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 1 response by jpk39

1.people now just don’t care for equipment.
2.audiophile business is full of snake oil salesmen(cd and record demagnetizers)and who can forget the king of them all ,george tice and his tice clock.
3.audiophile stores are unfriendly I’ve walked into many types of hi end store(jewelry,furniture automobile)and have been treated with some type of respect , but rarely at high end store, i’ve been sneered at and even insulted.there is no industry that goes out of its was to insult existing customers and turn off potential new customers.
4.magazines, blame the reviewers they are mostly bored geeks who only want to review outrageous expensive exotic equipment.turning off 99.99% of the buying public.
5 the companies,do we really need another 10 watt 20K amplifier?? companies have completely lost touch with reality.who the hell can afford this stuff ??and most of it is very unreliable to begin with. one website says the audiophile industry is $200M a year not impressive even for a company let alone an entire industry.