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then it depends on your budget as well for building or buying
if it is a guitar with a bolt-on neck, then building it should be straight-forward, fun, with plenty of customization options. But when it comes to reselling it, it can be difficult and you may make a big loss. Whenever I assemble a partocaster, I make sure that the cost is lower than the similar offering from a stock-factory fender model
If you go partscaster do you need to buy everything in one go? I guess there is no point buying the body and having that sit around while you save up for the pups or the neck!
Hopefully I'll never want to sell it, as I'm certain that I'll never recoup the cost. If this last point bothers you then you should buy. If it doesn't, then start collecting bits!
Maybe I should have kept my Haar S-type.......
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If if you can't buy what you want (i.e. Custom colour, hardware, neck profile etc) then building it great. But only if you know what you want - it's very expensive if you get it wrong and sell later.
If you want to build a guitar, to exact demanding specs, within a short timeframe, then building won't save money.
But if you slowly acquire certain bits, over time, when you see them going cheap on eBay/facebook/this forum, and you have a bit of flexibility in your end specs, then you can make a great guitar for not much money.
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It can be a fun journey, but rarely as cheap as the final list of parts
I can build a guitar for peanuts.... if i ignore the thousands i have spent on tools, parts and woods to get to the stage where I can walk out to the workshop and build a guitar without spending any more money
I wouldn't want to put anyone off doing a parts build, just don't expect it to be as cheap as the list of parts suggests
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If you do, then is it something that you could pay a luthier to change?
That way you can audition the guitar, if it feels good and plays good then thats a solid starting point, and any reversible changes like pups can be put back to stock if you decide to sell on before any point of no return mods.
Might work out more expensive that way, but you'd know at least that you are chucking time and money at a guitar that you like to play and feels good to play.
But if the missing 5% an off the shelf guitar has is something like just not feeling as if you've personally created it, then I guess thats something you'll only get by building yourself and its up to you if the final cost, poor resale, any set up issues etc are worth it as trade offs!
If you can find a strat with the spec you need I would go with that as its cheaper in the long run. Plus if you need to sell or just dont like it, you are less likely to make a loss (may even make a bit).
Trading feedback: http://www.thefretboard.co.uk/discussion/72424/