Bunno77 Posted November 23, 2016 Share Posted November 23, 2016 http://www.graysonline.com/sale/2506613/audio-tv-home-theatre/75k-nad-high-end-sale-never-seen-before-at-auction 1 Link to comment Share on other sites More sharing options...
Kaynin Posted November 23, 2016 Share Posted November 23, 2016 According to JLS Electronics, NAD are changing distributors in Australia, I wonder if this auction is a result? 2 Link to comment Share on other sites More sharing options...
joz Posted November 23, 2016 Share Posted November 23, 2016 oooh! Link to comment Share on other sites More sharing options...
gemini07 Posted November 23, 2016 Share Posted November 23, 2016 Gotta love those 17.5% 'buyers premiums'! Whack that onto what you think might be a bargain and add it all up.... 3 Link to comment Share on other sites More sharing options...
betty boop Posted November 23, 2016 Share Posted November 23, 2016 2 hours ago, Kaynin said: According to JLS Electronics, NAD are changing distributors in Australia, I wonder if this auction is a result? lenbrook appear to be taking nad over to convoy. http://www.stereo.net.au/news/lenbrook-aligns-nad-psb-and-bluesound-in-australia 1 Link to comment Share on other sites More sharing options...
betty boop Posted November 23, 2016 Share Posted November 23, 2016 32 minutes ago, gemini07 said: Gotta love those 17.5% 'buyers premiums'! Whack that onto what you think might be a bargain and add it all up.... their auctions also if I recall have no end...ie just when you think the auction is done if someone else keeps bidding the price just keeps going up and up and up.... 1 Link to comment Share on other sites More sharing options...
Silent Screamer Posted November 23, 2016 Share Posted November 23, 2016 33 minutes ago, gemini07 said: Gotta love those 17.5% 'buyers premiums'! Whack that onto what you think might be a bargain and add it all up.... You have to factor in all the hidden costs to make sure you're not paying more than retail for some of these items. 1 Link to comment Share on other sites More sharing options...
evil c Posted November 23, 2016 Share Posted November 23, 2016 Often seem to have very generously inflated retail prices quoted to suck in buyers going above fair value.Sent from my SM-G900I using Tapatalk 1 Link to comment Share on other sites More sharing options...
Silent Screamer Posted November 23, 2016 Share Posted November 23, 2016 5 minutes ago, evil c said: Often seem to have very generously inflated retail prices quoted to suck in buyers going above fair value. Sent from my SM-G900I using Tapatalk Yeah I have found that too. Also I don't know if there is any obligation for a warranty. Link to comment Share on other sites More sharing options...
Administrator Marc Posted November 23, 2016 Administrator Share Posted November 23, 2016 Convoy have indeed taken over NAD distribution in Australia. This would be Qualifi's old stock, dumped. Quote Warranty: N/A Convoy would have no obligation to honour warranty on product not supplied by them and offered for sale via authorised dealers, and I'd suggest Qualifi would have sold this to Grays "as is" with no warranty implied. Buyer beware, I say. 2 Link to comment Share on other sites More sharing options...
betty boop Posted November 23, 2016 Share Posted November 23, 2016 15 minutes ago, Marc said: Convoy have indeed taken over NAD distribution in Australia. This would be Qualifi's old stock, dumped. Convoy would have no obligation to honour warranty on product not supplied by them and offered for sale via authorised dealers, and I'd suggest Qualifi would have sold this to Grays "as is" with no warranty implied. Buyer beware, I say. typically grays only act as a clearing agent(like an eBay), I cleared a factory using them. can be some huge bargains (we had some stuff worth $1.8M ended up going for $1.6k ! but with caveats. I made sure all buyers when came to pick up signed a "scrap only" document from our legal guys to make sure there was no come backs to us in liability. in australia consumer law is that warranty is from who you buy from, I imagine that be grays in this case ? though grays only offers an "extended" warranty. so a bit grey buyer beware I agree Link to comment Share on other sites More sharing options...
Silent Screamer Posted November 24, 2016 Share Posted November 24, 2016 (edited) Al what would you personally consider a reasonable price to pay (in % of RRP) for new old stock cleared through Greys / eBay with effectively no warranty? Edited November 24, 2016 by Silent Screamer Link to comment Share on other sites More sharing options...
Guest thathifiguy Posted November 24, 2016 Share Posted November 24, 2016 I've heard that these were Qualifi demo/display units Link to comment Share on other sites More sharing options...
Administrator Marc Posted November 24, 2016 Administrator Share Posted November 24, 2016 The majority is also old models, since replaced with a new range. Link to comment Share on other sites More sharing options...
betty boop Posted November 24, 2016 Share Posted November 24, 2016 33 minutes ago, Silent Screamer said: Al what would you personally consider a reasonable price to pay (in % of RRP) for new old stock cleared through Greys / eBay with effectively no warranty? not sure id be game SS to answer, way too many variables and things to consider in the mix. we all make our own value judgement any ways. perhaps consider what you think resale might be Link to comment Share on other sites More sharing options...
rock Posted November 24, 2016 Share Posted November 24, 2016 I may be having a bit of buyers remorse. Recently bought a 356BEE for $700 new (w/ 3yrs warranty) because of the change in distributor, now I'm seeing the new amps come out & also this fire sale. Oh well, I'll see how this pans out and maybe I can get myself a cheap MDC Module or separate DAC for it. Link to comment Share on other sites More sharing options...
Silent Screamer Posted November 24, 2016 Share Posted November 24, 2016 3 hours ago, al said: not sure id be game SS to answer, way too many variables and things to consider in the mix. we all make our own value judgement any ways. perhaps consider what you think resale might be Fair enough... resale value is a fairly decent indicator, so I'm thinking circa ~50% depending on what it is. Link to comment Share on other sites More sharing options...
gemini07 Posted November 24, 2016 Share Posted November 24, 2016 1 hour ago, Silent Screamer said: Fair enough... resale value is a fairly decent indicator, so I'm thinking circa ~50% depending on what it is. Also consider that if it's redundant technology or even an old model the 'resale' price could well be much less than 50%. Also, there's the unknown issue of actual condition - those photo's are not of the actual items for sale. I always try to think of how much I could get for it if I had to sell it... Link to comment Share on other sites More sharing options...
Kaynin Posted November 24, 2016 Share Posted November 24, 2016 9 hours ago, evil c said: Often seem to have very generously inflated retail prices quoted to suck in buyers going above fair value. Sent from my SM-G900I using Tapatalk Correct. That T787 RRP$4400? Yeah, right, more like $4,000 - and has been for at least 4 years now. Link to comment Share on other sites More sharing options...
powerav Posted November 24, 2016 Share Posted November 24, 2016 I tried to get a sneaky bid on a Blusound Module but looks like someone else wants it more. Link to comment Share on other sites More sharing options...
Saxon Hall Posted November 24, 2016 Share Posted November 24, 2016 9 hours ago, gemini07 said: Gotta love those 17.5% 'buyers premiums'! Whack that onto what you think might be a bargain and add it all up.... I am bidding on an item there. Here is the run down of the total fees Cost of item + Buyers Premium 17.5% + Delivery $17 on this item + Handling Fee $14 on this item + GST (if Applicable) Link to comment Share on other sites More sharing options...
powerav Posted November 24, 2016 Share Posted November 24, 2016 39 minutes ago, Saxon Hall said: I am bidding on an item there. Here is the run down of the total fees Cost of item + Buyers Premium 17.5% + Delivery $17 on this item + Handling Fee $14 on this item + GST (if Applicable) Gee whiz, I thought Ebay was bad. Link to comment Share on other sites More sharing options...
rantan Posted November 24, 2016 Share Posted November 24, 2016 Just now, powerav said: Gee whiz, I thought Ebay was bad. IMO, Gray's is a complete rip off and there are rarely any really genuinely bargain buys once everything is added up. Plenty of better buys on here in the FS section 3 Link to comment Share on other sites More sharing options...
Silent Screamer Posted November 24, 2016 Share Posted November 24, 2016 3 minutes ago, powerav said: Gee whiz, I thought Ebay was bad. I think this is half the reason why some stuff goes for ridiculous prices, because they're not paying attention to the total cost of the item. 1 Link to comment Share on other sites More sharing options...
Guest Point source Posted November 24, 2016 Share Posted November 24, 2016 There are a few local dealers selling off NAD kit at great prices coz they are not in the new distributors supply chain. Link to comment Share on other sites More sharing options...
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