Siblings in NAD's Masters range, so they share a design and a house sound. It comes down to power, features and price.
| Area | Better | Why |
|---|
| Power | evenly matched | Effectively the same output - 100W against 100W into 8 ohms is under 1dB, which is not an audible difference in loudness. |
| Grip on hard loads | evenly matched | Both behave much the same into 4 ohms - output barely increases (100W and 100W). |
| Noise floor | evenly matched | Much the same signal-to-noise ratio (90dB vs 90dB). |
| Built-in DAC | evenly matched | Both have a DAC on board with much the same capability. |
| Streaming | evenly matched | The same streaming platforms and services on both. |
| Phono stage | depends | NAD M10 V3 has a built-in phono stage and NAD Masters Series M10 V2 does not. Decisive if you own a turntable, completely irrelevant if you do not - and an outboard phono stage is easy to add later either way. |
| Room to grow | evenly matched | The same expansion options on both. |
| Price | A | NAD Masters Series M10 V2 costs less - $2,499 against $3,199 at list. |
| Watts per dollar | A | NAD Masters Series M10 V2 is the cheaper watt - about $25 per watt against $32. A blunt measure, and it says nothing about how either sounds, but it is the honest one for raw output. |
A NAD Masters Series M10 V2 B NAD M10 V3
depends neither is better in the abstract - it turns on your room, your system or how you will use them. Only specs published for both amplifiers are judged; anything missing on either side is left out rather than guessed.
Which should you choose?
NAD Masters Series M10 V2 has the edge on paper, though not by much. The rows marked "depends" are more likely to decide this than the score is. If you play records, NAD M10 V3 saves you buying a phono stage; if you do not, ignore that row entirely.
What a spec sheet cannot show: how either sounds with your speakers, how the controls feel day to day, and what the app is like to live with - which is where most all-in-one amplifiers are actually won or lost. Power figures are the manufacturers' own and are not measured to a common standard, so treat small differences as noise. If you can hear both, that will tell you more than any row above.