Used audio market appears to be collapsing


Based on several ads I placed, there seems to be a fraction of the interest these items used to generate. Has anyone else noticed this?

gano

@devinplombier I fall into that category. In the past month I have sold my entire system. And going smaller. To components that I can physically handle. 
Had to have someone come over and put the 85 pound integrated amplifier in the box. And then in my car. 
The 90 pound each speakers were a similar adventure. Needed help packing. What I once could do alone with no issue is simply no longer possible. My new GaN Fet mono blocks both together had a shipping weight of 14 pounds. The new bookshelf speakers weigh in at 28 pounds each. I will have a different sound to enjoy but I will have good sound to enjoy  

 

 

@mahgister ...in some pursuits, logic goes quantum and you is on your own... ;)

How dare politics enter this discussion?

Easy....you can only walk around the elephant in the small room just so long before you get urinated and/or shat upon.

And it only gets worse, and you and all will get to clean it up.

45 was bad enough.  One would hope the group mentality would notice, but attention spans have become somewhat ragged over the few decades.....

46 a marked improvement, but having to unravel multiple Gordians', even if only incomplete, would dull any mind....

47.....

Spouse and self (retired, but still 'here' and 'there') play to those who want a custom outdoor recreation item for their kids and those from them....of wood.

Commercial stuff, of course.  We be a playa'.... ;)

We're happy to not only have the phone ring, but contracts in hand....
...waiting to pull the trigger when things settle down....or so it seems...

I just hate it when history repeats itself....    with the same sort of dolts at the wheelhouse....

Snide? Yup.....

"It won't be better, but I'll settle for different...."

RLR, J

Are the prices of pre-owned gear collapsing? Absolutely not. Demand remains strong, HOWEVER, the covid premium is eroding. Prices are returning to the long-term mean which would be somewhere around 50% of a particular item’s retail price.

 

Think about it for a moment…why would a used item be worth more than dealer cost for a new in box piece of gear? The only reason is scarcity and supplies are catching up with demand. The automobile market is in a similar trend presently. Its a great time to be buying a nice pre-owned car or a nice piece of pre-owned hifi gear.

 

The thing that causes markets to collapse is when individuals MUST sell. If a given person’s hifi setup is a material part of their net worth or if they utilize debt in their day to day life, they are asking for trouble. Distressed sellers always lose be it housing, real estate, marketable securities.