Best Electric Guitars Under £500

Upgrading your sound doesn't have to break the bank. The £300 to £500 price bracket is the ultimate "sweet spot" in modern guitar manufacturing, offering professional-grade tonewoods, upgraded hardware, and exceptional electronics. Whether you are an advancing student ready for your first serious gigging instrument or an experienced player seeking a high-quality workhorse, our curated guide to the best electric guitars under 500 will help you find the perfect match.

At MusicStreet, we believe every guitar deserves to play its absolute best. That is why every single best electric guitar under 500 in our collection undergoes a rigorous professional workshop setup (worth £75) by our expert techs in our Huntingdon showroom before shipping, ensuring flawless playability straight out of the box.

✓ Hand-Selected for Playability ✓ Free UK Delivery over £99 ✓ Professional Setup Included

Explore Best Electric Guitars Under £500 at MusicStreet

Yamaha RSE20 Revstar Electric Guitar - Red Copper

Sale price£399.00 Regular price

Yamaha RSE20 Revstar Electric Guitar - Swift Blue

Sale price£399.00 Regular price

Squier - Classic Vibe 60's Jazz Bass Guitar - Daphne Blue

Sale price£419.00 Regular price

Squier Classic Vibe '60s Stratocaster Candy Apple Red

Sale price£419.00 Regular price

Yamaha Pacifica 311HYNS

Sale price£339.00 Regular price

Epiphone ES-339 Electric Guitar - Cherry

Sale price£449.00 Regular price

Yamaha RSE20 Revstar Electric Guitar - Black

Sale price£399.00 Regular price

Yamaha Pacifica 311H Electric Guitar - Red Metallic

Sale price£359.00 Regular price

Pro-Spec Tonewoods, Alnico Pickups, Stable Hardware & Free Luthier Setup

Gig-Ready Performance at Intermediate Price Points

The £300–£500 bracket represents the sweet spot for intermediate and gigging guitarists. Featuring high-spec instruments with solid alder and mahogany bodies, alnico pickups, vintage-tint gloss necks, and upgraded bridge hardware from Squier Classic Vibe, Epiphone Inspired by Gibson, PRS SE, and Yamaha Pacifica 112V. All guitars are workshop-calibrated at MusicStreet.

Frequently Asked Questions

Frequently Asked Questions

Are guitars under £500 suitable for live gigs and recording?

Absolutely. Modern manufacturing consistency means intermediate guitars from Squier Classic Vibe, Epiphone, and PRS SE feature stage-grade alnico pickups and rock-solid hardware.

Do intermediate guitars under £500 hold their tuning well?

Yes. Our workshop checks nut slots, string trees, and machine head tensions on every guitar to ensure stable tuning performance under energetic playing.