How much Value is lost ?

Z

Z

New Member
Once a new drum set is purchased and played . Curious to hear what people say here, as the market seems to be ignoring Supply and Demand . There only seems to be Demand by Supply.
 
No hard and fast laws here but as a "general rule" most people would halve the original value when selling second hand (assuming they bought new and held onto it for at least a year or two)?
 
The gear I've sold has been priced at 55% of MSRP, but I've not sold an entire kit, only snares (always with a bag) and cymbals.
 
I agree with half as rule of thumb , at date of manufacture.. Seems prices asked are new price as of Covid.. Go figure..
 
So an old Ludwig kit should sell for about $200?

I think there is more to the equation than 50% of the new (time of purchase) value. Collectable value aside, replacement cost has to be figured into the equation as well. That tends to drive used prices up. The point being I think, "whatever the market will bear" is the operative term here.

I bought a 10,12,16, 22 Brooklyn kit a few years back. I think the new price at the time would have been 2500-2700. I don't see them selling for $1250 anywhere.

Even a Yamaha Stage Custom is selling for 60-75% of the current sale price.
 
I think it really depends. I keep my gear in immaculate shape.

Drum stores sure as hell don’t sell lightly used gear for 60% of retail. A lot of times it’s 70-80%… if they can do it so can you to the right buyer and patience,

Also depends on the gear: a Pearl export kit maybe worth less then half of what you paid after a year BUT a Ludwig Black beauty will get well over that.

during Pandemic I went crazy and bought tons of gear and sold almost all of it in past 2 years.

In some cases I was able to completely break even. Like the 2 Benny Greb snares I sold. I paid 850 for them new each and sold them for 850 each because the price jumped up to nearly 1200 bucks.

Sold a black beauty for a 100 less than I paid and a Sonor Sq1 kit I broke even on.

Even when I sell to guitar center, they pay me well over 50% (tho I’ve built a relationship with the employee ahd only deal with him).
 
Square said:
So an old Ludwig kit should sell for about $200?
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Yeah it should ! A Vintage one should me more though.. Marketing 101.. I sold a 70's Gretsch USA I played for years for $600 , I bet the guy who owns it now if up for sale wants Vintage Value on it. it's BS.. I sold an AVRI '57 Strat for $1600 the fellow who bought it has had it on Reverb for over 2 years at $3500. I have heard on here the argument of buying high end gear yielding diminishing returns but it seems low end or old gear is yielding increasing return. If there is Logic there I fail to see it..
 
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Square said:
So an old Ludwig kit should sell for about $200?

I think there is more to the equation than 50% of the new (time of purchase) value. Collectable value aside, replacement cost has to be figured into the equation as well. That tends to drive used prices up. The point being I think, "whatever the market will bear" is the operative term here.

I bought a 10,12,16, 22 Brooklyn kit a few years back. I think the new price at the time would have been 2500-2700. I don't see them selling for $1250 anywhere.

Even a Yamaha Stage Custom is selling for 60-75% of the current sale price.
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I also think a MIJ Starclassic kit made in the early 2000s would have more value than a MIC Starclassic kit made ten years later. At least, us Tama fanboys prefer the MIJ shells (and the subtle, classy decals instead of that kludgy, ugly, zit they call a badge).

Same goes for the premium Yamaha kits made by Sakae back in the day.
 
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If you are also selling cymbals and drum pedals then the price could be higher than the new drum kit price.
 
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