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In Reply to: RE: Before You Buy a SimAudio Product posted by ErikM on October 21, 2014 at 12:10:14
Reasonable? $450 repair cost for an amplifier with a current Bluebook value of $500?
Follow Ups:
Bluebook value is about as meaningless as any valuation service in existence. About the only usefulness it has ever had was for a dealer to justify his allowance for trade in and the insurance company paying out.
Also, value is not the same a fmv or price. Value is what something personally worth to someone meaning the price one to pay is variable and related to a number of factors. Something on a person's must have list as it completes a collection has a higher value than the value placed on the same item who is a flier or the make and model is an orphan or, does not fit the profile of what a buyer normally would buy.
For instance, I have a soft spot for the 1st generation Sherwood amps and tuners with less of a soft spot for the similar period Sherwood receivers, though I like them also. I also have a soft spot for the KLH Twenty-Seven and if I ever found one in absolutely mint condition, already have 2 in average+ condition, with all paper work would pay far in excess of the going price. Most persons here do not value these units as highly as I do and therefore would not pay what I would.
Don Brian Levy, J.D.
Toronto ON Canada
Hi, Lance,
Putting money into a dated stereo component is no different than putting money into a dated automobile; if you put $1500 of repair into a $2000 car, the car is still only worth $2000. Whether or not you spend the money just depends on whether you really like the car. Or the amplifier in your case.
Good luck,
Tom
Find a good, used specimen and be happy...
-RW-
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