Fair price for a U681T-5
twistedlim
Posted 2009-05-17 10:18 PM (#415233)
Subject: Fair price for a U681T-5


Joined:
November 2008
Posts: 1119

Location: Michigan
Can anyone tell me what the going rate is for an U681T-5 30th anniversary, given today's market?
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Old Man Arthur
Posted 2009-05-17 10:51 PM (#415234 - in reply to #415233)
Subject: Re: Fair price for a U681T-5



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Posts: 10777

Location: Keepin' It Weird in Portland, OR
A U681T-5just ended on evilBay at $995 (including shipping) but it didn't reach the reserve.
But that didn't say 30th Anniversary.

(Was that yours?)

So, if that is an example, it was worth about a Thousand bucks, but the seller wanted more.

I would say more, but you gotta find someone who has the money.

[I just spent $1149 on a 1681]
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BluesSailor
Posted 2009-05-17 10:53 PM (#415235 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


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February 2005
Posts: 1133

Location: Parrish, FL
They should be selling for $1100-1200, (Actually they are worth far more than that) but this market is making a mockery of values.

Blues
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BluesSailor
Posted 2009-05-17 10:53 PM (#415236 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


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Posts: 1133

Location: Parrish, FL
They should be selling for $1100-1200, (Actually they are worth far more than that) but this market is making a mockery of values.

Blues
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alpep
Posted 2009-05-17 11:18 PM (#415237 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
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Posts: 10583

Location: NJ
i should just ban all price police threads

they really make me laugh
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twistedlim
Posted 2009-05-18 6:18 AM (#415238 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
November 2008
Posts: 1119

Location: Michigan
Originally posted by alpep:
i should just ban all price police threads

they really make me laugh
Curious as to why? I have an local opportunity. I have searched the forums here and came up with vague idea but was hoping to get some specifics from those who know the guitar, and market well. How can it be price police? I am not knocking anyones price on the classified section, heck I did not even post it there.

Anyway it seems that 1000-1200 seems about right.

And Arthur, the one that went to $995 is not mine. I do not own one. I must have missed that auction. But thanks for the heads up. It does give me a better idea.
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alpep
Posted 2009-05-18 9:04 AM (#415239 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
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Posts: 10583

Location: NJ
because prices are subjective.

if you look on e bay you can see 100 prices for the same item so I think the high price is fair you think the low price is fair.
who is right?
neither
it is what you are willing to pay for it.
prices often vary on used items drastically.

there is no right or wrong answer

that is why I should ban the posts
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seesquare
Posted 2009-05-18 9:17 AM (#415240 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
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Posts: 3664

Location: Pacific Northwest Inland Empire
Given this IS a "discussion" forum, it is somewhat entertaining speculation, in the pursuit of "getting a good deal".
However, we need structure & modulation, and Al has every right, as our administrator, to impose that structure.
If you need pricing info, do the necessary research. Nobody said life did not require persperation.
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seesquare
Posted 2009-05-18 9:19 AM (#415241 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
November 2002
Posts: 3664

Location: Pacific Northwest Inland Empire
Yeah, I know I spelled it wrong.
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Gallerinski
Posted 2009-05-18 9:24 AM (#415242 - in reply to #415233)
Subject: Re: Fair price for a U681T-5
Joined:
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Posts: 4996

Location: Phoenix AZ
One of the other forums has an NP3: "NO PRICE POSTING POLICY" which I actually think is a good idea.

If you are a possible seller, you just post "Thinking of selling my XYZ, please PM if you have some advice what you think I should ask for it."

Or if you're a buyer, "Interested in an XYZ, please PM if you can advise me what a reasonable price would be."
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alpep
Posted 2009-05-18 9:30 AM (#415243 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
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Posts: 10583

Location: NJ
again I take issue with the "thinking I am selling' or testing the waters

on this board it is

for sale

or


not for sale


no indecision
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Gallerinski
Posted 2009-05-18 9:41 AM (#415244 - in reply to #415233)
Subject: Re: Fair price for a U681T-5
Joined:
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Posts: 4996

Location: Phoenix AZ
Yeah, but Al I think there is a difference between asking for public comment, and asking for a private opinion.

The "Thinking of selling..." posts drive me crazy as well. It either is or isn't for sale and if it's publically for sale you damn well better know what you want for it.

But I think a private opinion is a different matter. If I'm sitting on a guitar that I'm not so familiar with and it's potential sales price is going to dictate whether I go to the trouble to try and sell it or not I would certainly appreciate the personal PM inputs of those more experienced than myself. If someone dropped a mid 60's Les Paul in my lap right now I'd have no clue what I had. If I could get 3k for it I'd probably put it up for sale. For 1k I'd probably keep it.

But what do I know, I'm just an idiot who buys guitars I don't need for a living.
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twistedlim
Posted 2009-05-18 10:49 AM (#415245 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
November 2008
Posts: 1119

Location: Michigan
Originally posted by alpep:
again I take issue with the "thinking I am selling' or testing the waters

on this board it is

for sale

or


not for sale


no indecision
OK, I guess I should have stated that I was thinking of it from the purchase end not the selling end. That is why I did not post it on the "Classified" section of the bulletin board. I was not "thinking of selling". I did not mean to start such a fuss but it is a limited edition guitar and I could not find very much information about what the they had been selling for. Anyway, I got a PM that answered my questions pretty much, so thank you to the PMer and I guess we can consider this thread dead.
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moody, p.i.
Posted 2009-05-18 11:30 AM (#415246 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
March 2002
Posts: 15680

Location: SoCal
I'm thinking of buying some female companionship and was wondering you guys felt was the fair price to pay for it?

No, wait. I already have it. It's called a wife and it's cost me everything I own......
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Slipkid
Posted 2009-05-18 11:45 AM (#415247 - in reply to #415233)
Subject: Re: Fair price for a U681T-5



Joined:
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Posts: 9301

Location: south east Michigan
Need more specifics Moody...
age,
how much wear & tear,
condition of the top,
You know... that kind of stuff.
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moody, p.i.
Posted 2009-05-18 11:49 AM (#415248 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
March 2002
Posts: 15680

Location: SoCal
I retract my "price police" question.......
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bauerhillboy
Posted 2009-05-18 11:52 AM (#415249 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
February 2004
Posts: 1634

Location: Warren,Pa.
I wouldn't give you any of that info about MY wife of 22 years, but I can assure you I am a lot worse for wear than she is. I'll bet the same is true of you guys!

John <>{
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MWoody
Posted 2009-05-18 11:56 AM (#415250 - in reply to #415233)
Subject: Re: Fair price for a U681T-5



Joined:
December 2003
Posts: 13996

Location: Upper Left USA
If "we" told you one price and the Seller was firm on asking a higher price - who would be right?

In general:
New
For off the shelf items look at the MFR suggested retail price or SRP and deduct 1/3 to arrive at the Minimum Advertised Price or MAP, which is as low as the Authorized Dealers are allowed to advertise per their brotherhood agreement.

Liquidation sales, FRG, overstock and such may go lower.


For used equipment we are spoiled and expect to pay about half of the MAP for good used instruments. Generally Ebay and Craigslist sales will show the "market" values but as of the last few months the rules have changed - due to desparation and less disposable income.

Special deals, one-of a kinds and custom builds are just that - your mileage may vary (YMMV).

Lesson Learned for me - If I am thinking about buying a certain model I should start my question with "I am looking at buying a "XXXXXXX", what have they been going for?

I generally check Ebay sales, GC/MF prices and the sales here to get an idea of sale prices.

As far as Moody's question goes, all I can say is "Priceless"...
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Mark in Boise
Posted 2009-05-18 2:01 PM (#415251 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
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Posts: 12761

Location: Boise, Idaho
Moody, unlike guitars, they start out as SSBs and end up as deep bowls, but the sound doesn't improve.
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moody, p.i.
Posted 2009-05-18 2:28 PM (#415252 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
March 2002
Posts: 15680

Location: SoCal
Originally posted by Mark in Boise:
Moody, unlike guitars, they start out as SSBs and end up as deep bowls, but the sound doesn't improve.
I don't think I want to share that one with my wife....
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MWoody
Posted 2009-05-18 2:33 PM (#415253 - in reply to #415233)
Subject: Re: Fair price for a U681T-5



Joined:
December 2003
Posts: 13996

Location: Upper Left USA
Mark,
Did you hear that from the Baritone, the Traveller or the Parlor...
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Mark in Boise
Posted 2009-05-18 3:13 PM (#415254 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
March 2005
Posts: 12761

Location: Boise, Idaho
Originally posted by moody, p.i.:
Originally posted by Mark in Boise:
Moody, unlike guitars, they start out as SSBs and end up as deep bowls, but the sound doesn't improve.
I don't think I want to share that one with my wife....
I won't tell her you were looking for female companionship.
I really shouldn't talk. I'm the one who has gotten rid of the shallow bowl. Yesterday, SWMBO called me "Punkin Butt." Now that I've finished my morning donut and 2 cookie lunch, I'm going on a diet.
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Trader Jim
Posted 2009-05-18 4:27 PM (#415255 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
June 2006
Posts: 7307

Location: South of most, North of few
Originally posted by alpep:
because prices are subjective.


there is no right or wrong answer

Al is right. (did I just say that out loud?) :D
What's it worth to you is what it's worth to buy.
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2ifbyC
Posted 2009-05-18 5:00 PM (#415256 - in reply to #415233)
Subject: Re: Fair price for a U681T-5
Joined:
December 2006
Posts: 6268

Location: Florida Central Gulf Coast
I actually enjoy the 'what is this model worth?' posts.

First of all, if I have the questioned model, I can contribute my experiences.

If it's a model I don't have, then I'm exposed to another item in the 'O' line (aka GAS). I've learned so much from other's inquiries and the subsequent replies.

I never tire of following the fluctuations in the market, whether it be due to popularity, reputation and/or the economy. Yes, currently we are in a major sellers market slump.

I do dislike the "thinking about selling... what if/then..." 'fishing' posts, although I do think they shouldn't be banned.

Just my and probably worth less...
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Gallerinski
Posted 2009-05-18 5:25 PM (#415257 - in reply to #415233)
Subject: Re: Fair price for a U681T-5
Joined:
May 2008
Posts: 4996

Location: Phoenix AZ
The problem is, if a guitar is worth 800. to me and worth 1000. to you, then what's it worth? Good question.

I had an Aunt Nora who was a chronic lier about pricing. It was like a sickness with her. What ever you owned, she owned the exact same thing and either paid way, way more then you (thereby somehow making hers seem superior), or she paid way, way less than you, hence making you feel like you somehow got ripped off. It drove my mother freaking crazy to the point where Mom started doing pre-emptive lying. She'd buy a tablecloth for $10 and tell us "If Aunt Nora asks, this cost $25".
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kotadawg
Posted 2009-05-18 5:30 PM (#415258 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
November 2007
Posts: 1486

Location: Cincinnati
I like knowing what a guitar is worth so that I know how much to not sell it for.
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Trader Jim
Posted 2009-05-18 6:24 PM (#415259 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
June 2006
Posts: 7307

Location: South of most, North of few
Jack, I like the sig line.... :D
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twistedlim
Posted 2009-05-18 7:06 PM (#415260 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
November 2008
Posts: 1119

Location: Michigan
OK folks, I am not selling this guitar. It is for sale for $1000. My post was to find out if anyone had any idea of what these sold for. I found a couple of posts on the classified adds here and some ebay sales that did not complete so they really don't mean anything.

This is not a hypothetical question. Nor am I fishing to find out what "my guitar" is worth. I read they retailed for between 2-3k but that was suggested retail and we all know how that works.
Then there is the resale, some models hold their value better than others, as we all know and I dont know where this particular model fits in. From the best I have been able to determine(thanks to a couple of PMs) the going rate for one in good shape should be 1200 to 1500. But hey the ebay ones never approached that. Sooo it sounds like a nice deal, not a great deal or a steal but fair for the market.
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Slipkid
Posted 2009-05-18 7:16 PM (#415261 - in reply to #415233)
Subject: Re: Fair price for a U681T-5



Joined:
September 2003
Posts: 9301

Location: south east Michigan
Let us know what you end up with.
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kotadawg
Posted 2009-05-18 7:36 PM (#415262 - in reply to #415233)
Subject: Re: Fair price for a U681T-5


Joined:
November 2007
Posts: 1486

Location: Cincinnati
Originally posted by Trader Jim:
Jack, I like the sig line.... :D
You told me to change it when I sold the CEO that I didn't sell.
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