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Should Wal scale up their operation?


joe_geezer

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5 hours ago, CPCustomdubwise said:

 I am confused....

see previous post, above.

I want a Wal, I have the cash for one but it is too painful to wait 6+ years and £8000.... I had a weak moment back there where in theory I could get one but in reality it's just absolutely outrageous under these current conditions, im mad but not that mad O.o

Edited by joe_geezer
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Bassists that have played an original Wal:

 

John Giblin (Simple Minds / Brand X)

Laurence Cottle (Session, amazing Jazz bassist)

Chris Squire 

Geddy Lee

Macca

Percy Jones

 John Entwistle

Flea

Justin Chancellor

.etc

 

Bassists playing new Wals:

Martin Kemp

 

 

Any other notable bassists playing new Wals (no doctors or lawyers, even if they are notable)?

Edited by joe_geezer
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8 hours ago, joe_geezer said:

Price increases since 2010 for a Wal bass:

 

2010: Prices from £3200. (https://web.archive.org/web/20100206152353/http://www.walbasses.co.uk/Ordering and Pricing)

2012: Prices from £3500. (https://web.archive.org/web/20100206152353/http://www.walbasses.co.uk/Ordering and Pricing)

2013: Prices from £3650. (https://web.archive.org/web/20130602181010/http://www.walbasses.co.uk/Ordering and Pricing)

2014 Prices from £3850. (https://web.archive.org/web/20140605222820/http://www.walbasses.co.uk/Ordering and Pricing)

2015: Wal 4-string Mk1 - £4050 (https://web.archive.org/web/20150216000620/http://www.walbasses.co.uk/Ordering and Pricing)

2016: Wal 4-string Mk1 - £4450 (https://web.archive.org/web/20160128234324/http://www.walbasses.co.uk/Ordering and Pricing)

2017: Wal 4-string Mk1 - £5300 (https://web.archive.org/web/20170427020827/http://www.walbasses.co.uk:80/Ordering and Pricing)

price remains the same until:

2019: Mk1 4-string – from £6050 (https://web.archive.org/web/20200810215913/https://walbasses.co.uk/order-and-contact/)

2020: Price is not disclosed from this point onwards

2022 - If the we take the years from 2017-19 and the price increase of £750 then we can estimate that at least this is added again, possibly even more in 2022 making £6800 - but realistically we are probably looking at £7000+

 

And compare them to Status basses

 

Status bass:

2010: £1975  S2-Classic 4-string through-neck (https://web.archive.org/web/20090824011929/http://www.status-graphite.com/status/pricelist/Status_Bass_09_INC-VAT.pdf)

2022:  £3198.00 S2-Classic 4-string through-neck (http://www.status-graphite.com/status/pricelist/Status_Bass_Pricelist.pdf)

 

I could go and bring up ebay sales from 2010-2022 of used Wal basses and they would probably match the prices of new Wals as shown above...  

The good news is at the current inflationary trajectory a pint of beer will also cost about a grand :)

 

Wals are really expensive but if you really want one there isn’t really any option. As they are desirable with limited production runs second hand Wals are also disproportionately expensive so they will retain their value.

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8 hours ago, joe_geezer said:

 

I could go and bring up ebay sales from 2010-2022 of used Wal basses and they would probably match the prices of new Wals as shown above...  

Which would suggest that their new prices are justified and about right.

It's capitalism, price is set by desirability/market/supply. If it's too high it won't sell, if it's too low they won't make as much as they should be. 
The other thing about capitalism is if you don't want to buy something, no one forces you too.
If Jaydee were more popular and in demand they would cost more and have a longer wait time. 

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7 minutes ago, LukeFRC said:

Which would suggest that their new prices are justified and about right.

It's capitalism, price is set by desirability/market/supply. If it's too high it won't sell, if it's too low they won't make as much as they should be. 
The other thing about capitalism is if you don't want to buy something, no one forces you too.
If Jaydee were more popular and in demand they would cost more and have a longer wait time. 

This. They are also made in the UK and in a very desirable, leafy commuter town in the UK. Labour cost and premises will be ludicrous.

I just returned from an expensive repair bill on my vehicle. Total cost of parts £20. But 5 hours labour and tax made the repair huge. It’s why we dispose of so much stuff in advanced capitalist countries. It’s just cheaper to import from the far east.

I’m just glad companies like Wal still exist in this era of cheap imports.

Edited by tegs07
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6 hours ago, LukeFRC said:

Which would suggest that their new prices are justified and about right.

It's capitalism, price is set by desirability/market/supply. If it's too high it won't sell, if it's too low they won't make as much as they should be. 
The other thing about capitalism is if you don't want to buy something, no one forces you too.
If Jaydee were more popular and in demand they would cost more and have a longer wait time. 

Wrong again, Jaydee are popular, try and find one for sale on the 2nd hand market, yes theres one in the whole world now on reverb for £4500 which is double what they cost brand new.... John could easily charge double but he chooses not to, let that sink in - he choose not to... i wonder why that is? 

 

And I'm not an antiques salesman, doctor or lawyer, i have no interest in buying an instrument as an investment, i want to play it!

 

Thats why i'm asking , should Wal scale up their operation or sell the brand to someone thats can produce reasonable priced instruments & that can produce Wals that are as good as the originals (not this elusive perfection that no one can put their finger on) but at a reasonable price so that all us real bassist (people that can actually play bass not just gas about them) can enjoy Wals. 

 

 

Edited by joe_geezer
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6 hours ago, tegs07 said:

This. They are also made in the UK and in a very desirable, leafy commuter town in the UK. Labour cost and premises will be ludicrous.

I just returned from an expensive repair bill on my vehicle. Total cost of parts £20. But 5 hours labour and tax made the repair huge. It’s why we dispose of so much stuff in advanced capitalist countries. It’s just cheaper to import from the far east.

I’m just glad companies like Wal still exist in this era of cheap imports.

So your glad you'll never be able to afford a Wal... lovely stuff 

And if you go back and checkout the Status prices on my previous post you can see that Status manage to create affordable instruments as do all other UK bass companies with Wal being the exception because their basses may be  priced based on the current perceived market value not on the actual value.

Edited by joe_geezer
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On 16/06/2022 at 08:06, 40hz said:

Does anyone know how the Wal wait times of around 5 years, stack up against other builders?

 

I know a lot here seem to have no issue with it. But, I must be seemingly the only person that thinks waiting that long, is slightly absurd. 

 

If your build times are that long, all it says to me, is hire another staff member or two. 

Yep, it's absurd but the used market might now dictate the price of a new Wal. As long as Wal do not create too many basses, that price will increase by at least £375 a year based on the 2010-2020 prices but lately I am seeing used Wals at £8000+ so it's exponentially increasing... basically just forget ever owning a Wal.

Edited by joe_geezer
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23 minutes ago, joe_geezer said:

So your glad you'll never be able to afford a Wal... lovely stuff 

And if you go back and checkout the Status prices on my previous post you can see that Status manage to create affordable instruments as do all other UK bass companies with Wal being the exception because their basses are priced based on the current perceived market value not on the actual value.

I can’t afford an Aston Martin either but still glad they are made. I get your point but Wal have a business model that works for them and they position themselves in the bespoke, boutique top end market. Im pretty sure the electrics, pickups etc are all handmade. That is rare and labour intensive.

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4 minutes ago, tegs07 said:

I can’t afford an Aston Martin either but still glad they are made. I get your point but Wal have a business model that works for them and they position themselves in the bespoke, boutique top end market. Im pretty sure the electrics, pickups etc are all handmade. That is rare and labour intensive.

Thanks, that's all i was asking for lol Yea i just think it's a shame that we no longer have an option to purchase one, well most of us don't. But i agree it's 100% their decision to run the company however they want and from a financial position they are making the absolute best choices for their own new Wals and for owners of used Wals.

Edited by joe_geezer
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15 minutes ago, MGBrown said:

🤯  Can we end this thread now!

I did mention this to the mod awhile ago.. I pretty much got the answer to the original question, people are generally positive about Wal and are happy with the situation, I a 2-3 others are the exception.

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