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This is a buyer’s market for this kind of vintage preamp, and US$140 lands in the fair-to-slightly-strong zone against a US$120 median and US$168 75th percentile. It’s not a steal, but it’s still comfortably below the “ambitious” tier and close enough to normal used-market value that a clean unit can make sense.
The P-3160 is worth chasing because Onkyo’s better preamps from this era are typically straightforward, neutral, and easy to live with, with enough refinement to anchor a solid two-channel system. If the listing is truly clean and includes the basics, that helps the case; at this price, you’d mainly want confirmation that all functions work quietly, controls aren’t scratchy, and the unit hasn’t been heavily serviced in a way that suggests deeper wear.
Independent perspective — not a price guarantee. Always verify condition, accessories and provenance before purchase.
Onkyo traces its roots to postwar Japan, founded in 1946 in Osaka by Takeshi Goda, an engineer at Matsushita Electric who envisioned high-quality Japanese loudspeakers. Initially established as Osaka Denki Onkyo K.K., the company began production in 1948 with the acclaimed ED-100 speaker featuring a 25 cm driver, quickly building a reputation through LP concerts and innovative designs that resonated with audiophiles.
The brand excels in premium home audio, renowned for AV receivers, hi-fi amplifiers, and surround sound speakers that deliver exceptional clarity and power. Its portfolio spans turntables, DACs, headphones, and cables, bolstered by acquisitions like Pioneer's home electronics division in 2015, enabling cutting-edge integrations such as internet radio and high-resolution streaming.
Onkyo holds a solid mid-tier position in the hi-fi market, prized by discerning buyers for reliable performance and value rather than ultra-high-end exotica. Despite bankruptcy challenges in the late 2010s, its revival under new ownership preserves a legacy of technological innovation and pure sound enjoyment, appealing to both vintage enthusiasts and modern home cinema setups.
See all Onkyo listings on RADAR.
