Naim price increases April 30th

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..

Original Post

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...

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...

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.                                                                                          

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?

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.

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.

 

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 

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.  

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.       

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..

Japtimscarlet posted:

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..

So presumably you’ll be selling your 272 based system and purchasing Chord?

ChrisSU posted:
KRM posted:

We had a price increase in January in the UK. Does the April increase apply here, I wonder?

If least year is anything to go by, we'll get both 

Yes, but last year we had the post-Brexit increase. That was a result, in large part, of the weakened £ which should now have worked through the system.  I assumed they had moved the date to January. 

KRM posted:
ChrisSU posted:
KRM posted:

We had a price increase in January in the UK. Does the April increase apply here, I wonder?

If least year is anything to go by, we'll get both 

Yes, but last year we had the post-Brexit increase. That was a result, in large part, of the weakened £ which should now have worked through the system.  I assumed they had moved the date to January. 

Yes, AFAIK, the 'traditional' April 1st price rise was moved to January 1st; whether that rules out yet another rise, however...

Perhaps something official from Naim might clarify the situation?

Alba1320 posted:
KRM posted:
ChrisSU posted:
KRM posted:

We had a price increase in January in the UK. Does the April increase apply here, I wonder?

If least year is anything to go by, we'll get both 

Yes, but last year we had the post-Brexit increase. That was a result, in large part, of the weakened £ which should now have worked through the system.  I assumed they had moved the date to January. 

Yes, AFAIK, the 'traditional' April 1st price rise was moved to January 1st; whether that rules out yet another rise, however...

Perhaps something official from Naim might clarify the situation?

AFAIK, pricing outside of the UK (the USA in this instance) is not down to Naim but rather the distributor. 

As for Naim's UK business (in the UK Naim manage their own distribution), I'd imagine that like any other distributor  they reserve the right to alter their recommended retail pricing as and when there's a need to do so.  They do generally try to give their dealers a bit of prior warning though...

Hungryhalibut posted:

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

I owned it before they became ropey. ( I have no idea what ropey means, but  assuming it can't be good). 

Not painting naim as a villain here - just that they need to get their costs under control. I want my next piece to be naim and not chord, but at current rate...

I'd certainly audition the chord Dave before and the nd555. If the prices were competitive, I would have had an order in for the nd555 already.

For tech that's going to be obsolete before I bring it him, no way those prices make sense.

 

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