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Post by swurveman on Jun 11, 2016 16:06:25 GMT -6
I bought my Elysia Nvelope because my studio partner wanted it. It had just come out and was sold as an even better Transient Designer.. Now, since we're not partners anymore and I rarely use it I can't sell it at 30% off of what I bought it and 57% off list. I'm at the point where I'm not gonna sell it at an even more reduced cost on principle.
So, I'm curious about what people bought only to see it devalue very quickly. If you've been where I am with this piece of gear, it's like throwing money away. Bummer.
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Post by jcoutu1 on Jun 11, 2016 16:27:15 GMT -6
I bought my Elysia Nvelope because my studio partner wanted it. It had just come out and was sold as an even better Transient Designer.. Now, since we're not partners anymore and I rarely use it I can't sell it at 30% off of what I bought it and 57% off list. I'm at the point where I'm not gonna sell it at an even more reduced cost on principle. So, I'm curious about what people bought only to see it devalue very quickly. If you've been where I am with this piece of gear, it's like throwing money away. Bummer. The issue for you is that the 500 series is 500 cheaper new. You can buy a 500 rack, an envelope, a case of beer and still have money leftover before buying the rack version.
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Post by ragan on Jun 11, 2016 16:44:45 GMT -6
Heheh. My like $1800 Digi003 Rack+ (the one with 8 pres) and the like $1700 Black Lion mod that I bought. Whew. Took a real haircut on that one. Worst money I ever spent.
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Post by Ward on Jun 11, 2016 16:51:26 GMT -6
Yeah? I paid through the nose for a Digi002 (with the control surface) which worked with a Mac about as well as a windows copy of MS Word. Then I took a bath trading it for a Digi003 (again, control surface). And now that unit is worth about 25% what I paid for it. I only bought them as a mobile rig with laptop for recording outside sources, choirs etc.
Avid is a lousy investment.
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ericn
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Post by ericn on Jun 11, 2016 16:54:39 GMT -6
Anything that ever connected to the computer!
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Post by ragan on Jun 11, 2016 16:55:25 GMT -6
Yeah? I paid through the nose for a Digi002 (with the control surface) which worked with a Mac about as well as a windows copy of MS Word. Then I took a bath trading it for a Digi003 (again, control surface). And now that unit is worth about 25% what I paid for it. I only bought them as a mobile rig with laptop for recording outside sources, choirs etc. Avid is a lousy investment. Totally. I see Digi00x's sitting forever on Craigslist at like $150-200. One never knows when Avid will decide a piece of hardware they make needs to become obsolete and become a paper weight.
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Post by ragan on Jun 11, 2016 16:56:00 GMT -6
oh...also, 75% of my plugins. Man, if I could have those thousands back...
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Post by indiehouse on Jun 11, 2016 17:13:57 GMT -6
oh...also, 75% of my plugins. Man, if I could have those thousands back... Yeah man. Software resell sucks. I've really been curbing my plugin purchases lately, just because it's such a sinkhole investment.
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Post by ragan on Jun 11, 2016 17:17:59 GMT -6
oh...also, 75% of my plugins. Man, if I could have those thousands back... Yeah man. Software resell sucks. I've really been curbing my plugin purchases lately, just because it's such a sinkhole investment. I've been not buying them too. I should start gifting away these coupons that UAD always throws at me that just expire.
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Post by ragan on Jun 11, 2016 17:19:43 GMT -6
It's funny too because unlike with physical objects, there isn't really a "used" plugin. You don't exactly have to worry about whether the guy you're buying it from treated it well or anything. The 1s and 0s are always mint condition.
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Post by swurveman on Jun 11, 2016 18:07:05 GMT -6
I bought my Elysia Nvelope because my studio partner wanted it. It had just come out and was sold as an even better Transient Designer.. Now, since we're not partners anymore and I rarely use it I can't sell it at 30% off of what I bought it and 57% off list. I'm at the point where I'm not gonna sell it at an even more reduced cost on principle. So, I'm curious about what people bought only to see it devalue very quickly. If you've been where I am with this piece of gear, it's like throwing money away. Bummer. The issue for you is that the 500 series is 500 cheaper new. You can buy a 500 rack, an envelope, a case of beer and still have money leftover before buying the rack version. True. They went from the rack to the cheaper 500 series to the cheaper plug in. They'll never get a dime from me again though. Avid is Exhibit A of how best to lose customers forever though.
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Post by jakeharris on Jun 11, 2016 18:38:30 GMT -6
Pretty much everything I've bought new has been a dodgy investment. Never lost money on used gear, and in some cases, even made a lot of money.
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Post by M57 on Jun 11, 2016 20:38:53 GMT -6
Pro Tools.
I drive my cars into the ground, and have used pretty much every piece of gear I've purchased enough to justify its cost, so that's my criteria for "lost value." I'm not knocking Pro Tools - it is the industry standard, but it was just not the DAW for me. Unfortunately, I had to learn that the hard way ..via hours of trying to learn keyboard short-cuts that I'd promptly forget after a few weeks, and routing and bussing that was just too complicated for this week-end warrior. It just turned into a giant time-suck for me. That's lost value that lost so much value that it goes into the negative $. Mind you, I'm a horrible investor, but I give myself a tiny bit of credit for getting out of PT before the going got tough - not to mention more expensive. I think I had PT 9.
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Post by drbill on Jun 11, 2016 20:56:43 GMT -6
I've MADE more money off of my Avid/Pro Tools Mix / HD/ HDX systems back that I can count. Easily the #1 money maker for the studio's that I've ever had. Certainly more than that MCI 2" that cost a fortune to buy, and two fortunes to maintain. Or the D&R console that's worth 20% of what I paid for it. The only thing that is fairly consistent on holding value is OLD mics.
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Post by ChaseUTB on Jun 11, 2016 20:58:18 GMT -6
Yeah man. Software resell sucks. I've really been curbing my plugin purchases lately, just because it's such a sinkhole investment. I've been not buying them too. I should start gifting away these coupons that UAD always throws at me that just expire. I always let my $25 go to waste. $25 off of $300 + is not enough incentive, then me being on a quad, all the new plugs take a while sharc dam near to run. I can't see paying hundreds and having to workaround dsp limits any longer. Plus native versions of certain UAD plugs are way way way cheaper, even if not on sale. I love UA and UAD but dang we are paying for dsp as well, and we still need a computer for DAW. I bought cheap, then sank more money into said product by modding it only to find out it's still not what I need/ want. Modding defintely doesn't see a $ return. Example a Stephen Paul modded u67 or a regular u67, which is more valuable dollar wise ? Of course the original, un modded 67!
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Post by sopwith on Jun 11, 2016 21:01:25 GMT -6
Well I've learned that anything from Avid/Digidesign more than 3 years old has little resale value compared to the purchase price.
I've actually done ok selling software and plugins second hand; buy during a sale, and try to only buy expensive pieces that are classics or offer a clear upgrade route.
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Post by tasteliketape on Jun 11, 2016 21:03:08 GMT -6
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Post by M57 on Jun 11, 2016 21:14:46 GMT -6
Don't miss the youtube example link at the bottom of the page!
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Post by Johnkenn on Jun 11, 2016 22:26:02 GMT -6
Re-sale does effect my purchasing.
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Post by Guitar on Jun 12, 2016 13:30:11 GMT -6
Most audio interfaces when purchased new. You can lose half or more on resale. Also the plugins that just don't get plugged-in any more. They're still there hiding in the bushes.
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Post by Johnkenn on Jun 12, 2016 13:30:14 GMT -6
The Slate hardware lost value really quickly.
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Post by Johnkenn on Jun 12, 2016 13:30:58 GMT -6
We could probably start another thread for "Software you wished you hadn't bought"
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Post by kilroyrock on Jun 13, 2016 5:57:35 GMT -6
Heheh. My like $1800 Digi003 Rack+ (the one with 8 pres) and the like $1700 Black Lion mod that I bought. Whew. Took a real haircut on that one. Worst money I ever spent. I bought a digi003 and got the signature BLA mod on it too. Thankfully it was all still pretty new, and a guy bought it for what I paid for it, simply because he didn't want to wait 2 months to do it and there weren't a lot for sale.
I think most any prosumer interface gets brutally cheap quickly from what I've found, a shame really. It's almost as bad as buying plugins - the ultimate money sinker.
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Post by kilroyrock on Jun 13, 2016 6:01:24 GMT -6
I've MADE more money off of my Avid/Pro Tools Mix / HD/ HDX systems back that I can count. Easily the #1 money maker for the studio's that I've ever had. Certainly more than that MCI 2" that cost a fortune to buy, and two fortunes to maintain. Or the D&R console that's worth 20% of what I paid for it. The only thing that is fairly consistent on holding value is OLD mics. I bought an HD2 system for 2800, and a 192 for 1600 plus additional AD card for 500.
HD-X was on the horizon, sold the HD2 for 1k, but the 192 held strong at 2k. That was 3-4 years ago I think?
There was also a receipt in the box for the HD2 from the original buyer - $18000... oof. I guess if you have some taxes to write off that may at least get you to a lower tax bracket?
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Post by drbill on Jun 13, 2016 8:39:20 GMT -6
The cost of tools must be measured on how much they make you. A $300 mic that you never use because you don't like the sound or because your clients would rather use your U87 is NOT q bargain - it's a waste of money. Conversely, a very expensive tool (like HDX for instance) that makes you a lot of money is well worth the cost. Only you can figure out what's right for you. All I mentioned is that AVID gear has made me lots of money over the years and paid for itself over and over.
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