% my experience as well. I've had some low-value stuff that I have taken down to dispose of, often 2-3 guitars at once. As stated, they look up the used value and give you 60%. They tell you that right up front and I've never had them turn down a piece of gear, though oddly they have no interest in guitar cases.The stuff I've sold to them was stuff I had gotten dirt cheap anyway, so in many cases I ended up actually making money in spite of the 40% cut. As JakeDog says, there absolutely is some value in just getting stuff gone with no hassle, no haggle, or anything. Walk in with some guitars you don't want, walk back out with cash in your pocket about 30 minutes later. Done deal!
Things that make me wonder though:
1) If nobody is buying guitars except GC, are they also paying out all this money for stuff that they're not going to sell for years? Hasn't GC been teetering on bankruptcy or going out of business for like the last two and a half decades?
2) If GC were to suddenly collapse, what would happen to all their used stock? New can possibly go back to the manufacturer, but would we start seeing stacks of 20 Affinity Strats on auctions for pennies on the dollar? Who would want those?
3) Interestingly, every time I've sold or traded in stuff at GC, I've watched for it on their site, or even looked for it in the same store I disposed of it in. Any piece of gear I've handed off went into their back room, and I have NEVER seen it again.
