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 retired-hank

High-end system is not dead but its market share is much smaller.

How many people can afford a $50K+ system unless they are filthy rich?

Most of us only have a certain amount of disposable income.  A good audio system is only a dream.

I put together a system when I was in high school, Pioneer integrated amp, Dual 505-3 turntable, Nad turner, Nakamichi cassett deck, Denon CD player, and a pair of PSB book shelf speakers.  I had this system for the past 50 years (and I am still using it as my spare system) and it was only 2 years ago that I decided to buy myself a retirement present (audio system) because I do not have the same responsibilities as 50 years ago.