Used electric guitars can be found almost anywhere from online ads to forgotten closet corners. So arm yourself with a bit of knowledge from cheap-guitars-report.com and go forth fearlessly.
Strategies for finding and acquiring used cheap electric guitars are multi-faceted, just like the knurl on a Telecaster's control knobs.
You're going to get much more bang for the buck in the used electric guitar market because of the natural depreciation that occurs here.
For example, the honey-blond, semi-hollow shown here was listed on Ebay at the time of this writing for $384 with 2 days to go in the bidding. It features Seymour Duncan pickups and a flame maple top--bonuses that fetch $1000+ in the new market.
Gibson Les Paul USA Got your heart set on a Gibson Les Paul and only have a couple hundreds in your pocket? Don't think it's within reach? Read on, because chances are high that you can find it on Ebay, or sometimes through Craigslist.
Take for instance the red Les Paul model you see on this page. It is a genuine GIBSON Les Paul, and goes by the name The Paul II. At press time, prices for these were hovering in the $300-$500+ range, including padded gig bag. Another model worth exploring is Gibson's The Paul from the late 1970s.
G&L ASAT Special Another awesome find is the G&L ASAT, which is basically a Telecaster body, made in the US. The company was founded by Leo Fender, inventor of the electric guitar, and George Fullerton, inventor of the Stratocaster .
Fender Squier 51 This discontiued model just had to be mentioned, although we may need to someday take it off this site because of cult-status demand puffing up prices.
It's the only original model ever produced by Fender's Squier division. The Squier 51 is a cross between a Strat body, Telecaster neck and P-Bass pickguard.
These guitars were not that popular when brand new, so the prices were dropped to sub-$100 levels, generating a flood of hot-rodders to buy them. Find them on Ebay for now, but they may soon become harder to get.
Summary The main difference between the New and Used categories here at Cheap-Guitars-Report.com is that with Used instruments, you'll be searching for and finding higher-end models to add to your arsenal.
Look at the retail price for a new electric guitar and then take about 30-40% off for the same axe in the used department. What's the best way to find these? How do you buy used electric guitars safely online and off? More great tips and picks will be coming, so check back soon.
Things to watch out for:
Inspect for cracks where the neck meets the body
Don't accept from sellers: "cracks are only in the finish"
make sure you can clearly see fret condition
new fret jobs will bust your budget
warped necks can be repaired/replaced if the deal is good enough
You're going to get much more bang for the buck in the used electric guitar market because of the natural depreciation that occurs here.
Take for instance the red Les Paul model you see on this page. 
G&L ASAT Special
Fender Squier 51