What's it worth if you sold it today?


Many people discuss what their system cost vs. list price, etc., but recent times have caused people to sell off equipment for more essential needs. I don't carry my audio equipment on my "books" as an asset that I could liquidate, but I thought about it yesterday (what I'd raise by full sell-off) vs. what I have in it. This is what I came up with:

Retail $31900

Paid $24900

Sell $16900

The Sell price will drop off fast as my system includes an expensive pre/pro, which tend to lose value quickly. Anyway, what would you get? -Kirk

kthomas

Showing 1 response by drewfidelity

Your system is worth whatever someone in this free market is willing to pay for it. I love this website because it is a great example of how the free market economy works. This free market constantly corrects itself due to the fact that equilibrium, the price at which buyers actually buy and sellers actually sell, is naturally found through our transactions.

Has anyone else ever emailed someone who lists the same item that you have listed at a lower price and complain to them? I know that it is part of the free market, but it is upsetting.