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 nkonor

Read my post @ 12:32, 4/15/18 on the “ New Tweak___Its Fantastic “ thread.
Posted this on the " New Tweak---It's Fantastic"  thread.

Other takes from Axpona.
Is High End Dying?  The answer would be, YES!

20-30 year old - Non Existence
30-40 year old - Only in tow with an old guy
40-50 year old- some and only tow with an old guy
50-55 year old - some
55-65 year old - A LOT
65+  My group; I am still hanging in: my friends are passing younger. Those that are left; are passing in front of TV.

My buddy's comment; He has never seen so many old, white, middle class guys in one place.