I have a 2010 strat highway one that I'm trying to sell on craigslist and another site. It has 3 pickups and a humbucker. The suggested resale on the Fender website is $1,000. This guitar is almost brand new but I can't get any offers over $500. Am I missing something?

Rich

Hello and welcome to the site. I have no idea where you got a suggested resale price on this Fender site because sales are prohibited here as per forum rules!

I didn't say it was THIS fender site.

Rich

Oh! Well excuse me and carry on my friend!! Good luck!

Rich - you are confusing the manufacturer's "list price" with the price that these actually sell for new. The list price on the Fender website for the Highway 1 is $1,000. However, they usually sell for $700 new at dealers (that is the "minimum advertised price" or "MAP" on that guitar). $500 is a reasonable used price.

Here is how it works - like almost all musical instrument manufacturers Fender sets the "list price" and they sell the guitars to their dealers for a "wholesale price" that is a percentage of the "list price". You can estimate that the "wholesale price" is going to be about 50% of the list price; therefore the dealer can sell the guitar for 30% less than the list price (in this case list is $1,000 and selling price is $700) and still make a profit. When selling a used mass-market instrument like a Fender you have to figure the used price will be about half of the list price - thus the $500 offers you're getting.

Frankly our local Craigslist is a real low-baller's heaven; if I had a Highway 1 for sale here I would be fielding a lot of $400 offers for one.

Like anything you buy new, you get it out of the store, it depreciates by 50%.

But you did say "the Fender website" and this site IS the Fender website.

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Bill

exactly!
I thought I was trying to be nice.

Bill this is A Fender website, not the only one on the world wide web. Thanks to all who make comments. Very helpful

Rich

Arjay

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"Here's why reliability is job one: A great sounding amp that breaks down goes from being a favorite piece of gear to a useless piece of crap in less time than it takes to read this sentence." -- BRUCE ZINKY

$500-$550 is about right for that guitar. tops.

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63supro
"The good thing is in a club situation, most of the patrons are trashed and really can't tell the difference."

Go back and re-read your post, you didn't say "a" you used the definite article "the". This is the only "The Fender Website".

Like others have said these sell for 700 new all day and can easily be bought used for 400-550. Someone would have to be high to pay anything near $1,000 for a highway one.

[quote][Go back and re-read your post, you didn't say "a" you used the definite article "the". This is the only "The Fender Website".
/quote]

Getting a little anal aren't you?

A prime example of how "NOT" to join a forum and become a respected member on it.

Jackassery!

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Good Vibes To Y'all!



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