Buying used vs new?

I guess I have been very lucky when it comes to used equipment. Touch wood! I would say almost 60% of my gear was bought used. The only time I bought something that broke after a few month was the Naim Unitiqute integrated amp. But generally, I never buy anything older than 5 years.

I bought my amp new but NAD pre-amp, Oppo, Maggies, turntable and cables all "pre-owned" as the phrase goes. One advantage not mentioned of buying used is if you got a component you thought you'd like but it turned out you didn't, you can bail out much cheaper.

Old or new Quality gear sounds better AND is more likely serviceable and worth repairing in the unlikely event something pops up.  Tubes can be replaced and are part of the fun.  Well designed solid state can last for years and again if it's well designed it is usually serviceable.  if you buy a New amp or worse speakers and pay 10k and discover you're not happy after 6 months you are probably out 3k to 5k.  Big, heavy items are harder and more expensive to ship meaning your reselling market area is likely reduced AND keep in mind we are a dying breed.  Very few people invest in anything more than earbuds these days.  Being part of a dying breed has it's advantages when shopping for used gear.  It's not likely that the seller is getting multiple offers so if he wants to sell,  your reasonable offer will be compelling.  If you follow how long many great pieces stay on Agon you know what i mean.    

jgoldrick  I noticed you did not mention sound, and reliability.  I use reviews to cull the herd, and my ears for decision making.

There's an old joke: Why did God create Gentiles? Answer; Because someone has to pay retail! Well, I don't like paying retail so used it is. Once in a while, I've gotten lucky by owning the gear for several years and then selling it for what I paid. Who can argue with that? Joe