High End is Dead?


Browsing used audio sites such as Audiogon and the Marts, high end gear ads are dominated by several dealers. Non-dealer ads are usually people trying to push 15+ year old off-brand junk at 60-70% of MSRP (when they were new). They don't sell anything. You could slash Wilsons, Magicos, etc, 50% off retail and no one will buy them.

No one buys if it costs more than 1k. It's not that they're not interested -- the ads get plenty of views. It's that the asking prices are just way over the ability of buyers to pay. Fact is, if you see a high end piece for sale it's probably by a dealer, often times trying to push it at 15% off retail because its a trade in, but also often they are taking a good chunk off the price 30, 40 sometimes 50% off. They can be famous brands with a million positive reviews. No buyers.

Are we just poor, and that's all there is to it? 
madavid0

Showing 1 response by efort

I am in my mid 40's I have been into this since I was a kid and saw my neighbors dad's system. About ten years ago I was able to put together my dream system. And continue to upgrade as I can. When friends come over they don't get it. "That's worth how much?" They agree it sounds great, but they tell me how good their Snonos sounds. I do agree it seems like a dying hobby.  My teen age kids love their I pods Companies are pricing their gear out of reach. When I go to the shows I see and hear the new products but it seems tough to justify the $$$ to upgrade. Is there hope for the future generations to embrace this hobby and can they afford it?