When has a piece of equipment paid for itself??


I have encountered a phenomena that wasn't part of the decision process 20-30 years ago when considering new gear. You bought it because had heard it or read bout it etc. The one thing I never thought of was
What will this be worth at some later date? It seems thinking back on the era as absurd as if you would sell your T.V. Everyone seemed to use equipment get it repaired a few time and finall get a new on.
But this was a world without the Audiogons, auction sites, and lists. Just the "Paper."
If you sold something it would be to a friend or just a gift to someones nephew.
A friend of mine was considering buying amps I happen to own myself and find them outrageously good. They are relatively inexpensive mono blocs from China. If compared to another set of "prestige" amps that sound like these they would fetch at least 5 times thev price.
Even though they were lauded by the press with many awards and praise by the pro writers.
My friend turns to and says yes they very, very, good really great but what is their resale value going to be. I said resale whatever for and I don't think they would get you a nicee profit, mostly I was stunned. Since when did we start buying everything in terms of flip-ability.
I buy the gear because I like it and know full well that it will never win me a prestige or pride of ownership prize. In all liklihod I'll keep them for a long time.
I buy gear and keep it despite promising my wife I will sell it.
I will tell you that my old Buddy Trelja is selling some gear made by this firm. In the classifieds now. No it is not meant to be an ad. trust me. I just want to give people a chance to see what I am talking about. Moderators take this out if it offends thee.
mechans

Showing 1 response by mitch4t

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A few items that I have owned paid for themselves in full the first time I heard them.

1. Audio Research Ref 3 preamp. When I heard it in my system, I said price be damned, I don't care if I ever get my money back when and if I sell it....it sounded great and it was worth every dime to own it and enjoy it. Paid in full.

2. Sansui TU-X1 tuner. Blew me away the first time I plugged it in and heard it. I paid a fair price for it and immediately got offers to buy it for a lot more than I paid. The enjoyment of owning it far outstripped the increased prices that people were willing to pay me for it. Paid in full.

3. Toshiba XA-2 HD dvd player. Just an incredible hd picture....the upconverted picture was the best on the market. I paid $800 for it and enjoyed every minute of it. When Blu-Ray killed hd-dvd, I sold it for $200 after owning it for only 8 months because the format was dead. Still, the enjoyment of owning it for the short period of time was worth it to me. Paid in full.

4. Marantz BD 8002 Blu-Ray player. I paid $2k for it. I knew going in that I'd never recover the cost of the player. However, the picture that it throws on my giant projector and screen is breath-taking. It was paid in full after the first movie I watched on it. The Blu-Ray and upconverted picture from this unit is jaw-dropping. Paid in full.

Sure, I'd like to recover as much money as possible when I sell a piece of equipt...but, I buy it for my enjoyment..period. I can think of hundred other things to invest in if I wanted to make money...and re-selling audio equipt is certainly not among them.

In 1988 I bought a new BMW 735i. The salesman warned me not to buy a car like that with a 5-speed standard transmission. He was adamant about selling me one with an automatic transmission....he said a car like that would be impossible to get rid of when it came time to sell it. I didn't care....I just loved the way the car drove and handled with a 5-speed. So I bought it with a 5-speed standard transmission, and the salesman just shook his head in disbelief. All of my friends told me I was crazy because no one would buy it when it came time to sell. No one thought to think of the immense joy I got from driving it with a stick-shift. I was sheer pleasure. After six years, I sold it to a buddy that also liked the way it handled,...and got a fair price for it.
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