Thank God for Audiogon! But seriously, I have often wondered who buys the megabuck speakers, i.e. $50K+, brand new in this economy. I'm just glad they do so when the upgrade bug hits, I can buy their second-hand 9/10 cast-offs at half the original cost. Works for me!
Price Increases
As of late (within last 12 months), I've noticed substantial
price increases by some well known names (Speaker) in the industry on their entire product lines. With no updates to design I cannot understand why the price hikes. I'm not saying the increases are not necessary from a business standpoint or whatever reason, but it discourages me cause it puts many of these products out reach for so many hobbyist including myself. It does make the used market so attractive. Just venting.
price increases by some well known names (Speaker) in the industry on their entire product lines. With no updates to design I cannot understand why the price hikes. I'm not saying the increases are not necessary from a business standpoint or whatever reason, but it discourages me cause it puts many of these products out reach for so many hobbyist including myself. It does make the used market so attractive. Just venting.
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- 43 posts total
That is the direction the market has been headed for about 6-8 years now. I've noticed that just about every manufacturer has come out with a new top of the line product in the last 6-8 years that is double the price of what their old top of the line was listing for. High end audio simply mirrors the economy, where the middle class is getting squeezed, and the money is flowing upward. Most other hobbies are experiencing the same dilemma. As for prices rising on the same item, that is just the start of the devaluation of the US dollar that the Fed started early in 2012. We can lower unemployment when you devalue the dollar, the flip side is that retail prices will increase just to stay the same in value. |
- 43 posts total