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This is the Guitar forum.
Take the politics to Off Topic or Speakers Corner.
Brexit is being used as an excuse for everything right now but guitars often jump in price at least twice per year and they have been on an upward trajectory for many years now. My advice is to stop buying new gear, or at the very least wait until the sales are on and get one at a reasonable price. If the companies can't shift their stock due to it being too expensive, then they will have to lower their prices, regardless what's going on with the exchange rate, Brexit or other issues.
On the bright side this should give a massive advantage to any UK based luthiers (if there is still such a thing)
My Trading Feedback | You Bring The Band
Just because you're paranoid, don't mean they're not after youBut when people come to sell something they see these silly prices and then value their guitar on that. Not taking into account that a lot of gutars are getting repetedly relisted on ebay. Or they look at retail asking prices
I didn't want to seem like I was coming in, expressing my opinion and trying to shut down someone else's is all.
I think this place is actually really well moderated with a light touch sadly missing in some other places, so if the guys who run things are cool, I'm cool.
FWIW - I'm a strong remainer.
I know! I want one as well. I have a Sherwood Green from Andertons for around £1500 2 years back but it went straight back - really bad QC...like terrible!
I said 'can I have another' and they said their QC team said it was ok....err....so massive round swirls from the paint from the case is normal on a new guitar? Normal to have barely any access to the truss rod due to the alignment of the pickguard, normal for the nitro to be shrinking around the neck pocket straight away, normal to basically feel rushed and much lower quality than a few MIMs I own?
They suggested I drove down. From Newcastle. Even now in Manc I'd not drive that far unless it was guaranteed to be worth it.
£1919 is a RIDICULOUS price.
Second, the fall in the pound is not purely down to Brexit. (For about the fifth time - as we keep having the same thread over and over) here's a link from Dec 2015 saying that the pound was very overvalued and due a big fall:
http://www.telegraph.co.uk/finance/currency/12065157/Pound-is-most-overvalued-currency-in-the-world-analysts-claim.html
Before the referendum was even announced, and when everyone thought that it would be an easy remain win so no-one was pricing that into the valuation, that article was saying that Deutshce Bank believed the pound could fall as low as $1.15 in 2017.
Third, while some of the increase is down to the changing currency values (whatever their cause), the price increases are far bigger than that. The figures @Kylef gave on a Johnny Marr Jaguar are 29% over 2 years. Also, as @guitars4you pointed out, they are going up across the board on places like Thomann as well.
As others have said, we probably ought to keep the politics in speaker's corner, but given that you, and others, have been blaming it all on Brexit then I thought I should set the record straight.
To summarise, guitar prices are rising, and it's not all down to currency changes, and the bit that is down to currency changes is not all down to Brexit.
The argument that the £ was overvalued pre Brexit is tendentious. An opinion piece in the Telegraph, or even a Deutsche Bank forecast, does not represent fact.
The market is fallible, but market price is a better reflection of informed opinion than any single opinion piece or bank forecast. There is a tautological element to this: an argument that a currency is overvalued that is compelling enough to convince informed opinion would correct that overvaluation as soon as it was published. That's how markets work. The Deutsche Bank may have said the pound was overvalued, informed opinion in general wasn't convinced.
There was a large devaluation following Brexit. I've read a reasonable number of think pieces claiming that less of this devaluation derives from Brexit than is commonly supposed. Every single one of them, without exception, was clearly the work of a writer with a partisan political agenda. They started with an opinion and looked for a rationalisation to support it.
Of course some remainers do the same. They are no harder to spot and discount. But economists - and they are not that hard to find - who are trying to make sense of the world without trying to make everything fit a political agenda are practically unanimous that by far the most important reason for the post Brexit devaluation is Brexit itself.