I'm new to the forum and I have a question for all you Ibanez experts!
On my local Craigslist someone posted an RGT320QRBB Prestige for sale for $2000. I thought the price seemed quite steep for a used guitar (especially since he stated he bought it originally for $2200 new which is only a 9% decrease in price) so I called him and arranged to come over and have a look at his guitar, hoping I could negotiate a better price with him in person.
It played and sounded amazing, but the condition of the guitar could be better: it has about 4 or 5 small to medium size chips on the back edges of the body and is missing the volume knob, also the fretboard has been redone (you can't tell though) because apparently it had cracked and needed to be replaced. from the front it looks perfect, with the exception of the volume knob which I could easily replace.
Although I would have preferred it to be in mint condition, I figured it could work out in my favor since the value would obviously be decreased from the blemishes so I offered him $1400 for it and he said the lowest he would sell it for was $1500 unless no one else bought it for that price in the next few weeks.
I think even $1400 is still too much considering the condition of the guitar, but I've dreamed of owning this guitar for years....
so my question to you guys is: what do you think the resale value of this guitar should be?
Is $1400 too much? too little?