Why not more dealers take trade ins?


Our hobby is definitely an amazing hobby! I know some of us would like to demo or probably purchase new gear but with the economic uncertainty this days, it could be a challenge. I know many audio sites represent a great outlet to save some hard earned$$. I want to help my dealer when I can because they also have employees and payroll responsibilities. My question is, why not more dealers accept trade ins? Wouldn’t that be a win win situation for dealers and audio enthusiasts/Audiophiles? 
128x128analoguefan

Showing 1 response by stereo5

The question is, why do you think they should take trade ins?
when I sold Audio, some of the trades we took in sat for a few years. When a dealer takes in a trade, it takes away from their profit on the new item and they don’t recoup their money until the trade is sold as well. It seems like a lot of Work and time to make your profit.  I ever refused a trade, but I would give a very low price for it if I knew the piece was a dog.