Anybody having trouble getting near-your-asking-price for used gear ? (Plz. no hype)


I buy and sell gear "on a whim" and have done so for 40 years. Mostly high-end tube stuff that I get an itch to move from my rig to make room for other high-end stuff that I have been dreaming of.  It's fun and gives me a fresh faces to fall in and out of love with.

Lately I am having a really hard time getting any serious offers above 1/4 to 1/3 of retail- actually zero offers over that. And winter is the time of year gear sells. Once the sun comes out things get really quiet.  Not terribly long ago I could ask 50% of retail and get serious offers pretty close to the ask.  

I am especially having trouble selling ARC gear. It's prices are steadily collapsing. On HiFi Shark that stuff sits for close to a year (or more) before it moves.  For example SP 15s are under 2K now. They were selling (not asking) at 3K a year ago. It took me almost a year to sell a new-in--box I/50 for $3000 (!)   Ref 75s are moving under $3000 and TMR will only offer 2K for one of them. The older stuff is selling in the hundreds not the thousands. Top-Of the-line stuff like Reference 10 preamps are moving under 12K (asking is around 17K) 

I recently sold a Bryston BR-20 brand new in the box and it took me 7 months to get 48% of MSRP.  This is NEW stuff- not somebody's junk. 

My guy at Magnepan told me their stuff is really moving slowly as well. He blamed it on the political environment. ARC is pretending all is well but I have a little birdie inside there that tells me their stuff is stagnant as and dealers are actually cancelling orders. 

Now, assuming you are being honest and not "fluffing the market" with bullbleep because you have something for sale and hoping for the greater fool,  are you seeing/experiencing the same thing I am experiencing? 

NO RETAILERS PLESASE- you guys tend to "exaggerate" to put it kindly- plus most of us here at AG know who you are and your 1000s of posts are a big clue. 

Signed/ Depressed about my favorite side gig. 

128x128Ag insider logo xs@2xyesiam_a_pirate
Post removed 

I find there are always low ballers who just dwell in the 'how low can I get something' world.  Even with fair counter offers they seldom agree. But with patience and fair pricing things eventually sell.  I find it best to just not respond to the low ballers.

With used gear in an environment where new gear are having to have substantial markdowns for sales people notice.  If velocity of used sales and prices have a downward trend, unless someone finds their dream piece and jumps on it, time will go by with perhaps other like equipment listed competing with your ad. People will notice that too.

So, if I see something that intrigues me enough to make an offer, I may offer a lower price, one which I feel is lower than what I would pay but I want to feel out the seller to see how much wiggle room they have.  This way, If I really want the item I can at least get it at a lower price after some haggling. 

If I place the ball in the seller's court and ask if they could do better, I might get a little discount but they will then know I am interested and the momentum may not be on my side.  

If I see a seller is a bit more determined towards a sale, I will try to get them to move a little lower.   

In my experience in buying, I usually only go after something I really want.   So, if I can get it for a bit less, great.  If they don;t move on price and its for me fair, I will still buy it.  If as seller just flat out offers something at a lower than expected level I won't even ask if they could do a bit better, I will just buy it.

As a seller, I have sold speakers I had to come down on and still wait patiently for a sale.  I believe I got the lower side of my expectations but all parties happy.

Now have listed some gear, nothing rare but good for their price points and figure I will have to wait it out and perhaps haggle a bit for a sale.

Your stuff is much more specialized.  I would do the research on pricing and ease of moving a particular piece of gear, shipping. etc., to determine a reasonable expectation on both sides.  Expecting nearly half of retail doesn't mean anything to me.  It's what it's worth at the moment.  If my expectation is too low for whatever reason, I don't list.   If there's too much of a certain gear for sale, I will watch what happens first.

Then there's the economy to consider.  I feel that alot of people have their attention on other matters at the moment and that can detract from one's sale.  I need food before I need gear.  It's Spring and people focus on moving.  Perhaps looking for a higher paying job is someone's focus.  Then there's relationships, marriage, life changes often occur in the Spring, so there's that to detract attention away form used gear. 

And there's the fact I already have all the gear I feel I need for this hobby, why buy more?

 

 

 

 the USSR was a great country too

sure, like a psychopath mass murderer is a hero. Don't let the facts get in the way of your fantasy

Can there be a single thread on this audio-enthusiast site that does not get systematically dragged into politics? No one gives a sh t about your opinions (or mine, but I choose to keep mine to myself)