Has used prices of gear droppd, due to economy


I am wondering if this is a good time to buy some used amps, maybe prices have come down?
maddy1

Showing 1 response by buconero117

No, you need to wait till the third quarter next year to buy. At that point the DJIA will bottom at about six thousand, un-employment will have broken 10%. The 80/60 rule will drop to about 80/35-40. That will translate to a MSRP new at $1000, selling used for about $300. Good things come to those that wait. So, if you are thinking about selling, do it now and pick up an extra 20%.