SIM Audio DEPRECIATION - Slide to hole?


I have heard so many great comments regarding SIM Audio W-5 Amps. Yet I have lately seen a relative flood of them on the used market all with less than a year of use on them and at incredible depreciated selling prices (faster than many other high end products). Further more, I have seen several sold by internet dealers just like $200 DVD players. What is going on here? Is this yet another of companies in disparate financial struggles or poor dealer distribution or poor marketing or all of the above.
nanderson
I monitor audiogon.com, audioreview.com, moonaudio.com, audioshopper.com. audioweb.com, ebay.com. I have seen them at $2350-$3000 probably avg $2900. I have seen more of them relative to the small distribution network than most other high end amps. Even at your findings of $3000 for the amp that is a substantial loss of 36% in less than a year. I would call that dropping through the floor. I have seen losses of nearly 50% in a few months. That is what I am refering to. My experience I suspect comes from taking a bigger sample.
SIM is made in Canada and I think retail up there is lower than U.S. Not sure how much, but might effect resale.
Whatever the case. After just listening to Sim Audio they are extreme value at new or used prices. Great with a capital A+++.
I think both of you are correct. As Sim Audio is a Canadian product it can be purchased in Canada for a lot less than US retail. The exchange rate alone almost accounts for the prices on the used market. I've owned a W-5 and P-3 since March and they just keep getting better. I have completely lost the urge to constantly look to upgrade these parts of my system. Beautifully made and just a joy to listen to.