2010 has arrived and I am sure you like the rest of us is glad that 2009 is over. What a ride and a terrible one at that. Just when you thought it could not get worse it did and finally we can say goodbye to the mess that was 2009. There are some glimpses of hope I see for 2010 so lets keep our fingers crossed.
In the vintage guitar and vintage guitar parts world much was the same as the rest of the world gloom and doom with brief glimpses of hope. The vintage guitar market took the real hit and the good news was vintage guitar parts although down significantly still sold on a regular basis and pulled us through. It showed me that even in bad times one needs relief and if you cant buy a vintage guitar restore the one you had seems to be the message i got.Basically with limited funds people put their guitar back to stock rather than buying other more original ones. This solved their vintage guitar jones at a fraction of the price. The result is that parts sold people were happy and now their guitars are worth more a win win situation.
From a business stand point I would be lying to say we rocked and had a great year. The truth is we got by and thank God parts are selling but business was off. around November we got signs of a stronger recovery and it appears to be continuing and as of today sales are still good and we are also still able to buy great parts. I hope this year will be better for everyone.
The other good news for both is prices have come down on parts . This is great news for the consumer and us as a buyer. We can sell for less because we are buying parts for less. Unlike the frenzy two years ago now seems to be a good time for everyone to buy vintage parts because the prices have settledand there is a good supply around. The fact that great parts are flowing out onto the market again is because people need money and they realized all those parts sitting in drawers are found money. I know from experience that people have been sending us literally photos of piles of parts they have and this has not happened in ages . People were holding on to them like stocks in the frenzy seeing crazy prices but realize now that now is as goodas anytime to sell. So I expect a great year for parts because of this fact.
Thanks again for all you support and help any questions please send me an e mail at THE PARTS DRAWER and i will answer all e mails within 48 hours
JIm Pasch
Tags: fender guitar parts, gibson guitar parts, guitar parts, vintage guitar parts, vintage guitars