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 swampwalker

What some of you are missing is the fact that without the internet, most used, high end gear could only be moved by trade-in, unless you live in a major metro area. And you know what dlears give you for a trade!!! The fact that you can expect to get 50%, on average, for good high end gear is only a result of the worldwide market that the internet allows. And don't forget that if you sell at 50%, that means you can buy at 50% also. However, really mint, current or classic analog gear can probably bring a somewhat higher price if you are willing to wait for the right buyer (and to determine that it really is mint, they probably need to do a physical inspection, which means that worldwide market is not available; this translates to less demand=lower selling price).

Also, unless you as good a customer (in terms of longevity as well as volume) as Cornfed is, don't be misled by his ability to buy at such a large discount. And you don't get to be that good a customer by buying large amounts of gear over the net. So we accept the advantages and the drawbacks of the net.