While it is easier to ask the question of “who will afford this instrument”, as there are many potential buyers, the question of “how much will the instrument cost” is much harder to answer. It’s important to know, however, the various costs of getting an instrument – the cost of materials and labor, the cost of purchasing raw materials, and the cost of assembling. So how does a guitar manufacturer get the most bang for their buck? The main answer is to focus on how many other people are buying the instrument. The price increases or decreases can be attributed partially to many things that affect the amount of money each potential buyer is willing to pay for a particular instrument, including how much profit they have to cover their overhead (or lose as a result of their product failing to sell as expected). But it’s also true that some people can afford high prices. A person who can pay a pretty large amount of money for a piano is very likely to own a large number of musical instruments. And a person who can pay over $100,000 for an instrument probably will have no trouble making their income as an independent composer (and their income as a musician in general).
There are all sorts of economic variables and trade-offs involved with what type of purchase one is willing to make. But I have found, in the years I have been studying buying and selling instruments, that in practice, these trade-offs will likely be small. In a situation, like the one described in this article, where a particular item can be bought for more than $400, it’s not unlikely that a person may be willing to pay more to ensure they are getting the best product out of it. I don’t think the person who owns a new $100,000 guitar, which has the most advanced features of any guitar that will be available for sale for a long time, will have the time, resources, or inclination to wait around for a better instrument to be made. If this scenario were to come up, you may be less willing to accept one, and someone else might just be more willing and able to afford one. Thus you will also be surprised to find out if your purchase has a market value.
Does everyone have an equal chance of winning this deal? No. The odds are stacked heavily against you. The most difficult thing about buying an instrument is buying one of the right kind, and that means knowing what kind of instrument you need. It can take a significant amount of time and information-gathering to acquire
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