Are Guitars a Good Investment? | Alamo Music Center

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  • Опубліковано 20 жов 2024

КОМЕНТАРІ • 103

  • @syriol_
    @syriol_ 4 роки тому +15

    I’ve never thought about buying a guitar because I think it’ll be worth a lot in the future. I just want a guitar that looks great, feels great and sounds amazing. I love my v class bracing Taylor 12 fret guitar. If I looked for a ‘vintage’ Taylor I wouldn’t have gotten a guitar with the v bracing which I love. I like that manufacturers can experiment and develop guitars and give us amazing instruments

  • @StefanGBucher
    @StefanGBucher 4 роки тому +2

    Excellent assessment! I collect art and used to collect antique lamps and clocks. Unless you get to the dealer level or you get insanely lucky, any value increase will never increase the gap between buying from a dealer at their markup to selling later-back to a dealer BEFORE their markup. Buy what you love having in your life.

  • @mister-LA
    @mister-LA 4 роки тому +13

    I typically buy a guitar with the resale value in mind so that when or if I sell it I won't take too big of a hit. Buying a new guitar is kind of like buying a new car, as soon as you walk out the door with it the value drops substantially. I tend to buy used guitars and hope to break even when or if I sell. Also, as Chris points out, it's very difficult to make money buying and selling guitars. You have to buy at a great price in order to make money. Pretty much the only way to buy a guitar at a great price is to find one that's not on the market. If it's on the market it's pretty much priced at or near its retail value. Maybe you can get the price down a little, but you have to consider the costs of selling, and that's usually where any chance of a decent profit evaporates. On the other hand, if you buy and sell and come close to breaking even each time, you'll get to own some great guitars for as long as you choose, then replace them with something else that looks interesting.

    • @IcejjfishTbone
      @IcejjfishTbone 3 роки тому +1

      When it comes to fender usually a used custom shop is one of if not the best way to go as far as value retention. I like to pick older ones that have already gone up in value a bit (used of course). So then I can confirm I will not lose a substantial amount of money. Like cars I’ll probably sell the guitar in 5-10 years, or keep it if I’m a huge fan
      A lot of people say they never worry about the resale value of their guitar and I kind of think that is dumb. You rather spend more time looking for the right guitar and make money when you eventually sell I rather than just lose money.

    • @itslikethesamebutdifferent8020
      @itslikethesamebutdifferent8020 7 місяців тому

      ⁠@@IcejjfishTbonei don’t worry about the resale value of a guitar because when i buy one i don’t buy it with the idea that i will sell it in the future, i buy a guitar for keeps. My take is people buying guitars as an investment are 1) wasting their time and 2) in the wrong business, they should be stock brokers instead.

  • @francescotenti193
    @francescotenti193 4 роки тому +4

    You're right, supply and demand and notoriety. As a baby boomer myself, all of my guitar heroes played Fenders, Gibsons, Martins, Rickenbacker, Gretsch and not much of anything else and, as such, those are the ones, some models/years, more than others, that haven't lost value but have gone up. Cannot say the same with barely known brands built in Asia, with the exclusion of some Japanese re editions, no matter how good they are built and sound and whatever you pay today will always be lower as a used instrument even years down the road. I bought my 1st Les Paul in '96 for $1,500.00, or so, including the original case, it'is in excellent conditions and I'm sure it's worth more today, it would have never been the case with a Korean guitar no matter how good it is.
    Yes, buying guitars is very addictive, I stopped many guitars later because I ran out of room in m,y music room and don't forget amps!, they go hand in hand but that's another topic, maybe you can make a video on that, vintage amps: the good , the bad and the ugly.

  • @shawnreed9016
    @shawnreed9016 4 роки тому +4

    Great video. You did an incredible job of explaining the subject. Thank you for sharing. 🤠🎸🤘

  • @mijwil
    @mijwil 4 роки тому +5

    Sanity - For once in an industry that is absolutely nuts. And I am one of those baby boomers. My view is very different because of the line of work I'm in. I have an electronics manufacturing business and I am completely amazed at the perceived lack of quality when using technology to build instruments and equipment. In my business, a hand soldered joint is less desirable than one done by machine, because of the control and consistency. There is so much nostalgia behind the perceived value that has nothing to do with the sound. Some guitars deserve it. Most do not. Just as an example, my favorite electric of all time was a custom Carvin I ordered 20 years ago. The only guitar I regret selling.

  • @careyIScarey
    @careyIScarey 4 роки тому +2

    I grew up in Texas and went on tons of guitar safaris with my dad as a young kid from Amarillo all the way to El Paso. What is moments in the old ‘69 gold Impala are irreplaceable...I have a lot of great pieces that still get played in some that are put away for safekeeping. What you’ve said here could not be any more correct. In a lot of ways it’s the value that you put up on the instrument. That value is determined by the joy that you and and the guitar take away symbiotically. I buy a few rare pieces now and again as presents for my father, but for the most part I have Bangerz hanging around my house. I don’t think there’s a single one that’s worth more than $2500 that’s on the wall. Yet they all give me the joy of guitars that would be far more valuable. I really think it’s more important to listen to the voice of the guitar. Each one sings it’s own way and each one has a place. That to me is more than any intrinsic value.
    I am a big fan of your channel. You are definitely one of the ones that is doing it right. Keep killing it!

  • @seanhallahan14
    @seanhallahan14 4 роки тому

    You rocked it again! Thank you. Our golden age of axes just keeps getting golden and goldener.

  • @richardroyster6631
    @richardroyster6631 8 місяців тому

    Chris, you did a great job in this presentation. Thank you. This is actually the best podcast I have seen from you, no slight to Cooper, he is a great player. But this info was clear, concise, well scripted and accurate. Great job and nice change from just comparing guitars. I think the guitars today are better, but the baby boomers have a lot of money and today's generations aren't in the fender, Gibson, Martin trance. They will not pay huge amounts for guitars, except Joe Bonomassa. Old and Vintage depends on the supply and demand.

  • @donmunson4802
    @donmunson4802 3 роки тому

    Good talk Chris. It's refreshing to hear this degree of honesty, particularly considering everything in the net these days.

  • @dennism7532
    @dennism7532 4 роки тому

    I'm just glad to be back playing the 22 year old Carvin/Cort jumbo acoustic I bought new so many years ago. I look forward to practice EVERYDAY!!! Yes, I want another acoustic for other tones but I can live with what I have for now and like it. My Les Paul is the one that is growing in value...ever so slowly.

  • @jonhmonroney12
    @jonhmonroney12 4 роки тому +2

    you got it.
    its worth what you can get out of it.

  • @ftlaud911
    @ftlaud911 4 роки тому +2

    There is always a chance. Depends on the market, but it is extremely rare. You always need a buyer willing to pay the price. Most models that are relatively affordable will never go up. If it does you will be close to dying of old age. Production numbers are more now than ever making it basically impossible. Just my $.02

  • @adambeachard6794
    @adambeachard6794 4 роки тому +2

    I understand why people buy guitars as an investment but I personally think that if I'm looking at a guitar and I start thinking about what I can sell it for in the future, it's not the guitar for me. It's the guitar that I pick up and play and think,'' I want to have this guitar for the rest of my life ", that's the guitar for me.

    • @jimyang8824
      @jimyang8824 3 роки тому +1

      Man, the thing is, if you grow as a guitar player, your preference will likely change. What works for you now will likely not work for you in 3 years. If you don't want to keep a huge inventory of guitars at home, you have to consider the resale values of guitars.

  • @texhaines9957
    @texhaines9957 4 роки тому +3

    Do not think I'd buy a celebrity guitar. I will buy a good sounding guitar that I'll play and have as an heirloom for my Grandchildren. For example, my Dad got my son a Gibson Historic Collection Southern Jumbo. It's what he wanted & got. His forever guitar.

    • @Nexvionsify
      @Nexvionsify 4 роки тому +1

      agree... but honestly saying those who bought the expensive nice guitar is the people who cant even play it properly... thats what happened in our stores sadly

  • @arnottclark6959
    @arnottclark6959 4 роки тому

    I love how down to earth you talk about this topic !

  • @chenryrex
    @chenryrex 3 роки тому

    One of my friends, who recently died, used to buy and sell guitars. There was one, in particular, that was his favorite. I can't remember the brand but, there was something about the label inside this acoustic guitar that made it valuable. "Where it was made?"

  • @bradbuckinghamhandsomeprin6027
    @bradbuckinghamhandsomeprin6027 4 роки тому +1

    Great sensible sounding information. Thanks

  • @zayneunderwood1488
    @zayneunderwood1488 4 роки тому

    Thank you for the video Mr McKee I enjoyed it....
    Sagely words of wisdom on guitar valuation...
    Like my stepfather told me for 27 years exactly like your first rule of thumb something's only worth at any given time what any one is willing to pay for it..

  • @marcelinogonzalez7015
    @marcelinogonzalez7015 4 роки тому +3

    Good advice, as all your videos. Makes me think the number of guitars you have, the number of guitar you use, the number of guitars you need and the amount of money you pay for all those instruments. Dose it really worth it? May be yes, but may be not.
    By the way, I got that strat you hold there and is amazing!!

  • @howardmceachern6614
    @howardmceachern6614 4 роки тому

    Excellent information, as usual. You guys do a great job. Thanks...

  • @MrNumber1gator
    @MrNumber1gator 3 роки тому

    I agree I own around 200 guitars and would purchase from pawn shops , after the internet no deals to be made.. They know what you know!!!

  • @lilymae4131
    @lilymae4131 3 роки тому

    I agree buy a guitar to enjoy and if it goes up in value great, if not if you enjoyed playing it you are still a winner. In my case I got lucky and asked a nearby music store for a beginner guitar 35 years ago and got a Teisco with the gold foil pickup for $40 in good condition, still in good condition now. I recently looked up the guitar on eBay and someone wanted $1200, I'm not saying it is worth that, but even if it is worth half that I have done okay. The thing is it is my first guitar and doubt I would part with it for even $600. One other thing beware of falling for the Limited or Collectors Edition label especially on low priced guitars and almost anything else as they make as many as people will buy. I have numerous limited & collector items of various items and none of them have gone up in value as everyone else bought a bunch of them and hoarded them like I did and the used market just isn't there.

  • @TheTMontgomery
    @TheTMontgomery 4 роки тому +1

    Even if you buy a modern guitar once you buy a top quality instrument it is a better purchase in the short term than a luxury car.
    I bought a Koa T5 2006 and it’s value is around the same that I paid for it.
    My 2006 ML cost a lot more but had lost significant value by the time it was sold.
    I suggest if you have extra money buy a guitar a year top of the line limited edition Les Paul Fender strat or tele Taylor or custom acoustic such as a custom built Kirk Sand
    You will not lose any value over time and it’s less risky than stocks

    • @charlesbolton8471
      @charlesbolton8471 4 роки тому

      I completely agree. Plus, owning guitars (and other instruments) and amps is a lot more fun than owning stocks.

  • @charlottesimonin2551
    @charlottesimonin2551 4 роки тому

    Really enjoyed your analysis of Guitars as an Investment. Personally, I'm more interested in classical guitars and. as a consequence, often look at the online markets for those instruments. The overwhelming conclusion that I have come to is age on those instruments is of less value at the present time but is governed first by the maker and second by the playability. The future of guitar value will depend on the availability of good tone woods. The commercial market appears to be exploring and expanding the search new species capable of suitable instrument response. Ultimately playability of any musical instrument is the ultimate determinate of value.

  • @zeroceiling
    @zeroceiling 7 місяців тому

    If you succeed buying a used Fender, Gibson or Martin in great shape…at a really good price during the period you may be looking for one of these….you will generally do just fine.
    Don’t go for crazy, vintage odd-ball models….just for ones that have generally been popular all the way through. A John Mayer, Jeff Beck, Malmsteen, Clapton Stratocaster in great shape..will always hold decent value. The same for Gibson or Martin. PRS and Taylor start to get a bit scary unless bought at a really cut rate price. Buying new will not work out in the short term..if ever.

  • @hectorcruz1162
    @hectorcruz1162 4 роки тому

    Thanks for the video, I believe you were responding to my question on a previous video. My intent was not to flip guitars, but with so many excellent guitars to choose from, my thought was why not buy ones that will end up being collectors items? I would likely pass them down to my kids one day, so why not choose a limited vs standard. Thanks for the in depth response!

  • @dhand34
    @dhand34 Рік тому

    Before COVID you could get a used Les Paul Standard for 1/2 of what you can now

  • @jmdyt3626
    @jmdyt3626 2 місяці тому

    IMO guitars today are way better than they’d have been in the 50s / 60s I think we have in our heads that vintage Gibson’s and fenders are better and that’s why we all want one

  • @Leepal1969
    @Leepal1969 4 роки тому +2

    I doubt new guitars are an investment, it's more a question of will they hold their value if you decide to sell them after a few years. There's only a few brand names that seem to hold most of their value.

    • @charlesbolton8471
      @charlesbolton8471 4 роки тому +1

      You’re exactly right.
      If you are buying a new guitar that isn’t one of “those few brands” (and we all know which brands we’re talking about) you need to buy it because you love and don’t ever intend to sell it.
      Oftentimes, though the brands that don’t hold their value as well are all around better instruments, but if you buy them used you get the benefit of a great guitar that you probably won’t lose money on if you need to sell it.

    • @Leepal1969
      @Leepal1969 4 роки тому

      @@charlesbolton8471 Indeed. And that's exactly what I did with a less well known brand. ie. bought it second hand for a good price, would probably get a similar price for it if I ever sold it. But I don't intend to sell it, turns out it was an ideal guitar for me.

    • @donmunson4802
      @donmunson4802 3 роки тому

      Name one of those brands, Lee. I probably will not recognize it. No offence intended, but after playing for 60+ years, I've lost at least a little money on everyting I've bought. And I have some pretty nice instruments.

    • @Leepal1969
      @Leepal1969 3 роки тому +1

      @@donmunson4802 Fender and Gibson. Yeah, I agree you probably lose some money on them but not usually as big a depreciation as other guitar brands. eg. I was looking for a used MIM Telecaster recently and none were on sale for a bargain price.

    • @apboutique2422
      @apboutique2422 3 роки тому

      @@Leepal1969 you're 100% correct about buying fender and gibson. If you buy those brands on the used market, and you're polite and patient, you will never lose money buying guitars and get your money back everytime when selling

  • @dw7704
    @dw7704 2 роки тому

    I have never considered resale value in buying gear-although I have had sellers mention it
    I buy them to play them
    If the gear goes up or down in value, that’s okay
    Some has gone up, som has gone down & some has done both
    If you care about resale value, that’s okay, go for it, but I will buy based on what I like & will I use it & can I afford it at that time

  • @paulajohnson6409
    @paulajohnson6409 2 роки тому

    Have you heard of Zaar guitars out of Arizona? It's a new company that began in 2021. I purchased a Solid Rosewood Z420SE. These are very beautiful and unique guitars. Considering this is a new company wouldn't these guitars increase in value over time?

  • @simonpark843
    @simonpark843 2 роки тому

    What a great video. Thank you.

  • @rickschaffer25
    @rickschaffer25 4 роки тому

    Great job. Really enjoyed it!

  • @josesalvador4578
    @josesalvador4578 3 роки тому

    Thank you for this very informative video.

  • @VitalBigras
    @VitalBigras 9 місяців тому

    Great advice, I have been following some good guitars and I have noticed that they do not sell easily… you would have to considerably lower the price to be able to sell it 🤷🏻‍♂️

  • @sundialsoft
    @sundialsoft 4 роки тому

    I have found that guitars sell well so while not an investment they certainly give back a lot of their purchase price if I sell them. Some guitars are appreciating eg: I have a Yamaha SG 1980’s original which is worth more than I paid for it.

  • @wildwoodtop
    @wildwoodtop 2 роки тому

    My Father passed on and gave me his Martin acoustic guitar I'm not a fan of acoustic and would like to purchase an electric guitar with the money I get from the acoustic is that logical / prudent

  • @abeellis4470
    @abeellis4470 4 роки тому +1

    Is Fender Strat Limited Edition you have in this video still available?

  • @videogamephilosophersaurim7732
    @videogamephilosophersaurim7732 2 роки тому

    How about a video regarding guitars holding their value. In case you want to buy a guitar that will sell for a good amount so that you can upgrade in a few years.

  • @miltonalmonte7126
    @miltonalmonte7126 4 роки тому +1

    Can you say something about les pual which I would love to have

  • @miltonalmonte7126
    @miltonalmonte7126 4 роки тому +1

    God bless you very informative thanks

  • @michalzaw5575
    @michalzaw5575 2 роки тому

    So, an Ed Shareen Martin will go up as years go by?

  • @craigthomson3621
    @craigthomson3621 4 роки тому

    At the time of writing, second hand prices of all types of guitars are generally very high.

  • @avisaiko5354
    @avisaiko5354 3 роки тому

    Is fender American American vintage reissued 52 telecaster is good for investment??

  • @johnsmith-bk4ps
    @johnsmith-bk4ps 3 роки тому

    i find vintage ones i like and can afford, when i re sell it has always been for more money!

  • @charliedanis2411
    @charliedanis2411 4 роки тому

    Lets say you approaching retirement and you have a port-folio of stocks and such for close to a million dollars. If you are a guitar fan and you like vintage stuff, is it a good idea to invest 2-300 000 $ in vintage guitars, play them for fun, and sell them one at a time when you need money in your retirement?

    • @AlamoMusic
      @AlamoMusic  4 роки тому +1

      I can tell you that 1. You have to be an expert in them. 2 the market is subject to volatility. 3. That type of investment poses serious liquid risks.

  • @markmuch1295
    @markmuch1295 4 роки тому

    My aunt bought a new Martin 00-17 in 1933 for $25. Wonder what it's worth now?

  • @stancoleshill8925
    @stancoleshill8925 3 роки тому

    The value of a guitar depends totally on human beings, just like sudden reversals on the stock market or sheep jumping off a cliff.

  • @dsharp7441
    @dsharp7441 3 роки тому

    awww man that guitar is amazing!!! im actually looking to buy a fender hss and and I love semi hollow guitars....im sure its gone after a year lol

  • @johnbodine9041
    @johnbodine9041 4 роки тому +1

    What do you think about 70 anniversary esquire?

  • @texhaines9957
    @texhaines9957 4 роки тому +2

    #? Would a NAMM only guitar go up in value?

    • @guanweihe7614
      @guanweihe7614 4 роки тому +1

      In theory yes, because of the limited availability, but I doubt a guitar so limited can reach the price that an old Martin would
      Generally old guitars have that price tag because of their legend and mystique around them, you can’t get that from a one off Namm guitar

    • @texhaines9957
      @texhaines9957 4 роки тому +1

      @@guanweihe7614 just so it holds its value. Of course it's not going anywhere because it sounds great & it's what he wanted. I guess I never thought of a guitar as an investment. A family heirloom yes, investment no.

    • @charlesbolton8471
      @charlesbolton8471 4 роки тому

      There’s really not enough information to accurately answer this question.
      The most important factor is what guitar is it?
      Guitars that are displayed at NAMM cover all price points from cheap foreign made guitars to insanely expensive one of a kind guitars that are more “art” than playable. I’ll also add that rare doesn’t necessarily mean that it will increase in value and as with the “art guitar” comment it might not necessarily be very usable as a musical instrument (regardless of how much it cost).
      That being said the first two original sunburst Les Pauls that Gibson displayed at NAMM are worth substantially more than other original Bursts from 1958-1960.

    • @texhaines9957
      @texhaines9957 4 роки тому

      @@charlesbolton8471 thanks. I was thinking more of a "first of New limited run historic line of Gibson " like the Gibson acoustic historic line shown at namm including a J45, a Southern Jumbo, and others. Thanks

  • @texhaines9957
    @texhaines9957 4 роки тому +1

    Thanks for the great video without the guitar smash

  • @dwightlowes
    @dwightlowes 4 роки тому

    Agreed absolutely 💯🎸if you purchase a guitar it should be played not put on a shelf...because you hope 50..60 years from now you hope it’s going to make Money. You cheated yourself out of enjoying that guitar on a hope.

  • @Tigerex966
    @Tigerex966 4 роки тому +1

    Yes No Maybe It Depends.
    All of the above😏😊😷

  • @ohcaptainmycaptain3019
    @ohcaptainmycaptain3019 3 роки тому

    I bought 2 custom shop guitars from one of the "BIG NAME BRANDS" with custom hand-painted artwork on them, now I just have to wait for that artist to die before I do. Meanwhile... I'm playing them, they are awesome.

  • @artorwhat
    @artorwhat Місяць тому

    Only vintage guitars is for investment. Other than that is just second hand in hand ✋️

  • @Krawum1
    @Krawum1 3 роки тому

    the limeted edition that you hold in ya hand is for shure a beauty without a stamp on the Neck 1963 for 40000 bucks so today ya can get really cool Instruments ok- if your a milionaire why not pay a House for a les paul but if you buy gibsons new standard or the Strat especially the american performer 2 in Pine you will love that without being a milionaire but you can feel like one if ya buy such Instrument another point is if ya someone who`s profession is to play Guitar and expreses his Art in Songs i couldt understand that the Guitar must have a speciall Qualiti or it must be rellayable but for Fun ,Hobby it´s perhaps not so important also their are Artists that play budget Guitars also ok

  • @davedavid7061
    @davedavid7061 Рік тому +1

    If you have ever listed a guitar for sale, you would know the answer

  • @kimoandrews5802
    @kimoandrews5802 Рік тому

    Compared to golf clubs? Yes. Compared to real estate? No.

  • @Cr8z13
    @Cr8z13 4 роки тому +1

    $10,000 is five figures, buddy, not six.

  • @marcelprocopiu2492
    @marcelprocopiu2492 7 місяців тому

    Is Chris related to Andy Mckee?

  • @mikebauer6917
    @mikebauer6917 10 місяців тому

    It’s like buying a car hoping someday it will be a collectible.

  • @dhand34
    @dhand34 Рік тому

    You have to buy low and sell high

  • @itslikethesamebutdifferent8020
    @itslikethesamebutdifferent8020 7 місяців тому

    “If you are looking to purchase your new guitar to play as an instrument hoping that someday it will go up in value, don’t do that”- calling out all gibson fans.

  • @malcolmadams2105
    @malcolmadams2105 3 роки тому

    UA-cam is why the market went up. For a few different reasons namely everyone is an expert now…

  • @leenestle
    @leenestle 4 роки тому

    If you want an investment buy a stock or index fund. If you want to collect guitars, that’s cool but don’t think of it as an investment.

  • @bassplayer3974
    @bassplayer3974 3 роки тому

    depends what you want, find they get to a price where take time to sell. bit about the boomers true on anything always a price to relive your youth.

  • @tq00auf
    @tq00auf 4 роки тому +2

    Is Chris the brother of Andy McKee? Quite resemble 😉.

  • @randallscott6
    @randallscott6 Рік тому

    😂 at the end he asks you to click on the link to his store. He is making money selling guitars

  • @stonedriver9298
    @stonedriver9298 4 місяці тому

    joe needs to come see you #joebonamassa

  • @castnoshadow82lr48
    @castnoshadow82lr48 2 роки тому

    There’s no way I could own a 50s strat and not play it

  • @dhand34
    @dhand34 Рік тому

    Before Kurt Cobain died you could pick up a Fender Mustang for $200

  • @sunnohh
    @sunnohh 3 роки тому

    Nope, at best they hold their value with inflation…. Usually not even that. Not financial advice.

  • @dnields
    @dnields 3 роки тому

    No. They aren't investments and shouldn't be viewed as such. Those that do treat guitars as investments are really missing the point. Guitars should be purchased to play as instruments and nobody should be worried if the value increases or not.
    When you try to monetize them as investments, you take away the joy of playing music on the guitar.
    Just shut up and play the damned guitar.

  • @davidfaustino4476
    @davidfaustino4476 3 місяці тому

    No. You're welcome.

  • @dinahnicest6525
    @dinahnicest6525 3 роки тому +1

    The best instruments are all sitting in vaults owned by filthy rich, tin eared A-holes, and that raises the price of even the second, third, fourth, ... rate instruments to prices far out of reach of the most dedicated, hard working, starving musicians who have the ability to make those silent, vaulted instruments sing magic.

  • @von0410
    @von0410 4 роки тому +2

    Yo I’m first