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I always get a shock seeing people driving about in £100,000 cars. Then went into my local BMW dealer and there were several cars in the showroom at well over £100,000.
Martin only need to sell 50.
Ideally to people who don't need to sell them, so they become collectable.
Once they are collectable, the 2nd hand price goes up and whatever they cost new looks a good deal.
See limited edition cars.
There was a Gibson gear garage with the bloke from cheap trick who had multiple burst Les Paul's
Some people have money, a few have a lot, a tiny number have unbelievable amounts of cash.
"The most recent data concludes that the top 1% of earners in the UK are earning £173,952 a year pre-tax income. This translates into £14,496 a month or £3,345 a week."
Top 10% on £59,000
1% £174,000
Top 0.1% on £500,000
0.01% on £2,000,000
I live in Nottingham with a population of 250,000ish. So in Nottingham there are 2500 people ish who could spend 0.65%. Of pre tax wages on a toy.
Or for someone in the top 10% on £60,000 that would be £4,000 aka a fancy new Les Paul. Expensive, probably not without think about it.
https://upthegains.co.uk/blog/what-is-the-top-1-percent-of-income-uk#:~:text=The most recent data concludes,or £3,345 a week.
I guess the odd drug dealer may consider one to chuck behind the seat of his Lamborghini....
Just saying.
On a less fluffy note, anyone paying that much for a dreadnought needs.....................(complete with your own most appropriate phrase).
:-) but also
Now, if it had been a Yamaha..........................
..................that would be different!
:-)
:-)
:-)
Oh yes absolutely. I imagine some of these mega spendy guitars are bought via finance/ through a business as well.
I did three years in the motor trade a a trainer, I listened to a lot of stories from sales people. There was one story where a farmer physically brought a carrier bag of cash in ( pre anti money laundering regulations).
Mostly when the customers said cash, they meant they had got a loan from a bank, or they were lying.
Almost no one bought new Honda's outright.
I agree, looks like Martins aim to be appearing in Collectables.
Gone too far is a major understatement. The shark has been well and truly jumped.
Also bear in mind that even rich people can be stupid. It’s advertised at 130k, but if a dealer makes a special confidential offer to a private collector of £80k for onr, that person could be led to believe they are getting a stinking bargain, though they are still paying £ 80k for something that may might have been pulled of the Martin D28 production line and given a vulgar paint job.