daveyf:
In my guestimation when you buy a piece of high end equipment (and see what I say later about what is high end to me) it immediately depreciates by about 33%. After used it a year or 2 maybe then by 50% and at 5 years 75%. When I sell that is usually what go by and my stuff generally sells quickly - but not immediately and usually after some negotiation. That makes me think the above numbers are somewhat true. This data is also generally supported by I've seen for equipment that has actually sold on eBay (we unfortunately cannot track sold prices here). There are a few factors here - most equipment after 2-5 years may not be quite obsolete but has been replaced with equipment as good that is now sold new at lower prices. I am speaking about the equipment in the $1K to $6K range as I unfortunately have absolutely no experience in the 5 and 6 figure stuff (I briefly owned a pair of Pioneer S1EX speakers purchased at 50% off but had to sell because they were physically too large for my listening room (long story), so I was close). I bought an Aurelic Vega DAC new 6 months ago that I think I'll be lucky to get half of it's price - DACs keep getting better and less expensive in short amounts of time. I would hope things like amps, preamps and turntables would hold their value better than that. Now if we all followed the same thinking we would sell better and then buy more and therefore keep evolving our systems to be 'better'. And I agree that the people that can afford to spend on the five and six figure $ equipment have no need to buy used and they aren't really the focus of this discussion (sorry to you really really rich people - BTW I'm envious as I would really like to have some six figure speakers - lol). In joking I realize that a six figure speaker would have to depreciate by 90+% for me to afford)
In my guestimation when you buy a piece of high end equipment (and see what I say later about what is high end to me) it immediately depreciates by about 33%. After used it a year or 2 maybe then by 50% and at 5 years 75%. When I sell that is usually what go by and my stuff generally sells quickly - but not immediately and usually after some negotiation. That makes me think the above numbers are somewhat true. This data is also generally supported by I've seen for equipment that has actually sold on eBay (we unfortunately cannot track sold prices here). There are a few factors here - most equipment after 2-5 years may not be quite obsolete but has been replaced with equipment as good that is now sold new at lower prices. I am speaking about the equipment in the $1K to $6K range as I unfortunately have absolutely no experience in the 5 and 6 figure stuff (I briefly owned a pair of Pioneer S1EX speakers purchased at 50% off but had to sell because they were physically too large for my listening room (long story), so I was close). I bought an Aurelic Vega DAC new 6 months ago that I think I'll be lucky to get half of it's price - DACs keep getting better and less expensive in short amounts of time. I would hope things like amps, preamps and turntables would hold their value better than that. Now if we all followed the same thinking we would sell better and then buy more and therefore keep evolving our systems to be 'better'. And I agree that the people that can afford to spend on the five and six figure $ equipment have no need to buy used and they aren't really the focus of this discussion (sorry to you really really rich people - BTW I'm envious as I would really like to have some six figure speakers - lol). In joking I realize that a six figure speaker would have to depreciate by 90+% for me to afford)