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Prices are going crazy!


tommy p

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"My mechanic had an interesting comment about a BMW convertible he was restoring. He said he thought he could get top dollar for it today because of the nostalgia factor, but the value will decline as those with an emotional attachment to that model age out/die. Wonder if this goes for guitars? (Sorry, can’t remember Year/model of BMW)"

No. If you consider the number of post-Boomer car nuts who go gaga over restored Gremlins and Pacers and Novas and Pintos (gag!), let alone 'Cudas and Cameros and GTOs and BMWs and Mercedes and all other autos from the 80's and 70's and 60's and 50's and earlier, you'll conclude that, as has always been true throughout human history, scarcity fuels desirability which fuels scarcity which fuels desirability which fuels....

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3 hours ago, bry4321 said:

My mechanic had an interesting comment about a BMW convertible he was restoring. He said he thought he could get top dollar for it today because of the nostalgia factor, but the value will decline as those with an emotional attachment to that model age out/die. Wonder if this goes for guitars? (Sorry, can’t remember Year/model of BMW) 

We’ve been having that conversation on this board for 25 years.  Prices are still going up!

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9 hours ago, cmatthes said:

We’ve been having that conversation on this board for 25 years.  Prices are still going up!

Verily, verily.  But...all the lads who were thinking of "old guys with too many guitars" when discussing the matter 25 years ago are now, themselves, old guys with too many guitars. I wasn't on here 25 years ago, but I fit the description nonetheless. 🙂

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10 hours ago, cmatthes said:

We’ve been having that conversation on this board for 25 years.  Prices are still going up!

I think this will continue to be the case as long as hack builders command insane prices for their high school shop class projects.
Paying a grand more for that used Hamer than you would have dreamed a few years ago suddenly makes more sense.

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I guess? I had someone tell me today my 2002 Hamer studio was worth $1K tops. I suppose if we go back in time far enough they'd be right. Trying to get anything USA made with USA pickpups for a price like that is getting challenging. I will say there are still deals to be had on the PRS Mira models.

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