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Guitar value

Discussion in 'Sidewinders Bar & Grille' started by Stratafied, Dec 1, 2019.

  1. Stratafied

    Stratafied Strat-Talker

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    Why is it that MIM strats go down in value much more than American, I have one of each and think they are pretty close.
     
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  2. Believer7713

    Believer7713 Most Honored Senior Member Silver Member

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    To sum it up in two words...American Pride

    Sent from my SM-G975U using Tapatalk
     
  3. LPBlue

    LPBlue "That Guy", again...dammit! Strat-Talk Supporter

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    They don't really. I have a few :whistling: guitars including Mex/ USA Fender. There is little difference and in fact my fave Fenders are a toss up between a 92 MIM Tele and a 94 MIA Strat for playability. Both sport Joe Barden (early 90s vintage) pups that deliver in any situation.:cool:
     
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  4. Stratoskater

    Stratoskater Most Honored Senior Member

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    It’s like most things, items that cost more tend to hold value better. Likely due to a feeling that they are better quality. I see it with used mtn bikes, skis, golf clubs, etc.
     
  5. Stratafied

    Stratafied Strat-Talker

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    Very true.
     
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  6. simoncroft

    simoncroft Dr. Stratster Strat-Talk Supporter

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    Spot on. Ask any trader in antiques, or used items and they will tell you the same thing: quality always sells.

    Another thing you need to factor in is the price of a new equivalent. If someone says to me: "This guitar sells new for $4,000, but you can buy my immaculate example for $3,000", part of me is thinking I could save $1,000 just because I wasn't the guy who bought it from the store.

    But if someone says to me: "This guitar sells new for $400, but you can buy mine for $300", I'm thinking about the hassle of going to check it out, or the cost of getting it delivered. While @Lonn might go for it, a lot of us can't be bothered unless we were already looking for that specific guitar. Another $100 and you get a new one delivered to your door, that you can send back if you don't like it.
     
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  7. mikej89

    mikej89 Senior Stratmaster

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    I don't think they do though. A new MIM costs $600 and everyone wants $400 for them used on CL regardless of condition practically. A new MIA Pro which is the same as the older Standards costs $1500 and you can get used Standards for $800 on average. So used MIM = 33% depreciation and used MIA = 47% depreciation. More expensive items almost always depreciate more. It's the same reason why a Mercedes that costs 100k new is only worth 50k in 5 years.
     
  8. Stratoskater

    Stratoskater Most Honored Senior Member

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    You’re comparing two different MIA-models. GC has dozens of MIA Pros for $999 used. That is 33% off the new price, same as the MIM you mentioned. Also I see used MIM on CL for $300-350 here every couple weeks. I would never pay $400 for a used MIM. And an Am Pro is not the same as mia std. Pro has bone nut, treble bleed and the deluxe case.
     
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  9. 3bolt79

    3bolt79 Senior Stratmaster

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    My two American Specials were perfect when I bought them new. My Vintera 70’s strat came with overspray on the Pau Ferro finger board. Also the neck overhangs the pocket by a couple of 64ths. This was my second Vintera. The first one that I got was cosmetically perfect, but the truss rod didn’t work. I had another Mexican Fender a player series that had a truss rod that didn’t function as well, and sent it back. The QC seems to be better on the American Guitars I’ve bought than the Mexican guitars. I wouldn’t pay more for an American guitar just because of national pride, as someone stated earlier. I pay more for the American guitars because the quality has been better, and there are less annoying little issues on the American guitars. In the case of my American Specials, I paid less for them new than I did for my Vintera, as they were discontinued models.
     
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  10. misterwogan

    misterwogan Senior Stratmaster

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    I recently sold an MIM strat - for the same money that I paid for it. I just added a cheap tweed case and an American string tree. So it's possible to minimise the loss on an MIM whereas with the MIA, there's very little value to add.
     
  11. Thrup'ny Bit

    Thrup'ny Bit Grand Master Curmudgeon Strat-Talk Supporter

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    Resale value means nothing to me, I don't buy used or sell guitars.
     
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  12. RoyC

    RoyC Strat-Talker

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    The problem with that is, if I want an older model, I have to buy used.
    The guitar that I am after at the moment was only made 1982 / 83.
     
    Last edited: Dec 2, 2019 at 10:14 AM
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  13. CB91710

    CB91710 This is a Custom Title Gold Member Strat-Talk Supporter

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    Percentage, they probably hold (or lose) resale about the same as a US model.
    As soon as you leave the music store with it, you're looking at 50% resale value.
     
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  14. balston11

    balston11 Senior Stratmaster Strat-Talk Supporter

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    This is not true in the UK in recent years some ordinary MIMs are getting closer to US models on Ebay Prices have risen more on MIMs in the last few years
    More Expensive Ebay MIM sales
    Strat 2016 Arctic White £460 VGC Aug-19
    Strat 2011 CAR £445 Hard case Mint May-19
    Strat 2001 Sunburst £440 Lindy Fralin pups CIP Nov-19
    Strat 2013 Natural £432 Jun-19
    Strat 2013 Arctic White £430 Fender hardcase Feb-19
    Strat 2016 CAR £420 Jul-19
    Strat 2017 Oly White £415 Jul-19
    Strat 2013 White £400 Unplayed CIP Sep-19
    Some Recent cheap USA strat Ebay sales
    Strat 2003 CAR £421 Bit roadworn Aug-19
    Strat 1996 Sunburst £440 CIP Sep-19
    Strat 2003 White £450 CIP Mar-19
    Strat 1996 Black £469 CIP Jul-19
    Strat 1997 Sunburst £470 CIP Jun-18
    Strat 1995 Black £475 CIP Sep-19

    Don't particularly know why but there you are
     
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  15. Neil.C

    Neil.C Most Honored Senior Member

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    Those MIM prices are crazy, assuming they are all standards. Isn't that around the price they were new then?

    You can buy a new Player now for £399.
     
  16. balston11

    balston11 Senior Stratmaster Strat-Talk Supporter

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    They are all standards I am okay at recognising the various MIMs so tend not to miss mistaken listings
     
  17. balston11

    balston11 Senior Stratmaster Strat-Talk Supporter

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    Here are some non standards
    Strat Ritchie Blackmore 2011 Oly White £730 Jan-19
    Strat Ed O’Brien Sustainer 2018 White £700 Jul-19
    Strat Ed O’Brien Sustainer 2017 White £685 Sep-19
    Strat Ed O’Brien Sustainer 2017 White £679 Aug-19
    Strat Dave Murray 2016 Sunburst £675 CIP May-19
    Strat Classic Series 60s lacquer 2017 Sunburst £620 Feb-19
    Strat Ed O’Brien Sustainer 2017 White £620 CIP Dec-19
    Strat Wayne Kramer 2011 various £620 Jun-19
    Strat Dave Murray 2018 Sunburst £602 Sep-19
    Strat Dave Murray 2016 Sunburst £600 Jul-19
     
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  18. fretter

    fretter Strat-Talker

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    There might be a perception that the MIAs are made of higher quality parts. I don't think that's true, although I'm no expert.
     
  19. Colnago1

    Colnago1 Strat-Talker

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    Buy everything used so that you pay the actual value price. All of my gear is used and I can sell it all for what I paid.
     
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  20. vid1900

    vid1900 Most Honored Senior Member

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    It's absolutely true that the MIA are made of higher quality parts.

    EVERY part of the MIM, even the strap pins, are purposefully chosen to be of lesser quality.

    Fender is not dumb.
     
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