Retail?


When listing an item's new retail, should the price be the current retail, or the price of the item at the time it was purchased? If you know someone bought an item for $2,500, it is 3 years old, and the say the current price is $3,300 and are asking $2,200 - is this appropriate and honest or somewhat not?
pubul57

Showing 6 responses by audiofeil

If you're selling, for example, a 1967 tri- power Corvette for $100K tell me how the original purchase price is an issue. As a prospective buyer, I could care less.

At the end of the day, isn't what you pay all that matters?
>>but there is something deceitful to the practice of listing current retail<<

Totally disagree.

The only salient price is what's agreed on by the 2 parties.

Everything else is window dressing.
Pubul57,
So selling a house or piece of real estate for profit is something you also find objectionable?

If not how is that different than an amplifier, bottle of wine, rare coin/stamp, classic car, etc?

Put your emotion aside and understand the selling price is all that matters if you've done some homework and research. It's the buyer's responsibility to ascertain what he/she is buying.

Just sayin.........
The original MSRP is irrelevant.

Ever see an ad for a house that includes the build price? Is that seller being dishonest or deceptive?

I'm out.
>>Audio equipment depreciates (unless it becomes a vintage collectible), real estate appreciates<

One last thought:

Really?? I'm in Scottsdale at the moment. Tell the residents here, some of whom have lost 50% of their equity. Ditto Las Vegas and many cities in Florida, etc. You simply refuse to accept the facts.

MSRP is meaningless in a resale negotiation.

Thank you
Polk, I think there is a difference in philosophies articulated here but labeling somebody dishonest might be a stretch. What do you think?