Both. Used when ever possible. but some times, new technology and outstanding products are not available used (for years).
KNOWLEDGE + PATIENCE+ OPPORTUNITY + FAST ACTION = VALUE. Have bought both new and used with this formula and sold from 1 month to 30 years later and recovered between 55% and 115% of what it cost. IE. bought new speakers for $7500, sold in 5.5 years for $7000;
amp/preamp new at $800 & sold 15 years later at $700; other speakers new at $1,000 sold 30 years later at $800.
All current system components both new and used cost 62% of their retail price. Only the preamp and speakers were bought new... used just do not exist (yet). The pre was significantly discounted because it was a discontinued model, but still, no used to be found.
If you select (target) wisely, sometimes you also just get lucky. I have found some sellers care very little about getting top dollar or “what it is really worth if you have patience in finding a buyer who really wants it”...they just want it gone... fast... no hassles. Getting a great deal on great equipment is like finding a fantastic bottle of wine at an unbelievably low cost. It’s SO enjoyable!
KNOWLEDGE + PATIENCE+ OPPORTUNITY + FAST ACTION = VALUE. Have bought both new and used with this formula and sold from 1 month to 30 years later and recovered between 55% and 115% of what it cost. IE. bought new speakers for $7500, sold in 5.5 years for $7000;
amp/preamp new at $800 & sold 15 years later at $700; other speakers new at $1,000 sold 30 years later at $800.
All current system components both new and used cost 62% of their retail price. Only the preamp and speakers were bought new... used just do not exist (yet). The pre was significantly discounted because it was a discontinued model, but still, no used to be found.
If you select (target) wisely, sometimes you also just get lucky. I have found some sellers care very little about getting top dollar or “what it is really worth if you have patience in finding a buyer who really wants it”...they just want it gone... fast... no hassles. Getting a great deal on great equipment is like finding a fantastic bottle of wine at an unbelievably low cost. It’s SO enjoyable!