are we are own worst enemies?


Why do audiophiles sell their used equipment for 50% or more, off of the retail price. I feel that if a piece of used equipment is in mint condition, 65% of retail would be a fair asking price. Since most of the sellers on audiogon sell their equipment for 50% of retail, I am forced to do the same, if I want to make a sale. I find this practice strange, especially when dealers will only discount 10% of retail on new equipment. Anyone care to comment?
jazz_nut

Showing 1 response by nightdoggy

You are right. Also, most of the potential buyers I've dealt with over time have wanted mint condition, but were unwilling to pay a premium for it. I buy most of my equipment new (yes, usually at 10% off give or take), because I don't want wear and tear, etc. My gear is usually pristine by the time I sell it, which is not long after I've purchased it (I do have my "keepers" though), because I like change. I set my prices with condition in mind. Many people do not understand that something in true mint condition is worth much more than one in good or even excellent condition.