe theyll learn 🤔

@beautague9163 Год назад

Yeah I want to get a plus but they're crazy for those prices I'd like one but not for the price of an uberschall or driftwood lol

@hyperbolekid Год назад

Gear market is following closely to used car market. Pandemic $$$$ increase from low supply new cars and guitar gear. Now price normalization happening with more new supply but prices will stay high for a long time and not get to pre pandemic levels. This is also the summer dip that tends to happen as people are outside more and spend on experiences. Fall will see return to prices trending upward.

@hellboundTX333 Год назад

Ive had no problem selling used gear. But i price things fairly. I know im not going to get retail for a used import guitar.

@jasons.3921 Год назад

The used market is definitely mellowing out right now. It makes it a little easier to grab something you just can't live without. How long will it last, who knows. Ultimately, the more people buy the more the prices will rise. It's a vicious cycle. You hit a lot of key points in this video. Thanks for sharing...your knowledge is appreciated. Oh, btw...you were mentioned in Leon Todd's last podcast (Australia) and could be asked for a future hang. I, for one, would love to see that happen.

@djdanger9812 Год назад

Because a lot of players are going digital. Its wayyy cheaper, doesn't have the volume problems when practicing and makes recording a breeze. That being said, Its time to pick up some great deals and start putting together some re-amping stereo rigs!

@JamesSClapperton Год назад

Man, I’ve recently been hitting up the guitar centers in the Seattle area for the past year, and they are ghost towns in the used department. Most even are in the new instrument department. It’s just not what it was. The drum dept might only have a dozen kits total and there’s maybe 20-30 used guitars, a dozen amps/heads. I’m happy to see the prices fall when I have some money for once.

@DM-il1hf Год назад

I wonder how Parker L’s guitar biz is doing right now. He’s got an insane inventory @ Diablo.

@IsabellaCatherine19XX Год назад

It makes sense. Thank you, Kyle. Love your videos. Good luck to you.

@sergi_lou Год назад

I always check reverb to get references on the prices. I live in Spain and the used market has suffered from inflation but not so much, that being said, our wage cannot be compared with someone from the US for example. I guess that everything has its good part and its bad one. Happy to hear that everything is going back to normal :). have a good one Kyle!

@riffsnoleads Год назад

Reverb is a really bad gauge though. A lot of people put extremely over value prices on things because Reverb charges a fee to use them as a selling platform. You see it a lot with outrageous shipping prices because the seller is trying to make up for what Reverb is cutting out from them on the main price.

@christianjforbes Год назад

Awesome … maybe I can afford to buy back all my Minifooger pedals I sold off years ago

@TwistedIdentity Год назад

I'm no expert but I also think part of it is market over saturation. It's never been easier to get a great sound without spending much money but at the same time everyone has to get that new piece of kit ASAP. Kind of the same with games and computers.

@danielvelkovski3156 Год назад

A neural dsp plugin + reference speakers sounds ridiculous. Way cheaper than an amp. And no annoying buzz/feedback. Hard to make a plugin sound bad. A real amp have to dial in way more to get what you want.