New or Old CD Player?


Let's say I have $5K, tops, to buy a CD player. I don't need digital inputs, outputs, etc. I don't need to spin SACD's. I only intend to play Redbook CD's and want a one-box solution. Would my money be better spent on a new unit, like maybe a Hegel Mohican? Or should I buy a component that was close to state of the art a decade ago? Like maybe a Simaudio 750D, or an Audio Research Reference CD8? Thoughts?
imgoodwithtools
Of all the things in audio that are improving at a fast rate now, it's probably the DACs.  Your older CD players will have an older DAC chipset in them, so in my opinion, I'd go for "new" in finding a new CD player.
It sounds as if the CD player you bought was the one you had wanted to get all along??? judging from your original question. Good luck! ARC is a great HiFi company.
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2psyop, I was open to suggestion, and still am. The CD8 made sense for the reasons I detailed earlier. But I still have not heard the unit, and that's what matters. If, for some reason, I don't like the CD8, I will sell it and again be in the market for a CD player. Besides, I think its been an interesting discussion thus far.