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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
msnloeth
57 posts
 
Where are you seeing the relative flood of these amps at incredible depreciated selling prices? I only check this site with any regularity and have not noticed an abundance of W-5's or any extremely low selling prices. The two that are on Audiogon today are about $3000 as usual.
nanderson OP
291 posts
 
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.
nanderson OP
291 posts
 
PS: Correction on above, I meant to give a range of $2350 to $3300.
blkadr
739 posts
 
SIM is made in Canada and I think retail up there is lower than U.S. Not sure how much, but might effect resale.
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