2. amps-preamps
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hifi as investment?

Well sort of. I am just starting out in this hobby and having already exchanged a few used components I bought here and later sold- sometimes for the same amount I paid- sometimes for more-

Seeing this has made me consider the idea that one could approach this hobby's acquisitions as a sort of currency. Considering the ease with which many popular components are sold- SCD-1, De Capos, etc. I have begun to realize that it is possible to approach an expensive system with the rational (if art is not enough) that ridiculously expensive components are just another form of money- a temporary resting place for your reserves (of course this considers purchasing used and at a fair price).

I'm looking for nominations. What components are most depreciation proof once they have taken the hit of being used? I want to rationize an absurd purchase and enjoy my monetary reserves while retaining my safety net.

Does anyone else approach it like this? Used Elrods? Don't get me wrong, I'm doing it for the love of music, but a $15000 system requires some consideration of financial prudence right?
wheeler

Showing 1 response by kthomas

kthomas
911 posts
 
Wheeler - yeah, a better subject for the thread would probably be "creating your own full-credit upgrade plan". Many full-service dealers used to offer a full-credit upgrade plan if you wanted to, say, trade in your speakers you bought from them for something higher in the line. I don't think many dealers offer this any more, which is part of what makes used / internet so attractive, IMO.

It's certainly reasonable to imagine buying a system for 50% of retail, using it for several years and selling it for 35% of retail. That means you could enjoy a $20K system for $10K invested, use it for five years, and sell for $7K. You might even be able to do better, but even if you didn't, that's $50 /month to enjoy a fabulous system. Certainly one of life's cheaper pleasures.
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