oh, ok, 15%. thank you
Anybody having trouble getting near-your-asking-price for used gear ? (Plz. no hype)
I buy and sell gear "on a whim" and have done so for 40 years. Mostly high-end tube stuff that I get an itch to move from my rig to make room for other high-end stuff that I have been dreaming of. It's fun and gives me a fresh faces to fall in and out of love with.
Lately I am having a really hard time getting any serious offers above 1/4 to 1/3 of retail- actually zero offers over that. And winter is the time of year gear sells. Once the sun comes out things get really quiet. Not terribly long ago I could ask 50% of retail and get serious offers pretty close to the ask.
I am especially having trouble selling ARC gear. It's prices are steadily collapsing. On HiFi Shark that stuff sits for close to a year (or more) before it moves. For example SP 15s are under 2K now. They were selling (not asking) at 3K a year ago. It took me almost a year to sell a new-in--box I/50 for $3000 (!) Ref 75s are moving under $3000 and TMR will only offer 2K for one of them. The older stuff is selling in the hundreds not the thousands. Top-Of the-line stuff like Reference 10 preamps are moving under 12K (asking is around 17K)
I recently sold a Bryston BR-20 brand new in the box and it took me 7 months to get 48% of MSRP. This is NEW stuff- not somebody's junk.
My guy at Magnepan told me their stuff is really moving slowly as well. He blamed it on the political environment. ARC is pretending all is well but I have a little birdie inside there that tells me their stuff is stagnant as and dealers are actually cancelling orders.
Now, assuming you are being honest and not "fluffing the market" with bullbleep because you have something for sale and hoping for the greater fool, are you seeing/experiencing the same thing I am experiencing?
NO RETAILERS PLESASE- you guys tend to "exaggerate" to put it kindly- plus most of us here at AG know who you are and your 1000s of posts are a big clue.
Signed/ Depressed about my favorite side gig.
Showing 16 responses by grislybutter
@toro3 Yes, I think if a new e.g. Simaudio 340 price goes up 25%, the used one will be worth more. But once we feel the effects, people will stay away from discretionary spending, demand will go down and prices have to follow. There is an audio feature though: sellers seem to be wealthy and not have to sell, they can just hold it and won't drop the price just to make money or clean out the basement. |
@toro3 it will increase used prices. Or everyone will be broke and push them down. Probably both in this order. |
@grannyring got it. We'll see.... Quick pain is better than long-lasting. |
@tomrk I have been to a lot of college student apartments in the last 4 years due to my son's being in College. They ALL had way more than headphones. ALL had 2 channel speakers. About half of them active. Some had all in one music systems, streamers, many had receivers and a few amplifiers, DACs and about a 4th of them had turntables!!!! |
btw it's incredible that we no longer can state facts even on this forum because it will be labeled political and will hurt people's feelings. Even if we say "price of x audio gear will increase due to tariffs." - the thread will be deleted. |
@charliee totally. I understand that's how you feel. Under today's rules you can't make someone go away (free speech and stuff) so you need to change the rules. |
@deep_333 I guess you think you are funny or insulting, nice tries.... but your tiny little world is just sad and pathetic. Feel free to ignore me. |
@mark200mph I am mildly curios and somewhat terrified to know what you meant by this |