LP Freak
Well-known member
The days of over priced gear really seems to be coming to an end. I watch as they just sit and rot in the classified
MadAsAHatter
Well-known member
I've noticed the same on Reverb. Though there's still a decent number of people holding on to the inflated prices. I'm thinking another 6 months for the holdouts then we might see a better majority of rational prices.
bhuard75
Techdeath’s Resident Asshole Student
When the layoff phase of this recession hits and people start losing their shit prices will adjust in all the markets. At least thats what Im thinking.
mooncobra
Well-known member
Some of the prices are still completely preposterous. I don’t know what some of these guys are thinking.
I’ve spoken to some guys and they sell it for what they personally feel it is worth, so I said, “ok guy, good luck with that.”
I’ve spoken to some guys and they sell it for what they personally feel it is worth, so I said, “ok guy, good luck with that.”
Bad Brain
Well-known member
Is it just me or is it kind of satisfying to see people sitting on inflated ask prices, slowly inching down. Schadenfreude is it?
rsm
Well-known member
Meh, I'm lucky I don't have to sell anything; if it sells at my price or reasonable offer then great; if not then great. I'm in no hurry or in a hurry to lose money.
I have something listed for $3,500 on reverb; got an offer for $2500 and I didn't even respond. Dude sends me a message about how much he really wants it blah, blah blah and I didn't respond. It's not a common item, I purchased it new in the early '80s and it's an early model which is more desirable in the market historically (same model and year Sting and others used), and there aren't many from that year, few come up for sale.
for anything I sell with make an offer, I think a reasonable offer is up to 15% off my asking price.
I have something listed for $3,500 on reverb; got an offer for $2500 and I didn't even respond. Dude sends me a message about how much he really wants it blah, blah blah and I didn't respond. It's not a common item, I purchased it new in the early '80s and it's an early model which is more desirable in the market historically (same model and year Sting and others used), and there aren't many from that year, few come up for sale.
for anything I sell with make an offer, I think a reasonable offer is up to 15% off my asking price.
rsm
Well-known member
I plan to be waiting for bargains. Sweetwater, MF and others were discounting new items around Thanksgiving. Got my new 1959HW at $1000 off with free shipping; got my new Mesa JP-2C rack amp at 20% with free shipping, got my used ISP Theta Pro Michael Sweet preamp/effects floor unit in mint condition from a pro musician at half the going used rate with low shipping....
almost purchased a keyboard workstation at 19% off, but the above items killed my gear fund for awhile...unless something I'm selling sells.
R
Racerxrated
Well-known member
??
What recession? There is none. People keep saying this and that, yet no recession. They've been saying it for 2 years. Unemployment is super low, jobs out there for everyone...We just need the Covidflation to recede.
rsm
Well-known member
https://www.usdebtclock.org/
eventually the corruption, malfeasance and incompetence of our ruling parasites, both career establishment uniparty demoncrats and republitards, will catch up with reality.
fwiw, when SHTF, I'll add a little bacon grease to my CLP for the after effects.
RaceU4her
Well-known member
ive found more "too good to be true" deals locally at least post covid than at any time ever
R
Racerxrated
Well-known member
You do a great job parroting your hero, Putin's viewpoint of the west, Russian State Media.https://www.usdebtclock.org/
eventually the corruption, malfeasance and incompetence of our ruling parasites, both career establishment uniparty demoncrats and republitards, will catch up with reality.
fwiw, when SHTF, I'll add a little bacon grease to my CLP for the after effects.
Keep up the good work.
Funny, all the doom/gloom sayers have been saying the same shit for 60 years.
Yet here we are. One side says this, the other side says that.
Oh look...nothing to see here. Same old same old.
Somehow the west just keeps on keeping on. While the Dictator in your favorite country, keeps feeding his people to the meatgrinder.
I'll just wait for the next Russian to try another mutiny.
V
VonBonfire
Well-known member
Half the country is making less than 41k per year now. That doesn't leave a lot of disposable income after expenses especially considering prices have skyrocketed on so many goods thanks to high diesel fuel costs. At the same time there is the other half of the country who have money to piss away on non critical items.
rsm
Well-known member
at least it's entertaining, and makes for interesting conversation.You do a great job parroting your hero, Putin's viewpoint of the west, Russian State Media.
Keep up the good work.
Funny, all the doom/gloom sayers have been saying the same shit for 60 years.
Yet here we are. One side says this, the other side says that.
Oh look...nothing to see here. Same old same old.
Somehow the west just keeps on keeping on. While the Dictator in your favorite country, keeps feeding his people to the meatgrinder.
I'll just wait for the next Russian to try another mutiny.
I'm indifferent, whatever happens is going to happen no matter what I think, say or do, so let it be. In the meantime, I plan to enjoy the ride for as long as it lasts.
I'm enjoying the sh*tshow!
edit: I am looking forward to Ukraine's surrender, which hopefully will include ceding Odessa and Kharkiv oblasts in addition to the territory already annexed by Russia; rumpstate Ukraine mandatory neutrality, and even Poland taking northwest Ukraine territory around Lviv, and Romania taking western Ukraine territory. Let the landgrabs begin!
R
Racerxrated
Well-known member
Recession is defined by jobs...the job market. We have historically low unemployment. So there's no recession.
Period.
The haves/vs the have nots? Well that's been a thing FOREVER. Nothing new there.
Funny, the few companies that panicked last year and laid people off? They've been scrambling to re hire those positions.
It's a strange time, for sure...but there ain't no recession.
V
VonBonfire
Well-known member
I don't care to play the definitions game, it's irrelevant to me so I would just default to what you are saying. All I know is prices are high and disposable income is limited. Most people don't have $400 set aside for an emergency so that pretty much tells me gear sales are going to be slower. I have several items for sale now that have generated very little buyer interest compared to the buyer interest on items 1-2 years ago when I was moving some stuff surprisingly fast.
rsm
Well-known member
c'mon man, just enjoy the decline!
R
Racerxrated
Well-known member
But, a couple years ago we were dealing with the Covid shutdown, and the aftermath...where we had no new houses(no lumber/drywall), no new cars(no computer chips etc), so in a free market of course supply/demand those prices shot way up....everything else soon followed, then people had no used gear to choose from(no inventory at GC, craigslist) so all gear shot way up. So that imo was a very unique situation that may never be repeated. While some things are coming down, the more rare items or considered valuable pre Covid seem to still be up in price.
In a way I hope there is a recession, that would work to bring homes/cars back down.
Smash
Hack
I make 6 figures and it feels like i am struggling(ish). Maybe not struggling. But i have to think before i buy. When essential items went up for covid, the prices never went down. A lot of people that were living carelessly are now bracing against inflation. It isnt very fun. A strong middle class is good for everyone
rsm
Well-known member
My retirement ROI (annual change in market value) is close to my annual base gross for a few years now. I plan to work a few more years, maybe more depending on the compensation; my upside is commission based, and 2023 has been a very good year so far for me - almost double my base; as long as that continues, I'll stay. I actually enjoy my work, but if sailing the Caribbean paid as much I'd be gone!