2. misc-audio
  3. 135413-99023

Audio valuations

Is anyone else interested in determining a fair value for used high end equipment? I understand we all try to sell and buy our equipment at the best price, but where to start? I recently listed
a item for sale and set a price that I thought was competitive based on very limited past sale information. I did receive an offer that was $500 less than asking price. Was I too high or was the offer too low. It would be helpful if we could see what others sold their equipment for and the condition of the equipment. I want to sell my equipment, but I don't want to give it away.
Any thoughts on this matter?
elf1
viridian's avatar
viridian
4,184 posts
 
The market for many items here is very thin. In a thin market you have two choices, just wait for the right buyer to come around or reduce prices until sold.

In a very thin market, past sales are less a predictor of what you will currently get than they are in a dense market, IMHO.
jperry
1,408 posts
 
There are not many sales but I would guess that should sell for 1200 - 1500

Audiogon has much more traffic and items sell faster than other sites IME
jb0194
476 posts
 
It seems to have been a buyers market here for some time now. I’ve sold a number of things in past year or so and received a reality check. As with all commerce, something being sold is worth only what another will pay.
elf1 OP
12 posts
 
I listed preamp for $1300 as it is a B  model. The offer was $500 less than asking price. I am willing to reduce the price if it is a reasonable offer.
 Thanks for all the advice.
viridian's avatar
viridian
4,184 posts
 
One man’s “reasonable” is another man’s “lowball”.
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