Trade in value to a dealer


I have some items I would like to liquidate and reinvest the proceeds into upgraded equipment.  I have no feedback on Audiogon and wouldn't enjoy selling if I did.  I am interested in experiences you have had with trade in value to a dealer.  Let's say I have an amplifier which I would normally sell for $3,000 and a set speakers which would sell for $1,500 if I were to sell them to an individual.  What expectation might one have if trading these items in on more expensive pieces? 

I have no experience in this area, but in comparing it to the automotive market, I would be getting a wholesale trade in value.  Do most audio dealers operate on the same basis, wherein they feel they must make a profit on the inventory they receive via trade in, or might they allow a fair market value if they are making a profit on the item I am buying from them?  I am sure it varies from dealer to dealer, but am interested in other's experiences.  Should I expect to take a big hit?  Or maybe just a slight cuff?  Thanks.
abnerjack

Showing 1 response by detroital

Audiogon is good, but of course they charge for their service. I just sold a Parasound amp after 4 weeks.  Lots of people looked at my ad.  Remember, it has to be priced reasonable, and don't try to make a little extra on the shipping cost.  Also, I just sold an Earthquake amp two days ago on US Audio Mart.  They also have a lot of lookers, and the listing is free, because they have ads on the website.  Reasearch what you are trying to sell, and use Paypal to buy and sell.  If you have your PP account linked to your credit card, you are protected by the same rules of the credit card company, in case of non delivery, or a DOA piece of equipment.  Good luck.