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Super Contributor
mstreck
Posts: 4,437
Registered: ‎07-17-2005

Are you having trouble selling gear?

I have a crapload of gear that I'm trying to sell off, for what I think are reasonable prices, but no one's buying in my area. Anyone else having the same problem?
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Super Contributor
snoggin
Posts: 547
Registered: ‎03-31-2009

Re: Are you having trouble selling gear?

Yeah I am not even trying..hoping the economy improves. i have geen wathcing the gear page etc and you have to price things ridiculously chep to get anything to move.. So since i am not deperate i am trying to see if things improve but it sems like it is going to be awhile.
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Super Contributor
Posts: 67,947
Registered: ‎08-23-2001

Re: Are you having trouble selling gear?

not really. The last stuff I put on Ebay did really well. I am having a much harder time finding stuff, regardless of price. Its like nobody is even bothering to sell anything.
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Super Contributor
Posts: 23,434
Registered: ‎11-29-2005

Re: Are you having trouble selling gear?

I haven't tried selling anything, but I'm having a great time buying up stuff at great prices. Unless you're desperate (and priced accordingly), no one's interested in your stuff right now.
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Super Contributor
ggm1960
Posts: 5,376
Registered: ‎06-23-2006

Re: Are you having trouble selling gear?

I've had good luck selling gear to people within the large company where I work. They have a "buy and sell" newsgroup on the intranet and also a monthly publication put out by the credit union. A surprising amount of people here dabble around in music or have children or other family members that do. Just since last summer I've sold an Ibanez guitar, Korg synth, Yamaha DD55 drum thingie, Lexicon MX200 and perhaps a couple other things. Things that don't move go up on eBay where it's pretty certain they'll sell. The things I've listed aren't particularly expensive but it's nice being able to move stuff that's just taking up space. When I've upgraded or just don't use something anymore I'll price it to sell because otherwise it sits around taking up space and/or losing even more value. I do have one shitty sale story that is currently still in process though. I listed an M-Audio 2496 sound board that I've had for several years on the posting board, waited for a while and after not generating interest I went ahead and posted it on eBay. It sold.....to a 0 feedback person who turned out to be a deadbeat. After the appropriate amount of time I posted a case and then later closed the case and re listed. Wouldn't you know it.....another 0 feedback stiff won it and didn't pay. Oddly, after two days of waiting on deadbeat #2 I get an e-mail at work from a guy who belatedly saw the ad and was interested. I told him the whole story and in a couple more days when I can close the case on deadbeat #2 I hope he'll still be interested!
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Super Contributor
sventvkg
Posts: 2,556
Registered: ‎03-19-2001

Re: Are you having trouble selling gear?

its gotta be priced right. Your stuff, no offense seems a bit expensive. People want good deals.
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Frequent Contributor
Posts: 115
Registered: ‎02-23-2007

Re: Are you having trouble selling gear?

Seems like high $ items 3K+, and low $ items 1k-, are selling the middle stuff doesn't seem too be doing well. YMMV
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Super Contributor
js1
Posts: 550
Registered: ‎08-01-2005

Re: Are you having trouble selling gear?

Bought a bunch, sold a bunch, and did a trade, all through Craigslist. +1 on pricing having to be reasonable.

js
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Frequent Contributor
Posts: 107
Registered: ‎12-29-2006

Re: Are you having trouble selling gear?

It really depends. Some stuff selling fast and some don't. Some of my fast sellers are my BOSS ME-50 and Fender Amp... On the other hand ,I'm having a hard time selling my BBE Sonic Stomp and Danelectro Fish N Chips equalizer :smileyvery-happy:
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Super Contributor
mstreck
Posts: 4,437
Registered: ‎07-17-2005

Re: Are you having trouble selling gear?

its gotta be priced right. Your stuff, no offense seems a bit expensive. People want good deals.


The stuff in my sig? What would be more reasonable prices?

The Yamaha is in pristine condition and over $300 less than I paid for it new. The Marshall is almost like new and priced $200 less than I've seen it anywhere else (for a used one).

But I'm also trying to sell off some cheap PA equipment (JBL, Mackie, Behringer) for next to nothing - and no one's biting.:idk:
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HARD WORK BEATS TALENT WHEN TALENT DOESN'T WORK HARD
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Super Contributor
wheresgrant3
Posts: 7,812
Registered: ‎11-06-2003

Re: Are you having trouble selling gear?

Yes... it's not easy in this depressed economy and in my opinion if you really want to get rid of gear, price it to sell and be prepared to take a loss. What's priced to sell... maybe 50% less than what you paid for it.

Your competing against three things...

#1- Manufacturers have lowered prices in recent years... so the item that you purchased for $1000 with x-capabilities can now be purchased for $600 new with more capabilities. I see it all over the recording, synth, and PA marketplace. Guys looking to sell used PA cabs for 20-30% less than what they paid for them when newer cabs WITH warranties are within striking distance of the same price.

#2-Retailers offereing EZ pay programs. Why would I spend $900 on a used Triton Extreme when I can buy a brand new M50 for $1200 in five seperate payments over the next 5 months. The price to entice me for that Triton suddenly dropped to the $500-600 range. Will the seller budge. Nope.

#3- The marketplace is flooded with gear right now. Mostly overpriced used gear.

Just looking at my local Craigslist ads a 1988 Korg M1 is asking $800:eek:. $400 in pristine condition would be closer to ground zero.

A guy selling two JBL G10's unpowered at $400 a piece :facepalm:... that price should be for the pair.

A 5'x3' trunk style road case (heavily abused by looking at the pic) is $450... when you could have a custome made case at $300.


Know your market, whether there are buyers out there looking for YOUR gear and what the bottom of the market will support. I've seen the same high priced listings floating around for over a year for now. If it were me I'd cut my losses and move on.
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Super Contributor
wheresgrant3
Posts: 7,812
Registered: ‎11-06-2003

Re: Are you having trouble selling gear?

The stuff in my sig? What would be more reasonable prices?

The Yamaha is in pristine condition and over $300 less than I paid for it new. The Marshall is almost like new and priced $200 less than I've seen it anywhere else (for a used one).

But I'm also trying to sell off some cheap PA equipment (JBL, Mackie, Behringer) for next to nothing - and no one's biting.:idk:


The Yamaha is discontinued... A laptop running Logic or Cubase along with a $300 Firepod is a more affordable recording solution. It's not overpriced... it's just obsolete.

Years ago I purchased an 8 Track Sony MD recorder for $1200... 6 years later I sold it for $250. Yes time is unkind to hardware recording solutions.
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Super Contributor
Posts: 5,898
Registered: ‎02-28-2001

Re: Are you having trouble selling gear?

not really. The last stuff I put on Ebay did really well. I am having a much harder time finding stuff, regardless of price. Its like nobody is even bothering to sell anything.


This is the same for me... or they are selling and I'm not even saving enough money to make it worthwhile to buy it used. Items I am currently looking at are PA gear and a Gibson SG Classic. The SG Classic for example is going for around $850 used when I can get a new one for a case for $1000.
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Super Contributor
THX1138
Posts: 1,706
Registered: ‎10-27-2004

Re: Are you having trouble selling gear?

The Yamaha is discontinued... A laptop running Logic or Cubase along with a $300 Firepod is a more affordable recording solution. It's not overpriced... it's just obsolete.

Years ago I purchased an 8 Track Sony MD recorder for $1200... 6 years later I sold it for $250. Yes time is unkind to hardware recording solutions.


This here is your big problem. I work for a Pro Audio retailer, and unfortunately, many recording systems take a freakin dive as soon as they're released. Too many manufacturer's putting out the same things. And like WG said earlier, you're also competing with price drops on new items.
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Super Contributor
mstreck
Posts: 4,437
Registered: ‎07-17-2005

Re: Are you having trouble selling gear?

This here is your big problem. I work for a Pro Audio retailer, and unfortunately, many recording systems take a freakin dive as soon as they're released. Too many manufacturer's putting out the same things. And like WG said earlier, you're also competing with price drops on new items.


Ugh. So I'm looking at more like $250 for the Yamaha?

The Marshall is a friend's, so I can't play with the price.

Thanks, guys! That helps!
My cover band

HARD WORK BEATS TALENT WHEN TALENT DOESN'T WORK HARD
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Super Contributor
wheresgrant3
Posts: 7,812
Registered: ‎11-06-2003

Re: Are you having trouble selling gear?

Ugh. So I'm looking at more like $250 for the Yamaha?

The Marshall is a friend's, so I can't play with the price.

Thanks, guys! That helps!



I wouldn't say $250... but certainly $400-500 is a place to start. I just don't know anyone who would spend $800 for a hardward 8 input recording device when a laptop can do the same thing.

Remember depreciation is not what you perceive what it's worth... it's what fills the need and what people are wiling to pay for it.
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Super Contributor
mstreck
Posts: 4,437
Registered: ‎07-17-2005

Re: Are you having trouble selling gear?

I just don't know anyone who would spend $800 for a hardward 8 input recording device when a laptop can do the same thing.


I did, but I also bought a Cybertwin. :facepalm:
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Super Contributor
ggm1960
Posts: 5,376
Registered: ‎06-23-2006

Re: Are you having trouble selling gear?

Here's another tip. If you've ever sold anything on eBay perhaps you've seen the little drop option titled 'What's It Worth' (or similar). You paste in your item and eBay gives the average price the item has been selling for. I've found this to be uncannily acurate.
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Super Contributor
mstreck
Posts: 4,437
Registered: ‎07-17-2005

Re: Are you having trouble selling gear?

Here's another tip. If you've ever sold anything on eBay perhaps you've seen the little drop option titled 'What's It Worth' (or similar). You paste in your item and eBay gives the average price the item has been selling for. I've found this to be uncannily acurate.


Nice! I didn't know they added that feature. Thanks!
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HARD WORK BEATS TALENT WHEN TALENT DOESN'T WORK HARD
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Super Contributor
Posts: 3,459
Registered: ‎09-23-2002

Re: Are you having trouble selling gear?

I wouldn't say $250... but certainly $400-500 is a place to start. I just don't know anyone who would spend $800 for a hardward 8 input recording device when a laptop can do the same thing.

Remember depreciation is not what you perceive what it's worth... it's what fills the need and what people are wiling to pay for it.


Yep, especially when brand new hardware 8-tracks, even with CD burning capability and 40GB HD's nowadays can be had for an average of $400 - $600, $800 can probably get you a high-end 16 track recorder.
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