Naim price increases April 30th

Posted by: MangoMonkey on 03 April 2018

I had a look at some of the Naim prices starting April 30th. I wonder if the Nac 282 really sounds $1K better now (at 9K).  If Naim can't get their costs under control (or the distributor can't), it's really Naim's problem..

Or maybe they don't expect/want to sell any of the classic pieces anymore... - or want the uniti stuff to appear cometitive.

The 282 was already overpriced 5 years ago - now it's just pricing itself out of the market.

The stageline is $900. That's just a joke - it was already not super competive at the $500 pricepoint.

Just a rant - I'm not in the market for anything, but can't recommend Naim to any of my friends at these prices.

Or maybe dealers will have a bigger margin and will be expected to give 20% off..

Posted on: 03 April 2018 by badlands

 

Where did you get the info on the new pricing? Thanks.

Posted on: 03 April 2018 by MangoMonkey

From one of the dozen or so dealers I've worked with in the past. Had taken a friend auditioning some stuff, and heard about the new prices...

Posted on: 03 April 2018 by badlands

Thanks, those are some hefty increases you're showing. I wonder if that will be typical across the board?

Posted on: 03 April 2018 by MangoMonkey

I don't have the complete price list - I'm sure your dealer can get you this info - its not a secret...

It's about a 10% hike...

Naim one other product where the price keeps going up for no improvement in quality...

I can only imagine naim is selling fewer and fewer of these classic units, and the choice is being made between discontinuing the product  line and jacking up the price to keep a constant margin... - that's the most respectful assumption I can make.

The 272 goes up about $500. Good for resale, I guess...

Posted on: 03 April 2018 by No quarter

This impending hike is why I recently ordered some Superlumina cables,which are already overpriced,even with my 25% off...before the increase.Thang god I am finished my system at that point.

Posted on: 03 April 2018 by Japtimscarlet

The development costs of a 282 must have long since been recovered

Surly it makes sense to be as competitive as possible across the board so that customers will won't to work their way up the naim ladder?

Posted on: 03 April 2018 by MangoMonkey

I guess they want the newer Uniti stuff to be competitive - raising the price on the classic is one way of making that stuff competitive...

I'm glad I was able to buy my nap500DR for 14K. Its from 2001, but completely rebuilt and restored. 

Although, after living with it for a year or two, I might just go for a rega apollo + rega brio. Full hifi system for the price of a chord music cable. Fact is, one gets used to anything...

Posted on: 03 April 2018 by Japtimscarlet

You joke about the rega stuff...but it's really rather good for the price !!

Posted on: 03 April 2018 by MangoMonkey

:-)

Posted on: 03 April 2018 by Bob the Builder

Wow if correct those are some mighty price increases.  I know it is difficult to find used in some countries but where possible I would buy on the used markets because including a service early units like mine from 2004 can be had for around the £2000 mark about 2,800 dollars. Even taking into account import duty and postage this must still represent better value than the $9,000  quoted here.                                                                                          

Posted on: 03 April 2018 by joerand

I'm happy I no longer have to fuel the rant. New Naim purchases forever gone from my horizon. Outside chance of a CDX2 if/when my CD5X fails, but that would be a s/h item. Still, I can appreciate the incredulity that appears here every April.

Perhaps Naim's pricing strategy is not sustainable, in which case they'll have to re-adjust.  Time will tell. At present the annual price increases seem to work. The faithful absorb them and continue to buy, the factory reportedly operating at capacity. Why would Naim alter that?

Posted on: 03 April 2018 by analogmusic

Blimey.

But Naim say this is their business model

economic facts though : we are now in a low inflation era and salaries aren’t going up 10 percent

Hopefully one day I can recover the money I spent on my 202/200  

 

 

Posted on: 03 April 2018 by Richieroo

I really think they are pushing it to the absolute limit ..... price wise. All of my gear is second hand and mostly refurbished.... even that is eye watering.... but after all that sonically it does deliver....time will tell..

Posted on: 03 April 2018 by Ardbeg10y

They must burn way too much money on the app issues.

Posted on: 03 April 2018 by MangoMonkey

Software is expensive - a better bet would be to get out of that market - and code to open standards..

Who needs a naim app anyway..

Posted on: 03 April 2018 by joerand

A Naim purist?

Posted on: 04 April 2018 by james n

Seems to be a lot of angst already without an official price list being available.

Plenty of pre-loved kit out there if new Naim is getting too expensive...

Posted on: 04 April 2018 by Simon-in-Suffolk
joerand posted:

I'm happy I no longer have to fuel the rant. New Naim purchases forever gone from my horizon. Outside chance of a CDX2 if/when my CD5X fails, but that would be a s/h item. Still, I can appreciate the incredulity that appears here every April.

Perhaps Naim's pricing strategy is not sustainable, in which case they'll have to re-adjust.  Time will tell. At present the annual price increases seem to work. The faithful absorb them and continue to buy, the factory reportedly operating at capacity. Why would Naim alter that?

Because if this is true then you are  probably starting to price yourself of a sustainable musical enthusiast/audio replay market. If Naim ends up becoming for the most part a status symbol for high wealth individuals, that’s hardly what the original intent was all about and not healthy as far as audio replay is concerned. In the retail market where prices are reducing or staying static it does seem perverse, and does point to a perhaps underlying cost control/management  issue, and we have seen this a few times in recent years with zero and negative inflation (deflation).. I hope Naim are able to take control of it... again if true... but anecdotally and gossip one hears of trouble at mill with new dev and production.

Posted on: 04 April 2018 by intothevoid

I wonder how much of the increase you are seeing is Naim hedging against foreign currency fluctuations, esp. given the impact that Brexit has had on the Pound? It'll be interesting to see what the domestic UK price increases are, and whether there's a correlation to the fall in value of Sterling.

 

Posted on: 04 April 2018 by Simon-in-Suffolk

Well since the Brexit drop of two years ago, the pound has been significantly recovering and increasing so of late (I know because my personal Euro investments have shrunk against the pound, and silly me thought the pound would stay low)... so hedging cuts both ways. Please let’s have June 2016 again when the pound was really low.... I can cash out 

Posted on: 04 April 2018 by Mike-B
intothevoid posted:

I wonder how much of the increase you are seeing is Naim hedging against foreign currency fluctuations, esp. given the impact that Brexit has had on the Pound? It'll be interesting to see what the domestic UK price increases are, and whether there's a correlation to the fall in value of Sterling. 

If that is how the price increase has been applied,  then the price in US/Can & EU etc should be same or lower than pre brexit FX rates.  

Posted on: 04 April 2018 by Mike-B
Simon-in-Suffolk posted:

Well since the Brexit drop of two years ago, the pound has been significantly recovering and increasing so of late (I know because my personal Euro investments have shrunk against the pound, and silly me thought the pound would stay low)... so hedging cuts both ways. Please let’s have June 2016 again when the pound was really low.... I can cash out 

I moved my EU specific investments prior to June 2016 into non EU,   mostly far east.  I also took a 20% punt on US going from Dem to Rep as well     & that it would cause some positive growth with less regulation & tax easing.    Thrumpville has dun good,  & that the only good thing I can say about that individual.       

Posted on: 04 April 2018 by Simon-in-Suffolk

Nice one Mike... the only thing I have now learnt with investments... when everyone says one thing, assume something else

Posted on: 04 April 2018 by Japtimscarlet

Well chord are producing some quality items with bespoke software for (I.M.O) less than naim would be charging if they had developed the item...

And why haven't naim developed them??

Where is the class leading sound?

I would happy go back to bolt together cases if the electronics inside were truly world class..

Posted on: 04 April 2018 by hungryhalibut

If Naim is that ropey, why do you own it? Why not have Chord instead, if they are so great?