Resale 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.

More power to you if you buy without caring about resale.

i have too much invested into this habit that I need to have an "out" just in case.

Very interestimg comments all around. I would love to buy really boutique stuff, but I notice that it tends to stay up for sale for long periods or is reposted for sale at later dates. Guess there's so much great sounding equipment from well-known makers (which tends to sell relatively quickly), that it makes little sense to me to buy less marketable items. The idea of having a fast "out" should the equipment not work for me is very appealing.

If you purchase a great sounding unit others will know its a great sounding unit from multiple different reviews by various audiophiles. 
Safe to say that if you sell it people will buy it.