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High End is Dead?

Browsing used audio sites such as Audiogon and the Marts, high end gear ads are dominated by several dealers. Non-dealer ads are usually people trying to push 15+ year old off-brand junk at 60-70% of MSRP (when they were new). They don't sell anything. You could slash Wilsons, Magicos, etc, 50% off retail and no one will buy them.

No one buys if it costs more than 1k. It's not that they're not interested -- the ads get plenty of views. It's that the asking prices are just way over the ability of buyers to pay. Fact is, if you see a high end piece for sale it's probably by a dealer, often times trying to push it at 15% off retail because its a trade in, but also often they are taking a good chunk off the price 30, 40 sometimes 50% off. They can be famous brands with a million positive reviews. No buyers.

Are we just poor, and that's all there is to it? 
madavid0

Showing 1 response by drmemory62

drmemory62
37 posts
 
I was told that vinyl is dead, analogue is dead, CD's are dead, the music business is dead, but I think Mr. Townshend is still correct:

Landslide, rocks are falling
Falling down 'round our very heads
We tried but you were yawning
Look again, rock is dead, rock is dead, rock is dead

The place is really jumping to the Hiwatt amps
'Til a 20-inch cymbal fell and cut the lamps
In the blackout they dance right into the aisle
And as the doors fly open even the promoter smiles
Someone takes his pants off and the rafters knock
Rock is dead, they say
Long live rock, long live rock, long live rock

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