A year ago my woodworking husband passed away and now I am forced to
sell the tools our son and son-in-law couldn't use. Any idea on how
to price used tools. Fortunately he has an inventory of purchase date
and price of large tools. Example Delta Lathe, bought 1993 for $575
from neighbor, to most recent 2006 Delta Shop Master B.O.S.S spindle
sander for $200. Any ideas would be greatly appreciated.
On Wed, 02 Jul 2008 08:25:27 -0400, email@example.com wrote:
Look at ebay. For equipment in very good working condition expect
50-80% of new cost. In general, the lower the price the faster it
will sell. Delta is considered a decent brand, although less so in
recent years (made in Taiwan/China is not the best). You might give
a better deal for someone buying more than just one item. Quality
hand tools can be expensive and will generally hold their value better
than electrical machines. You may want a trusted woodworker to take
a look at these tools, evaluate the condition, and provide a value
guess that will help give you an idea. Use the local paper
classifieds or Craigslist to get buyers, or you can use an auction.
Forget eBay and consider craigslist instead. What difference does it make what
the equipment might go for in BF, Egypt when you're interested in the prices in
your neck of the woods? The other advantages include:
1) No shipping costs
2) No shipping effort
3) No internet scams
4) It's free
I've bought several things off craigslist. In each case, I read the ad,
contacted the owner via email, made arrangements to inspect the merchandise,
paid them cash for their stuff and then loaded it up to take it home.
Craigslist has a sales category called "tools"... that's where I'd advertise it.
Also, if you look over to the right hand side of their home page, you'll see a
listing of individual states. If you select your state, you'll then see a list
of cities. Each city listed will have its own "tool" category for you to
investigate. That's an easy way to look through a lot of ads; more than just in
your area. Also, make free use of the search function to zero in on lathe ads
so you don't have to wade through all the compressors and table saws to find
what you're really focusing on.
Accept cash only. Avoid any fishy conditions of sale. Make it where is / as is
but demonstrate it works first. Then it's their problem.
Success of all those options is dependent, of course, on being in a
large enough metro area there's either a craigslist operating and/or
enough bodies looking at ebay who are in a reasonable distance...
Neither of which condition holds here; no idea about where OP is...
I can assure you they don't...out of idle curiousity I've looked to see
if there were a local craigslist (wasn't) so even if there are a few
locals who are woodworkers I don't know of, at least one isn't... :)
Actually, the local way I'd suggest is the morning AM station free
call-in buy/sell/swap show. It draws from surrounding communities as
well up to 100+ miles and where they're all even smaller, coming here to
the "big city" is fairly routine.
Not likely the OP is in such a small community, but one just never knows
(and I was bored this AM)... :)
Her ISP is located in Oxnard, CA. That would make the appropriate craigslist
which is Ventura County. There is plenty of activity in the tools category
there... including Oxnard.
If that neighbor is still around and able, I'd suggest asking him to
assess stuff--if he had a lathe, there's a good chance he's got some
knowledge. The thing I see here is that if your husband bought it used
15 years or so ago, it could easily be another 15 years older and be a
very heavy, high quality machine.
I agree w/ others that the eBay thing is difficult to deal with for
large equipment--shipping is a hassle. I've no experience at all w/ the
craig's list phenomenon as in too small a location; there isn't one, but
local would be better.
First off, sorry for your loss. Second - I have bought tools off
Craigslist and was most satisfied with transaction. Just be
aware of what is happening in your area. By that I mean, prices.
You can search for tools and see what people are offering for
similar items (if it's possible).
Can I suggest two other possibilities; Look for a woodworking
group/club in your area. Not sure where you live, but in my
area of the SF Bay, there are 4 or more clubs. Those folks
would probably be a good place to sell items. They have
newsletters, email lists that let members know what's going on.
The other possibility, if you can afford it, is to look to
see if your local high school has a woodworking class and see
if they might be able to use those tools. You could get
a tax deduction for the gift. Also, those instructors might
be helpful in pricing the tools for you.
Good luck and if you need help, stop back here. Perhaps
if you would give a general location of where you live, others
can be more specific with suggestions.
On Jul 2, 8:25 am, firstname.lastname@example.org wrote:
Sorry to hear about your loss. Setting the price is always a trick.
My general rule of thumb is that a used piece of equipment in good
shape should fetch in the neighborhood of half of it's current price.
You might get more, you might get less, depending on the particular
tool, brand, etc.
Ask around if there's a woodworking club in your area. A local
hardwood dealer would know how to contact them. Most woodworking
clubs have several people that make a good part of their lively hood
buying and selling tools. The price they set would generally be on
the low side as they're looking for a bargain, but then again, who
You have to ask yourself if you want to move the tools quickly with
little fuss, or whether you're willing to take your time and have
people coming around kicking the tires and not making a sale.
eBay is not a problem for selling larger tools as there are local
people who scan eBay religiously. Just stipulate up front that the
item is for local pickup. If you list a lot of the tools at the same
time, you might find that someone would be willing to drive quite a
distance if they're getting enough tools at a suitable bargain.
Craigslist is another good avenue. You can post on both eBay and
Craigslist at the same time, but you'll have to mention in your eBay
listing that the tool is available locally and you reserve the right
to end the auction if the item sells outside of eBay.
If you post a list, we can help. Make, model, and condition will be
fine. The group will probably chime in, and you can use the consensus.
Did he post as nospambob? I remember someone here by that name, and I'm
sorry to hear he's passed on. My condolences.
My condolences on your loss, m'am.
I think how I'd approach this is in a number of different ways.
1. Use your inventory of tools (but not nec. the original price) and
compare them to what's being offered on the used lists on the web.
Craigslist, Kijiji, and any other lists that you can think of. To some
extent it doesn't matter if they're local to you or not, long as they're
in the same country. Average out the prices you see for each item and
see if that rings true with you.
2. See if the son and/or son-in-law have a feel for what a reasonable
price might be. They've expressed some interest and may be able to help
3. If getting maximum price is not what you're trying to do, see if you
can find someone who'll take the entire lot. Price per tool will be
lower, but you may be able to sell all of it in one transaction.
4. If money is not figured into it at all, many schools/charities/WW
clubs will gladly take the lot off your hands for you. Many will give
you a tax receipt for it.
I'm sure the other guys have many different ideas, but maybe these will
be able to start you off.
Also, posting the general area you are in might spark some interes
right here. You could also do local auctions on eBay, start it at $1
with no reserve and let the Gods decide.
My condolences as well.
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