While all of the responses have a real foundation, I believe a key reality is missing from them. Just as the used car market and dollar store sales/stock goes up in tough times/recession, with a corresponding drop in New car sales and designer store sales, such as bed bath and beyond....the same is true across markets. We are in relatively good times compared to the recession. During the recession, used products took on greater value as people held onto whatever money they had, avoiding new hi cost purchases. Now that times are better in comparison, used sales are less robust, as people are more inclined to buy what they want new, with a strong dab of price shopping and caution. Ofcourse, the caveat here, is that audio is not a necessity, especially where family concerns come into play. The best time to sell your older gear and buy new replacement, may well be on the cusp of, or tail end of recession, for these reasons.
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- 178 posts total
- 178 posts total