Dealers aren't called dealers for nothing. Also, the only dealer near me charges 40% commission for consignments. You'd be better of to sell whatever you have on ebay or some local craigslist or such. From what I've learned, stereo gear is much easier to buy than to sell, so make sure that when you buy, you buy at a good price.
Trade in value to a dealer
I have some items I would like to liquidate and reinvest the proceeds into upgraded equipment. I have no feedback on Audiogon and wouldn't enjoy selling if I did. I am interested in experiences you have had with trade in value to a dealer. Let's say I have an amplifier which I would normally sell for $3,000 and a set speakers which would sell for $1,500 if I were to sell them to an individual. What expectation might one have if trading these items in on more expensive pieces?
I have no experience in this area, but in comparing it to the automotive market, I would be getting a wholesale trade in value. Do most audio dealers operate on the same basis, wherein they feel they must make a profit on the inventory they receive via trade in, or might they allow a fair market value if they are making a profit on the item I am buying from them? I am sure it varies from dealer to dealer, but am interested in other's experiences. Should I expect to take a big hit? Or maybe just a slight cuff? Thanks.
I have no experience in this area, but in comparing it to the automotive market, I would be getting a wholesale trade in value. Do most audio dealers operate on the same basis, wherein they feel they must make a profit on the inventory they receive via trade in, or might they allow a fair market value if they are making a profit on the item I am buying from them? I am sure it varies from dealer to dealer, but am interested in other's experiences. Should I expect to take a big hit? Or maybe just a slight cuff? Thanks.