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| Random quote: "One good thing about music, when it hits you, you feel no pain." - Bob Marley |
How long has the value of Ovations been this depressed and is the company stable.[Frozen]
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| Gallerinski |
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| Joined: May 2008 Posts: 4996 Location: Phoenix AZ | Originally posted by twistedlim: Proves why nobody has bid on it.There is a 1116 on ebay right now going for more than it did new. Does this prove anything? | ||
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| twistedlim |
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Joined: November 2008 Posts: 1119 Location: Michigan | Originally posted by Gallerinski: Ahh, but grasshopper they have, 23 bids and it is at $460. The seller has revised the add to say it is a 81 or 82 so that would put the suggested retail a bit higher than $460 but there are a few hours left. Originally posted by twistedlim: Proves why nobody has bid on it. There is a 1116 on ebay right now going for more than it did new. Does this prove anything? http://cgi.ebay.com/Ovation-1116-Classical-Guitar-1970-s-Nylon-Conc... | ||
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| Gallerinski |
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| Joined: May 2008 Posts: 4996 Location: Phoenix AZ | Was looking at a different 1116 ... http://cgi.ebay.com/1974-1116-4-Ovation_W0QQitemZ120525210192QQcmdZ... | ||
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| MusicMishka |
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Joined: March 2005 Posts: 5567 Location: Blue Ridge Mountains | ASG I am glad to hear of your enthusiasm and only wish you the best in your pursuit. Glad to see that many have joined the fray now this morning...some great responses. I totally agree with Bobbo: buy a new one, play the heck out of it, and keep it forever! The company will benefit and you will have a wonderful new (ahh, don't you love the smell of a fresh new Ovation/Adamas in the morning) guitar to be proud of...Order something new from the current lineup or design your own custom...contact Al (one of the moderators of the forum) at Lost Art Vintage (look in the links section at the top), give Al a call (he never closes) and you will be treated right! Yes, the new ones are expensive but in my opinion, the quality is as good or better now than at anytime in the company's history...fabulous guitars! Enjoy! | ||
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| Patch |
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Joined: May 2006 Posts: 4233 Location: Steeler Nation, Hudson Valley Contingent | When I win the lottery, or get a job that pays better (read that as not social work), then I'll be on the phone with Al far too often. :rolleyes: But until then, I'll just let the shark keep lurking in the murky waters of the internet and let him off the leash when there is affordable (by my bank account's definition of course) blood in the water. :cool: | ||
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| fillhixx |
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Joined: November 2005 Posts: 4832 Location: Campbell River, British Columbia | Every year, just before tax time, this conversation comes up. Y'think there's a cycle? :-) | ||
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| CanterburyStrings |
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Joined: March 2008 Posts: 2683 Location: Hot Springs, S.D. | I have sold quite a few Ovations, some of them at prices you wouldn't believe. In THIS area, people come in looking for them. When they are not specifically looking for an O, they usually fall in love with them anyway. I think a lot of it has to do with, pardon me, salesmanship. When someone comes in to look, I show them around the store and it becomes obvious very quickly that I really like the O's. I will usually play a little for them so they can hear the projection out front. Then when I put it in their hands and they see how easy to play they are, well, I usually have a sale. Now don't get me wrong, I do that with whatever guitars customers seem interested in. If they can hear it from the audience perspective first, then play it themselves, they get a truer idea of what it is they want. It just happens that they seem to like the Ovations best, and that's after hearing/playing Morgans, Guilds, Taks, Taylors, and whatever else I have on hand at the moment. Yes, I own quite a few Ovations that I got used, but I DO have a brand new one coming soon! (Now where is that emoticon that shows jumping-up-and-down excitement?) Pretty much all my life, Ovation has been good to me. When I was a little kid, the roof over my head and the food on the table were earned by my father at Kaman Aerospace. Then when I was older, they gave me one of the best jobs in the country. They have kept my ears and fingers happy for years and years, and now they are helping me make a decent living. Respect? I not only respect them, but quite a bit of who I am today, I owe to Ovation. | ||
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| Old Man Arthur |
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Joined: September 2006 Posts: 10777 Location: Keepin' It Weird in Portland, OR | Hey! I have bought two brand spankin' new Ovations and a brand new Celebrity. That is more guitars than most (average/normal) people buy in their lifetimes. I have done my part to support Kaman Instruments. | ||
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| Darkbar |
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Joined: January 2009 Posts: 4535 Location: Flahdaw | Originally posted by Old Man Arthur: I've found that average/normal people don't buy guitarsThat is more guitars than most (average/normal) people buy in their lifetimes. | ||
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| moody, p.i. |
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Joined: March 2002 Posts: 15678 Location: SoCal | Of all my Ovations, I bought 3 new (1773LX Custom, and OFC slothead, and Adamas I 12 string). The rest were used. I have no regrets about spending the money for new Ovations. When I go into Guitar Centers, I'll see a ton of new Celebs on the wall, occassionally a new USA built Ovation, and sometimes several used O's. The used O's go pretty quickly, and the new O's seem to also go fairly quickly but not as fast as the used. The Celebs, I can't say because they all look the same to me (sorry Celeb owners -- I just have a bad eye for them). | ||
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| FlySig |
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Joined: October 2005 Posts: 4075 Location: Utah | Originally posted by Joe Rotax: Didn't we just have one? Makes it sound like the yellow jackets are just one step away from a group psychiatric episode. As to resale prices, they are what they are. Intelligent people will look for a good deal, and with Ovation Fans being so smart, the price of used guitars is low. ;) We have been in a deflationary cycle for a couple of years with respect to luxury items. Face it, any guitar over about $300 is a luxury. None of us non-pro players needs more than one acoustic or one electric guitar. When the economy suffers people tend to choose to postpone or avoid non-essential purchases. Last fall we looked at the value of our old Chevy van, it was worth the same $4500 as the cash-4-clunkers trade in. We kept it, and now with only 5000 more miles on it and in the exact same condition as before it is worth $1600. That is a loss of almost 2/3 of it's value for no good reason other than deflation. I acquired a used fine European car this winter for less than 20% of it's original selling price, significantly less than I paid for the PT Cruiser in 2004! Deflation was my friend on this one. Nobody wants to even look at the price of a used German luxury car, so the prices plummet. Buying a used Ovation was my entree into buying new. There's nothing wrong with buying used, imo. It may help the seller fund a new guitar, and/or it may spur the buyer into eventually buying new. | ||
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| an4340 |
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Joined: May 2003 Posts: 4389 Location: Capital District, NY, USA Minor Outlying Islands | The economy sucks so there will be a price disparity. As to finding out the worth of a guitar, make an ebay auction with a ridiculously high reserve, and you'll have your answer. As to the prices ovation is charging, remember it's a range, the bottom is about 299, with steps every 100 dollars or so. I don't find them strange. As to buying some gits now, if I had the extra cash I'd do the same thing. | ||
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| Old Man Arthur |
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Joined: September 2006 Posts: 10777 Location: Keepin' It Weird in Portland, OR | My Mom cannot understand how I can be happy when I sell a guitar for what I paid for it... I point-out that guitars are one of few things that you can buy, play for months or a year, and then sell it for equal or more than you paid for it. You cannot generally do that with a car, or anything else. In Americans' greedy little minds they somehow think that they should be able to sell an Ovation for the $1799 MSRP when they didn't pay that much for it themselves. I am surrounded by a coupla thousand dollars worth of guitars that I have accumulated... If I make any profit on a sale I am ecstatic. I didn't buy them to sell, I bought them to play. So now, if I can pay rent with them after I have played with them for a year, I should be Happy! (right? :( ) | ||
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| standing |
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Joined: December 2008 Posts: 1455 Location: Texas | It seems logical that a brand-new Ovation with a lifetime warranty costs more than a used one with the inevitable wear & tear and no warranty, doesn't it? The only way that used ones might rapidly increase in value is if FMC stops making them. Do any of us really want that to happen? I'll repeat my mantra; New or Used, dollar for dollar, you cannot buy a better acoustic guitar than an Ovation. That is true for appearance, quality, versatility, durability, playability AND most importantly, sound. | ||
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| Nubilee |
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Joined: January 2010 Posts: 15 | Originally posted by stonebobbo: I've got to say, I like that there's at least one member who looks to pay top dollar for his gear, and never looks for a bargain. I normally don't have the budget to pay for what any gear is "rightfully priced at," and so I let the market decide the price, and then pay it if I can afford it and if it's worth it to me. That's how I own four Rainsongs for less than the price of a new one at retail. If the real Ovation/Adamas afficiandos were buying new USA guitars, and forking over the bigger bucks that most of them rightfully should be priced at, then the resale used market would follow. But when your loyal target buyer base is only buying Ovations and Adamas' on the used market when they fall to relative chump change, you've got a steep hill to climb. Good on you, Stonebobbo. Just out of curiosity, did you always pay more than street price for all your new Ovation and Adamas guitars? That's dedication! | ||
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| Old Man Arthur |
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Joined: September 2006 Posts: 10777 Location: Keepin' It Weird in Portland, OR | Originally posted by standing: So true! I don't own stock in Kaman or Fender, so I don't feel obligated to buy new. I'll repeat my mantra; New or Used, dollar for dollar, you cannot buy a better acoustic guitar than an Ovation. That is true for appearance, quality, versatility, durability, playability AND most importantly, sound. The whole idea is to buy a guitar that sounds like it cost many thousands of dollars, but doesn't. I can go into Apple Music in Portland and look at that old Gibson acoustic there for $13,996... And right across the aisle is that Adamas two-knobber for $1400 that I can't afford :mad: Which sounds better may be subjective, but which is a better deal is Obvious! | ||
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| Ultrafan |
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Joined: May 2009 Posts: 43 | There seem to be 2 issues here.If getting a good deal on a used O because you enjoy the hobby or you want to start your own little collection,the time is great.My local Guitar Center has a white Legend (Kinda rare color)hardly played,from the 80's.Asking 450,with the case.Could be had for 400 I'll bet.If you have the money,a good find in my view, if it has not been taken apart or messed with. If on the other hand you want a top of the line guitar to really play and as an investment,the LX is the cats ass.Cough up the 1200 bucks,take care of it,and sell it 20 years from now at the same price. See the trend here?These guitars are selling today at their original prices. Very few guitars follow that trend. Buy | ||
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| stonebobbo |
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Joined: August 2002 Posts: 8307 Location: Tennessee | Originally posted by Nubilee: Huh? What in the world are you talking about? As the lawyers would say ... assuming facts not in evidence. Oh wait! I get it. You're mocking me. You are implying that I am stupid or a fool. Cute. Originally posted by stonebobbo: I've got to say, I like that there's at least one member who looks to pay top dollar for his gear, and never looks for a bargain. I normally don't have the budget to pay for what any gear is "rightfully priced at," and so I let the market decide the price, and then pay it if I can afford it and if it's worth it to me. That's how I own four Rainsongs for less than the price of a new one at retail. If the real Ovation/Adamas afficiandos were buying new USA guitars, and forking over the bigger bucks that most of them rightfully should be priced at, then the resale used market would follow. But when your loyal target buyer base is only buying Ovations and Adamas' on the used market when they fall to relative chump change, you've got a steep hill to climb. Good on you, Stonebobbo. Just out of curiosity, did you always pay more than street price for all your new Ovation and Adamas guitars? That's dedication! MODERATORS: I need to ask a question ... with our new push to be more welcoming to the new visitors to the site, would it be inappropriate for me to tell this particular newbie to take his four-for-the-price-of-one Rainsongs and shove them up his ass? I'm just asking ... | ||
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| fillhixx |
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Joined: November 2005 Posts: 4832 Location: Campbell River, British Columbia | Dance like nobody's watching Sing like nobody's listening post like nobody really cares you'll seldom be wrong. Legit question though stonebob..... ....I'm just sayin' ;-) | ||
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| Nubilee |
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Joined: January 2010 Posts: 15 | Originally posted by stonebobbo: I was noticing your suggestiong that everyone else man up and pay a higher price, what "most of them rightfully should be priced at." I had my doubts that you were manning up yourself and taking your own advice. Originally posted by Nubilee: Huh? What in the world are you talking about? As the lawyers would say ... assuming facts not in evidence. Oh wait! I get it. You're mocking me. You are implying that I am stupid or a fool. Cute. Originally posted by stonebobbo: I've got to say, I like that there's at least one member who looks to pay top dollar for his gear, and never looks for a bargain. I normally don't have the budget to pay for what any gear is "rightfully priced at," and so I let the market decide the price, and then pay it if I can afford it and if it's worth it to me. That's how I own four Rainsongs for less than the price of a new one at retail. If the real Ovation/Adamas afficiandos were buying new USA guitars, and forking over the bigger bucks that most of them rightfully should be priced at, then the resale used market would follow. But when your loyal target buyer base is only buying Ovations and Adamas' on the used market when they fall to relative chump change, you've got a steep hill to climb. Good on you, Stonebobbo. Just out of curiosity, did you always pay more than street price for all your new Ovation and Adamas guitars? That's dedication! MODERATORS: I need to ask a question ... with our new push to be more welcoming to the new visitors to the site, would it be inappropriate for me to tell this particular newbie to take his four-for-the-price-of-one Rainsongs and shove them up his ass? I'm just asking ... Now, as someone who is being fairly hypocritical in your behaviour, you can suggest anything you'd like, and I'll take it just as seriously as your previous suggestion. However, if you don't like your words suggesting that you are "stupid or a fool" (your words), then the problem isn't with the one who notices what is said, but with the person making such statements in the first place. Oddly, I didn't even need to use profanity to make my point. Neat, huh? (Sorry to tweak your nose after that, but since you can dish it out, I'm sure you can take it, right? *chuckle*) Cheers! | ||
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| alpep |
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Joined: December 2001 Posts: 10583 Location: NJ | nubilee we do not tolerate personal attacks here. I know Bobbo and you are so wrong. this is now closed | ||
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How long has the value of Ovations been this depressed and is the company stable.