Q7s Resale

[Ritmo]

There is a pair of Q7s for sale in Audiogon for $99K. These are supposed to be 6 months old on a trade to a dealer. We are talking $85K value loss in 6 months!

If legit (I'm not saying it isn't), this could be one heck of a deal for someone and a heck of a loss someone else.

[TOGA]

This news could make me heart attack. But in reality It is not.

Nobody buys full retails for such product.
Consider shipping cost for such a weight and import duty and it end up not too far lower than
A price of street price for new pair.

A pair of Used Alexandria X2 series 1 were in 7x,xxx $ range. Too
As well as used MIT s top Oracle or Transparent Opus.
Such a big depreciation for these exotic gears.
Because the retails are absurd to start with.

I hope there is a lucky guy who happen to like Q7 sound and has the mean to
Take that 6 months old pair home.

Toga

[Elberoth]

Those millionaires !

If you think about it, the value loss on exotic speakers is no different than other luxury items.

[asiufy]

These were traded in for another speaker's brand. The manufacturer accepted them. So basically, he needs to recoup the COSTS of his own speaker. Much easier that way.
But I don't see how that could've been a good deal for the old proprietor...


alexandre

[Still-One]

If those speakers list for $180k (I don't know the number) then about $100k makes sense to me for a resale value on the used market. Now if you were purchasing from a dealer with some warranty, maybe a somewhat higher for a used pair.

[asiufy]

That's the thing, they used to be listed at $160k. Only after 1/1/2013 they became US$ 185k.
This same pair was being sold for US$ 120k, and it didn't sell. My guess is that people were getting similar prices out of their dealers. That's why it's US$ 99k now.


alexandre

[CLEE]

I observed that during a change of distributorship, the previous dealer sometimes clears stock at deep discount. I saw new Q7 was listed at only $106K.

[Charles]

Originally Posted by Still-One

If those speakers list for $180k (I don't know the number) then about $100k makes sense to me for a resale value on the used market. Now if you were purchasing from a dealer with some warranty, maybe a somewhat higher for a used pair.

Wouldn't the warranty still apply?

[Still-One]

Originally Posted by Charles

Wouldn't the warranty still apply?

I do not know whether Magico transfers warranty. I have never looked into that.

[TOGA]

I read interview somewhere during HOVLAND closure that normally dealer get 50% off the list price.

Cant remember more details. So 106,000 for a new pair of Q7 is still profitable.