Luxman L505uXii or Hegel H390

Depends on your speakers and your taste.  Both are excellent products but can't suggest one without knowing more.  

Tough choice--agree that it probably depends on taste and synergy.  It's kind of hard for me to imagine the lowest tier Luxman beating the penultimate Hegel.  I had the H390 and currently have the Luxman L-509X.  While I think the Luxman is the better and more natural sounding integrated, the Hegel comes pretty close on technical merits, and it just may be a matter of preference.  I heard the L-550AXii, and while certainly musical and enjoyable, I felt it lacked the depth, detail, and precision of Luxman upper end amps to a noticeable degree.

I would take a Luxman over a Hegel any day. I heard a Hegel integrated for the first time (not sure what model), a very painful listening experience. Over the years, Luxman's have continued to impress me! As a previous poster stated, "Hegel is more on the digital side" It is so digital that I actually heard 1's and 0's coming out of it.  

Doubtful it was the H390, which is anything but painful and "digital" sounding.  It's smoother and a bit darker than the 509X.  However, I have read that prior Hegel models, and I think those below H390 or H190, do have a more sterile and "neutral" presentation.

Luxman!! You may think resale value means nothing now, however, it will if you decide to move on. My research, due to purchasing an integrated amp, shows pre's or integrated with built-in dacs has much lower resale value (after the model has been replaced) than "non" dac units. Built-In .Phono pres do not hurt the resale value.

Another thing. Luxmans BUILT in Japan. Hegels built in China.