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Hardware (Instruments and Effects) • Re: Hardware resale prices

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I've bought and sold a LOT of used gear over the past two decades and I agree that 75% of the cost of new is a good general starting point, but it can go up or down from there, depending on a number of factors, including the age and condition, demand for the item you're selling, whether or not it's still in production, etc. You'll get the best price if you bought it brand new and kept it in the studio, have all the original included accessories, documentation, and box. I always find it best to be very clear about these things and specify all the details when selling and, very importantly, include very good photos from multiple angles. Trust me, potential buyers will pay more and spend it more quickly if you take the time to provide details and good photos showing the condition of the synth very clearly without them having to ask you a dozen questions. Nothing makes people skip an ad quicker than ad that says little more than "selling my synth" and has one crappy low-quality image (although, sometimes I find the best deals this way, since it will keep other buyers away).

My advice is to check your local ads to see what people are asking and price yours accordingly. Craigslist is a good gauge for what to expect, so see if you can find some for sale in your city and/or nearby cities (search as many as you can). Also, when you check them, you'll see in the ad how long the ad has been posted. If it's been posted for months, then they're possibly asking too much, or they aren't doing a very good job of advertising it (i.e., see my advice above). Reverb.com and eBay are also good resources, but keep in mind that people will hike their prices up to compensate for the fees they have to pay. Reverb.com does have some resources to help you see how much your particular model actually sold for in the last few months, so that can help you set your price (keeping in mind that they're probably higher than you might sell it for locally).

Statistics: Posted by cryophonik — Wed Jan 03, 2024 5:05 pm



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