Selling tools, need advice on pricing

   / Selling tools, need advice on pricing #21  
Bottom line is: they're worth what a person is willing to pay for them. If you think they're worth more, then you get to keep them until you find a person who agrees with you (or that you agree with them). Value is not set in stone. Despite what Kelly Blue Book, or an appraiser, or what something else similar sold for, an object has 2 constantly changing values: 1) What it's worth to the buyer; 2) What it's worth to the seller. When the 2 agree you have a transaction. - 2 cents (off soap box now)

No offense to anyone who asks "What's this worth?", but I think Coby has given one of the best answers of all time. I've tried to say this before, but never as well. It reminds me of the Antiques Roadshow and similar programs, where an expert will tell someone what something is worth - but they don't buy it. Items are only worth as much (in dollars) as someone else is willing to pay.

Good luck and take care.
 
   / Selling tools, need advice on pricing #22  
Run a cheap or free add somewhere and feel it out list the price you want and see what interest you get.

Another option but a lot more work for you is to bring stuff you want sell to where the people are. I market for our business at large flea market where all types of people come to buy and sell all kinds of stuff. Considering the new alternative is a lot of Chinese stuff even at the same market I do see a plenty of used contractor tools and equipment for sale there. Decent name brand mechanic and carpenter tools always get a lot of interest as do good yard and garden tools. Sometimes it worth the extra effort.

On the other hand I say you will probably be very fortunate to even get .50 on every dollar you spent. Though a nice used tool box or table saw should be worth those prices.

I got a Ryobi chop saw for $35 last summer He was asking $60 but $35 is what he let it go for 3 people including the seller all commented that the brand new 10" blade on it was worth all the $35 :D

Other tools Makita handheld power planer for $15 and a corded Bosch multi tool for $15.
 
   / Selling tools, need advice on pricing #23  
Maybe a yard sale this spring? Sometimes neighbors combine their stuff they want to sell into one yard sale. If you list the tools in the ad it should attract people who are looking for those items.

Put a price on the tools, be willing to dicker a little and see what happens.
 
   / Selling tools, need advice on pricing #24  
The radial arm saws I see at auction go for $25-30..... everyone wants or has a miter saw or sliding miter saw.. no market for the radial arm saws. As suggested I would look at Craigslist for an idea of prices if you want to sell them yourself. Around here a lot of the auction places are doing 'online only' and that might be the best way to go unless you really want to try and maximize the money you get.
 
   / Selling tools, need advice on pricing #25  
I was offered a sears radial arm saw last year, for free, and I turned it down. I was given a sears table saw, heavy iron thing, and 2 band saws, sears and a delta. I haven't used any of them yet....
 
   / Selling tools, need advice on pricing #26  
I have an interesting cutoff saw Craftsman sold only for a short time many years ago. Often referred to as a siding saw. It's 7 1/2" portable twin beam "radial" compound miter saw with a ten inch stroke and aluminum table was like $225 new. I would probably be very lucky to get $100....more like $75 maybe if that day ever comes :rolleyes:

Though does have some desirable features and I still use it but not as nice as any the newer sliding compound ones IMO. It has just the same general trait any big radial arm has and can walk right over a board if you try to cut to fast!

Found a picture of one online

craftsman saw.jpg

I do prefer a chop style for the short quick cuts.
 
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