[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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