Hi All,
I'm following the discussion about the availability of new Olympia Creminas with interest (see:
Olympia Express in the USA) and wonder how the changes at Olympia will affect the price and market for their used machines. To keep the conversation simple, let's exclude the Maximatics and other early models and consider only the Cremina.
Doug and Barb (a.k.a. Orphanespresso), do you know anything yet about the promised availability of newly manufactured parts for old machines -- also servicing?
So, I wonder whether this will make used Creminas more available?
Would that tend to lower their resale price?
Would it raise the bar on the condition in which we might find them?
Might those values not change much as there's a limited stock out there?
Also, I wonder how it will affect the market for these old machines by having a new and improved version available?
Will the new pricing -- neither higher nor lower than before -- affect the value of used ones?
Or is this all hard to tell without seeing the market respond?
(I hope we do strike oil where we have mineral rights in North Dakota so these questions will be moot!)
Later add:
With all the success at Orphan Espresso, maybe Doug and Barb can launch a reality show like The Apprentice where they hire gnomes to build new toys and service old ones!