Used gear prices and the state of the hobby.
I am always on the look-out for quality used gear, especially CD/SACD players.
It seems that lately (especially), I am seeing a lot of used gear come up at (what I consider to be) ridiculous prices. I've gone through enough CD players that I sort of know what they can be had for.
I am fully aware that the market will drive pricing, but some of these prices are insane.
Asking 75% of MSRP for a player that's more than 10 years old isn't going to happen, at least in my world.
I see the same ads come up, over and over, which tells me that these things aren't selling. In some cases, the asking prices are absolutely ridiculous.
Maybe the dealers/whomever are underwater on their product, but in case anyone hasn't noticed, the economy is starting to dive.
I'm not ranting, just stating that perhaps your stuff isn't selling because you're overpriced (in some cases by several hundreds to thousands of dollars!).
Other no-no's as far as I'm concerned:
No remote. Buy one THEN put the unit up for sale. In most cases, I will not consider a piece of equipment without an original (and in good condition) remote control.
"Rare". Sure it is. If it's so rare, well, that makes me wonder WHY it's so rare, now doesn't it?
"Giant Killer". Un-huh. Sure.
"Mostly Working". Well, get it repaired, and make it "totally working". THEN offer it for sale.
I view used gear like cars. When you drive it off the lot, well, you just lost 10% of the value. And it's all downhill from there.
I just wonder if anyone else had noticed this, or if I am just turning into an old man yelling at clouds?
If it's not a buyer's market at the moment, it will be shortly.
Despite much pseudo-economics and handwaving and yelling at clouds on this thread, yes, that is a gem. |
Without knowing more, I'd humbly suggest that perhaps 6moons did not have sufficient information, and perhaps some of the bidders had superior information. Or not - the other way around? There is a great deal of economic theory devoted to the study of asymmetric information. |
I am in disagreement with you - this has been a feature of civilization and human interaction since time dot and without this there would be just dust like the dark side of the moon. |
Yes, that is actually very much caught by asymmetric information. The Lemons thing was in part based on the market for used cars.
I actually don’t know the import of that multi-faceted statement ending with a preposition, but I could speculate that "it" means information. I’ll leave that one to be caught by the wicket keeper. |
