2. misc-audio
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Why not more dealers take trade ins?

Our hobby is definitely an amazing hobby! I know some of us would like to demo or probably purchase new gear but with the economic uncertainty this days, it could be a challenge. I know many audio sites represent a great outlet to save some hard earned$$. I want to help my dealer when I can because they also have employees and payroll responsibilities. My question is, why not more dealers accept trade ins? Wouldn’t that be a win win situation for dealers and audio enthusiasts/Audiophiles? 
128x128analoguefan
snapsc
681 posts
 
Let’s look at the math. A typical item on one of the marts fetches 50-60% of retail. As a dealer trade in... given their carrying cost the dealer would incur, they would likely offer in the 20-25% range and less for many brands. 

Most of their customers would be offended... better to avoid trade in except for the rare instance where a buyer has already been identified. 
analoguefan's avatar
analoguefan OP
56 posts
 
Thank you all for sharing your opinion!
twoleftears's avatar
twoleftears
5,318 posts
 

Why should dealers take trade-ins?

How many buyers are first-time, and how many upgrading?

I bet it's 1:4 or higher.  Most of the upgraders will no longer have use for some component or other, and a good percentage of them don't want to hack the usual internet channels, and are prepared to get less for their stuff for the convenience factor.

Hence: for a significant % of buyers, taking trades is a significant incentive to do business with that dealer.

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