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.

 

 

 

 

128x128coralkong

It's a feedback loop because most sellers have no idea what to ask, so they look to see what others are asking, ...

No remote, a darn shame, not always a deal breaker.

I would put a link in my ad to OEM remote(s) for sale by others to increase probable sale.

Some units, like my beloved Chase RLC-1 remote line controller MUST have a remote, zero controls on the unit; and sellers do not mention that, potential buyers may not know.

 

On the flip side, it drives me crazy when I'm selling something that is high quality, less than a year old, like new condition and buyers think 50% is a fair offer because it's "used".  😒

bigtwin

... it drives me crazy when I'm selling something that is high quality, less than a year old, like new condition and buyers think 50% is a fair offer because it's "used" ...

It's not only used, it has no warranty. I never offer more than 50 percent of list for anything used.

@cleeds No warranty?  That would not be the case in something less than a year old?  In 40 years of buying new equipment,  I have never filed a warranty claim.  I get your point but would say warranty is way over rated.