What's happened to the used high end market recently?? Sales are tough....:0(


The heading says it all!! What do you guys think is the reason that the sales in the used high end market have gone soft??
Prices too high? Economy too slow?? Stock market too volatile?? Something else??

Thoughts....
128x128daveyf

Showing 3 responses by lilmsmaggie

I don't know.  I've been watching Gon ads for the past few months thinking I might pick up a nice used/new CDP but haven't seen much I'd be interested in or willing to pay the $$$ for some of the better players offered for sale.

Sales are tough?  Well, there ain't no app for that.

Looking at some of the ad listings (not just CDP's), I noticed that my jaw starts dropping.  I mean I realize people want to get some of their money back - but c'mon, who's buying used gear at some the atmospheric prices being asked?  It's as if sellers (private and merchant) are targeting a niche group of deep pocket buyer's.  Isn't HEA a niche enough market to begin with, why make it even more selective?

Back in the early 2000's when I first became aware of the Gon and I tried my hand at buying/selling, it was different back then.  Sure, there was plenty of mega-buck gear to be had but there didn't seem to be as many merchants involved as there are now and you could find some really good deals on used audio gear.   Nowadays the mantra seems to be  Damn the working poor - full speed ahead, whatever the deep-pocket guys are willing to pay.

Speaking of which, reminds me of this recent article in The Atlantic:
https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130

Maybe they're responsible for what's happening to ALL markets.

I dropped aprox. $17K on new audio equipment this year.  That was the budget and I pretty much stuck to it.  Got myself a very nice system for that price.  I'll probably spend another $7K but then, I'm done.  I can't see laying out ($17-24K or more) for a single "used" piece of audio gear. My pocket's ain't that deep. Makes no sense.  May as well buy new. 

Is it no wonder that a lot of forum topics have to do with digitizing, streaming and PC audio?   Gee - I wonder why?
@fleschler,  there is a EAR Acute mk2 currently being listed.
I must confess, I've never heard an EAR CDP.  Why the volume control?
The guys who do it for the love of it are leaving.

We are losing those who love this obsession to those who are obsessed with only money!
Amen