Slow used market right now?


Just curious what the state of the used market is right now.  I have three components up for sale right now and have seen very little interest.  I'll admit, they probably aren't the most desirable but definitely solid pieces of gear.  I see speakers like Maggies, Tekton, DeVore that have been available for weeks.  Seemingly fairly priced.  Is it just an after the holidays down time? 

pkatsuleas

Showing 5 responses by ghasley

@pkatsuleas I dont see that you have any gear up for sale on Audiogon presently but I will offer my thoughts, irrelevant as they may be LOL.

 

there are certainly times of the year where certain gear moves more rapidly than other times but I have found that desirable gear priced fairly sells within a couple of days, sometimes within a couple of hours. The Devores you mention aren’t priced attractively. The 88’s have been discontinued for some time and Tektons of almost any model are nightmarish to try to ship.

 

There has likely never been a better time in many years to sell preowned gear. The concerns of a baby boomer induced dump of high end gear is likely a non event. I remember conversations 5-10 years ago that the suburbs were full of unsellable 4 bedroom houses.

@bojack 

First, if your 401k has lost money hand over fist over the past 1, 2, 5 or 10 years you are doing something very, very wrong. Second, if you are making hifi purchase decisions based on your 401k balance, then you are doing that wrong as well. Just saying.

@stereo_gen you only owe taxes if you sell it for more than you purchased it for. This isn’t a new tax policy, it has been in place for likely your entire working life and it is pretty simple to understand. Pay your fair share if you have taxable income.

@stereo_gen 

 

Respectfully, you aren’t being taxed where it isnt due. There is now a method in place where tax avoidance is more difficult. Its harder to cheat now. I fail to see the problem…