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The Lyr 3 has a solid reputation as a punchy, flexible hybrid headphone amp with enough drive for demanding cans, so a clean used one at US$400 is a strong deal versus the usual used market. With a recent median of US$440 and a 25th percentile of US$400, this sits at the low end of fair and effectively into bargain territory if it’s complete and working properly.
That makes it an attractive buy for someone who wants Schiit’s big, lively presentation without paying new-price money. The real value here is in the amp’s versatility and the fact that it’s already a proven favorite for rolling tubes and driving a wide range of headphones well. At this price, the main things to confirm are condition, included power supply, and whether any tube or stock accessory is part of the deal.
Independent perspective — not a price guarantee. Always verify condition, accessories and provenance before purchase.
Schiit Audio: Brand Overview
Schiit Audio is an American audio company founded in June 2010 by Jason Stoddard and Mike Moffat, two veteran engineers with deep roots in the high-fidelity industry. Based in California with manufacturing operations in Texas, the company emerged from a shared vision between its founders—who had reconnected after years in separate audio ventures—to democratize desktop hi-fi. The name itself, deliberately provocative, reflects Stoddard's irreverent approach to a traditionally buttoned-up market, born from his wife's exasperated suggestion during late-night garage sessions.
The company specializes in personal audio components, with a product portfolio spanning digital-to-analog converters (DACs), headphone amplifiers, preamplifiers, and integrated amplifier-DAC combinations. Schiit's first product, the Asgard headphone amplifier, launched in 2010, followed by the Bifrost DAC in 2011. The lineup ranges from entry-level pieces starting around $99 to premium offerings exceeding $2,000, with the company positioning itself as a leader in direct-to-consumer audio sales.
Schiit occupies a distinctive position as an accessible yet credible player in the audiophile market. Rather than pursuing ultra-premium positioning, the company has built its reputation on delivering genuine sonic performance at consumer-friendly prices—a philosophy its founders describe as trying to "out-cheap" each other. This strategy has resonated strongly; the company has grown substantially since inception, operating from a dedicated 15,000-square-foot facility and maintaining a reputation for transparency, quality engineering, and genuine engagement with the audio enthusiast community.
See all Schiit Audio listings on RADAR.
![[Mint] Schiit Midgard Balanced Headphone Amplifier](https://i.ebayimg.com/images/g/q1AAAeSwmuxqriII/s-l225.jpg)
