Prices here and on ebay.....what do you notice/think?


Forgive me, but I am new at this high-end audio game...only been at it for 50 years, both in the business and as a consumer. 
 I do not know, maybe it is a side effect of Covid, but some of the prices people are asking are just not in keeping with what a unit is worth or what they have sold for recently.  On all sites, the best reference for price is sold items, what an item actually sold for rather than a hopeful listing price.  But the proof is in the sales, or lack of them.  In being active on this site and ebay, some of the current prices are ...well surprising.  I guess caveat emptor is very timely.   Is this something any of you have noticed or?





whatjd

There is reason for the price increases, which are not necessarily justified. As we know, both Covid and the war in Ukraine have slowed both supply chain and production of new components. Major shippers are also regularly backed up due to resource constraints, and shipping prices are increasing because of the inflating cost of gas. Combine all of these with manufacturers who are trying to retain their profit margins, and it results in a hefty price increase in new gear.

I knew of one manufacturer whose units were backed up for months due to shortages in aluminum of all things. Having to seek different sources led to delays and added costs, and factor in the lack of sales as a result, then they likely need to profit more on each piece to make up for it.

Dealers as well, over the last few years now need to be more careful to either collect sales taxes in their listings or embed the costs into the product as selling across states has become more strict. So consider 5-10% going into that if buying used from a dealer.

Because of all this, the used market has also skyrocketed, as people are now basing the value of their goods on demand and listing items for more than they would before because manufacturers have raised their prides considerably more than when the user initially bought the item.

All of this is in line with inflation, but combing that with gear that was already expensive to begin with is making it more difficult for anyone to be able to access it. 

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I've noticed over the years a small number of eBay sellers listing well regarded gear at highly inflated prices. Those items sit unsold for a long time. Years?
I have two theories. 
1) The seller is in no rush to sell and hopes in time some well to do person will buy near or at asking price.
2) Seller promised his wife he would list said item or items for sale in order to buy another vintage prize. 


Yeah the prices are CRAZY on both Epray and Craigs hit, and I think it is because they have had the Virus and this is the LONG-TERM EFFECTS of COVID, with them sitting home and smoking WEED it is not a good combination.
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fuzztone, Agreed.  It would seem that "the times" is bringing out more of this.  Both of my sons are in the film/movie/entertainment industries and things are sloooooooooow.  It would be a good subject for a non-fiction book to compare the 1918 flu pandemic, the Polio epidemic...which got a U.S. President and a couple of family members,  and our current Covid situation.  Especially to see how much 24 hour news networks and more have created  hyperbole....and how much narcissism of "our times" is an influence.  Chicken Little and his "Falling Sky" has happened many times in human history.

Take care, Jim