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Thread: Why do Martin Logans have such Lousy resale value and interest?

  1. #16
    Senior Member Rich's Avatar
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    Quote Originally Posted by Mantana View Post
    Why do Martin Logans have such lousy resale value and interest on the used market?
    Hmmmm? So, because you tried to sell your speakers a couple of times and couldn't, you conclude that all ML's have lousy resale and interest on the used market? Sounds like sour grapes to me.

    Looking on Audiogon, ML's are holding their value very well compared to other speakers and seem to sell pretty quickly, so I don't see where you are coming from. Most speakers are going to take a 40% to 50% hit right off the bat on the used market. ML's are no different.

    You mention the CLX selling for almost 50% off its new price as if that is some sort of anomaly, yet there is a pair of Magnepan 20.1's currently on the 'gon for $7,000 (originally $14,000). In other words, any comparison of similar models shows that the Logan's used value is right in line with other speaker manufacturers.

    I think it seems a little silly that you use your experience only in deciding that ML's have crappy resale value and interest, when you specified "local pickup only" in your ad. That alone severely limits the amount of interest you are going to get for your speakers. You just limited your market by about 99%! And then you complain that your speakers aren't rolling out the door. Especially in a down economy. You provide no other examples than your own limited experience and from that you conclude ML's have crappy resale value and interest.

    It would appear that this thread is intended more to just stir up some crap than to have an honest dialog about ML resale value.
    Rich

    This comment is intended solely for educational purposes and should not be construed as conveying any express or implied warranty of fitness for any other purpose. Said comment constitutes merely the humble opinion of its maker and does not reflect the views of the MLOC or of ML, Ltd. YMMV. Trust your own ears.

  2. #17

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    The claim that "Martin Logans have such lousy resale value and interest on the used market" is just plain false. You have to at least compare their depreciation to other brands being offered on other sites such as Audiogon. Take a look at the Montana brand and you'll see that the asking prices are around %50 or lower on average from MSRP. There are many other examples.

    Just because no one has responded to his particular for-sale ad doesn't mean they are overpriced to begin with.

  3. #18

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    You guys just can't resist can you
    Attached Images Attached Images  
    If you would like to see my system: Spire,Stage & Clarity just click the link below

    There are things known and things unknown and in between are the doors. - jim morrison

    http://www.martinloganowners.com/for...ead.php?t=7328

  4. #19

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    Quote Originally Posted by Mantana View Post
    I had my Spires up for sale at various times along with my Montanas and
    not once have had any responses on this site, Audiogon or Craigslist. I've
    had a number of responses on my Montanas although no firm offers. Not
    a single inquiry on the Spires..why ?? $22000 CLXs going for 12k
    on the used market. Are Logans just way overpriced to begin with?
    I know we have a terrible economy but i still see equipment selling on
    Agon.
    I would really be intersted in your speakers BUT

    - I'm living in Europe
    - You specified you would ship only to US
    - I'm not sure Spire would accept 230V .

    Second-hand Spires are still very uncommon on the european market.
    Maybe worth a try, although I understand packaging might be an issue.

  5. #20

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    Everyone makes valid points and yes even Montanas are selling for about
    50% of list price. And yes my current ad does specify local pickup, but
    my previous ads did not require that. Even so, i would think a new
    speaker introduction such as the Spire and CLX, particularly with
    the good reviews, would command a better price. I can only go
    by my experience since i've run my ads locally and on Agon. I've
    only had responses on the Montanas, nothing on the Spire. I've also
    seen a lot of Spires, in particular, up for sale on Agon. They don't
    seem to move very fast... (and Rich, you are right...i shouldn't make
    a blanket statement about all Logans having poor resale value. I
    really should have confined my comments to the newest Logans,
    Spire, Summit X and CLX which seem to require huge discounts to
    move). Another thing...i posted the Spires for sale pretty much
    continuously since January (3 X on Agon and regularly on Craigslist).
    Just very surprised i've received no interest on such a well known
    brand name and you would think, the sweet spot of Martin Logan's
    lineup.
    Last edited by Mantana; 06-26-2009 at 07:47 AM.

  6. #21

    Default Selling speakers

    I have sold quite a few things on audiogon and even locally on craigslist; the hardest to sell has always been speakers. Even when I had my recently listed Acoustic Zen Adagios priced at 50 % off ($4300 list), they didn't sell until I lowered the price to $2K.
    Hard Times, yes...but not impossible if priced right!

    You just need to make the item 'a great deal' so they can't pass it up.
    Will you loose money...of course, but if you get a great deal on your next pair of speakers it kind of balances things out somewhat.

    It took ~3 weeks into my adagios ad before they sold.

    I had a friend attend the last CES in Vegas where he fell in love with the new Zu Essence speakers. When the speakers finally arrived at the dealer they did not sound like he remembered and did not care for them; he stated the dealer used different amp/preamp/CD player/cables....synergy in motion!
    He's still looking for his next speaker.

  7. #22

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    Not I Fishman.

    Seems pretty obvious to me as I suggested this in a previous thread.

    GG

    PS: Thanks Rich for your observations. Spot on as always.
    Last edited by Gordon Gray; 06-26-2009 at 07:52 AM. Reason: Add PS

  8. #23

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    Quote Originally Posted by Gordon Gray View Post
    Not I Fishman.

    Seems pretty obvious to me as I suggested this in a previous thread.

    GG

    PS: Thanks Rich for your observations. Spot on as always.
    It was not directed at anybody in particular
    If you would like to see my system: Spire,Stage & Clarity just click the link below

    There are things known and things unknown and in between are the doors. - jim morrison

    http://www.martinloganowners.com/for...ead.php?t=7328

  9. #24

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    I bought a pair of used Ascents in '07. I buy used because that's what I can afford right now. My whole system is "high end" used, lol. My friends think I'm crazy for the money I've spent on the used equiment. They have no idea how must this stuff cost new. I paid 1800 for my MLs and currently most Ascents are going for 2000+. Regulars and i's. Martin Logans resale fine. The op mentioned his Spires and some Magnepan 3.6s and compared selling time. Remember the Maggies sold for $2000+. The Spires were $9k new and are selling for little over just about half. Of course the Maggies are going to sell first.

  10. #25
    Senior Member Bernard's Avatar
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    Quote Originally Posted by FISH_MAN View Post
    It was not directed at anybody in particular
    And still it continues, ad nauseum.

  11. #26
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    Hello,
    I think the prices of the speakers post Shoreline are the ones taking the biggest hit in resale. The older pre Shoreline models all seem to be selling for better prices relative to age and original retail.

    The reasons are myriad and some would say the newer, smaller units are just not the same.
    Every time I visit my younger Brother in Orlando I am stunned at how much bigger and imposing his dual Ascent i, Theater i, Descent i system is. I hate to say it, but they probably appear to someone not familiar with ML as being much more expensive than my Vantages.

    I am a Vantage, Stage, Vista, Montage owner and still love my speakers and am glad I purchased them. It did help that I purchased the Stage and Vista's for silly prices when Tweeter/Sound Advice was going under.
    ML

  12. #27

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    Quote Originally Posted by Bernard View Post
    And still it continues, ad nauseum.
    So it seems Bernard.

    Gordon

  13. #28

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    I think it's tough reselling anything that requires major shipping. Most people are probably hesitant to buy something from a stranger that has a high possibility of getting damaged/destroyed in shipping with questionable recourse.

    That would be my guess. Having shipped a few really expensive pieces this year (and those of you who have bought something from me know how obsessive I am about packing), I was on pins and needles until the packages arrived safely.

    I can only imagine the guy on the other end felt the same way. Easier to just go to your favorite dealer and put it in the trunk sometimes....

  14. #29

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    Hi Mantana,
    $5K+ for Spires is an absolute bargain !

    I can't even get a tankful of petrol for that in the UK these days
    Just a pity that yours are thousands of miles away !

    It's unfortunate that you've had a rough ride with your MLs. It happens to all of us at some point....but we survive.
    Hope you get them sold soon...

    Kind regards....................................Victor.

  15. #30

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    Quote Originally Posted by Victor View Post
    Hi Mantana,
    $5K+ for Spires is an absolute bargain !

    I can't even get a tankful of petrol for that in the UK these days
    Just a pity that yours are thousands of miles away !

    It's unfortunate that you've had a rough ride with your MLs. It happens to all of us at some point....but we survive.
    Hope you get them sold soon...

    Kind regards....................................Victor.
    I remember when i bought the Spires for 20% off ($7100 total),
    I thought IF i wanted to sell them in 6 months i wouldn't take
    too big a hit. Well, with this economy i'm not surprised they're
    not selling. However, i am surprised at the total lack of interest
    from my ads. Maybe i'm overpriced, but i expected a few inquiries,
    being a new design. Where are all the ML owners wanting
    to upgrade? I always thought my Montanas would be extremely
    difficult to unload, since the company is not very well known.
    Just surprises the hell out of me they are the only pair
    generating responses (and i list them at a higher price).

    It's only been a few days on Agon now at the lower price of
    $5250. Someone else is selling for $4900. It'll be interesting
    to see if that pair sells and how long it takes. It's day 22 on
    her ad. Cheers Victor.

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