2. misc-audio
  3. 179278-170020

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
czarivey
5,752 posts
 

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

mapman's avatar
mapman
21,907 posts
 

The same thing as with the used car market I suspect.    

dekay's avatar
dekay
5,388 posts
 

"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

oddiofyl's avatar
oddiofyl
3,484 posts
 

I've never done better selling and trading than in the last year.  I actually made money on a few things that I bought right and used for a short time .  

hilde45's avatar
hilde45
4,859 posts
 

"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.

I cannot fathom what you think "greed" is, then.

Take an uncontroversial definition (via Wikipedia):

"Greed (or avarice) is an uncontrolled longing for increase in the acquisition or use of material gain (be it food, money, land, or animate/inanimate possessions); or social value, such as status, or power." https://en.wikipedia.org/wiki/Greed

The notion that someone setting a price for used gear that is higher than what many others want to pay is an instance of "greed" suggests to me that we inhabit very different realities. 

 

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