THE GUITAR MARKET IS FLOODED
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Published 2024-07-03
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All Comments (21)
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My plan is to build an Ark for the great flood and make sure we save 2 of every guitar model ever made. This will ensure that we have guitars forever.
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The guitar market is flooded, and so is my guitar roomπ
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Flooded should mean better prices for new gear, but prices aren't coming down much if at all. The best bet is the used market - cooler mojo too.
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I suppose that I should go shopping. I heard yesterday that, according to AAA, gasoline prices are going down due to decreased demand. People are not spending money on anything.
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Iβm good, I got my Tele. Done and done.
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G'day Baxter & G'day Jonathon, Baxter is right about the 2021 thing - it's even happening here in Australia. In the last 25 months, I have bought 3 new Fender guitars, from 3 different shops, at 3 different price ranges, in 3 different years, and every one of them is a 2021 model! I didn't even notice that the last one, which was bought 10 days ago, was a 2021 until I bought it home. I might have to go out shopping again in the next month or two... π Thanks for the great video. Keep up the good work Andrew
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Dude... A guitar shop just encouraged me to go to reverb. Love these guys!
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Rick Beato says that kids have pretty much stopped practicing guitar and other musical instruments. Computer Games and AI is the new thing -and learning a guitar seems like work to younger folks. The overall amount of people playing guitar has been falling for over a decade. The only bump was during Covid. It is now back to normal.
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I really appreciate your pretty refreshing common sense observations and advice. Thanks!
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Fun stuff, I'm in. π Recently I bought a Sterling Majesty 7 with about a inch and a half finish damage by the tone knob for just over half the new price.
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π my first guitar is an πΊπΈ fender stratocaster for $1000 in 2016 and still have it . I now just bought a Tease Guitar SBH-HD Series T Style TUMMY CUT 13.0K Alnico V Humbucker and got 2 . A great budget guitar, I'm totally impressed with this guitar.
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Itβs not just that young people donβt want to learn how to play instruments as much as they did 40 years ago or whateverβ¦ todayβs music is not guitar music. Why would teenagers want to learn how to play music from their parents generation? The used market is going to be nuts in another 10 years as boomers age out of guitar playing and want to sell everything.
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I check Reverb regularly but itβs seems like the used gear isnβt that much cheaper than buying new. Great video guys.
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Supply side economics, guitar acquisition syndrome, add inflation, higher rents and cost of living and next thing you know that extra guitar isn't as important as paying the bills, or having an emergency fund in reserve. So in New Guitars there is no longer the wait of just 2 years ago, most Vintage stuff is dropping, although Top Tier Guitars seem to be holding steady or rising. Good time to be a buyer. You guys helped me upgrade from my Goldtop Slash for a Warrior 54 Prototype that is Magical
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I just got a used magnatone super 15 for 1200... I'm enjoying this!! The price AND the amp head!!
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I do motorcycles for a living, and play guitars for a hobby. The motorcycle business is super similar. These are discretionary income items. Same thing happened...lots of new riders during, and following the pandemic. Prices were up, inventory was down....now it's a slow flip.
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I think this holiday season will be great for guitars! Especially if someone else or anyone else is running this country!
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I'm a little envious of new players at this time with so much variety of amazing and affordable guitars, amps, and effects. To those that can afford a 2-5k guitar as their first instrument, well done! Its never to late to start a love affair with a great instrument and making music.
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Great video!
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Love ya guys!