We've had the importing guitars one before, and I've done it. Bought a Martin 12 stringer a couple of years ago. Best price I could find here at the time was about £860 for the DM12. Found a guy in New York selling one S/H for $795 - which worked out around £396. The insured postage set me back 68 quid. It left NY on Thursday afternoon, was in Coventry 24 hours later being assesed for customs. They had it until Monday, and I picked it up in my local Parcel Force Depot in Cheshire on the Tuesday. Cost me a further £115 in VAT, Duty (4%) and handling (12 quid).

Although I thought it was bit much paying VAT on the postage, it still came as a very cheap Martin guitar, in perfect condition, original Martin case, and with the original paperwork from the factory. 10 out of 10 for the seller.

Another good guitar I bought earlier this year was one of the new Guild GAD12. Bought it cheaply from a guy who couldn't get on with a 12 stringer. Unbelievable build quality and finish.