Should repaired equipment be stated in the ad??

People don't reveal repairs anticipating that somebody might be afraid of buying repaired unit. This person would buy something that has, what he considers, a hidden defect (loss of value in his opinion). The fact that they don't know about it doesn't change that they bought substandard (in their opinion) product. Therefore I would fully reveal nature of the repair and current condition and even sell for less if I have to (honesty costs).

There is a lot of factory refurbished stuff sold on internet with big discount. I believe that selling factory refurbished units as brand new is illegal but, according to many of you, factory repair doesn't change the value.

Can you honestly say that you would buy repaired one of two identical units sold for the same amount on Audiogon??
(everything else being equal). One person stated that repaired unit is even better - would he pay more? Seriously?

Bdgregory - So you would really select and pay more (worth more to you) for the repaired unit (everything else being equal). Are you serious?

Or maybe when you find out that you bought repaired unit you should call seller and thank him for that (higher value)?

According to this one should advertise repairs done to the unit since they increased its value. We don't have problem anymore.

I believe that is not so important what I think but rather what possible buyer might think. I don't want anybody to feel bad after purchasing things from me, so I would reveal what I know.

If I go by what I think then we enter dangerous territory - one might sell house that was rebuilt after big fire without disclosing it because it has, in his opinion, even greater value.