Many consider trading in their musical gear to declutter, upgrade or try something new. Guitar Center offers a convenient way to do so.
However, it is essential to understand how the process works. Keep in mind that you will usually receive store credit rather than cash. In addition, some stores have restrictions on what you can use your trade-in credits towards. For more guitar trade in options, check this out.
Extending the Life of Your Musical Gear
You can trade it in at Guitar Centre when you want to get rid of old gear and need money for something new. It is much easier than selling it privately and dealing with tire kickers. They usually accept any type of musical equipment, so long as it is in decent condition and works properly.
Some stores may give you cash, but most will offer a credit that you can use to buy gear at the store. They would rather reinvest in their shop than walk away with new cash they could spend elsewhere.
Generally speaking, you will make more money by selling your guitar or other instrument privately, but there are times when trading is a good option, especially for those who need cash quickly and don’t have the time or desire to list the gear online. Plus, you can avoid potential scams and rip-offs when selling your equipment privately. For more guitar trade in options, check this out.
Saving Money
It’s not uncommon to get 50% – 60% of the current market value of your instrument when you trade it in at a music store. It is much better than the 1% – 5% you would get selling it on an online marketplace or classified listing, which can take significantly longer.
The one drawback of trading your gear to a major chain like Guitar Center is that they will likely offer you store credit instead of cash. But it’s also worth remembering that they are trying to sell you new gear, and they will make money on your trade when they resell it down the road.
Getting a Great Deal
One of the main reasons Guitar Center and other music stores have these programs is to encourage musicians to buy new equipment by making it easy to trade in their used gear. Typically, they will offer store credit rather than cash, but this can be helpful if you’re in a hurry or don’t want to go through the hassle of selling your gear privately.
The condition of your gear can significantly impact how much it will sell for. If it’s in mint condition, you might get up to 50% – 60% of its retail value, but if it has significant damage, that will lower the price significantly. For more guitar trade in options, check this out.
When you’re going to sell your gear, do your homework. Compare prices online to see what similar equipment is selling for in your area. Then come prepared to make a deal. Having a rock-bottom price in mind will help you avoid getting ripped off by the store’s sales staff.
Getting a New Instrument
The beauty of trading in music gear is that you can get a good amount of money for your guitar while still enjoying the freedom of buying something new. However, some stores restrict what you can use your trade-in credit for.
When getting the most for your old guitar, it is essential to be fair and honest. You should know what your guitar is worth before going to the music store and then decide how much less you would accept. Think about what you’d be willing to sell your guitar for if you were selling it independently. It will give you a rock-bottom price for your instrument, so you won’t feel like you’ve been taken advantage of.
Remember that the music store will judge your guitar based on its condition. It should be clean and have fresh strings, and you should avoid pointing out cosmetic damage or flaws that will decrease its value.