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Buyer’s market here: US$95 is a touch above the lower end of the recent used comps, but still fair for a working AVR-589 with no issues. One sold listing sits at US$39.98, while another marketplace example was US$95; that puts this ask around the practical middle of the model’s current used band rather than in bargain territory.

What makes it worth a look is that the AVR-589 is a straightforward 5.1-channel Denon with the brand’s usual solid build and easy home-theater utility for a secondary room, garage, or modest surround setup. At this age, the real value is in a clean, fully functional unit with the remote, setup mic, and power cord if it’s included; if those are missing, I’d want a lower price, but a complete, working example at US$95 is still a reasonable buy.

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

About Denon

Denon traces its origins to 1910, when American entrepreneur Frederick Whitney Horn founded Japan's first audio equipment company, Nipponophone, initially focused on gramophones and records. The Denon brand emerged in 1939 from the merger of Japan Denki Onkyo—combining "den" for electricity and "on" for sound—with other entities, marking a shift toward professional audio development. This heritage includes pioneering Japan's first professional disc recorder in 1945, used to capture Emperor Hirohito's voice, and launching the nation's first long-playing records in 1951.

The brand excels across a broad spectrum of hi-fi categories, from amplifiers, turntables, and tuners to loudspeakers, cassette decks, and phono cartridges. Denon's innovations extend to digital frontiers, such as the world's first practical PCM recorder in the early 1970s, the inaugural CD player in 1981, and early home theater systems with Dolby Digital in 1995. Today, its lineup encompasses AV receivers, headphones, wireless streaming solutions like HEOS, and high-channel processors, blending professional-grade components with consumer accessibility.

Denon holds a commanding position as a mid-to-high-end mainstay in the hi-fi market, revered for its blend of technological firsts, robust build quality, and balanced sound signatures that appeal to discerning enthusiasts. No longer a vintage collector's niche, it competes confidently against premium rivals, backed by over a century of audio leadership and strategic partnerships like its merger with Marantz.

See all Denon listings on RADAR.

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