Fender Hot Rod Deluxe IV 30th Anniversary. What is it? The Hot Rod Deluxe was forged in the musically chaotic post-grunge era of the mid-90s when electronica and alternative rock were vying for pole position and bands such as Radiohead – to name just one example – featured edgier, brasher guitar sounds from valve amps. With 40 watts of valve power, dual channels and two footswitchable levels of boost, the Deluxe seemed a great fit for the times.