52 + Supercap
Posted by: pcm on 10 October 2002
Having had the loan of the new 552 for a week, if I decide to proceed and shell out the readies, what advice do Forum members offer with regards to fair trade in from dealer? How much could I realistically expect if I sell the 52/Supercap privately? The equipment was bought brand new 3 years ago.
I would appreciate your input.
pcm
I would appreciate your input.
pcm
Posted on: 10 October 2002 by NB
Expect to get more if you sell them privately. The dealer will have to include his profits margins.
Regards
NB
Regards
NB
Posted on: 10 October 2002 by pcm
Thanks for that. Could you hazard a guess as to approximate figures in each case?
Thanks.
pcm
Thanks.
pcm
Posted on: 10 October 2002 by David Ng
Everybody needs to make a living. If the service provided by your dealer has been good, I would suggest trading in your 52/scap, try to bargain for something acceptable to you. This will also save you the hassle of advertising and getting the people coming over to test the eqpt etc. Just my view.
david
david
Posted on: 10 October 2002 by NB
If you were looking at a private sale I would estimate about 1500 for the supercap and 2000 for the 52. Say £3500 for both of them.
I am not sure what your dealer would offer you as part exchange I would suggest asking him yourself.
Regards
NB
I am not sure what your dealer would offer you as part exchange I would suggest asking him yourself.
Regards
NB
Posted on: 10 October 2002 by David Hobbs-Mallyon
Profit margin? I think the dealer will make a very good profit margin if you go for the 552. You should be able to get more than £3500 out of them for the 52.
David
David
Posted on: 10 October 2002 by Phil Barry
Yes, I agree that you may do better with a trade-in. I doubt that much of a discount will be available on a 552. I expect the margin is high. And I expect the 52 will go quickly. In the US, a trade-in reduces sales tax; perhaps it reduces VAT, as well.
All in all, the dealer's offer may be better for you than a private sale - and you won't have to go throughthe hassle of advertising, negotiating, and shipping.
Regards.
Phil
All in all, the dealer's offer may be better for you than a private sale - and you won't have to go throughthe hassle of advertising, negotiating, and shipping.
Regards.
Phil
Posted on: 10 October 2002 by Derek Wright
I would start by asking for a trade in value of half the original purchase price of the 52 and Supercap plus 12% of the 552.
I would expect the dealer to still to be in pocket and they would have aproximately a month before they have to pay Naim for the 552 in which case they might have sold on the 52/Supercap.
If the dealer is part of a chain he might be involved in monthly revenue based competitions with other branches and so willing to encourage the sale to make his target.
Also if part of a chain he might be more revenue oriented than profit oriented so keeping the price of the 552 high with a good trade in price might well help him achieve his targets.
YMMV
Derek
I would expect the dealer to still to be in pocket and they would have aproximately a month before they have to pay Naim for the 552 in which case they might have sold on the 52/Supercap.
If the dealer is part of a chain he might be involved in monthly revenue based competitions with other branches and so willing to encourage the sale to make his target.
Also if part of a chain he might be more revenue oriented than profit oriented so keeping the price of the 552 high with a good trade in price might well help him achieve his targets.
YMMV
Derek
Posted on: 10 October 2002 by Bosh
In my experience, trade in shoud be 40-45% of retail for most boxes except speakers or 50-55% for Looting it.
ie Trade £2600 - £2950
Loot £3275 - £3600
I am led to believe the margin is c.30% gross, so there is not a lot of scope for price flexibility by the time the dealers had your trade in serviced, guaranteed it and done you several demos
ie Trade £2600 - £2950
Loot £3275 - £3600
I am led to believe the margin is c.30% gross, so there is not a lot of scope for price flexibility by the time the dealers had your trade in serviced, guaranteed it and done you several demos
Posted on: 10 October 2002 by Christopher
More like an 80% mark-up...
Posted on: 10 October 2002 by Jez Quigley
I've seen at least one dealer selling ex-dem (let alone s/h) 52/scap for £3150, so you will be lucky to get £3500 part ex unless he subsidises it from his 552 profit margin. Remember that the 52 is not top dog anymore and can no longer expect a premium for it.
"All systems are perfectly designed to get the results they get."
"All systems are perfectly designed to get the results they get."
Posted on: 10 October 2002 by Phil Barry
A dealer may very well subsidize trade-in from profits on the new item. Depends on the the dealer's financial situation and approach to doing business.
Phil
Phil
Posted on: 10 October 2002 by hifidaddy
In Germany Nac52 can be seen s/h for 2400 to 2500 EUR without Supercap.
regards,
Hartmut
regards,
Hartmut
Posted on: 10 October 2002 by pcm
Thanks for your advice everyone:)
Now...
Does anybody know of anyone genuinely seeking a three yr. old Nac52 & Supercap combination from the heart of England, Elgar country?!
Regards,
pcm
Now...
Does anybody know of anyone genuinely seeking a three yr. old Nac52 & Supercap combination from the heart of England, Elgar country?!
Regards,
pcm
Posted on: 11 October 2002 by Naheed
Find yourself another dealer - he should be especially if you know him, offering you a discount on the 552...
naheed
naheed
Posted on: 11 October 2002 by Bosh
"Find yourself another dealer" - have you done the demo? If so is it ethical to shop around having taken up their time hopefully having a home demo?
"he should be, especially if you know him, offering you a discount on the 552..."
How much should I try and chip my dealer for one then?![wink](/infopop/emoticons/icon_wink.gif)
![wink](/infopop/emoticons/icon_wink.gif)
"he should be, especially if you know him, offering you a discount on the 552..."
How much should I try and chip my dealer for one then?
![wink](/infopop/emoticons/icon_wink.gif)
Posted on: 11 October 2002 by NB
I doubt if any Naim dealer is making an 80% mark up on selling Naim items. I have spoken to a number of Naim dealers and profit margins are quite tight. When was the last time you a Naim dealer offering a discount on new equipment. It just doesnt happen.
I understand that Naims pholosophy is that the dealer is offering a service as well as the product and both should be paid for. All Naim equipment should be purchased at the same price and discounts will not be offered. When was the last time you saw a New Naim item being sold by a discount chain?
I tend to agree that your dealer offers you a service. You get a demonstration in a proper demonstration room. All the help and advice that you need and an instalation service. All this needs to be paid for out of the dealers profit margin.
Shouldn't we therefore support our local dealer rather than fall into the realms of such discount chains as Richer sounds?
Regards
NB
I understand that Naims pholosophy is that the dealer is offering a service as well as the product and both should be paid for. All Naim equipment should be purchased at the same price and discounts will not be offered. When was the last time you saw a New Naim item being sold by a discount chain?
I tend to agree that your dealer offers you a service. You get a demonstration in a proper demonstration room. All the help and advice that you need and an instalation service. All this needs to be paid for out of the dealers profit margin.
Shouldn't we therefore support our local dealer rather than fall into the realms of such discount chains as Richer sounds?
Regards
NB
Posted on: 11 October 2002 by Rockingdoc
Your dealer is likely to have his supply cut off if Naim catch him giving discounts. Companies like Naim and Linn have a reputation for being ruthless about this.
Posted on: 11 October 2002 by Naheed
The wa*ker dealer who I was going to purchase a cds/xps/82/sbls basically offered my either 0% finance OR an equivalent cash discount.
naheed
naheed
Posted on: 11 October 2002 by Derek Wright
Discounts come in many forms - ie a very good trade in value
Derek
Derek
Posted on: 11 October 2002 by David Hobbs-Mallyon
Naheed,
You have a wonderful way of expressing your experiences with dealers. When you find one you like, I hope you'll be equally positive.
David
You have a wonderful way of expressing your experiences with dealers. When you find one you like, I hope you'll be equally positive.
David
Posted on: 11 October 2002 by John Sheridan
quote:
I doubt if any Naim dealer is making an 80% mark up on selling Naim items
quote:
I have spoken to a number of Naim dealers and profit margins are quite tight.
They're definitely not 80% but they're not tight either - around the 30% mark.
Any dealer that you do regular business with should be giving you some form of discount.
Posted on: 11 October 2002 by blythe
Recently, Volvo in Europe were fined pretty heavily for "instructing" dealers not to discount. It was deemed by the EEC to be "Anti competitive" and Volvo had their wrists severely slapped!
Would Naim actually fall into this same category?
I do appreciate that by not discounting, residual values are helped to remain high.
Regarding dealer margins, I was told a few years ago, they worked on 40% margin. That might be true at the lower end of hi fi, but would it really be the same on a piece of kit costing several thousand pounds too?
Second hand values: I wouldn't say "50%" or whatever on the original purchase price of a piece of Naim equipment - it really depends on when you bought it etc.
I have really not lost much (comparitively) on any piece of Naim stuff I've ever sold or traded in.
S/H SBL's might sell in mint condition, with boxes and crossovers etc. with latest drivers for around £750 (I guess - maybe you can tell me) but if you bought them 13 years ago, you'd have only paid around £1200 for them in the first place. That's pretty good going I reckon.
52 for sale in the Worcester area?
I "might" be interested......
Computers are supposed to work on 1's and 0's - in other words "Yes" or "No" - why does mine frequently say "Maybe"?......
Would Naim actually fall into this same category?
I do appreciate that by not discounting, residual values are helped to remain high.
Regarding dealer margins, I was told a few years ago, they worked on 40% margin. That might be true at the lower end of hi fi, but would it really be the same on a piece of kit costing several thousand pounds too?
Second hand values: I wouldn't say "50%" or whatever on the original purchase price of a piece of Naim equipment - it really depends on when you bought it etc.
I have really not lost much (comparitively) on any piece of Naim stuff I've ever sold or traded in.
S/H SBL's might sell in mint condition, with boxes and crossovers etc. with latest drivers for around £750 (I guess - maybe you can tell me) but if you bought them 13 years ago, you'd have only paid around £1200 for them in the first place. That's pretty good going I reckon.
52 for sale in the Worcester area?
I "might" be interested......
Computers are supposed to work on 1's and 0's - in other words "Yes" or "No" - why does mine frequently say "Maybe"?......
Posted on: 11 October 2002 by Peter Gear
PCM
Am unable to contact you on your email address 'permanent delivery error'!! Am interested in your 52 so please contact privately.
Peter
Am unable to contact you on your email address 'permanent delivery error'!! Am interested in your 52 so please contact privately.
Peter
Posted on: 11 October 2002 by Bosh
Remember Andy from from Sound Advice? He's working at Sytner BMW in Nottingham. It was him who told me a few weeks ago when I had a test drive that Naims profit margins are 30% gross.
He's not changed, still takes an hour and a half to do a 30 minute job.
PS Tried the SL2s passive yet?
He's not changed, still takes an hour and a half to do a 30 minute job.
PS Tried the SL2s passive yet?
Posted on: 11 October 2002 by Naheed
I can name some even shitier ones if you want, but for me Lintone Audio in Gateshead and the Audio Works provide an excellent service top marks, Grahams is nice, i've bought accessories, but never actually demo'd anything there
naheed
naheed