Music gear depreciates rapidly. Even in its prime condition, expect it to sell for less than its value as new. Set a minimum selling price and stick to it.
Most music stores will give you up to 60% of the resale value for used gear sold directly to them, providing a better deal than listing it online or through classifieds. Learn more about the guitar trade in value.
It’s a safer way to get rid of your gear.
Although it can be tempting to want the latest gear, sometimes financial restrictions prevent that. When this occurs, guitar trade-in is the safest and best way to sell off old gear for cash; that money could then go toward paying for new purchases! It’s much better than selling online or through classified ads!
Guitar Centre will typically offer 60% of its current market value for used gear that they purchase, which is quite generous. Remember that it must be in good condition since they won’t purchase guitars with cracks, scratches or dents. In addition, be sure to clean and bring in your gear along with its gig bag or case to maximize the chances of a sale.
Before bringing in your gear for sale, it is wise to research its prices online and locally at music stores. Once you know its true worth, decide how much of a loss it would be in exchange for something else; bear in mind that you still must cover shipping and handling fees, so your profits may not be as much if sold yourself.
It’s convenient
Selling old guitar equipment can be time-consuming, taking hours of searching online classified ads for suitable listings and listing them there. Trading it at stores like Guitar Centre may be simpler and cheaper; thus, some may opt to trade in their gear rather than sell it privately.
GC will typically give you 50%-60% of the resale value for used equipment purchased at their stores, so it is wise to do your research online before going to the store – this can help ensure you avoid being shortchanged or overpaying, but keep in mind that stores may still make money off of your sale! Learn more about the guitar trade in value.
Guitar Centre has extensive experience buying and selling pre-owned gear. Their staff will usually help determine the fair wholesale market price of any piece they acquire – particularly about vintage equipment that may be difficult to appraise.
Bring in your gear for trade-in! Once they’ve assessed it, they’ll tell you its value and allow you to apply that credit towards purchasing another item from that same store – or use it elsewhere, like another GC store or online marketplace.
It’s cheaper
Your best chance at receiving maximum value for your used guitar is trading it at a music store. They have years of experience assessing fair wholesale market estimates for musical instruments and gear, from acoustic guitars and drums to violins and pianos – they will often offer offers very close to retail price for new equipment, usually offering between 50-60% of what it was originally worth depending on condition and demand; making for maximum profit!
Bear in mind, though, that these figures are just an average and may differ depending on where your store is. Sometimes you might be able to sell your gear at a much higher price by investing more work in marketing it rather than just listing it online or through classifieds.
It’s easier
Though you might feel sentimental towards old gear, remember that its value in the marketplace is almost nil. No matter how much you loved that guitar or drum kit of old, its electronics still only exist as metal components inside. If you want something different, trading in current instruments at music stores is an easy and efficient way to dispose of old instruments while using those proceeds to purchase something more suitable to your taste. Learn more about the guitar trade in value.
Dealers typically offer 50-70% of your item’s retail value when trading it in, as they’re looking to sell your guitar or gear quickly and make sure that any prospective buyers consider it a fair deal. Therefore, before trading in your gear, ensure it’s clean with fresh strings – this ensures a higher offer from them!