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
Wondering if high-end audio is doing better with younger people in Europe and Asia than in the US.  The market for manufacturers is spread upon the earth--it has to be in a lot of places, if not here in the US.  
Schubert, I live six blocks from Audio Perfection, where I have been guided over twenty years toward the system I have today.  A good retail advisor is invaluable.   
Most of ads on Audiogon is for old and/or off-brand gear for less than $1000. Wilsons and Magicos are a tiny minority of listings and they're all from dealers. In reality no one is buying high end. I went to AXPONA this year, and I didn't see many (any?) people discussing a purchase with the dealers -- come in, listen for a minute, than leave with a pamphlet.



madavid0
In reality no one is buying high end
Perhaps in reality you are not buying high end gear. But to believe that others are bound by your practice is just absurd.

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