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LH500 Price Hike?!


wotnwhy
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as i'm sure a few of you are aware, absolute music were doing the LH500 for £185 a short while ago. the normal retail being £249.

just went onto the site today to show a friend who may have been interested and i gotta say i was pretty shocked by what i saw:

Absolute price - £345. Retail - £396

thats a £150 hike on the retail. what gives? ;)

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[quote name='wotnwhy' post='402158' date='Feb 6 2009, 04:42 PM']as i'm sure a few of you are aware, absolute music were doing the LH500 for £185 a short while ago. the normal retail being £249.

just went onto the site today to show a friend who may have been interested and i gotta say i was pretty shocked by what i saw:

Absolute price - £345. Retail - £396

thats a £150 hike on the retail. what gives? ;)[/quote]

Shurely shome mishtake?
I know the pound is struggling at the moment but that is ridiculous.

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Yep, we've moved from ~2 USD/GBP to ~1.5 USD/GBP. Some companies may have hedged so price rises won't have to happen until their hedges expire but I'd anticipate all US sourced goods to rise in price by ~30% unless GBP recovers relatively soon (unlikely IMO based on how much it was overvalued in recent years). That is likely to also affect all Far-Eastern manuafactured items (China works on USD whilst JPY is at a record high against GBP). The Euro has had two large shifts in value vs Sterling so we've already seen one wave of price hikes on Markbass et al, more to come I suspect.

On the positive side, bass gear is still fantastic value compared to ten or twenty years ago.

Alex

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Cripes, the LH-1000 I bought form Coda for £319 only 7 weels ago is now £599. For the first time in my life, I came out on top. [url="http://www.whatmusiciansneed.co.uk/acatalog/Bass_Guitar_Amps___Cabs.html"]Academy of Sound[/url] still have them for £365 is anyone's interested...

Edited by johnnylager
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[quote name='deksawyer' post='402674' date='Feb 7 2009, 10:43 AM']Korg have taken the distribution over from Sound Tech, so could be a factor...

D.[/quote]

Could be something in that korg seem to be jacking up there prices of late. The junior Platypus has been trying to get the money together for a Microkorg Synth thingy. They were available for about £250 until very recently, now nobody is selling them for less that £330

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[quote name='Crazykiwi' post='402869' date='Feb 7 2009, 03:52 PM']looking at forums like this possibly gives them an idea of demand and market reaction. their websites would be able to tell them where links were clicked.[/quote]

yeah, my first thought when i saw it was that they've probably seen the thread on this site and realised they could be selling it for a lot more.. ha ha!

and +1 johnnylager, i think ive finally got something that makes up for selling my akai deep impact for £75

Edited by wotnwhy
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Academy of Sound had a new LH1000 on ebay which ended last night - 99p start. It sold for just £250 (which seems to have been the top bid by two people). You might have thought if there was really the demand for these it might have gone for a bit more.

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  • 1 month later...

When I looked on [url="http://www.thebassmerchant.com"]http://www.thebassmerchant.com[/url] yesterday they still had the LH500 priced at £225 IIRC.

EDIT: I obviously don't remember correctly! As GreeneKing correctly points out, they are actually [b]£329[/b] at the Bass Merchant. My bad.

Edited by peted
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[quote name='stingrayfan' post='444456' date='Mar 24 2009, 10:26 PM']Anyone seen an LH500 under £300 please? Need a replacement after my Trace went bang![/quote]

Thomann have got them under £300 - just! [url="http://www.thomann.de/gb/hartke_lh500.htm"]http://www.thomann.de/gb/hartke_lh500.htm[/url]

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[quote name='Musky' post='444841' date='Mar 25 2009, 11:25 AM']Thomann have got them under £300 - just! [url="http://www.thomann.de/gb/hartke_lh500.htm"]http://www.thomann.de/gb/hartke_lh500.htm[/url][/quote]
Remember that you have to buy a new power lead when purchasing from Thomann :rolleyes: (I got caught out when I ordered my Zoom H4 :) )

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  • 3 weeks later...

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