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Thread: Best resale values / trade ins / used sale sites?

  1. #1
    Join Date
    Jul 2019
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    Default Best resale values / trade ins / used sale sites?

    Do any brands hold their resale values better than others? Also do any sites take trade ins? Or if not what are the best sites to sell a used ukulele? Thanks

  2. #2
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    Mar 2013
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    JoCo, NC (near Raleigh)
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    hmm, it's a good question about resale, but I'm gonna say "not really". You can expect almost all used ukes to resell for at least 25% less than new. Some more.

    I don't know of any sites the take trade ins. But trades do happen in the Marketplace here.

    Best sites to sell are here and Flea Market Music. Then reverb.com. eBay as a last resort
    Ukulele:
    Iriguchi Tenor "Weeble" - A, WoU Clarity
    Blue Star 19" baritone Konablaster - DGBE
    Cocobolo 16" SC#1-gCEA, SC SLMU
    Ono #42 19" baritone, Ab, LW
    Imua iET-Bb, M600
    Covered Bridge CLN pineapple - Eb cuatro, SC XLL
    Rogue bari
    Bonanza super tenor, cFAD SC LHU
    Kala KSLNG, Eb SC XLU
    Hanson 5-string tenor, dGCEA
    Bonanza SLN GCEA
    Bonanzalele concert
    Guitars:
    Jupiter #47, G, TI CF127
    Pelem, B reentrant
    Jupiter #71, A, UG1

    !Flukutronic!

  3. #3
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    Feb 2012
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    Derbyshire, UK
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    You may find a shop that would take an existing ukulele as a trade in. Don't expect a good deal though. The shop has to make a profit.

  4. #4
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    Jul 2014
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    I've traded in ukuleles when purchasing a new ukulele. The last time I asked a store about that, though, they declined, I think due to the soft market right now. But, you can always ask. Elderly Music, for example, still has information on trading on their website.

    My guess is that the well known, respected brands, (like Kamaka), probably hold their value better than something not well known, (which might make it harder to sell, especially right now), but that's just my guess.

  5. #5
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    When it comes to resale, I am mystified at how much secondhand Makala Dolphins sell for on eBay. Sometimes the same price as new ones. Madness!

  6. #6
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    Jul 2015
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    Catskill Mountains, NY
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    Quote Originally Posted by Jim Hanks View Post
    hmm, it's a good question about resale, but I'm gonna say "not really". You can expect almost all used ukes to resell for at least 25% less than new. Some more.

    I don't know of any sites the take trade ins. But trades do happen in the Marketplace here.

    Best sites to sell are here and Flea Market Music. Then reverb.com. eBay as a last resort
    I agree with what you said, but the most important thing is to keep looking - every day, several times a day. If a good uke appears at a good price, you want to be the first to see it. I'm relieved to say that I've stopped looking.

    I've gotten some very good deals on Magic Fluke instruments on eBay.
    Too many ukes, but I can't stop buying!
    https://www.catskillukulelegroup.com/

  7. #7
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    Quote Originally Posted by Jerryc41 View Post
    I've gotten some very good deals on Magic Fluke instruments on eBay.
    OP asked about the best sites to *sell* a uke. As you say, eBay can have some good deals for a buyer, but sucks for the seller as they take 10% in addition to paypal so could be 14-15%. Although, looking today, it looks like eBay is not as bad as it used to be for musical instruments - probably to compete with reverb.com which is more like 6% total. Still if you can find a buyer here or at FMM, you just have to pay PayPal, or you can side-step that with something like a postal money order.
    Ukulele:
    Iriguchi Tenor "Weeble" - A, WoU Clarity
    Blue Star 19" baritone Konablaster - DGBE
    Cocobolo 16" SC#1-gCEA, SC SLMU
    Ono #42 19" baritone, Ab, LW
    Imua iET-Bb, M600
    Covered Bridge CLN pineapple - Eb cuatro, SC XLL
    Rogue bari
    Bonanza super tenor, cFAD SC LHU
    Kala KSLNG, Eb SC XLU
    Hanson 5-string tenor, dGCEA
    Bonanza SLN GCEA
    Bonanzalele concert
    Guitars:
    Jupiter #47, G, TI CF127
    Pelem, B reentrant
    Jupiter #71, A, UG1

    !Flukutronic!

  8. #8
    Join Date
    May 2020
    Posts
    128

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    Quote Originally Posted by Wdh777 View Post
    Do any brands hold their resale values better than others? Also do any sites take trade ins? Or if not what are the best sites to sell a used ukulele? Thanks
    If you are in a major US city, then craigslist.org has worked well for me selling musical instruments over the years.

    For non-electric instruments, we'd meet at somewhere public like a Starbucks. For electric instruments, we'd meet at my house/garage. I always speak to the potential buyers over the phone rather than only texting or email. I've sold many guitars, keyboards, and digital pianos this way. I usually price the items at 50-75% of my purchase price, and they generally go within a week.

    I think I'll be using craigslist to sell a ukulele once the shelter-in-place order is lifted.

  9. #9
    Join Date
    Feb 2012
    Location
    MN metro area
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    I sold one via Craigslist on the eve of our state's stay at home order. Almost all public buildings were already closed so we couldn't meet at a mall or anything like that. We ended up meeting in a Target parking lot. Less than 5 minutes and we were both rolling and on our way.

    One thing I found with Craigslist (I've sold 3 ukes via Craigslist) is that you get a fair amount of flakey prospective buyers and low-ballers. I think that they must have the idea that since the item is listed on Cragslist that they can get it for a steal or that you are desperate so you'll take a lot less.
    Money can't buy happiness but it can buy a uke which is basically the same thing.

    Ukes are a lot like potato chips. It's hard to stop with just one!

  10. #10
    Join Date
    Feb 2018
    Location
    Saratoga, CA
    Posts
    1,114

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    In case of resale general supply and demand rules apply but with a caveat that the uke market for instruments is still a niche.. so often when you post an instrument online there at most 2-3 folks interested at max which means that there is no guarantee that you will get same selling price twice, the second time you might not find any one one.. for a similar instrument. The good part is the delta usually a few hundred bucks..

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