Unbelievable price hike...

[foosnark]

I mostly just buy and sell used synths and I’ve certainly noticed that secondhand synths are going for more, and selling quicker, in the past few months as retail prices for new items have increased and supply has decreased.

I've found myself having trouble selling stuff on MW. Reverb does okayish, but I'm kind of avoiding selling stuff there now if I can, to keep it under $600 so they don't submit a tax form because of it. Which might be a bit pointless since PayPal is already going to (despite me spending way more on PayPal than I've ever received).

[cryophonik]

Having no room or spare inputs is no excuse for not buying more toys. If you try hard enough you can squeeze in more space and buy another patch bay. It's like like the old adage...when your ashtray's full, you need to buy a new car. If your studio's full, you need a bigger studio. I'm pretty sure it's a law of physics - space will expand to fit more synthesizers.

I like the way you think!

[chk071]

Moog got even more expensive as well.

[vurt]

Moog got even more expensive as well.

can't say it wasn't expected given the supply chain issues then the economy sledging everywhere.

[chk071]

I guess it's not a big issue for them, considering they always have been premium, and rather attract the "shit load of money" crowd. Which, admittedly, is always increasing...

[Shockspoon]

Sequential Prophet REV2-8 - used to be 1299 € list price (if I recall correctly... could have been 1.399 € as well). List price 1.899,99 € now, typical store price 1.799,99 €.

I bought a REV2-16 module the other day, and good part is that it is only €100 more than REV2-8 module.

I looked at REV2-8 module 2019, and it was like you said around €1300. Then 16 voice were like today.

So REV2-16 seems to stay from what it was a couple of years ago.

Incredible value for a 16 voice analog with all the capabilities it has. Dual timbre too, loads of modulation routings, 20+ even - each layer.
True delight to work with.

But there are places where prices go all over, no logic to it at all. 8-voice more expensive than 16 voice etc, I saw somewhere looking around.

But I was lucky, mine was on stock - next delivery from that store is october 7th. So anything can happend with prices till then.

I got the Rev2-16 keyboard version last year. I was a bit annoyed that it had already gone up from ~€1,900 to €2,000. Now it's €2,500 at Thomann.

You can sell it more than what you bought it (if you like to!)

[AdvancedFollower]

Sequential Prophet REV2-8 - used to be 1299 € list price (if I recall correctly... could have been 1.399 € as well). List price 1.899,99 € now, typical store price 1.799,99 €.

I bought a REV2-16 module the other day, and good part is that it is only €100 more than REV2-8 module.

I looked at REV2-8 module 2019, and it was like you said around €1300. Then 16 voice were like today.

So REV2-16 seems to stay from what it was a couple of years ago.

Incredible value for a 16 voice analog with all the capabilities it has. Dual timbre too, loads of modulation routings, 20+ even - each layer.
True delight to work with.

But there are places where prices go all over, no logic to it at all. 8-voice more expensive than 16 voice etc, I saw somewhere looking around.

But I was lucky, mine was on stock - next delivery from that store is october 7th. So anything can happend with prices till then.

I got the Rev2-16 keyboard version last year. I was a bit annoyed that it had already gone up from ~€1,900 to €2,000. Now it's €2,500 at Thomann.

You can sell it more than what you bought it (if you like to!)

Well, now it's €2,700. It's certainly doing better than my equity funds and shares
I'll probably never sell it though.

[chk071]

Absolutely insane...

Well, I guess they're still selling like crazy, if they can do such price hikes.

7 % inflation my ass. How about 70 to 80 %?

[vurt]

Absolutely insane...

Well, I guess they're still selling like crazy, if they can do such price hikes.

7 % inflation my ass. How about 70 to 80 %?

probably not, but it does mean when they bring them down to about halfway between this and the original price for black friday, they will fly out of the door, with everyone thinking they got a bargain.

[kvotchin]

Yeah, not a new thing. Prices have been higher for quite some time now.

One exception used to be Behringer, at least in synth-land, IIRC. Now even theirs are a little higher. Around 10-12%, in some cases, around here.

[vurt]

i don't see an issue with it, they're not essential.
my electric and gas, there i do have an issue with the price doubling, because i can't choose whether or not i need that
im guessing, synth companies will be paying more for the power used for making synths, as well as parts costing more, so i get why they would increase the prices.

[vurt]

doesn't mean im happy paying more, ill just buy less, but i do understand the why.

[kritikon]

Get enough gear and it'll give off enough heat that you won't need to put the heating on. Spend on toys, save on power.
Trouble is that more toys use up more power...there might be a hole in this theory somewhere?

[BONES]

easiest way to reduce pricing on hardware is to refuse to buy it. once they have stock sitting idle they will at least put it on sale to regain some investment. right now retailers and manufacturers are trying to maintain their profit margins.

And if the alternative is going out of business...? There is already only a tiny faction of the number of music shops that there were 30 years ago and you think you can put the screws in without consequences? People gotta make a livin'.

I noticed a few fairly ubiquitous sales very recently - my main supplier's prices all went up as with everywhere else, but they're having sales on a wide range of gear. Probably precisely because they're not selling at these inflated prices.

What I've noticed is that shops and online stores have stopped carrying anything. It all goes on back-order and you have to wait weeks for it. I don't see that as any kind of improvement.

I mostly just buy and sell used synths and I’ve certainly noticed that secondhand synths are going for more, and selling quicker, in the past few months

Good news as I still haven't got around to selling any of mine. Now might be the time.

Having no room or spare inputs is no excuse for not buying more toys. If you try hard enough you can squeeze in more space and buy another patch bay. It's like like the old adage...when your ashtray's full, you need to buy a new car. If your studio's full, you need a bigger studio. I'm pretty sure it's a law of physics - space will expand to fit more synthesizers.

I definitely don't have that problem with music gear but, whilst cleaning up my garage last weekend, I discovered I have another similar type of problem. I was organising all my hiking/camping gear and realised that I now have 6 backpacks, 7 or 8 sleeping bags and 5 tents, plus a boatload of other stuff I don't ever recall buying and have never used. Some of it is stuff I didn't even know existed, yet somehow I own one. It's a bit bloody scary and it's not all cheap stuff, either.

[_morton_]

easiest way to reduce pricing on hardware is to refuse to buy it. once they have stock sitting idle they will at least put it on sale to regain some investment. right now retailers and manufacturers are trying to maintain their profit margins.

And if the alternative is going out of business...? There is already only a tiny faction of the number of music shops that there were 30 years ago and you think you can put the screws in without consequences? People gotta make a livin'.

I think it may become a case of people can't afford the prices, so won't buy anyway. Not a protest, just a reality. More shops will close, and, as you mentioned it will be even more online (less overheads, but not much use if you want to physically try stuff out)