Last time, I talked about using eBay to find good deals on gear. As one person noted in the comments, eBay is the best place to sell gear. I would have to agree with this. You definitely get the most out of your gear by selling on eBay. You get to sell your gear at the same price a music store or pawn shop is, so you aren’t taking out their cut.
There are other places besides eBay to get great gear. My personal favorite is on guitar forums. I frequent several guitar forums (thegearpage.net & vintagemps.com, among others). First of all, these forums are a great place to get others’ opinions on guitars, amps and pedals as well as playing tips. They can also be a cool place to hang out and chat about whatever. Unfortunately, I sometimes find myself spending more time talking guitar than playing. Most forums have a classified section where members can post items for sale. I generally buy the majority of my gear from these forums, as they have the best prices. A word of caution, though, just like eBay, I take into account the number of posts the person has. If they have over 100 posts on a board, it tells me that they’ve been there a while and should be trustworthy. Also, I generally only pay with PayPal and with a credit card at that. If the seller hasn’t posted any pictures of the items, you can always ask for a picture to confirm that they have the item. I’ve only ever had one issue on the forums, and that was the situation I mentioned in the last post.
Beyond guitar forums, Craigslist can be a valuable resource. If you live in a larger area, you probably have an active Craigslist for your area. You can occasionally find some great deals (I recently picked up a Standard Strat for $100), though, I’ve found that prices aren’t typically as good here. Craigslist can be a good place to sell, so that you don’t have to deal with shipping. The downside is trying to work out meeting up with the buyer and dealing with potentially sketchy people in person. Be aware that there are many people trying to run scams on buyers on Craigslist. These usually involve someone with a money order who wants you to ship the item to a different city. It can be pretty comical how complicated their story can be, as long as you don’t fall for it. Only take cash if you are selling on Craigslist and save yourself some headaches. Also, not a bad idea to meet in a public place (probably doesn’t work if you are buying an amp and want to test it out).
Finally, scour your newspaper for garage sales with musical instruments. I have yet to buy anything guitar related at a garage sale, but I hear ridiculous stories of great scores and it makes me want to get up early on Saturdays. Doing your homework can save you lots of money buying gear and can maximize your money when selling.