New vs uses in your current setup

Power conditioner - used

Innuos Zen - new

PSAudio/APS Audio Transformers Direct Stream Signature Seties Limited Edition Plus -new

Aric Audio Motherload XL -new

Atmasphere Class D - new

Radu Tarta SET 45 being built currently 

Charney Audio Companion Excalibur AER BD3 -used

all cables new

Funny, before I spelled it all out, I would have guessed 1/2 of my equipment was used

Most of the new equipment did replace used/demo units I had. The money from the sale of the used equipment made purchasing  new a lot easier

Until a couple years ago, almost everything was used. Now the turntable is used, and the speakers are demos, although the manufacturer considers them new.  Everything else is new. Thanks for the interesting thread. 

I guess if you’re the kind of audiophile who’s constantly changing combinations of gear in search of the perfect system, it’s going to be prohibitively expensive to repeatedly buy new.

If like me, you’ve kept items for 25 years and in one case 40 years, the high depreciation cost of buying new is spread over a much longer time period.

Also, I’ve stuck with one manufacturer, Linn that tends to facilitate upgrades of existing products, sometimes at heavily discounted prices. For example the latest model of their top streamer cost me about 50% of the full retail price to upgrade to. 

Only once, did this backfire on me when a new much better DAC upgrade came along only a couple of years after I belatedly did the previous upgrade. Fortunately, that was an outlier. The upgrade was so significant that I bit the bullet on that one.

Basically, I’ve been happy with my system for the past 25 years and have just been refining things as new developments came along. Now I am old, I am less inclined to pay huge sums to keep up.

All early 80s to early aughts except DAC is new. It is temporary as well as my worst quality piece.

About 40% of my gear was bought in working order and 60% required I perform various levels of refurbishment.