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At US$5,259, this Pass Labs XP-25 listing is a strong bargain compared to the typical used market, sitting well below the median used price for this dual-chassis phono preamp. While the original MSRP was US$10,600, verified used listings for the XP-25 generally range from US$6,500 to US$8,500, with many clean units holding near US$7,500. This asking price falls below the 25th percentile of observed used values, making it an excellent entry point into one of the most respected phono stages available.

The XP-25 is legendary for its ultra-low noise, fully balanced architecture, and precise RIAA correction (+/- 0.1dB), delivering transparency that rivals preamps costing three times as much. Its dual-chassis design with a dedicated power supply minimizes hum and interference, while selectable gain (53/66/76dB) and extensive loading options make it versatile for both MC and MM cartridges. If this unit is in original-owner condition with all accessories and manuals included, it represents a rare opportunity to acquire a top-tier phono stage at a price that defies current market norms.

Independent perspective — not a price guarantee. Always verify condition, accessories and provenance before purchase.

About Pass Labs

Pass Labs, an American high-end audio powerhouse, traces its origins to 1991 when legendary designer Nelson Pass founded the company in his California home workshop. Emerging from his earlier venture with Threshold Electronics, Pass pioneered prototypes of single-ended Class A amplifiers, enlisting collaborator Mike Burley to build custom CNC machines for production. The debut Aleph 0 model shipped in 1992, marking the start of a legacy rooted in pure, innovative solid-state amplification.

The brand focuses intently on a select range of components, excelling in power amplifiers, preamplifiers, integrated amplifiers, and phono stages, all hand-built in Auburn, California. Renowned for minimalist circuits and pure Class A topologies—often blending into Class A/B for efficiency—Pass Labs delivers exceptional warmth, detail, and realism. While they ventured briefly into headphone amplifiers like the HPA-1, their core strength lies in amplification, eschewing speakers, turntables, DACs, headphones, or cables.

Positioned firmly in the ultra-high-end market, Pass Labs commands reverence among discerning audiophiles and professionals for its uncompromising engineering, industrial aesthetic, and emotional musicality. Products embody technical precision with timeless simplicity, sustaining a reputation for quality and innovation that has endured over three decades, making them a benchmark for those seeking transcendent sound reproduction.

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