Why so many Hegel's for sale?


I'm seeing a ton of Hegel units on the used market, especially the big daddy H590.  It seem to be a race to the bottom in terms of sellers trying to unload these things.  Nothing but good reviews online, but something must be up.  I have never owned one, but have always been intrigued.  The resale value though is always a concern for me as I swap out equipment every 6 months or so.
Any thoughts on these positive or negative?
mjmcubfn

Showing 2 responses by millercarbon

Economics is a mind bendingly difficult subject to peer into. It’s defeated all but the very best of analytical minds such as Smith, Malthus, Marshall and Keynes.

Do NOT lump Adam Smith in with those losers, posers, and frauds. Smith joins von Mises with the Austrians and hard money economists who actually have a clue.
Every single time I narrow my search down to the very best in category the next thing I do is go looking to find it used. Inevitably, and I mean every single time, there are none. I watched for over six months, not a single Herron VTPH2A, not one Tekton Moab used. Not one Raven Avian series amp either. 

This makes total sense in light of free markets. When people buy really good stuff they are so happy it stays. This keeps the good stuff off the market. People find out they bought crap, can't sell it fast enough lest it get old and be worth even less. 

Thus the saying bad money drives out good. Nobody spends their gold and silver coins. They hang onto them. When you see a lot of something in the used market that alone is telling you how good it really is.