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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 pkvintage

pkvintage's avatar
pkvintage
215 posts
 
2 simple comments. The younger generation are into pocket hifi (cell phone) and head phones. It's the instant gratification, download it, listen for a week than onto the next pop star song. Not about the quality. Although there is a nice little push from old soul younger generation for good vintage gear. 

Baby boomers are still buying good gear. They have the $ and the memories of those pounding Kabuki speakers but now they want the real thing so open up the wallet. 

One more. If you told  Audio Note high end audio is dead I don't think they would beleive you. Just sayin. 
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