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Author Topic:  HOW did YOU finance YOUR BIG Guitar PURCHASE?
Ray Montee


From:
Portland, Oregon (deceased)
Post  Posted 30 Jan 2009 12:16 pm    
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I understand some of you folks made really BIG BUCKS during YOUR playing career.......but that doesn't apply to the vast majority of us wanna-be pickers.

HOW did YOU manage to finance YOUR BIG Guitar PURCHASE? Got a wealthy partner, generous-loving parents, a 2nd mortgage on your house, sold something of value?

Some of you Forumites have 3 or MORE, pedal steels and considering what they're going for these days, it's mind boggling how you managed to do it.

Let us in on the secret?
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Donny Hinson

 

From:
Glen Burnie, Md. U.S.A.
Post  Posted 30 Jan 2009 12:35 pm    
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Ray, yes...I've got a few, but that's nothing compared to your own Rickenbacker collection, is it? Wink
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Lee Baucum


From:
McAllen, Texas (Extreme South) The Final Frontier
Post  Posted 30 Jan 2009 1:51 pm    
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I've just got one pedal steel guitar. When I ordered it, I had been saving all my playing money for years. (I don't play music for a living.) I don't remember how long it took to save up that much cash. After my new Mullen came in, I sold my old Emmons. I kept $300 of the proceeds for myself and split the rest equally between our church and my lodge.

Lee, from South Texas
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Eric West


From:
Portland, Oregon, USA, R.I.P.
Post  Posted 30 Jan 2009 2:11 pm    
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Never bought a single instrument or amp that didn't get paid for by playing live gigs for the money. My harley came from gig money too.

The first one was $600 borrowed from the base credit union in 76 to take some lessons from BC. Took about a year before I paid for it out of gig money.

Actually traded for some lately.

Am trading my 1-12 HRDlx for a Marshall 100w SS half stack and a guitar this Sunday.

I figure I can play louder to make up for my loss of hearing..

Smile

EJL
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Tony Prior


From:
Charlotte NC
Post  Posted 30 Jan 2009 2:28 pm    
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Most of my instruments came by way of gig money, some were gifts from my wife. I had several vintage Instruments which were not expensive at the time I purchased them but years later became valuable, at that point I made the decison and sold them off, but using the money for new gear , a modern Steel, my favorite 88 52RI Telecaster etc. I have always bought and sold or traded on the used market, still do, I am always seeking something different and I certainly have a bunch of good junk to "move" to get the deal done. I guess I can say that when I buy, I am always thinking about the sale as well so in my mind I always try to buy smart and conservative. I do this with Cars too.

for ex:
I sold my Sho-Bud Steel and Fender Twin in the early 90's. When I wanted to buy another steel and amp , I sold my early 80's Gibson ES335 which I never played and bought new. That funded my first Carter D-10 which I purchased from a forum member , I had a few dollars left over. I used the left over and got a Nashvlle 400 from a forum member as well.

Now you don't want to know anymore because that was the beginning of my continuous saga of selling , trading whatever which is still going on. 5 or 6 steels and 5 or 6 amps later I am still in the process !

and it really is fun too.

t
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Mickey Adams


From:
Bandera Texas
Post  Posted 30 Jan 2009 2:38 pm     Guitars
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I had the choice- gear Whoa! Whoa! ,...Or a wife Rolling Eyes ...Ive got a lot of gear...
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Bent Romnes


From:
London,Ontario, Canada
Post  Posted 30 Jan 2009 2:45 pm    
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My wife bought me my MSA Classic D10 in 1976.
Sold it to finance a piano for our daughter who was taking piano lessons.

Now, when I want a steel, I make one. Sort of a retirement hobby. Currently making 2.
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b0b


From:
Cloverdale, CA, USA
Post  Posted 30 Jan 2009 3:52 pm    
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I've been "trading up" all my life. Each new "main ax" required the sale of the old one plus an increment of cash.
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james sluder


From:
Tennessee, USA
Post  Posted 30 Jan 2009 7:36 pm     Re: Guitars
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Mickey Adams wrote:
I had the choice- gear Whoa! Whoa! ,...Or a wife Rolling Eyes ...Ive got a lot of gear...
Very Happy

Mickey i think you made a good choice ! HAHAHA ! Very Happy
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Pete Conklin


From:
Austin, TX
Post  Posted 30 Jan 2009 7:42 pm    
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Mickey, you're hilarious, dude! Laughing
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Matthew Prouty


From:
Warsaw, Poland
Post  Posted 30 Jan 2009 8:01 pm     $$$
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I save a good portion, maybe 90% of my proceeds from shows to pay for my set up. I started out with good gear and sold and upgraded with the proceeds. I am making excellent money playing so I am getting a really good outfit of gear. I just started socking away money to buy a back up guitar.

I play so much I cannot recall that last time I paid for a beer.
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Rich Peterson


From:
Moorhead, MN
Post  Posted 30 Jan 2009 9:32 pm     Re: Guitars
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Mickey Adams wrote:
I had the choice- gear Whoa! Whoa! ,...Or a wife Rolling Eyes ...Ive got a lot of gear...


Yup, that's the answer. In my early 30s, I became concerned that I was still single and my musician friends were working on their second divorce.... I realized wives and guitars usually didn't coexist well, so I took the less expensive option. And a guitar doesn't mind if you have another guitar.
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Dave Mudgett


From:
Central Pennsylvania and Gallatin, Tennessee
Post  Posted 30 Jan 2009 9:46 pm    
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Lots of ways - I've horse traded over the years and had a guitar shop during the 90s.

But these days - I work for a living doing something besides music. YMMV, but works for me. Alien
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Andy Jones


From:
Mississippi
Post  Posted 31 Jan 2009 5:57 am    
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I've always lived within my means,so I saved up until I had the cash to buy what I wanted.All of my instruments were bought used so they weren't very costly except my 1928 Gibson banjo,of which I am very proud of.I'm not knocking credit or instant gratification,but look where it's gotten our country.

Andy
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Hook Moore


From:
South Charleston,West Virginia
Post  Posted 31 Jan 2009 6:03 am    
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My first couple guitars I bought from a friend that trusted me enough for credit. Then I played the same D10 Emmons and Session 400 amp for 28 years before changing anything. Of course 2 divorces made it easier to not have money to trade Smile Consistently having gigs through the years makes it easier to survive than you imagine.
Hook

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Jack Dougherty


From:
Spring Hill, Florida, USA
Post  Posted 31 Jan 2009 8:08 am     Simple...
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Easy one Ray..

Just max out all your credit cards...go into debt..
and tell everybody your rich. Whoa! Whoa! Laughing
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John De Maille


From:
On a Mountain in Upstate Halcottsville, N.Y.
Post  Posted 31 Jan 2009 8:20 am    
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I've always traded up for instruments, since, I started playing music.There was always a modest cash outlay on my part for the particular axe I wanted. There are several I wish I never got rid of, but, I didn't have a crystal ball to tell me how much they would appreciate- HA!
My gig money provided for my lifestyle, put a roof over my head, food on the table, clothes on my back and any extra gear I wanted.
Playing gigs are pretty lean now, so, any upgrades will have to be done by going back to square one, or robbing a bank.
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Chris Schlotzhauer


From:
Colleyville, Tx. USA
Post  Posted 31 Jan 2009 9:40 am    
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Quote:
I've been "trading up" all my life.


Even the wife?
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Ulric Utsi-Γ…hlin

 

From:
Sweden
Post  Posted 31 Jan 2009 10:44 am    
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...with an increment of good habits..?..
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Alan Brookes


From:
Brummy living in Southern California
Post  Posted 31 Jan 2009 10:50 am    
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...by not giving up my day job and becoming a starving musician. Sad

When I moved from England to California 29 years ago (oh my God, is it that long Shocked ) I had 15 yrs. working in government finance behind me. I made up my mind I was bored with accountancy and would become a full-time luthier. Unfortunately, reality stepped in in the form of having to pay rent on an apartment in San Francisco, and I drifted back into accounting. Sad
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Dan Murphy

 

From:
Missouri, USA
Post  Posted 31 Jan 2009 1:23 pm    
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When we sold our home 2 yrs ago I asked my wife if I could buy a new steel. I had been playing an old shobud professional d10 . I had never baught a new steel before. She said ok ,and that I better get what I wanted beacuse I would not get one any other way. Embarassed . So I called Del Mullen and made an order for a RP D10 8-5 natural laquer finish. Cool
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John DeBoalt


From:
Harrisville New York USA
Post  Posted 31 Jan 2009 2:06 pm    
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My first good electric guitar ( Fender Jazz Master ) I bought with the money I made washing dishes, and making pizzas in my uncles resturant when I was a teenager. My main steel, came from a christmas bonus the company paid every year, and I normally gave to my wife. The other stuff I got was buy, sell, trade deals. John
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Billy Tonnesen

 

From:
R.I.P., Buena Park, California
Post  Posted 31 Jan 2009 3:30 pm    
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Iv'e paid for my guitars primarily from Music Gigs.
However, for the first really decent amp (with some power}, I went out to Leo Fenders first shop in the middle 40's to look at one of his 15" tweed covered amps. They were selling for about two hundred dollars. I told Leo I wanted one but would have to find some financing. He said, take the Amp with you and just send me twenty dollers a month until it's paid off. No Contract no Interest, just a handshake and then he took me to lunch at a little coffee shop down the street. He loved to talk to musicians about what they wanted in his equipment.
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Kevin Hatton

 

From:
Buffalo, N.Y.
Post  Posted 31 Jan 2009 4:17 pm    
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I left my wife. Steel guitar is cheaper.
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Dave Mudgett


From:
Central Pennsylvania and Gallatin, Tennessee
Post  Posted 31 Jan 2009 4:30 pm    
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Quote:
I told Leo I wanted one but would have to find some financing. He said, take the Amp with you and just send me twenty dollers a month until it's paid off. No Contract no Interest, just a handshake and then he took me to lunch at a little coffee shop down the street. He loved to talk to musicians about what they wanted in his equipment.

Billy, you are a lucky man. Smile
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