#1 on digital and #3 on everything else. With an average of 40% profit at MSRP, and most dealers will discount 10-20% so that drives the used market down to below dealer cost at resale. In my years here on Audiogon, it seems that 50% of MSRP seems to be the place that everyone starts and then negotiates from there. I think a dealer will usually offer 20-25% of MSRP or show more but a portion of the higher trade allowance is reduced price from MSRP.
After all he must then turn around and try to make a profit at resale.
But then in the end, our hobby is not all about investment and monetary returns. So the years of enjoyment we gain from our equipment captures that investment to enjoy music and the depreciation is merely the fee of admission.
After all he must then turn around and try to make a profit at resale.
But then in the end, our hobby is not all about investment and monetary returns. So the years of enjoyment we gain from our equipment captures that investment to enjoy music and the depreciation is merely the fee of admission.