This margin exists to cover the store’s overhead, including: Rent, utilities, and employee salaries.
Guitar Center does not typically base its offers on the original retail price of an instrument. Instead, employees use a standardized system that references current market demand through sold listings on platforms like and Reverb . Once a "fair market used value" is established, the store generally offers between 50% and 60% of that amount. For example, if a specific model of an American Stratocaster is consistently selling used for $1,000, a seller can expect an offer in the neighborhood of $500 to $600. does guitar center buy used guitars
The Economics of Convenience: Selling and Trading Used Guitars at Guitar Center This margin exists to cover the store’s overhead,