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Price of second hand 3550 dropped?

Discussion in 'General Cisco Certifications' started by phatboy, Jul 16, 2008.

  1. phatboy

    phatboy Nibble Poster

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    Hi
    About 3 months ago I brought a second hand Cisco 3550-24 switch for £400, which was about the going rate.

    I am now going to sell it because I have access to a lab at work.

    The going rate now seems to be about £250!

    Why would the price have suddenly dropped?! is it credit crunch, or something more to do with networking.

    Im quite disappointed really!

    Thanks
     
    Certifications: CCNA R&S, CCNA Security, CCNA Voice, CCA 5.0, MCP 70-290 70-270 70-431
    WIP: CCNP R&S, CCNA Wireless
  2. Fergal1982

    Fergal1982 Petabyte Poster

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    all electronic equipment devalues over time. Just like cars, etc.

    Hell, you cant even expect to buy a book and sell it on for the same money.
     
    Certifications: ITIL Foundation; MCTS: Visual Studio Team Foundation Server 2010, Administration
    WIP: None at present
  3. phatboy

    phatboy Nibble Poster

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    Yes, but a devaluation of 30% in 3 months is pretty bad and is more than I'd have expected really
     
    Certifications: CCNA R&S, CCNA Security, CCNA Voice, CCA 5.0, MCP 70-290 70-270 70-431
    WIP: CCNP R&S, CCNA Wireless
  4. BosonMichael
    Highly Decorated Member Award

    BosonMichael Yottabyte Poster

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    It's all supply and demand. When new models are released, old models begin to glut the used market, and the price drops. Sometimes you just get hit with bad timing. It happens.
     
    Certifications: CISSP, MCSE+I, MCSE: Security, MCSE: Messaging, MCDST, MCDBA, MCTS, OCP, CCNP, CCDP, CCNA Security, CCNA Voice, CNE, SCSA, Security+, Linux+, Server+, Network+, A+
    WIP: Just about everything!
  5. CheeseOnToast

    CheeseOnToast Nibble Poster

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    Aren't the 3550s coming up end of sale/life soon ?
    One of our clients has a load of them and I'm sure they are not far off, could possibly be a reason..
     
    Certifications: ITIL Foundation
    WIP: CCNA

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