[Woodworkers] Tool Prices

Royce Killion via Woodworkers woodworkers at lists.sawdusters.org
Wed Jul 13 16:12:32 PDT 2016


Here is a value calculator, but it only works for American made machinery...

http://www.monkeybutler.com/valu.html



On 7/13/2016 3:19 PM, Chuck Steger via Woodworkers wrote:
>
> I check craigslist all the time for used tools and it seems to me that 
> people are asking unrealistic prices for used tools. However, maybe 
> it’s just me and I need to manage my expectations. This is a real 
> example (but totally common). A gentleman is selling a Grizzly edge 
> sander and a Grizzly 17” bandsaw. The edge sander is priced 75% of new 
> and the bandsaw is priced MORE than new. Both tools are 9 years old. I 
> see this all the time. People ask close to new prices.
>
> My expectations are the tool should be at least half price if an older 
> model and well used. I’ll use my own PM66 tablesaw as an example (not 
> that I’m selling it). It cost me over $2000 and is well taken care of 
> but is over 10 years old. If I sold that, I would expect to ask $1000 
> or less. I realize just because it is used, doesn’t mean it is in bad 
> shape. So would I be selling myself short (again, not selling J)? Are 
> my expectations over used tools too high?
>
> Another real example: A Grizzly Oscillating Edge sander. New is $1830, 
> the person is asking $1300 for “new, never been used”. So here is a 
> new one for $530 less. I guess I look at it like a car, once you drive 
> it off the lot, it depreciated (plus, no warranty). I saw a DeWalt 
> Scroll saw (well used) for $400. You can buy new for $450.
>
> One argument is you save on shipping (assuming you can go pick it up). 
> In the case of Grizzly, it would cost me ½ tank of gas to go get it 
> since I live in the area (and the people selling are local). Perhaps 
> it’s just me but for close to new price, I’d rather pay the new price 
> and get the warranty.
>
> What say you all? Am I living in a dream world?
>
> Chuck
>
>
>
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