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A few years ago a £500 guitar would have been a ‘lot’ for me. As I’ve got older and now earn more I’ve bought (and sold) plenty in that price range. Then I went over £1k and quickly over £2k.
I’ts an addiction - like the transition from a recreational to a hard drug habit.
If I was buying a guitar now I’d hesitate at £2k but £1k is reasonable and in my mind/current situation normal.
That said my favourite guitar cost ~ £250ish used (and imported) and is a MIM 69 Thinline Telecaster.
Forget price and name tags.
I think Im a " nice guitar" owner , not really an investor so theres a lot of nice guitars from around £500 - £3k , after that personally I think your in investor territory.....maybe one day.
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When you’re into non-relic’d, solid colour bolt ons, £2k buys you top end stuff pretty much.
I used my 40th birthday to justify buying a new Strat for £1160. With two young kids and a mortgage, I would not go higher, and will be looking well below 1k for my next purchase. In fact I'm considering going for a Vintage rather than a proper Les Paul. Hopefully sometime in the future I will be able to justify spending much more
If I had the money I’d happily spend £10k ( the most I’ve spent so far is £6500) knowing that I’m enjoying renting it until the time comes when my better half taps me on the shoulder and says ‘we need a new kitchen/car/front leg for the dog’
I get so much pleasure out of guitars but I try not to fall in love with them as they nearly always make way for something important or to fund another guitar that has caught my eye.
Ive had to trim the collection right down recently to fund loads of building works but I’ve concentrated most of my funds into a lovely Musicman Valentine which for a Tele fan like me ticks all the boxes.
Something old... maybe an extra thousand or two on top of that, depending on how good it was.
£500 - £1000 for me. The reason is with a good set up, anything in this range can be a great instrumet, but giggable without worrying too much about theft / damage. I have 3 electrics and 2 acoustics, which is about as much as I can own space wise without them getting on my nerves, and everything I have needs to be able to be gigged. Also in the bolt-on world, it’s easy to assemble a top notch instrument for this budget.
No doubt if I tried something out which really felt right and was 3k, I’d want it, but that never really happens. I’m much more likely to look at something for 3k and think I should sell everything and get it but then trying it is a dissapointment.
I know guitar can be about collecting as well, nothing wrong with that but most of the best players I know seem to have the more humble instruments, especially those who do it as a job.
The most expensive guitar I've ever bought was £2,700 and I think I've owned five others over the £2,000 mark, but at the moment I don't see myself going much higher. I guess I might for something really special, but I don't have anything in mind. At this point £5,000+ for a Gibson True Historic (or whatever they're now called) still seems crazily expensive and I wouldn't dream of paying it, although I guess I'm lucky enough to be able to afford it if I wanted.
Having said all that, my spending pattern has totally changed - if I look back a few years I was sometimes buying as many as 10 or 12 guitars in a year, mostly in the £500-£1,000 range, and I sold nearly all of them. The recent purchases were more expensive, but there were a lot fewer of them and most are keepers.
On the other hand if my 'nice' guitars all went I'd probably be happy enough with a MIM Strat or Tele.