Quote:
Originally Posted by
sfernald
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Are we expecting prices of used synths to start going up soon due to tariffs? Is the next six months maybe a good time to sell off some stuff?
Anecdotally I’ve already seen prices jump in the US at some retailers, some imported things sell out, for example an UDO Gemini I was watching sold immediately after the impact %s were announced and stock is down to a few total in the US at retailers for that synth.
While lower end / cheap stuff might be sold off by people to get some cash the high end or rare items could go up quite a bit especially if things stick around.
It’s hard to predict what will happen in the future but for certain things that are already scarce if you’re on the fence, want something, and importantly have the budget for it now might be a reasonable time to buy, which could mean that it will become more lucrative to sell later this year if things get even more scarce.
I occasionally import things that are rare / hard to come by and I don’t know where to even begin doing the calculus now. Like a lot of people I probably won’t be buying from overseas markets for a while, but I do have something being built for me from Japan and it’s already paid off …now I get to pay hundreds in import costs I was not prepared for, the guy hand builds the electronics he can’t possibly eat the cost.
I disagree that large corporations are going to absorb the costs unless they are absolutely massive and have regular operating margins of a low % like B, I actually expect Korg etc. to raise prices if the tariffs last a while.
Companies depend on healthy margins to stay operational and there are capital requirements for things like payroll and future billings, plus they need to provide value for shareholders if they’re publicly traded.. I’ve worked for about a half dozen CFOs and absolutely none of them would have eaten a double digit cost like that unless there was a direct ROI path to greater profits which will be a hard pill to swallow.
Instead in the event of a protracted trade war I’d bet retail prices will rise, sales may slow due to that once they do, layoffs may follow to reduce overhead costs etc. It’s going to get pretty messy if this isn’t all very temporary and the used market may go nuts once scarcity sets in.
But this is all hypothetical, predicting the future is impossible and things could change in a couple weeks, or we could look back on this and wonder where all of the “In Stock” items went and be stuck paying inflated prices for used gear again.
Interesting times ahead, enjoy the music making is my advice.
Life is too short for what-if’s, but I am biased saying that with a synth in the mail!