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 1 response by facten

facten
2,892 posts
 

agisthos said "Yes there has been a distinct slowdown in the last month or two. The rush to hoard and accumulate that was peaking 4-6 months ago has abated, for now. Its not just audio, seems to be in all sectors, collectable cars, houses e.t.c"

If Mecum Auctions is any indication of the collectible car market hard to see the slowdown in that segment , a few examples of winning bids from watching a re-run of the Aug 19-20 auction in Monterey - 1971 Plymouth Cuda - $1,000,000; 2017 Ford GT - $925,000; 2 1969 Ford Mustang Boss 469s - $400,000 , and $300,000. Seems rarely that any of the cars at their auctions aren’t purchased , and for significant dollars

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