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

@dekay 

Some of the sales listings I see are either greed or sellers who are not clear on the concept of value.

They are willing to take the risk of an item not selling because they have a price in mind that they want. Who am I to judge that as "greed"?

It's their price -- it's their calculation.

If they get their price, we've established what the market will bear.

If they don't get their price, they suffer the opportunity cost of spending more of their time trying to sell it.

I cannot fathom how greed comes into it at all.

Check supply-demand ratio. This is really variable and always changing. One day one rate the other day another depending on demand getit?

"I cannot fathom how greed comes into it at all."

But then, I can easily fathom such and wonder what these sellers are basing their asking price on.

 

DeKay