High End is Dead?


Browsing used audio sites such as Audiogon and the Marts, high end gear ads are dominated by several dealers. Non-dealer ads are usually people trying to push 15+ year old off-brand junk at 60-70% of MSRP (when they were new). They don't sell anything. You could slash Wilsons, Magicos, etc, 50% off retail and no one will buy them.

No one buys if it costs more than 1k. It's not that they're not interested -- the ads get plenty of views. It's that the asking prices are just way over the ability of buyers to pay. Fact is, if you see a high end piece for sale it's probably by a dealer, often times trying to push it at 15% off retail because its a trade in, but also often they are taking a good chunk off the price 30, 40 sometimes 50% off. They can be famous brands with a million positive reviews. No buyers.

Are we just poor, and that's all there is to it? 
madavid0

Showing 2 responses by david_ten

@ghasley Beautiful Post! Thank You.

9 years ago, I was at a friend’s party celebrating his daughter’s college graduation. Her friends were discussing music and I overheard them and added to the conversation about a couple of the young musicians they were talking about. They were floored. We ended up having a great discussion.

Listen to musicians who are just hitting the ’scene.’ They are as good or better than those from other generations. And as I clearly learned, they also open doors and build connections.