Selling?


I just had an unsolicited offer to buy my CJ 350. He wanted to drive down from the East Coast and pay cash. No price was mentioned. The next day he ask and I told him $6500. I thought this was quite low but I am getting old and have moved into an apt. He was shocked and said that he had seen many for $4000 and one for $3800. Now I have been in audio since 1960 and have a good idea what things are worth. I did not believe this for a minute. Looking on the net I found only one and it was $8724. So if you don't know yourself check with the bluebook before you sell. I told him to buy one of the cheap ones he talked about. So beware of lowballs.

128x128stanwal

Showing 3 responses by michaela

I completely agree with Grannyring. I have thought about getting one over the years to try and missed a mint one about a year back because I didn't think it was worth what the seller was asking, which was about $5,500.00 I agree, due to age, my top price would be $4,500.00 also. It isn't worth $8,724.00, just too many other options at that price.
@tonykay - I think that is the point of my post and that of Grannyring, trying to give the OP an idea of what someone will pay for it. So he had 3 people say what they were willing to pay, which is only to give the OP an idea of what the market will bear for his amp. He of course doesn't have to accept that amount, the final selling price is always a matter of what a buyer or a seller see as the worth of an item.
That's good advice if you are willing to sit on your item for a long time. If you want to move the item, price it to the market. It all depends on your objective. In this case, the OP is not in a hurry to sell something and it is a relatively scarce item so he can wait until someone shows up who is willing to pay his price. It might not be this year, maybe next, maybe the year after. As a buyer, I'm a patient buyer. I know how much I'm willing to pay for an item and wait until there is a seller who is willing to sell his item at the price I'm willing to pay.