Strange business niche - selling discontinued projectors for astronomical prices on Amazon?? - AVS Forum
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post #1 of 12 Old 03-22-2014, 06:24 PM - Thread Starter
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Has anyone noticed a weird phenomenon - old electronics long discontinued being available for purchase, new, on Amazon, for insanely high prices?

For example, an outfit called "Moe's AV" has the Joe Kane Samsung SP-A800B listed at $8,000. Another company called "crawford's superstore" has it at $9,000. Crawford also has Joe Kane's 720P model at $3,000.

I messaged Moe's, and actually got a reply saying he wouldn't take less than $8,000 for this six year old 1080p DLP projector.

I only see this phenomena on Amazon. Continuing with more evidence, the Oculus Rift virtual reality headset (developer kit) was available at $300 direct from the manufacturer while it was listed on Amazon at over $900.

Is this a viable business? Does anyone click and buy electronics at 300% of their market value?

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post #2 of 12 Old 03-23-2014, 07:41 AM
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I've emailed Crawford's a couple times and it appears to me they are a scam business with no physical location and no inventory. Moe's looks to be the same. Why Amazon allows these sellers to remain is a good question.
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post #3 of 12 Old 03-23-2014, 01:39 PM
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I have seen this at various outlets for years. To a large degree I think they exist over the entire life of the product but simply become obvious when everyone else has closed-out the model and moved on. That or they pick up discontinued products for pennies on the dollar and try to make a killing. Sell one and make $3,000 or sell 30 and make $100 per sale? Based on their volume I'm sure they need their margins. :) 


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post #4 of 12 Old 03-23-2014, 03:54 PM
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Factor in the "dumb" rich or "Men who, though clever at making money, would be easily duped and controlled" as stated in Intolerable Cruelty, add "I hate computers" and over 65 and they make a living in a neighborhood with the right demographic, the many active young in spirit seniors who participate here excluded of course!

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post #5 of 12 Old 03-23-2014, 07:53 PM
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Quote:
Originally Posted by StevenC56 View Post

I've emailed Crawford's a couple times and it appears to me they are a scam business with no physical location and no inventory. Moe's looks to be the same. Why Amazon allows these sellers to remain is a good question.

Those two stores have been reported to Amazon many times and Amazon does nothing about it. Amazon does not care, just as long as they get their cut.

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post #6 of 12 Old 03-24-2014, 05:01 AM
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Just to play devil's advocate.

Those prices aren't "that" bad. MSRP on the Samsung was $9,999 (according to PJC). As a reference, MSRP on the Planar 8150 was $7999 and it's still being sold (as the Runco LS5) for roughly the same street price as it was when the Samsung was out.

Yes, they haven't really caught up with the times I suppose, but it's not like they're still selling it for more than list. And despite being 6 years old, it's not like DLP tech has advanced a lot since then. Prices for high end DLPs really haven't dropped in the past 6 years despite the technology being largely stagnant.

As for the Oculus Rift, it's not clear exactly what you're saying, but you can't buy it anymore, so I can see it going for a premium on a 3rd party site.

As for is it just Amazon, Ebay is just as bad, if not worse, with people selling (and buying) things for more than they sell for through "official" channels.

See what an anamorphoscopic lens can do,
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post #7 of 12 Old 03-25-2014, 10:32 AM
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They may be making sales to business customers who, for a variety possible reasons, absolutely must replace a broken unit with a new identical unit. Sometimes the cost to spec-out a replacement is significantly greater than just buying an over-priced, obsolete unit that is known to be fit for purpose instead.

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post #8 of 12 Old 03-25-2014, 03:26 PM
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Quote:
For example, an outfit called "Moe's AV" has the Joe Kane Samsung SP-A800B listed at $8,000. Another company called "crawford's superstore" has it at $9,000. Crawford also has Joe Kane's 720P model at $3,000.

Maybe there is a collector's market now for " vintage " projectors ! wink.gif

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post #9 of 12 Old 03-25-2014, 05:18 PM
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Quote:
Originally Posted by JerryW View Post

They may be making sales to business customers who, for a variety possible reasons, absolutely must replace a broken unit with a new identical unit. Sometimes the cost to spec-out a replacement is significantly greater than just buying an over-priced, obsolete unit that is known to be fit for purpose instead.

Nah, just trying to rip off an unsuspecting Joe Blow.
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post #10 of 12 Old 03-25-2014, 07:25 PM
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Quote:
Originally Posted by Craig Peer View Post

Maybe there is a collector's market now for " vintage " projectors ! wink.gif

I always wanted a Qualia 004 since it was a pioneering projector for it's time. The cool factor is high, 95 lbs of mass, etc. Then I saw the insane price for the replacement lamps

http://www.ebay.com/itm/Sony-LMPH-700-Qualia-004-lamp-New-in-the-factory-box/121287419085

The 600/1100 lamps even at full retail look like a bargain

My 1100 will be vintage by the fall, your lumis is an antique!! biggrin.gif


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post #11 of 12 Old 03-26-2014, 07:06 PM
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Quote:
Originally Posted by zombie10k View Post

I always wanted a Qualia 004 since it was a pioneering projector for it's time. The cool factor is high, 95 lbs of mass, etc. Then I saw the insane price for the replacement lamps

http://www.ebay.com/itm/Sony-LMPH-700-Qualia-004-lamp-New-in-the-factory-box/121287419085

The 600/1100 lamps even at full retail look like a bargain

My 1100 will be vintage by the fall, your lumis is an antique!! biggrin.gif

If you have more than two projectors and some of them are more than three years old, then you have a vintage collection. Dog years are 7 to 1. Projector years are 10 to 1. smile.gif

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post #12 of 12 Old 03-30-2014, 08:45 AM
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Here's a link to an old model but new Panasonic AE 1000 selling for $4,000! Here's the good news -- free shipping. biggrin.gif

http://www.amazon.com/dp/B000MJD43Y/ref=asc_df_B000MJD43Y3065758?smid=A3LWB3F8S78R2Z&tag=nextagusmp0351359-20&linkCode=asn&creative=395105&creativeASIN=B000MJD43Y
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