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
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@clarinetmonster2  That is interesting. Not sure how you know this, but I have heard that the Magico A3 is currently back-ordered with a waiting list!

That's good to hear ClarinetMonster.  A big Revel/JBL Synthesis dealer over on AVS Forums mentioned that Revel has already sold through the entirety of the first production run of the new Performa Be speakers.  

The $10,000/pair price point seems to be very hot right now.
While it may appear that the $10k/pair price point is ‘hot’ right now, somehow I doubt that holds true for used gear! 

@daveyf 

I suppose that depends on the unit.  I'll agree that the used market is probably more price driven than the new market, a good value is a good value.  I wouldn't consider a pair of speakers that retail for $12,000 to be a good value at $10,000 used, but a pair of speakers that retail for $20,000 for $10,000 used could be (if the age and condition are appropriate).    

I'd wager that at minimum any used item should have at least a 25% discount from new retail price, and that's if it's in perfect condition with all original accessories such a buyer's remorse trade-in or dealer demo.  Make it a few years old and it shouldn't be any more than 50% of new retail.  Go to ten years old and it should drop even more. 

Of course, really hard to find specialty products could buck that, and while I window-shop in the for sale section here, the asking price is higher than I think is fair for a lot of it.  That's fine, people can ask whatever they want for something, and I'm not going to insult anyone with a lowball offer, I'll just keep my eyes open until the right deal surfaces for something that I want at a price I think is fair.  

There's a pair of Revel Salon2s on sale here for $8,000, which is an amazing price, but the ad is rife with misspellings and typos, the photos aren't as illustrative as they could be, and there's something off about the tweeters - they're at minimum missing the twin wire guards they should have, not sure if they're even the original OEM tweeters because of that.  If I lived in the area where I could go see them in person I'd certainly go do that, but that's too much risk for that much money for me from a distance.