Resale value

tonykay

Maybe you just bought the wrong equipment, or paid too much for the equipment you bought. You probably should have considered the resale potential before purchasing.

Sorry, but you don't know what you're talking about. Almost all of my equipment has had outstanding resale value. That's in spite of the fact that I don't consider resale value when I purchase equipment.

If you don't see the similarity between the buying and selling of securities (stock exchange), and the buying and selling of audio equipment (Audiogon), then we have nothing more to talk about

You're obviously confused. On a major exchange such as the NYSE, there is buyer each day for every seller of every single share of stock. Without exception. That's because it is someone's role on the exchange - for each stock - to ensure liquidity. They are called "market makers." On Audiogon, a piece of equipment can go months without a buyer. That's because it is not Audiogon's role to ensure liquidity.

Audio equipment (for me) is still an investment, maybe not in the "traditional sense," but an investment nonetheless.

No problem - go ahead and fill up your 401K and IRAs with audio gear. That's not my strategy for investments.

I never buy with "resale value" being the top priority - but I do keep in mind that I may upgrade one day and I'd like to have some value left in te equipment I buy. When buying a processor for example, I'm aware that with technological upgrades the resale value will plummet. 
But as far amps and speakers for example - of course I got for the sound first but I like knowing that whatever brand I choose will hold it's value.
Thank you McIntosh.

Nope. I try to buy at market value (or below) and if I sell, I hope to sell at market value. 

cleeds,

If you backpedal some, you’ll find that I never claimed that Audiogon ensures liquidity, only facilitates it. You may need to look up the definition of liquidity. This is my last post on this thread. The points I've made have been pretty clear. I have no interest in letting this back-and-forth go on forever. I actually DO have a life!

I can't believe tonykay and cleeds are arguing about the stock market and liquidity come on guys relax it's  stereo equipment! On the subject of resale value while I don't strictly consider it I do feel like I have a pretty good sense of what is and is not a good deal on here. Another way of saying I spend way too much time browsing the listings! The upshot being I've never seriously taken a bath on anything and I've never not been able to resell something after a purchase. I think after a while it just becomes instinctual. And I have mostly bought and sold gear from smaller companies with no issues.