Opinions Please

Do you need any more items? ;^)

JB wrote:
>
> Hello to all,
>
> After many years of adding machinery and equipment to my collection, it
> might be time to sell some items. I just have too much machinery in my
> garage.
>
> I am asking what the following pieces of equipment in new condition should
> be priced at.
>
> General (made in Canada) Model 130 Planer (like new, used once)
>
> Delta Model 43-379 3HP shaper (never used)
>
> Delta Model 46541P Cabinet, Variable Speed Wood Lathe (used twice)
>
> These machines are in excellent condition. I am selling them because I do
> not use them and they are taking up valuable space.
>
> I am located in Central New Jersey.
>
> I also have an old Walker Turner 14" Wood/Metal Bandsaw in good condition
> that I am thinking of selling. It has a 2 speed transmission which makes
> this a perfect bandsaw for wood and metal.
>
> All these items are single phase machines.
>
> Thanks for the help.
>
> Joe

Unfortunately, used equipment goes for not much different price no
matter how much it is or isn't used (assuming not abused). You may get
a little bit of a premium over "run of the mill", but I'd doubt you'll
get much over 50-75% of new for any of it--it just doesn't bring more as
there's typically too much around to compete.

"Duane Bozarth" <[email protected]> wrote in message
news:[email protected]...

> Unfortunately, used equipment goes for not much different price no
> matter how much it is or isn't used (assuming not abused). You may get
> a little bit of a premium over "run of the mill", but I'd doubt you'll
> get much over 50-75% of new for any of it--it just doesn't bring more as
> there's typically too much around to compete.

I agree. The real big difference between new and used, assuming the
manufacturer has not had a huge drop in quality, is the warranty. A two
year warranty from Jet or other name brand product is worth a lot because
they back it with customer service and no cost parts replacement. A used
product without the warranty should justifiably sell 30-40% below new price
because you are not selling what came with the new product. A lot of used
equipment sellers throw in some good accessories (quality saw blades,
expensive jigs and templates, etc) to raise the price and that often
represents a fair deal for the buyer.

Bob

"dadiOH" <[email protected]> wrote in message
news:rwR0f.3513$aO1.2053@trnddc05...

> new range, rarely below 60%. I've even seen auction sales where
> something sold for more than new. Go figure...

I recently paid near new price for a disk-belt sander because I thought it
was a good deal. My reference new price was Amazon.com. I later learned
Amazon's price was 80% higher than home depot/lowes. I felt taken and
learned a hard lesson - check prices at multiple sources to be sure. I
think Amazon's price was incorrectly posted.

My point is that I think people sometimes pay more than new because of
ignorance. Nobody wants to feel like they have been taken.

Bob

JB wrote:

> I am asking what the following pieces of equipment in new condition
> should be priced at.

A lot depends on where you are. In my area, wages are low and there are
lots of workmen; consequently, used prices are often in the 75%-85% of
new range, rarely below 60%. I've even seen auction sales where
something sold for more than new. Go figure...

--
dadiOH
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