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What's going on with the used audio gear market?

OK, maybe I am unrealistic but I've bought and sold audio gear for the past 25 years off and on for my personal use  as I change out or upgrade.  It seems that a reasonable expectation is around 50% of MSRP or somewhere close. That has been what I've always sold for and bought for. Now I see stuff priced at 80-90% of MSRP. I am talking about things that are not really statement products and can be a few years old and they want 80%.  I just don't get it, this stuff for the most part depreciates rather quickly due to the advancement of technology. Is this a hold over from the Covid Inflation effect on supply and demand? I guess that supply and demand will eventually sort it out. 

128x128fthompson251
jl35
3,943 posts
 

I'm seeing very high and very low...some of the high prices I attribute to new products not being available...looking at the Schiit website, some stuff ships in 1-3 days, some in 3-5 weeks...the Magnepan LRS+ will ship in about 6 months...and remember, despite all the dealers, many of us are amateur sellers...

tablejockey
3,799 posts
 

Sellers ridiculous asking prices are just a reminder you as the buyer, must learn the skill of negotiation, if it's something you REALLY want.

Some deals can be met with an agreed price, the others you just let them know to circle back if they can't get their asking price.

curiousjim's avatar
curiousjim
4,236 posts
 

+1 tablejockey 

I’ve left three items  on the table in the last couple of months because the sellers were asking almost new prices for 2-3 year old DAC’s or Streamers and were unwilling to come down even a few percent.

Oh well, their loss.

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