It's a seller's market right now...

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DJ Forbes

DJ Extraordinaire
Jul 30, 2021
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Just thought I'd share this... just in case. I got a few pieces of equipment in my early purchases starting out as a DJ last year and have found that I was misguided, or bought something on impulse, but it turned out they were things I didn't really need. I posted them on FB marketplace and a few other locations and was able to sell them "slightly used" for just about the full retail price of a new item. There is a lot of stuff out there that is backordered indefinitely right now and people need/want stuff now, so they are willing to pay for it.

Obviously, garbage is garbage... but if you some stuff laying around collecting dust that is decent, now is a good time to consider unloading it. I've had some very good luck. Just wanted to share and maybe help someone else turn some old stuff into some new cash. :)
 
On new equipment, I would agree.

On Aged, Old Equipment it's not selling no where near retail original price.

I have a Numark CD MIx 1 that works very well. Sitting on eBay for $55.00 It was $60 + shipping.

I did get a bid on a broken Numark KMX02 karaoke cd mix station, and the left cd drive does not read any CDs. However, the guy didn't pay. So re-listed. It sold again, and again, it appears this guy isn't paying for it either.

I also have this on eBay, if anyone wants a great deal on some spencer gifts style lights (The small one came from Amazon), and a cheap polaroid speaker...The proceeds go to my son's RC Car Fund.




...and I just had an offer come in on the CD MIx 1...maybe it will sell soon!
 
On Aged, Old Equipment it's not selling no where near retail original price.

There's aged, and then there is a CD Mix 1. Those came out in 97!

On a passive speaker system that is still functional I think you'd have better luck. But I imagine the only market for a CD player like that is a collector or DJ that can't bring themselves to upgrade to digital. But that's going to be a small pool of buyers.
 
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There's aged, and then there is a CD Mix 1. Those came out in 97!

On a passive speaker system that is still functional I think you'd have better luck. But I imagine the only market for a CD player like that is a collector or DJ they can't bring themselves to upgrade to digital. But that's going to be a small pool of buyers.

My Dad's old Yamaha BR 12s still work well. They are from 2003. I was considering grabbing them next time I go to see my mom, and sell them. None of us use amps and passive speakers any more. He had been using a pair of Alto powered speakers for the last 6 years or so and kept them around as a back up. I suppose I could sell the amp he had as well.
 
There's aged, and then there is a CD Mix 1. Those came out in 97!

On a passive speaker system that is still functional I think you'd have better luck. But I imagine the only market for a CD player like that is a collector or DJ they can't bring themselves to upgrade to digital. But that's going to be a small pool of buyers.
Well said.
 
Thanks for reminding me I need to go back to placing ads to get rid of the rest of the stuff I have sitting around. I’ve been using craigslist. It’s free and stuff sells if it’s in demand, usable or collectible. I have been getting collectors that are buying stuff that they used to have and got rid of years ago. Usually, I hit them up with a list of all the other stuff I want to get rid of, if it’s not generating income it’s for sale. I had one guy leave then come back 10 minutes later, brought a bunch of things, and was mumbling my wife’s going kill me. But if it’s junk it isn’t going to sell and beginners most of the time don’t have much money. The oldest things I sold were a pair of Peavey FH-2 Subwoofers. I brought them in 1985 used and got back 60% of what I paid for them. Probably could’ve sold them years ago but most guys that wanted them didn’t have a van. Hated to see them go but they were sitting around for 25 years taking up space.
 
The prices are certainly higher than is prudent - but this also requires that the condition and performance of the product rise to the value.

My experience over the last few years leads me to believe we are on the downside of the curve. Much of the best product has already changed hands and we are approaching the bottom of the barrel with respect to product, as well as the integrity of new sellers jumping into the game, and usability of the products being sold.

Early in the Covid lock downs I was able to buy great quality contemporary product at about 58% or less of it's typical new cost. Today, what's being listed is out of date gear priced at full or 20% over it's original list price. A lot of it is not selling because it's just not worth having, or it's wholly obsolete for anything other than a hobby.

If you track any desirable class of products now, you'll find a lot of listings that close without a sale, despite a significant number of watchers. That's largely the result of the items being over-priced.

If you price a fully working item appropriately below these fireworks then you can recover some cost at a higher rate than perhaps 30 months ago. But you're not going to make a killing on obsolete gear because in that same 30 month period Covid drove a massive technological overhaul of the products people use. There's now a lot of gear out there that is not only old - it's undesirable, or even useless.

You also have to be willing to expand you market. There are items that are no longer suitable for the U.S. or other western countries, but are still perfectly desirable elsewhere in the world.
 
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But if it’s junk it isn’t going to sell and beginners most of the time don’t have much money. The oldest things I sold were a pair of Peavey FH-2 Subwoofers. I brought them in 1985 used and got back 60% of what I paid for them.

Sometimes the buyers are smarter than we are.

I can't speak to Peavey products, but I had several JBL 15" 2-way speakers that would have sold at $125 or less - per pair. I dismantled them and sold all of the drivers, components, and parts individually - right down to the cabinet handles. With that approach I recovered up to $300 per speaker (or ~$600 per pair.)

People often buy used speakers for the drivers and parts inside - not the system as a whole. Sometimes the real value of a used item is not obvious.