2. misc-audio
  3. 179278-170020

What's going on with the used audio gear market?

OK, maybe I am unrealistic but I've bought and sold audio gear for the past 25 years off and on for my personal use  as I change out or upgrade.  It seems that a reasonable expectation is around 50% of MSRP or somewhere close. That has been what I've always sold for and bought for. Now I see stuff priced at 80-90% of MSRP. I am talking about things that are not really statement products and can be a few years old and they want 80%.  I just don't get it, this stuff for the most part depreciates rather quickly due to the advancement of technology. Is this a hold over from the Covid Inflation effect on supply and demand? I guess that supply and demand will eventually sort it out. 

128x128fthompson251

Showing 4 responses by dekay

dekay's avatar
dekay
5,387 posts
 

Greed and/or hard times.

 

DeKay

dekay's avatar
dekay
5,387 posts
 

hilde45:

Some of the sales listings I see are either greed or sellers who are not clear on the concept of value.

For example the typical asking prices of old production Klipsch Chorus/Forte have increased approx. 300% from 3 years ago.

Are the sellers asking $2-2.5K+ basing the asking price on the price of the "new" Klipsch Heritage line (I don't know - haven't asked them)?

As far as used recently manufactured gear advertised with a 10%-15% discount I would just purchase a new unit.

A lot of people have been hard hit financially from Covid-19, and I'm guessing that this may also play a part.

 

DeKay

 

 

 

dekay's avatar
dekay
5,387 posts
 

"I cannot fathom how greed comes into it at all."

But then, I can easily fathom such and wonder what these sellers are basing their asking price on.

 

DeKay

dekay's avatar
dekay
5,387 posts
 

hilde45:

Did I step on your, or a friend's toes?

Your Wiki "greed" blurb includes money in the definition, and your rebuttal makes ZERO sense (to me).

Yes, it's apparent from your posts (in this thread) that we do not share the same sense of logic.

 

DeKay

 

 

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