What is going on


The prices that sellers are asking for speakers and equipment is stupid.. What is going on?.. Is there no shame? 5 year old equipment and the asking price is 250.00 less than new retail price.. This can't just be me... Why buy used?.. I don't get it..
bluebottle
I must be doing something very wrong. I've lost tens of thousands of dollars selling beautiful, almost new, kit for, generally, around 50-60 % of retail. No matter how new, or how "low hours", I usually get killed on what I re-coup. So, some peeps are actually making money selling used? Did not know that.
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Only made money on guitars I'd bought at a nice discount and sold years later...hifi gear generally was bought used in the first place. I keep what I like for a long time. Hence, a lack of whining.

At first glance, thought this was a thread about Marvin Gaye,
but that would be "What's Going On".
If it's worth too much to you; you get to keep it.
Agree, great line!!...+1 for Rodman99999...?...does that make him Rodman100000?

As far as the original question, just see it as a typical marketplace. Buyer always wants the bottom dollar, and seller always wants the top dollar, however price is generally determined by supply and demand, and this is always changing. From a seller's point of view, if the product is highly desirable, rarely comes up for sale, and sells quickly when it is available, why not start at a higher price? You can always accept a lower price. If I put something up for sale, then it sold in 5 minutes at asking price, and also received many other emails wanting to buy, I'm thinking, I left money sitting on the table. Then if you want to sell something, and there are others already available, starting high is useless, and Rodman's comment applies. For the buyers that are always whining about prices, the old saying comes to mind, "If you can't run with the big dogs, stay on the porch, and don't bark when they come by."