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New, the FlatCap 2x was around £565, so £400 used is a strong deal rather than merely fair. It sits just above the £370 25th-percentile mark but well below the £595 median from four recent comparables, making it attractive even without knowing the condition.
This is a worthwhile Naim upgrade: its two independent regulated supplies can support compatible components such as a CD5x and preamp, typically bringing cleaner control, improved dynamics and a more composed presentation. Check that the required SNAIC cables are included, as replacements affect the real value, and confirm both outputs work correctly. If it is tidy and tested, £400 is a buying opportunity for an owner of compatible Naim equipment.
Independent perspective — not a price guarantee. Always verify condition, accessories and provenance before purchase.
Naim Audio, a cornerstone of British hi-fi excellence, traces its origins to 1973 when Julian Vereker, a self-taught engineer, racing driver, and music enthusiast, formally incorporated the company in Salisbury, Wiltshire. Vereker's journey began earlier, in 1969, experimenting with tape recording and sound-to-light boxes before designing his first power amplifier in 1971. Amid the British hi-fi industry's recession, he secured a pivotal contract with Capital Radio, blending entrepreneurial grit with a passion for authentic sound reproduction that challenged conventional wisdom.
The brand specializes in premium integrated amplifiers, power amplifiers, preamplifiers, digital streamers, DACs, and compact music systems, often featuring built-in amplification for streamlined setups. While not delving into speakers—beyond a historical foray—or headphones and turntables, Naim emphasizes modular, upgradable components that prioritize pace, rhythm, and timing (PRaT), a signature sonic philosophy rooted in the "source first" approach alongside contemporaries like Linn.
Naim holds a commanding position in the high-end market, revered by discerning audiophiles for its handmade, innovative systems that deliver emotional musical engagement over mere specifications. Now part of VerVent Audio Group following a 2011 merger with Focal, it exports to over 45 countries, sustaining a cult following for resilient, influential designs that transcend economic cycles.
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