PMT Online trade in rip off

[edstraker123]

PMT have a seemingly lovely used Spector Euro RST in for £1700 in the Bristol store which I was really interested in. I wanted to trade in a 2 month old Rickenbacker 350V63 Liverpool which is flawless with case etc. which they have for sale on PMT for £3099. I was hoping for a minimum of a straight trade and the assistant said he would speak to the manager and phone me back. They offered £1000 !!!! My LGS had offered £1800 trade in and £1600 cash and they give notoriously bad deals. I'm not sure if the PMT offer was genuine or they just couldn't be bothered even checking a proper value. Anybody tried to do a trade in with them and if so what was your experience ?

 

 

 

 

[Burns-bass]

It’s not great but it’s no surprise.

They would know the value of the bass but they’re not that well known for used items.

 

[Kev]

PMT? Bax? Andertons?  Are there any shops left that haven't hurt you Ed? 

 

General used rate online for the Ric seems to be around the £2k mark, so being offered half its value by a big chain shop, whilst shocking, doesn't sound totally alien to me.  Best just to sell it privately and hopefully pocket a bit of change!

 

Is there a guitar equivalent of the likes of Bassbros?  Will offers really fair prices i've heard, your better bet is trying to sell to someone smaller, and I assume some will buy if its a desirable bit of kit.  But they naturally need to make a decent profit.

[edstraker123]

7 hours ago, Kev said:

PMT? Bax? Andertons?  Are there any shops left that haven't hurt you Ed?

You're not wrong - I need to stop buying stuff I don't need.  I've put the guitar on ebay. I was always under the impression that for a trade in you would get about half the value roughly depending upon desirability and condition . A third is ridiculous for a big name brand as new. The bass listing on the PMT website was a bit rubbish - poor photo and just great condition as a description - maybe in this particular shop they just can't be bothered. I can feel a Trustpilot review coming on....