I want to buy new speakers for 50,000 and see it used for 30,000, what should I do?


two issues here, would it be smarter to buy the used speakers not knowing where they’ve been or how hard they’ve been played or maybe there’s something wrong with them. And the other issue is what happens to the value of my speakers immediately after the box comes to my house. And I guess the third issue is, amI insane for buying $50,000 speakers.

It seems like I’ll be losing $20,000 immediately and of course probably a little more since if I ever sell they will need to be reduced further so used price can be 30,000 if a dealer is involved which they probably will be.

This raises a serious concern that very nice speakers are just too expensive.

Fortunately (and luckily) I’m not married so that makes this process a lot easier

emergingsoul

Showing 2 responses by lanx0003

The amount of markdown you can secure when buying used audio gear, like in other markets, depends on various factors including competition and current market conditions. For example, before COVID-19, it was easier to get a 20%-25% markdown below MSRP when buying a car in a buyer's market. However, the situation has changed significantly now.

When it comes to audio gear, in my area of West Palm Beach, there's only one dealer carrying high-end gear, and his prices for new items are fairly firm. However, he's more generous with discounts on used gear, which helps on his cash flow. Negotiating more than a 10% discount on new items is difficult, and it largely depends on the brands.

  

If you are sure it is your end-game speakers -> buy NEW

If you are NOT sure it is your end-game speakers -> Buy used and flip it later if you are not satisfied.