are we are own worst enemies?


Why do audiophiles sell their used equipment for 50% or more, off of the retail price. I feel that if a piece of used equipment is in mint condition, 65% of retail would be a fair asking price. Since most of the sellers on audiogon sell their equipment for 50% of retail, I am forced to do the same, if I want to make a sale. I find this practice strange, especially when dealers will only discount 10% of retail on new equipment. Anyone care to comment?
jazz_nut

Showing 1 response by cornfedboy

jazz_nut: a couple of points. first, you've got a greedy dealer if you get a discount of only 10%. you should expect 20-25%; if you don't get it, shop elsewhere. second, in reply to other posts, the typical highend dealer price is 60 points, meaning a $10,000 MSRP product costs the dealer $6,000 + shipping. as already correctly noted, wire is sold at 40-50 points to the dealer. so, if you trade with a decent dealer and pay $7,500 for a $10,000 product, do you REALLY think it's worth $6,000-6,500 used? i don't, especially if its outmoded by a newer model. -kelly