Jerryc41
Well-known member
I'm fairly new to the phenomenon of accumulating ukuleles, but I started thinking about pricing. If someone buys a new uke for $1,000 and sells it a few years later, he's not going to sell it for $1,000. The price might be $700.
Suppose that owner sells it three years later. Why would the price drop from $700? Assuming it's still in good condition, it could keep selling for $700 for the rest of its life. Of course, market conditions would also influence the price.
When I want to buy a particular make and model, I look at the price of a new one, and then I look at what 's available on the used market. Used usually comes out ahead.
Suppose that owner sells it three years later. Why would the price drop from $700? Assuming it's still in good condition, it could keep selling for $700 for the rest of its life. Of course, market conditions would also influence the price.
When I want to buy a particular make and model, I look at the price of a new one, and then I look at what 's available on the used market. Used usually comes out ahead.