Jwpstayman.
I found the Forum post I was referring to earlier. Here is an excerpt from my 2012 post that refers to SR's uptrade program requiring you to purchase SR products double the value of the SR product you want to trade back for 70% credit.
"So, for instance, if you want to purchase the latest version of the PowerCell [value $5000 in 2012], you have to purchase $10,000 in SR products to take advantage of the SR trade-up program. Well, that's a lot of money for many of us. And what if the PowerCell is the only product you wish to purchase? You are left with having to sell your PowerCell off on the glutted aftermarket where the price of PowerCells has dropped drastically.
You are lucky to get much more than $2000 for a used PowerCell these days on Audiogon. But you are better off in the end because if you do get $2500 for your PowerCell you have to come up with $2500 for the new PowerCell instead of $6500 with SR. In the end, unless you are really hot on a new SR product besides the PowerCell, you are much better off not going the trade-up route. It is no gift to customers of modest means."
The SR uptrade program is a trap for the unsuspecting, IMO. Just do the math.
I found the Forum post I was referring to earlier. Here is an excerpt from my 2012 post that refers to SR's uptrade program requiring you to purchase SR products double the value of the SR product you want to trade back for 70% credit.
"So, for instance, if you want to purchase the latest version of the PowerCell [value $5000 in 2012], you have to purchase $10,000 in SR products to take advantage of the SR trade-up program. Well, that's a lot of money for many of us. And what if the PowerCell is the only product you wish to purchase? You are left with having to sell your PowerCell off on the glutted aftermarket where the price of PowerCells has dropped drastically.
You are lucky to get much more than $2000 for a used PowerCell these days on Audiogon. But you are better off in the end because if you do get $2500 for your PowerCell you have to come up with $2500 for the new PowerCell instead of $6500 with SR. In the end, unless you are really hot on a new SR product besides the PowerCell, you are much better off not going the trade-up route. It is no gift to customers of modest means."
The SR uptrade program is a trap for the unsuspecting, IMO. Just do the math.