Anyone notice the recent Fender price increases?

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MemphisJo
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2009/03/20 23:01:15 (permalink)

Anyone notice the recent Fender price increases?

I was just browsing (as I do from time to time) checking out the possibility of getting a Mexican Tele, and realized that Fender must have announced a price increase recently... seems like everything has gone up 300 bucks! I have been procrastinating for a while over an American Deluxe HSS (as a back up for my 95 plus) and now they are 1600 bucks! (up from $1299) If I keep putting it off it looks like I'll be relegated to buying a Squire! Some of the Mexican stuff is over 1200 dollars.

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    The Maillard Reaction
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    RE: Anyone notice the recent Fender price increases? 2009/03/20 23:14:29 (permalink)
    yep biggest jump I've ever seen on Fenders.


    #2
    auto_da_fe
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    RE: Anyone notice the recent Fender price increases? 2009/03/21 09:33:40 (permalink)
    Interesting strategy to raise your prices when the economy is tanking.

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    #3
    Ron Vogel
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    RE: Anyone notice the recent Fender price increases? 2009/03/21 10:44:32 (permalink)
    I bought my Blues DeVille back in 1996 for $750...the current model is $1000. It's a decent amp, but that's a big chunk of change.

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    #4
    Guitarhacker
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    RE: Anyone notice the recent Fender price increases? 2009/03/21 11:16:38 (permalink)
    It might have something to do with the Mexican tariffs... I hear there's a trade war between the US and Mexico.... something about trucks and the NAFTA trade agreement.

    Hang on because everything is fixin to get real expensive over the next couple of years.

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    #5
    Roflcopter
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    RE: Anyone notice the recent Fender price increases? 2009/03/21 16:04:19 (permalink)
    Interesting strategy to raise your prices when the economy is tanking.

    BRILLIANT!!


    Actually, raising prices has worked to some brands' benefit in the past - sales only went up. People sometimes want exclusive/probably better manufactured - and that they associate with higher prices, not lower ones.

    Not saying this was their motivation, but just pooh-poohing it as daft, may be short-sighted.

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    #6
    ed97643
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    RE: Anyone notice the recent Fender price increases? 2009/03/21 16:12:49 (permalink)
    "Actually, raising prices has worked to some brands' benefit in the past"

    ...like Gibson. I bought my Les Paul Standard in 1985 or '86 (new) for something like $695. They are more than double that now. Same guitar.

    "Hang on because everything is fixin to get real expensive over the next couple of years."

    Maybe not. With all of the belt tightening, that reduces demand, and that generally tends to motivate the market to lower prices.

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    #7
    Roflcopter
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    RE: Anyone notice the recent Fender price increases? 2009/03/21 16:17:10 (permalink)
    They are more than double that now. Same guitar.


    Could be inflation, too. It adds up.

    BTW prices may fall in a recession, but your income falls faster, usually - the old problem.

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    #8
    bennym
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    RE: Anyone notice the recent Fender price increases? 2009/03/21 19:23:20 (permalink)
    wow! i guess that's good for those of us who already own them..better than money in the bank (that's what i tell my wife, anyways!) better snatch one up now, i think they are chasing the price tags on les pauls!
    #9
    Cromberger
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    RE: Anyone notice the recent Fender price increases? 2009/03/21 19:38:01 (permalink)

    ORIGINAL: Roflcopter

    Interesting strategy to raise your prices when the economy is tanking.

    BRILLIANT!!


    Actually, raising prices has worked to some brands' benefit in the past - sales only went up. People sometimes want exclusive/probably better manufactured - and that they associate with higher prices, not lower ones.

    Not saying this was their motivation, but just pooh-poohing it as daft, may be short-sighted.


    This is not new behavior for Fender. I worked in a medium-sized mom and pop music store in L.A. during the '70's. We carried both Gibson and Fender guitars. One day the Fender rep walks into the store and says he's taking all of the Fender instruments out of the store and that we would no longer be a certified Fender franchise. They wanted to give only a few (read: the biggest stores)stores in the L.A. area the Fender franchise because they wanted their instruments to sell for more money. If only the big boys, like the then fledgling Guitar Center had Fenders, they could sell them for more money and discount them less. Fender felt this was good for keeping their image as being somewhat exclusive.

    Which made us all sick since Leo Fender wanted to provide the average working Joe with an affordable axe.

    So, yes, Fender may be raising prices to increase that "exclusivity" yet again. It makes me sick, even though I've been a Fender player for many years. And it really makes me sick because of the current economy. So only the wealthy can afford Fenders now? Pah!

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    #10
    Fog
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    RE: Anyone notice the recent Fender price increases? 2009/03/21 19:55:23 (permalink)
    in the UK ...

    EVERYTHING has gone up, but obviously I notice it with pro audio stuff more..hhmm

    I bought a mackie BK.. maybe I guess a year ago.. £155... now £272...

    z3ta used to be £50 stand alone, now £89.

    etc etc

    You'd think all these companies would want our business , but the price hike on many things across the board is crazy.

    #11
    Jessie Sammler
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    RE: Anyone notice the recent Fender price increases? 2009/03/21 22:48:19 (permalink)
    Freaking Blues Junior is $600 now. Deluxe Reverb is $1,200. Yikes!
    #12
    lespaulman35
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    RE: Anyone notice the recent Fender price increases? 2009/03/22 00:04:26 (permalink)
    Fortunately I already have all the Fenders I want.

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    #13
    J-A-G
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    RE: Anyone notice the recent Fender price increases? 2009/03/22 00:33:12 (permalink)
    Lucky for me I got my American Fat Strat Texas Special for 895.00 around 4 years ago. I just picked up a new Taylor 816CE and paid 2493.00 and this guitar has a retail of 3995.00. I know that the local stores are selling PRS guitars at slashed prices also. So if Fender is doing what some of you say screw Fender. I notice that Gibson has been pulling the franchise from local mom & pop here also. I didn't know Fender got on board. I don't get why Fender and Gibson are raising prices and other manufacturers are lowering. Gibson’s prices were always ridiculous to begin with.
    There are plenty of other choices at great savings. These are the days of getting a great deal or modding your current guitar.
    #14
    spacey
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    RE: Anyone notice the recent Fender price increases? 2009/03/22 01:11:56 (permalink)

    Fender should have been raising the price all along with Gibson based on quality. I guess marketing strategy may explain why they didn't because it wasn't a quality issue in my opinion.




    Deleted my opinion on price/quality of guitars.



    post edited by spacey - 2009/03/22 10:17:48
    #15
    Middleman
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    RE: Anyone notice the recent Fender price increases? 2009/03/22 01:37:58 (permalink)
    I bought a Blues Deluxe RI 1 year ago for $400 new. New list is $699.

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    #16
    zungle
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    RE: Anyone notice the recent Fender price increases? 2009/03/22 02:03:10 (permalink)
    Maybe not. With all of the belt tightening, that reduces demand, and that generally tends to motivate the market to lower prices.


    Maybe so........the recent massive influx of unbacked US dollars in which the left is calling a bail out.....has guaranteed inevitable inflation beyond anything we have ever experienced.
    #17
    Slugbaby
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    RE: Anyone notice the recent Fender price increases? 2009/03/22 09:28:06 (permalink)
    Ouch. That'll suck when it's time to buy a new guitar.

    On the upside, it might be enough to stop me from buying my 10th guitar (that I really don't need). I like shiny things...

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    edentowers
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    RE: Anyone notice the recent Fender price increases? 2009/03/23 07:07:29 (permalink)
    I guess there's an argument that if you're going to be selling fewer items then you want to make more money on those in order to compensate for the lost sales.

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    Monkey23
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    RE: Anyone notice the recent Fender price increases? 2009/03/23 07:44:45 (permalink)
    I work at a local music store as my day job. Prices have gone up on almost everything since about last October-November, in small increments though. Fender's $300 jump was literally overnight.

    Guild (Owned by Fender) had a big jump as well.
    post edited by Monkey23 - 2009/03/23 07:45:01
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    The Maillard Reaction
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    RE: Anyone notice the recent Fender price increases? 2009/03/23 07:52:01 (permalink)
    how about stagflation?


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    bapu
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    RE: Anyone notice the recent Fender price increases? 2009/03/23 12:02:21 (permalink)
    The old line, "I'm losing on piece price but I'll make it up in volume" seems to not be working for them.
    #22
    bapu
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    RE: Anyone notice the recent Fender price increases? 2009/03/23 12:04:42 (permalink)
    £155... now £272...


    My $ can beat up your £.
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    Slugbaby
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    RE: Anyone notice the recent Fender price increases? 2009/03/23 13:47:18 (permalink)
    ORIGINAL: bapu

    £155... now £272...


    My $ can beat up your £.


    And my $ can beat up your $.


    Really - guitars seem to be priced dollar for dollar in both our countries, so if we both bought a $1200 Fender, yours would cost about $200 more.
    post edited by Slugbaby - 2009/03/23 13:53:30

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    bapu
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    RE: Anyone notice the recent Fender price increases? 2009/03/23 14:07:08 (permalink)

    ORIGINAL: Slugbaby

    ORIGINAL: bapu

    £155... now £272...


    My $ can beat up your £.


    And my $ can beat up your $.


    Really - guitars seem to be priced dollar for dollar in both our countries, so if we both bought a $1200 Fender, yours would cost about $200 more.


    Unless I buy it there and bring it home.
    #25
    MemphisJo
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    RE: Anyone notice the recent Fender price increases? 2009/03/27 10:01:38 (permalink)
    Comparing prices is difficult, you can't use the current bank / tourist exchange rate as a reference. The Purchasing Parity Index is more realistic, which takes things like average income standard of living etc into account. Using that, a USA Standard Strat (at 1130 Pounds including 15% VAT) works out to be around $1689 compared to the same guitar in the USA which is now $1759 not including tax (which could be up to 9.25% here in California) making it $1921.

    So it seems that a USA Strat. is significantly cheaper in the UK than it is three blocks down the road from the factory.

    If I can buy one as a tourist 'VAT free' and somehow manage to get it through Customs without paying duty I could get it for 961 Pounds in the UK, which (using the tourist exchange rate) would be about 1250 dollars. About what I would have paid here in the USA a few months ago.

    What gets me is, the retailers here increased the prices of their already existing stock e.g. many of the guitars in the 'Sweetwater Gallery' reflect the new prices, but many of these instruments (by serial number) show that they were in stock and purchased before the price increase.


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