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Selling?

I just had an unsolicited offer to buy my CJ 350. He wanted to drive down from the East Coast and pay cash. No price was mentioned. The next day he ask and I told him $6500. I thought this was quite low but I am getting old and have moved into an apt. He was shocked and said that he had seen many for $4000 and one for $3800. Now I have been in audio since 1960 and have a good idea what things are worth. I did not believe this for a minute. Looking on the net I found only one and it was $8724. So if you don't know yourself check with the bluebook before you sell. I told him to buy one of the cheap ones he talked about. So beware of lowballs.

128x128stanwal
grannyring's avatar
grannyring
6,519 posts
 
Hello Stanwal. Wonderful amp you have! The amp is now over 10 years old and has an original retail price of $9500. They have sold for as little as $3800 and as much as $5200 - $6000 several years ago. As I see it an asking price of $4500-$4800 is reasonable and fair. $4500 is certainly not a low ball offer in late 2016 to be honest. 

$6500 is too high based on my experience, but you can certainly try and sell it for that. 

I have always desired to own one and would pay no more than $4500.....tops. 
michaela
314 posts
 
I completely agree with Grannyring. I have thought about getting one over the years to try and missed a mint one about a year back because I didn't think it was worth what the seller was asking, which was about $5,500.00 I agree, due to age, my top price would be $4,500.00 also. It isn't worth $8,724.00, just too many other options at that price.
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tonykay
1,304 posts
 
An item is only worth what someone will pay for it. Remember, this was an unsolicited offer! The seller has a right to ask whatever he wants for the CJ 350. If the buyer doesn’t see the value, for whatever reason, no one is going to force him to buy it. Arguing about the current market price doesn’t apply here.
jmcgrogan2's avatar
jmcgrogan2
6,346 posts
 
HiFiShark is a great website to determine prices. It will show you current listings on all audio marketplace websites, as well as sold listings and what they sold for. 
I find Bluebooks to be inaccurate of the current market. 
michaela
314 posts
 
@tonykay - I think that is the point of my post and that of Grannyring, trying to give the OP an idea of what someone will pay for it. So he had 3 people say what they were willing to pay, which is only to give the OP an idea of what the market will bear for his amp. He of course doesn't have to accept that amount, the final selling price is always a matter of what a buyer or a seller see as the worth of an item.
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