Do you buy gear new, used, both?

I  like bargains and the fun of what I call treasure hunting. So after I have done extensive reviews and/or listenings I hunt in this order 1) used, 2) demo, and 3) then new. If it's vintage gear I look for mods by certain individuals like Bill Thalmann.

Most everything I have is used. With depreciation of audio gear the way it is, I just couldn't mentally take the financial beating if I wanted to to sell something.

Iʻve always tended to go with value.  I want the most sound for my limited audio buck.  I bought my tube preamp and DAC new.  I play all of my digital stuff off of a Linux based miniPC I recently built from new hardware.  My loudspeakers came with a new active crossover when I got them.  But my 12 channel power amp (I use 8 channels) is one I picked up used for all of $500.

The last time I bought a new turntable, Jimmy Carter was president.  I ran a Linn LP12 I picked up used in 1987 and ran that for 30 years.  My tables since have always been used.  

I ran a Revox A77 deck for 40  years that I originally bought used.  But the Nak cassette deck I had was one I bought new.

I recently bought a well-made DIY set of the SEAS Thor loudspeakers.  Got one HELL of a deal on that!  The kit, new from Madisound, is something like $2700, and thatʻs before you spend the money and effort to make the enclosures.  The seller was a cabinet maker who did a great job on them.  My cost was $1200 shipped to me.  Not bad.

Mostly new here, but I have  bought used occasionally. 

Mostly new, although some of it quite old now.

My last big purchase, a turntable was second hand, although I did buy some new bits for it.