What Should That Used Instrument/Gear Cost?

You want a piece of music gear, but can’t/won’t pay for it new. You can look for it used on eBay, CraigsList, etc. – but how do you know what a fair price is for it?

  • First, price it NEW online – I’ve seen used items advertised at a price for which you could get a new one!
  • Check www.prepal.com, which lists the current going price for many brands of band gear (guitars/keyboards.amps/etc), and whether the price is trending up (as it may for something rare that folks desire) or down.
  • Search for the item in completed listings on Ebay – to do this you must be logged in, then next to the Search button click “advanced”. On the Advanced Search page check the box for “completed listings” under Search including, then enter your search terms. This will show you both successful and failed auctions, whcih helps you to judge what price people consider to be too high.
  • Use the knowledge gained above to bargain with a CraigsList seller (e.g., “these are going for $$$ less than your price on eBay”).