If I remember correctly the Linn LP12 cost around £250 in the 1970s and now costs £2500 an increase of 1000%. When most other hifi is now as cheap as chips - equivalently the Marantz 603 would have cost a fiver in the 1970s - why?
marou said:If I remember correctly the Linn LP12 cost around £250 in the 1970s and now costs £2500 an increase of 1000%. When most other hifi is now as cheap as chips - equivalently the Marantz 603 would have cost a fiver in the 1970s - why?
marou said:If I remember correctly the Linn LP12 cost around £250 in the 1970s and now costs £2500 an increase of 1000%. When most other hifi is now as cheap as chips - equivalently the Marantz 603 would have cost a fiver in the 1970s - why?
Andrew Everard said:In 1970 a Ford Escort RS would have cost you around £1750; these days a Focus RS will set you back nearer £30k.
In 1975 an entry-level VW Polo would have cost you £1700; now an entry-level Polo is £10k.
Suddenly that turntable looks good value, doesn't it?
Overdose said:But the auto industry has seen huge improvements in terms of technological advancements and you can still get a half decent 2nd hand car for the price of a new LP12.
I suppose value is relative.
FrankHarveyHiFi said:I remember reading through a very early 70's hi-fi magazine, and the ads in there were stating £78....
Andrew Everard said:Overdose said:But the auto industry has seen huge improvements in terms of technological advancements and you can still get a half decent 2nd hand car for the price of a new LP12.
I suppose value is relative.
I'm sure Linn would tell you that the 2011 turntable represents a huge technological advance over the original, and really comparing secondhand values of one product with the new price of another is something of a red herring.
Overdose said:Analogue hifi really hasn't made that much advancement in technological terms has it? Digital maybe.
Overdose said:And I wasn't the one bringing value into the discussion, it was originally about inflation. You raised the issue of value when you compared the LP12 to a new Polo in terms of price.
Overdose said:Andrew Everard said:In 1975 an entry-level VW Polo would have cost you £1700; now an entry-level Polo is £10k.
Suddenly that turntable looks good value, doesn't it?
The Polo in todays prices would be around £13K using the same inflation calculator I used last time. It has increased from being around a seventh of the price of the Polo in 1975, to around a quarter of the price of the Polo in todays market, So no, the turntable does not appear to be particularly good value, then or particularly, now.
Andrew Everard said:Then again, back in the late 70s, when I bought a pair of entry-level speakers, they cost me around £100. Now you can buy a pair of entry-level speakers for not much more. And a Blu-ray player can now be bought for £80 or so, whereas the first DVD players were around the £500 mark.
Some things have spiralled in price, others less so.
Overdose said:Mmmmm,
3D Tvs spring to mind.
Overdose said:The Polo in todays prices would be around £13K using the same inflation calculator I used last time. It has increased from being around a seventh of the price of the Polo in 1975, to around a quarter of the price of the Polo in todays market, So no, the turntable does not appear to be particularly good value, then or particularly, now.
Having just looked on redherring.com,the price of red herring in the 70's compared to today is damned misleading,despite the piscal advances.(take that as you want)Andrew Everard said:and really comparing secondhand values of one product with the new price of another is something of a red herring.
Ravey Gravey Davy said:Having just looked on redherring.com,the price of red herring in the 70's compared to today is damned misleading,despite the piscal advances.(take that as you want)