1. Win a Broadcaster or one of 3 Teles! The annual Supporting Member Giveaway is on. To enter Click Here. To see all the prizes and full details Click Here. To view the thread about the giveaway Click Here.

Why All The Threads Complaining About Fender Price Increases?

Discussion in 'Bad Dog Cafe' started by MilwMark, Feb 1, 2021.

  1. P-Nutz

    P-Nutz Tele-Afflicted Silver Supporter

    Posts:
    1,934
    Joined:
    Dec 24, 2004
    Location:
    Middle America
    We all like it when we get a raise, that means the cost of whatever goods or services we provide probably went up as well. It's universal.
     
    DougM likes this.
  2. blue17

    blue17 Tele-Meister

    Posts:
    368
    Joined:
    Aug 16, 2020
    Location:
    Washington, DC
    Just so we can both be the people no one wants at parties, the price did actually increase for better or worse.

    Losing purchasing power would require real inflation, which has been exceptionally low for the last many years as has wage growth. My $5 can buy the same Big Mac it did yesterday.

    Anyway, back to guitars.
     
    cyclopean likes this.
  3. jvin248

    jvin248 Doctor of Teleocity

    Posts:
    10,278
    Joined:
    Apr 18, 2014
    Location:
    Lions & Tigers oh Mi !
    New prices dictate used prices. They both move up.
    Used is often 50% of new ... whatever the new price is.

    While taking an economics course during an MBA program, the professor recounted a story of when he was a younger professor in the 80s during those inflationary times and the 'economics professor industry' was scrambling for how to plan what to do or explain it to everyone and he piped up and said 'we just need to interview people who lived during the classic inflationary periods'. They talked with their counterparts in Argentina, Brazil, Germany, Venezuela, and more. They found out that people converted their paychecks into something durable that would keep its value: VCRs (easy resale back then), TVs, microwaves, and more (probably ... guitars! :D ). If they went the next day their paycheck might only buy half a TV, but next week or next month that TV would still buy several cases of beer. The sad side for all the responsible citizens who maintained savings for retirements, all that evaporated.

    .
     
    Rocky058 and Toto'sDad like this.
  4. CarsAndGuitarsYT

    CarsAndGuitarsYT TDPRI Member

    Age:
    16
    Posts:
    52
    Joined:
    Nov 13, 2020
    Location:
    Louisiana
    I'd take a road trip for that!
     
  5. Jakedog

    Jakedog Telefied Ad Free Member

    Posts:
    21,181
    Joined:
    Mar 26, 2003
    Location:
    The North Coast
    It is what it is.

    I remember when MIM standards went to $349, and I said “they’re nuts. Nobody is ever gonna pay that for those guitars.” I was wrong.

    I remember seeing my first $249 squier and saying “They’re nuts. Nobody is ever gonna pay that for a Squier.” I was wrong.

    I remember walking into GC in Dallas in the mid 90’s, and seeing American Standards for $599, $629 for sunburst. I bought two. Those days are over. Forever.

    I remember when Les Paul Standards went up to a shocking $1500. We all said “well that’s it for Gibson. They’ve lost their minds!”. We were wrong.

    This is just the way the world turns, folks. The only guarantee is that they’ll keep selling these things, no matter what they charge for em.
     
    DougM, Dave W, Drew617 and 2 others like this.
  6. Steerforth

    Steerforth Friend of Leo's

    Posts:
    4,062
    Joined:
    May 17, 2009
    Location:
    Arkansas
    Because I want all the guitars, pedals, and amps that I covet to be available to me for free. It would be the perfect system. I don’t know why they can’t see that.

    But as the old man used to say, “Don’t hold your hand on your ass until that happens. It might grow there.”
     
    DougM and MilwMark like this.
  7. tele12

    tele12 Friend of Leo's

    Posts:
    4,857
    Joined:
    Dec 2, 2006
    Location:
    NY
    People complain when prices go up much faster than their salaries.
     
    DougM, cyclopean and nickmsmith like this.
  8. Blues Twanger

    Blues Twanger Tele-Afflicted

    Posts:
    1,036
    Joined:
    Dec 4, 2007
    Location:
    NYC and VT
    The names were changed to protect the innocent. The MIMs are called the Player Series now, a few of the Deluxe models are hanging around, and the classic models fall under the Vintera line, all within that range between Squier and MIA Fender.
     
    Last edited: Feb 1, 2021
    DougM and Chiogtr4x like this.
  9. Chiogtr4x

    Chiogtr4x Doctor of Teleocity

    Posts:
    10,102
    Joined:
    Mar 29, 2007
    Location:
    Manassas Park, VA
    Yup, I just gotta get with the times- but honestly, I'm thinking my next Fender will have to be a Squier.( which will be fine)
     
    DougM and MilwMark like this.
  10. Oldsmobum

    Oldsmobum Tele-Holic

    Age:
    34
    Posts:
    569
    Joined:
    Aug 15, 2020
    Location:
    SoCal
    This is a valid point. My only exception is that in 2000 the MIM standard tele was only $350- so to get $700 for the “player” series they are outside of inflation by a bit.

    However, they still sell the piss out of them so their pricing must be spot on. There is no reason they should sell their product for less then someone is willing to pay for it, we all do the same when we negotiate salaries.
     
    Lawdawg, Jakedog and MilwMark like this.
  11. bgmacaw

    bgmacaw Poster Extraordinaire

    Posts:
    6,016
    Joined:
    Feb 11, 2006
    Location:
    Near Athens GA USA
    Just watch out for the Bigfoot behind the counter. He can get grumpy quick!
     
    CarsAndGuitarsYT likes this.
  12. Jakedog

    Jakedog Telefied Ad Free Member

    Posts:
    21,181
    Joined:
    Mar 26, 2003
    Location:
    The North Coast
    They have gone up more than one would think *if* they were comparable instruments. I don’t think they are.

    Stepping up wood quality (no more veneered 5-7 piece bodies), going to alnico pickups, larger fret wire, two point strat bridges, the addition of a 22nd fret, and some other improvements justify the slight increase from where I’m sitting. I still don’t like them, but they’re better guitars than the old ones.
     
    DougM, Dave W and Lawdawg like this.
  13. blue17

    blue17 Tele-Meister

    Posts:
    368
    Joined:
    Aug 16, 2020
    Location:
    Washington, DC
    Ah the 80's when house prices could only go up
     
  14. stonetone7

    stonetone7 Tele-Meister

    Posts:
    485
    Joined:
    Jan 1, 2020
    Location:
    Harrisburg, Pa.
    That’s a bigger percentage increase to a $400 guitar than $50 to $700 guitar, but hey, you got your zing.
     
  15. unixfish

    unixfish Doctor of Teleocity Silver Supporter

    Posts:
    12,733
    Joined:
    Apr 20, 2013
    Location:
    Northeast Ohio, USA
    Yeah, but. Whenever the new market goes up 5%, 10%, whatever the percentage is, so does the used market.

    That Baja Tele I bought in 2015? Because of price increases, I can now get full price of what I paid for it. 0% depreciation due to price increases. (Well, a shortage of used guitars is also helping.)
     
  16. Jakedog

    Jakedog Telefied Ad Free Member

    Posts:
    21,181
    Joined:
    Mar 26, 2003
    Location:
    The North Coast
    I didn’t think he was trying to zing anybody. I just thought it was a general truth. Most of the people commenting about the price increases to Squiers and MIM guitars probably are not the market demographic that buys expensive custom instruments. There’s not a lot of overlap in those groups of buyers.

    I just checked the price on the Jeff Beck strat, because it’s one I’ve been stalking for a few years, but haven’t bought. Because it’s a “want”, and not a “need”. Looks like I waited too long. That sucker just went up $200.
     
    DougM, cyclopean and MilwMark like this.
  17. Mark617

    Mark617 Tele-Meister

    Age:
    53
    Posts:
    189
    Joined:
    Jan 24, 2021
    Location:
    Massachusetts
    I’ll sell you mine for $700
     
    northernguitar likes this.
  18. MilwMark

    MilwMark Doctor of Teleocity Ad Free Member

    Posts:
    12,361
    Joined:
    Apr 29, 2013
    Location:
    near Arnold's
    Correct.

    I honestly don’t understand what you are saying.
     
    Jakedog likes this.
  19. jfgesquire

    jfgesquire Tele-Afflicted

    Age:
    54
    Posts:
    1,542
    Joined:
    May 23, 2018
    Location:
    Lake View
    Did everyone's pay go up at the same rate that the guitar prices went up?

    That's the real comparison trying to be made here, isn't it?
     
    DougM, cyclopean and beyer160 like this.
  20. capgun

    capgun Tele-Meister

    Posts:
    273
    Joined:
    Sep 28, 2020
    Location:
    USA
    Not at all. But I also don’t think they need to increase in price by $50 a year every year for the last how many years now? Standard Teles were about $350 new when the series came out. Then over time they went up to $500. That was fine. But in the last 2-3 years they have hit $750. I don’t care what argument you want to make. It’s just greed.

    I’ll just pay the few hundred extra and get the USA guitar before I pay $750 for the MIM that was $500 a few years ago, but that’s probably what Fender is counting on.
     
    stevemc and cyclopean like this.
IMPORTANT: Treat everyone here with respect, no matter how difficult!
No sex, drug, political, religion or hate discussion permitted here.