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Why do sellers ask for list price on used pedals

Discussion in 'The Stomp Box' started by burntfrijoles, Jun 13, 2020.

  1. codamedia

    codamedia Poster Extraordinaire

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    I guess it depends on whether or not you want to maximize a sale on eBay/Reverb or do a quick local sale for cash in hand.

    I agree about the pricing on eBay and Reverb... but my local classifieds are loaded with great deals, day in and day out!
     
    radiocaster and ieatlions like this.
  2. stormsedge

    stormsedge Friend of Leo's

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    Meh, buy new pedals unless there is an out of production item you just have to have. Saves time, less stress.
     
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  3. 4pickupguy

    4pickupguy Doctor of Teleocity

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    A little searching yielded a Fashback2 for about 50% of new. Great delay pedal!! $15 shipping but I always counter with free shipping cost. Want a Alter Egox4? I’ll sell you mine, I no longer need it! PM me! I also have a new in the box Source Audio Nemesis (comparable to Alter Egox4 but a bit smaller) I’ll sell you cheap. Stay patient and take your time. They will turn up.

    https://reverb.com/item/34140820-tc-electronic-flashback-delay-and-looper
     
  4. Alex W

    Alex W Friend of Leo's

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    I find pedal pricing new or used to be pretty expensive. I don’t buy many pedals myself. Some guys buy so many pedals that they could buy a custom shop Gibson or Fender or a vintage amp if they would just abstain from pedals for one year. And some pedals once they go out of production take on mythical status like the Klon. It’s insane.

    The more I think about it the more I want to get into the business of making and selling pedals!
     
  5. Swampash&Tweed

    Swampash&Tweed Friend of Leo's

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    Boutique pedals are made in small quantities with long waits. so some people are willing to pay a premium to have it now.

    No pedal is worth it. I have pedals I love but after owning them for a while IGrow tired of them.
     
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  6. radiocaster

    radiocaster Poster Extraordinaire

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    because reverb.
     
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  7. nicknklv

    nicknklv Tele-Holic

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    I had a different experience - all my pedals are second-hand, and I bought them for 40-60% of list prices. I was just very patient with waiting for the pedals I wanted at the prices I was willing to pay. Disclaimer:none of them were bought off Reverb, all were from local second-hand sites.
     
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  8. nathanteal

    nathanteal Tele-Holic

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    Stop shopping for Strymon.
     
  9. Swampash&Tweed

    Swampash&Tweed Friend of Leo's

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    My Strymon Flint is one of two pedals I will never sell!!!! The other is a Love pedal MKII Fuzz that I use as a boost. In a good amp that's all I need!!
     
  10. johmica

    johmica Tele-Holic

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    I cleaned house and sold a bunch of pedals on eBay about two years ago. All of them were no-minimum-bid auctions. I was surprised at how much of their value they retained. I don't think that I got under 80% of retail for any of them, with the market setting the price. So while I don't have an answer to your question, I can at least offer confirmation that the phenomenon exists.

    Guitars and amps are a completely different ballgame, IMHO. Prices are all over the place. I'm a lefty, so I'm constantly monitoring eBay for new, quality lefty guitars, and I watch the Fender and Orange amp scenes, too, just because I like to spend money. So, for example, I've seen Chinese-made lefty Epi Casinos go from anywhere between $600 to $950 dollars. Same with Orange AD 30s (my personal favorite Orange combo). One in like-new condition just sold for $700, while I've seen others in worse condition sell for $1400. You'd think that with the global marketplace that is online auctions, you'd see some uniformity in pricing. But it's still the wild west out there.
     
  11. burntfrijoles

    burntfrijoles Poster Extraordinaire

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    There are only a few "boutique" builders: Analogman, Ethos and maybe Mythos. All of the rest of the so called "boutique" builders have gone mass production. JHS, Wampler, Keeley, Fulltone, Catalinbread have the distribution pipeline filled with their products. Some of the so called boutique builders even contract with third parties to build their products.
    I waited a year and a half for my KOT but Mike's price is not that substantial compared to Strymon, JHS, Catalinbread, Wampler. I didn't mind paying his price. I didn't mind the price of my new Ethos TWE.
    How many more circuits need to be designed?
     
  12. nathanteal

    nathanteal Tele-Holic

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    The Flint is a staple for me as well.
     
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  13. Golem

    Golem Tele-Holic

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    When I sell, I'm usually trying to be the cheapest offering for that pedal. Otherwise, I'm looking at average past sales and arguably on the high end if there are no other offerings due to scarcity and allow for offers. List price does sound crazy unless it's something in high demand.
     
  14. bluesholyman

    bluesholyman Friend of Leo's

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    It just depends on supply/demand I think, and availability of buyers - you know, that whole economics thingy. The "majority" of the buyers market for musical gear are non-professional weekend wood shedders, kids, mom/dad for Johnny, etc. These are deal seekers. The pool of professionals is much smaller, and then professionals with surplus money even smaller than that.

    Pedals priced higher will eventually move but it takes more time as the pool of buyers willing to pay whatever to get the pedal is relatively small, compared to the overall market. So those pedals will sit there until someone comes along or the seller gives up and reduces the price.

    Consider that most reasonably priced pedals will sell relatively quickly. They come, are up for a day or few, then sold, gone. Depending upon how often you look, most of what you will see are the pedals that are not selling, not the ones that are. So the observation itself could be based on the limited number of times one has looked.

    I would think the median pricing of used pedals is about 50% of new, or what a manufacturer typically sells to the dealer for (dealer markup of 100% non unusual). There are exceptions when demand and perceived value is high, such as the case with Strymon pedals.

    Boss pedals are probably the Big Mac index of the pedal market and everything is calculated around them for perception of value, pricing, size, etc.
     
  15. Musekatcher

    Musekatcher Friend of Leo's

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    Trade value? Similar to the pawnshop business model, its easier for folks to take a loss, and trade down when they don't have cash. Like a credit card with 20% interest rates. You decide to trade your used $350 MIM, for a $250 used Super Champ X2 even. The Super Champ owner advertises at $350 cash or trade. You can't do that at a music store, online, etc, but you can on Reverb or Craigslist.
     
  16. Bill in VA

    Bill in VA TDPRI Member

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    The first guy was probably a 'flipper.' You cut him a deal and then see it the next day for sale.

    A fair deal is when both parties walk away happy. That is why selling should really be a choice, if at all possible, not a necessity. Flippers smell desperation.
     
  17. golfnut

    golfnut Friend of Leo's

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    I bought a Kingsley Minstrel a couple months ago (it was about 6 months old) and paid what the seller paid for it.
     
  18. himay

    himay TDPRI Member

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    Supply and demand. But really, if you like the Yellow Fall, keep it! I have a fancy programmable delay which I mess around with mostly at home. The jamming and gigging board is a yellow fall, old HOF, sp comp, and usually an overdrive like a caline orange or pure sky. Just easier to plug in and play. Got the delay with some Donner points for like fifteen bucks. I love to hear what people are getting from fancy rigs and I do have a few of the shoe gaze type pedals myself. But I like having the easy board too.
     
  19. ReverendRevolver

    ReverendRevolver Tele-Afflicted

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    I paid less than half of new price for my Maxon AD999. I'd trade it clean for an AD9pro. Delays are funny. Especially analog ones. I'd put most other stuff into another category, but advanced digital and good analog simply aren't cheap.

    I could flip my pedals I bought new at a loss, break even on my used stuff and arguably my Chicago Stompworks rat.

    You can buy it or keep shopping, as always. I made $20 from GC when I traded a guitar to them once.

    I've started sitting on extra money to opportunistically pounce on good deals on pedals. Or amps. Guitars are sexier, for sure, but I'm more open minded about pedals and amps, so deals happen more...
     
  20. nortally

    nortally TDPRI Member

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    It's all about cultural differences. I notice all the people who feel obliged to say "no lowballers". What are they thinking? Why inject feelings into a business transaction? A lowball offer isn't an insult, it's an offer that can be accepted or ignored. Everybody offers everything at about the standard price, except for the motivated sellers who go low. If it's an impulse buy, I want to get a deal. If I really need it and it's expensive, I'm going to buy it from Guitar Center because they're honest, price fairly, and take returns. Unless I can get a deal ;-)
     
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