Perceptions of PS Audio

Amgradmd, after 17 years of watching products on Audiogon, it occurs to me highend hifi gear is similar to highend cars with respect to resale value. Both depreciate approximately 50% in two years with a few notable exceptions. Getting a discount pushes the pricing scale down a little but not a lot. A new $5k item discounted down to $3k is stil worth more than $1500 in two years. Probably around $2k in the case of a P10 which actually puts you ahead of the usual resale value situation.

My background is automotive and can tell you even with PSA discounts you are still better off than a new car customer who buys a $50k car for $40k with $10k incentive. The resale of that car is doomed from the start. Even worse is a $150k exotic car worth $75k two years later.