Does everyone else here have unlimited funds, a money tree growing in their garden? Not me.
Of course you don’t buy the latest gadget with the primary concern being about selling it, but I’ve always thought resale values are a very good measure of how good something is. You can argue whether good and popular are the same things, let’s not go there.
I sold a pair of Harbeth P3ESR earlier this week. In fact I didn’t even sell them, I gave them in part exchange to a dealer. Even Paul admits these speakers, which sit on Daren’s desk, are GREAT speakers.
I thought I’d had them 3 or 4 years. Turns out I bought them in 2014. So in 6 years after paying £1,350 I sold them for £1,000, which an average depreciation cost of 4% per year of ownership. About $100 per annum for a great pair of speakers.
One of the disincentives to buying PS Audio in the UK is the difficulty in selling and getting much money back. After about 5 years I got 35% back on a regenerator and I sold it in Germany. It also took me a year to sell.
I’ve used quite a bit of Quad “vintage” because you can sell for what you paid. “Vintage” to me means it was good 20 years ago and still is. Very few companies are able to make such products. Perhaps the Stellar Phono Preamplifier is one of those?
The problem is that when a product is new no one has the faintest idea how long it will last, whether it is reliable, will remain serviceable and whether it will remain fashionable.
Am I arguing to buy vintage, which manufacturers hate, or do people seriously think about their long-term investment value?