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Post by Priapulus on Jan 13, 2014 11:04:39 GMT -5
Right now xmc-1 40% coupons seem to be trading at about $250. But if the XMC-1 actually arrives their price should jump to about $600. If you believe the XMC-1 will arrive Valentine's day, than a prudent investor would be accumulating cheap 40% coupons now, to sell later...
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Post by repeetavx on Jan 13, 2014 11:48:00 GMT -5
Your right. Thankfully I already have a 40% discount card. But at these prices it's tempting to get another. Whether or not I get a XMC-1 ($800 off, probably not) or a RMC-1 ($1200 off(?), planning on it now), the question becomes how many times can you redeem 40% cards? If Emotiva is tolerant, then it might be prudent to have a couple.
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Post by paintedklown on Jan 13, 2014 11:54:09 GMT -5
I see this as a really bad inevestment idea. However, I could be wrong, but I don't think coupons have a lot of "cash value". To be honest, I am surprised they sell for $250 even...but hey, I could very well be 100% wrong...
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Post by monkumonku on Jan 13, 2014 12:00:14 GMT -5
I see this as a really bad inevestment idea. However, I could be wrong, but I don't think coupons have a lot of "cash value". To be honest, I am surprised they sell for $250 even...but hey, I could very well be 100% wrong... But if you think about it - if you can save $800 using that card (assuming the XMC-1 is $2,000 list price) then if you could buy a $800 savings for $600, economically speaking, why wouldn't you? The only reason for not doing so is if you can't trust the seller of the card, or if you wait until the processor's price is lowered. If you want to be an early adopter, however, then it would make sense to buy a card off of someone.
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Post by paintedklown on Jan 13, 2014 13:19:45 GMT -5
I see this as a really bad inevestment idea. However, I could be wrong, but I don't think coupons have a lot of "cash value". To be honest, I am surprised they sell for $250 even...but hey, I could very well be 100% wrong... But if you think about it - if you can save $800 using that card (assuming the XMC-1 is $2,000 list price) then if you could buy a $800 savings for $600, economically speaking, why wouldn't you? The only reason for not doing so is if you can't trust the seller of the card, or if you wait until the processor's price is lowered. If you want to be an early adopter, however, then it would make sense to buy a card off of someone. yeah, I can see that. I really can, and I think most loungers would be trustworthy, as far as you actually getting a card in the mail, but I just have a difficult time with placing cash value on a coupon. That's just me though, and I can certainly see why these would be valuable to some.
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Post by monkumonku on Jan 13, 2014 13:39:29 GMT -5
But if you think about it - if you can save $800 using that card (assuming the XMC-1 is $2,000 list price) then if you could buy a $800 savings for $600, economically speaking, why wouldn't you? The only reason for not doing so is if you can't trust the seller of the card, or if you wait until the processor's price is lowered. If you want to be an early adopter, however, then it would make sense to buy a card off of someone. yeah, I can see that. I really can, and I think most loungers would be trustworthy, as far as you actually getting a card in the mail, but I just have a difficult time with placing cash value on a coupon. That's just me though, and I can certainly see why these would be valuable to some. I feel the same way you do. The cash value really depends on the marketplace - if everyone is out there selling them for $200-$250, then someone would be hard pressed to get $600 for theirs unless they found a buyer who didn't bother to do any research on the matter (i.e., found a sucker). The best thing would be for everyone to conspire to fix the price at $500 or $600 but aside from being illegal, it would also be more likely that you'd get people cutting the price since the cards are really just a commodity and there are too many cards out there for sale to try and do any price fixing (except for someone buying up the existing supply then jacking up the price.. but the more cards that person buys, the more cards will be issued that will slip through their fingers).
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Post by PGT on Jan 13, 2014 13:53:14 GMT -5
I think you'd have a better return buying a card, buying an XMC-1 with it and selling the XMC-1 on eBay or Amazon vs. trying to resell the card here. - Sometimes the terseness of my reply can't be blamed on my phone.
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stiehl11
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Post by stiehl11 on Jan 13, 2014 14:16:51 GMT -5
The people who will be buying the XMC-1 first will be the ones that already have 40% off cards or the 25% off for life discount. Obviously if you already have a 40% off card you can't double dip. If you already have the 25% off for life then having the card would only net you an additional $300 in savings. One could even buy a UMC-200 at full price ($699), receive 25% off the XMC-1 ($500 off the cost) and sell the UMC-200 new in box for $400 and save the same amount of money as buying a card for $600. Realistically, look for these cards to be trading for $250 to $400 after the XMC-1 comes out. Yes, there'll be a lot of people trying to sell theirs for $600, and a few may even sell at that. But not many people are going to buy one for more than 50% of what they're looking at saving. If I'm wrong then I might just look at selling one of my extra ones.
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klinemj
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Post by klinemj on Jan 13, 2014 16:06:48 GMT -5
And here's a wildcard...what if the XMC comes out for $1999, then price drops like it did on the DC-1 (and UMC-200, I think also has a price drop early on). If one speculates on the value of the XMC and links the upgrade card to it, what the card might be worth initially would be more than it would be later.
Mark
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stiehl11
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Post by stiehl11 on Jan 13, 2014 16:20:58 GMT -5
Exactly, Mark. If the XMC-1 prices at $2,000 but is "on sale" for $1,800 then the cost to the bearer of the 40% off card is still only $1,200 but the savings is now only $600 (or the asking price of the card). It's also possible that after the initial wave of buyers (most using their 25% and 40% off rebates) has passed, Emotiva drops the price of the XMC-1 to somewhere in the neighborhood of $1,600 to $1,800; making the value of the 40% off card as little as $640. But, that's the risk/reward of a free-market society. Or, as Gordon Gecko said, "Fools and their money are lucky enough to get together in the first place". Luckily, it doesn't look like Emotiva is getting out of the processor business (or going tits up) anytime soon so I'll be able to use my cards (yes, plural) as I originally intended.
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Post by Priapulus on Jan 13, 2014 16:21:55 GMT -5
I fully expect the price to drop to $1,499, once the 40% cards are redeemed. Someone ran the math and figured out the consequences of the 40% cards, hence the price jump... Just like the UMC-200.
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Post by danny01 on Jan 13, 2014 16:44:25 GMT -5
Maybe there are more cards out there than quantity of XMC1s demanded. One was included with EVERY UMC1. The only way the value would approach 40% of the XMC's mark is if the XMC's sales number approach those of the UMC1.
Sent from my HTC6500LVW using proboards
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Post by PGT on Jan 13, 2014 16:52:46 GMT -5
You can't use the card on top of a sale price...it has to be off the normal price. It was nearly the same price to buy a UMC-200 during the holiday sale as it was to use the discount card. - Sometimes the terseness of my reply can't be blamed on my phone.
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klinemj
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Post by klinemj on Jan 13, 2014 18:11:45 GMT -5
PGT...I was not speculating on a sale price but rather a permanent drop. Recall that the DC-1 started high ($899?), quickly dropped to $699, then went on sale for $499 but that now appears permanent.
As far as how many XMC's will be sold vs. UMC-1's...I am betting more will be sold. It will appeal to any even broader audience in addition to many who bought the UMC-1 is my bet.
Mark
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Post by knucklehead on Jan 13, 2014 19:27:36 GMT -5
PGT...I was not speculating on a sale price but rather a permanent drop. Recall that the DC-1 started high ($899?), quickly dropped to $699, then went on sale for $499 but that now appears permanent. As far as how many XMC's will be sold vs. UMC-1's...I am betting more will be sold. It will appeal to any even broader audience in addition to many who bought the UMC-1 is my bet. Mark Its typical of any new product to remain at or very near MSRP as long as the items are flying off the warehouse shelf. Its also typical to lower the price when sales bottom out and the shelves are full. This happens after the 'brand fans' have theirs. Tougher sales may be ahead. We've seen this in everything Emotiva sells outside of the amplifiers which IMO are a bargain at MSRP. After a holiday sales event they go right back to MSRP. Processors? Not so much. Speakers? The XRT 5.2s remain at the holiday sales price. UMC-200? Holiday sales price. Research used prices for UMC-1/-200. For a processor that started off life at $699/$799 its been a short run IMO. Used UMC-1's can be had on ebay for $300 and free shipping. While it may take a while for the XMC-1 to bottom out sales I believe they will - $1499 or even $1299 might be the sales price - and the price we see it at for its entire run. But I might be wrong. Now how much is that discount card worth? If you have to be at the front of the line to get your XMC-1 the discount card might be worth $800. Just remember its only worth 40% off at full price. Which is why I sold both that I owned.
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