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. 

fthompson251

Showing 2 responses by waytoomuchstuff

waytoomuchstuff's avatar
waytoomuchstuff
1,224 posts
 

Anyone who sells below market value is a) not paying attention, b) not very good at 4th grade math, or c) an advocate for the greater good, unselfishly serving humanity.

Something else to consider is the replacement cost of those goods. If they are sold at 20% below current market value, the seller will not be able to replace them with similar goods at the same price. Thus, a very poor financial decision.

waytoomuchstuff's avatar
waytoomuchstuff
1,224 posts
 

@hilde45 

Your points "d", "e" and "f" are valid points and certainly validate the intangible elements of financial transactions.  

Under your "probably a bunch of other reasons" listing, items could include:

- dissolution of marriage.  Just get the stuff out of the house.

- estate sales -- where there is a complete emotional disconnect from the equpment and 10 cents on the dollar beats 0 cents on the dollar.

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