Fed rate increase = lower hifi prices?


Will the recent rate hike meant to slow down the economy result in lower hifi prices?  Seems everything shot up during Covid. Will we now see some relief?

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Showing 5 responses by oddiofyl

I wanted to revive this thread,  I traded my CJ Classic 2se toward a DAC.  The dealer had it on his site by the time I got home.   I clicked on the ad this morning, less than 24 hours later and it was gone .   I clicked on several other items I saw in store yesterday and there were gone too.   They got $250 more than what I was trying to sell it for locally and gave me all the money for it.   Just shows that some brands retain decent value used.   

McIntosh and many other pieces of gear in that price range just went up $500 to $1000 per unit.   They have never announced a "price decrease"

No way, with the 6 month wait for most stuff the gouging will go on. With luxury items it's supply and demand .   It will be a while before used prices will come down. New price increases are here to stay.

Soix, you are right on the money.   I bought new speakers, used preamp , and ordered a new amp in the height of Covid.   I got a great deal on my preamp , bought new speakers when they were first released , before the real supply chain issues.   I amp still waiting on amp but it’s right around the corner.  I don’t think I could have built this system now , a year later without spending a lot more