as a sales guy I understand personal value and such. I understand my value and his can be different.
... [snip] ...
why would someone else pay 450 for something they can get for 500 brand new with warranty? is there a change they made to make the older ones better ?
so far i'm not seeing a value in buying this used.
Some people look at the cost in totality; ie if there is sales tax, shipping costs, etc.
The unit is right there, no waiting necessary, and is presumably a known good working unit. It's a small thing to most people, but that is not guaranteed if you buy a new unit.
Some people will fight for a $10 discount (as I'm sure you know). What motivates buyers is not consistent from person to person.
Personally, I would agree that this offer is not particularly good value. However, assuming you were willing to take certain risks (warranty) at $375, the question then becomes do you value the warranty more than you value the fifty bucks (assuming he simply won't budge on the price).
Some people will take the fifty bucks.
Again, since you are in the business, I'm sure you understand the dynamics of a deal. If you are not willing to walk from the deal, that usually means you have an emotional interest in the deal, rather than a detached objectivity, and you will tend to overpay.
HiFi can generate emotional attachments; perhaps the $50 off is not such a hot deal but some people might bite none the less, for the wrong reasons. It's just as likely that the seller has an emotional attachment to the player and is being unreasonable, to any buyer.
I'm pretty sure you and I are of the same mind here ... walk.