2. misc-audio
  3. 1322081469

Anyone else noticing inflation in used gear $?

While quite non-scientific, judging by recent prices and the speed at which quality gear is moving on audiogon there seems to be both some price inflation and a pickup in the velocity of money? The economy is pretty horrendous, however I'd wager that audiophiles tend to be the more affluent among the general population - if not always rational... I generally subscibe to the theory that we are entering a period of stagflation, with inflation in the things we "need" and deflation in the things we "want" - however what I'm seeing here leads me to believe that either I'm incorrect or we all really do need Krell amps.
matti

Showing 3 responses by inna

inna
7,132 posts
 
I don't need Krell but I do need LAMM, and there are a few at the moment to choose from. I am not sure about their prices, though they don't seem high to me, and are certainly negotiable. Yeah, some pieces are sold here within an hour or so, and other pieces never even appear.
So I can't say I noticed upward tendency, I think prices might just fluctuate a little.
inna
7,132 posts
 
If it is a best offer listing we don'r really know the final selling price unless we participate in transaction or communicate privately with other members. Personally, I pay little attention to the asking price when willing to buy, I just offer what I am prepared to pay with some room for negotiation.
Most good 10 year old gear requires nothing for at least 5-10 more years except tubes of course. Almost all my gear is more than 10 years old and I hear no difference compared to what it was 5 years ago.
inna
7,132 posts
 
Well, often you have to buy when what you want is available which is not often especially taking into consideration who sells the piece. Better pay more and deal with seemingly more trustworthy person.
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