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Trade in value to a dealer

I have some items I would like to liquidate and reinvest the proceeds into upgraded equipment.  I have no feedback on Audiogon and wouldn't enjoy selling if I did.  I am interested in experiences you have had with trade in value to a dealer.  Let's say I have an amplifier which I would normally sell for $3,000 and a set speakers which would sell for $1,500 if I were to sell them to an individual.  What expectation might one have if trading these items in on more expensive pieces? 

I have no experience in this area, but in comparing it to the automotive market, I would be getting a wholesale trade in value.  Do most audio dealers operate on the same basis, wherein they feel they must make a profit on the inventory they receive via trade in, or might they allow a fair market value if they are making a profit on the item I am buying from them?  I am sure it varies from dealer to dealer, but am interested in other's experiences.  Should I expect to take a big hit?  Or maybe just a slight cuff?  Thanks.
abnerjack
bigkidz
3,374 posts
 
Dealers don't want the hassle especially if they do not represent the product line.  They don't know the actual condition and they don't know if they can warranty the unit say for 30 to 90 days, etc.  Figure 20% of the retail price.  In general and in the past I have had very good deals on Audiogon but a few clunkers also, more good than bad experiences.  I learned that your ad must state everything very clearly and leave nothing for interpretation.  Once you have established that, you should be good to go.  What's wrong with a few tire kickers, you can ignore them or send them a funny response back.  Just explain in your advertisement that they will be ignored.

Happy Selling!

    
Ag insider logo xs@2x
cleeds
5,928 posts
 
bigkidz
Dealers don't want the hassle especially if they do not represent the product line.
Many dealers happily accept trades. Those are the ones most likely to get my business.
detroital
11 posts
 
Audiogon is good, but of course they charge for their service. I just sold a Parasound amp after 4 weeks.  Lots of people looked at my ad.  Remember, it has to be priced reasonable, and don't try to make a little extra on the shipping cost.  Also, I just sold an Earthquake amp two days ago on US Audio Mart.  They also have a lot of lookers, and the listing is free, because they have ads on the website.  Reasearch what you are trying to sell, and use Paypal to buy and sell.  If you have your PP account linked to your credit card, you are protected by the same rules of the credit card company, in case of non delivery, or a DOA piece of equipment.  Good luck.
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