Impulse, sometimes, if the instrument's accessible and affordable. Last mandolin I purchased was last year, when I walked into Stutzman's here in Rochester and saw a nice Strad-O-Lin, better than the one I'd been playing for nearly 20 years, for less than $300. Missing pickguard, but otherwise in good shape. So I traded in the Strad I had (got only $100 for it, but I'd paid $25 for it years ago), kept the case, and got what was a slightly better instrument for $200 and change, figuring in sales tax.
I sorta have reached the point where a major mandolin purchase is unlikely. I've filled in some gaps that I had (bowl-back mandocello, Gibson tenor lute), and I had a local luthier build me a custom five-course, fan-fret -- I'd never commissioned an instrument for myself, and figured, when I passed 70, that it was getting to be "now or never."
Sure, if a Lloyd Loar or a fern F-5 fell out of a tree in front of me, and it were in a price range I could actually afford, I'd be tempted. But that won't happen; I'm never going six figures for an instrument, regardless. Not even five. I'm acquisitive, but not totally irresponsible -- at least I hope so.
Still, I did grab that Weber soprano mandolin at Bernunzio's last year, just because it was so nicely made, and I'd never seen one before. Basically, the mandolin that attracts me has to be something other than just a better F-5; needs to be unusual-to-unique, and not redundant with something in my current arsenal.
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