New or Old CD Player?


Let's say I have $5K, tops, to buy a CD player. I don't need digital inputs, outputs, etc. I don't need to spin SACD's. I only intend to play Redbook CD's and want a one-box solution. Would my money be better spent on a new unit, like maybe a Hegel Mohican? Or should I buy a component that was close to state of the art a decade ago? Like maybe a Simaudio 750D, or an Audio Research Reference CD8? Thoughts?
imgoodwithtools
It sounds as if the CD player you bought was the one you had wanted to get all along??? judging from your original question. Good luck! ARC is a great HiFi company.
I auditioned a Marantz SA-10 SACD player this past week.
I am mainly interested in it for the fact it has Toslink and RCA digital inputs.
The Marantz SA-10 does the decoding in DSD, even for CD data.
I am not a big or even mild SACD user.
The main joy if the device is playing back CDs on another machine, and using the Marantz as a DAC.
Redbook never sounded so good.
I AM buying one. Just to play CDs through it from other machines!

I am just mentioning this to say do not overlook SACD machines in the quest for a great Redbook CD player.

2psyop, I was open to suggestion, and still am. The CD8 made sense for the reasons I detailed earlier. But I still have not heard the unit, and that's what matters. If, for some reason, I don't like the CD8, I will sell it and again be in the market for a CD player. Besides, I think its been an interesting discussion thus far.
FWIW, 
I have a Marantz SA-11 Mk 2, modied with a vacuum tube output by Underwood HI-Fi. About 8 years old - about $4-5k then. Nothing I’ve heard in my system bests it so far. Also have a Cambridge cd deck feeding a Mytek Brooklyn dac. Sound is different, but most people prefer the Marantz. Tried to sell it once for 2500, but wound up keeping it. 
Hope Audio Research works for you.