It's NOT greed Jordan. Not that greed, in and of itself, is a bad thing (although many people who have postured as philosophers have by and large succeeded in getting people to accept the package deal that greed involves screwing other people inherently... but that's a separate issue).
I've been out to the factory, and personally met and talked to the fine folks at Alembic. As far as can be ascertained, they live a fairly modest existence. I see the reason for the price increase as simply being costs they have to pay themselves, and therefore must pass on to their customers. This isn't any fun... but it's reality. Other members have already pointed out that Alembic is located in one of the costliest areas of the country to live in. Frankly, I'd never consider living in California because of the ridiculously mismanaged government of the state; but again, that's a separate issue. They DO choose to live there... and they have to deal with the government and taxes, and reality.
It sucks. But I don't think they're raising the price for any other reason than they deem it necessary to meet their obligations/requirements of survival/maintaining their existence.
It DOES suck, to be sure. But, as far as I'm concerned, they're doing what they need to do.
Alembics have alway been expensive. But... it's all relative. In my opinion, they are a bargain, because -expensive though they be- what you get for you're money FAR surpasses other available options/alternatives.
I've played a lot of nice basses. But I can honestly tell you, right now, that if, somehow, a rich stranger decided to buy me 3 basses... they'd all be Alembics. Because they're the best. Because nothing else comes close.
I had to save for QUITE some time to buy my first stock Alembic; then, when I decided to buy my second/1st custom, I had to save even longer... and it took me several years to pay off.
I don't regret it. Because it was worth it. In fact, I recently found out they actually LOST money on my custom (which I feel bad about). In fact, they actually threw in a couple VERY NICE extras to placate me over delays in construction -which were due to them underestimating the costs of the very elaborate features of my custom. At one point Susan had offered to give me a superfilter to placate me. I'm sure glad I didn't accept. I had some intuitive sense that they were doing the best they could; and -considering they lost money on my bass- I'd feel like a real heel if these people has lost even MORE money on me. I really want them to make some money on me with my next/current custom... because they deserve it.
I KNOW from my own experience that priority number #1 for Alembic is to make their customers the best instruments possible for their customers WITHOUT COMPROMISE. Period. We had some heated moments during the construction of my 1st custom (due to MY impatience, justified or not). At no point did money enter into their equation. They placed the highest value on customer satisfaction. They showed this in their actions. They never SAID it; they didn't need to. They SHOWED it... in everything they did. They built me the best bass possible for the quoted price (FAR MORE, to be sure).
This is NOT the same as getting people the lowest possible price. It just isn't.
There is ABSOLUTELY NO DOUBT in my mind that they are raising prices for only one reason: they need to... to maintain their standards, and to meet their needs.
Yes, it sucks... it really does. I wish they didn't have to raise their prices. I wish I could have afforded to get the extended fingerboard I wanted WITHOUT sacrificing other options; I wish I could have got gold hardware; I wish I could have got a Series instrument; I wish I could have got custom electronics. I really do.
I also wish everyone was honest and rational, and that there was world peace, and our cats had wings and could do the dishes.
But reality ain't so.
I know that I'll be getting the best instrument money can buy -for my next custom. Even though they haven't even built it yet, I can see it like it's in front of me... I have total confidence.
And it'll take me a while to pay off, in all likelyhood.
But, expensive though it be, it WILL be worth it. I'll confirm this in several months when I get the bass.
Are Alembics expensive? Sure. Always have been. Most likely, always will be. I don't see any way they could do what they do, otherwise.
But really, for what you get they're a bargain...
ALEMBIC AREN'T EXPENSIVE... they're PRICELESS!!!
Mark/the 8 String King