RESALE

rlwaggoner

Member
Joined
Oct 24, 2019
Messages
3
Does anyone have any advice on reselling some of the products I no longer need?
I have a domino that has been used twice, and I no longer need it. I had two large hardwood table orders this spring, but I have since stopped building larger items.

For the right value, I also have a Rotex 125, a midi dust collection system, and a track saw that are really just pretty in my shop.
Any and all advice or direction is greatly appreciated!
Ranae
 
Good photos (which means proper cleaning before hand) plus right pricing help you sell quickly. For Festool goods, I usually list them at 30% of the current retail prices (remember Festool prices are going up each year, and so the marked down prices are not as bad as they seem!). Others, at least 50% - 60% off from the current retail prices for similar machines as most of them have been around for at least 10 years.

Often my goal is to get rid of unused tools or things to recover space, so pricing can be a secondary consideration. E.g., I had given away bikes free. After assembling my SawStop, I sold my Ridgid saw to a high school kid for $200 (Retail $600?). I needed the space.
 
Thank you!!! I will take photo. The equipment is all very clean, again, only used a few times. Any direction on accessing the classifieds on here?
 
At the bottom of the OFF-Topic section is the Classifieds. 

As long as you are logged in.
 
ChuckM said:
Good photos (which means proper cleaning before hand) plus right pricing help you sell quickly. For Festool goods, I usually list them at 30% of the current retail prices (remember Festool prices are going up each year, and so the marked down prices are not as bad as they seem!). Others, at least 50% - 60% off from the current retail prices for similar machines as most of them have been around for at least 10 years.

Often my goal is to get rid of unused tools or things to recover space, so pricing can be a secondary consideration. E.g., I had given away bikes free. After assembling my SawStop, I sold my Ridgid saw to a high school kid for $200 (Retail $600?). I needed the space.

I hope that’s a typo and you really meant 30% below retail rather than 30% of retail.
 
Eagle eye, Michael. I meant 30% off, or 70% of the current retail prices. My CT26 and TS75 were gone in hours with that kind of asking price...and I actually did not suffer any loss (not to mention that I had used them).

The only item that I might incur a loss if I sold it is the Kapex (4 years old). But there's no such plan whatsoever.
 
For market resale price look on eBay. Go to Advanced Search option, type in your item and limit search to Sold Listings.
For your virtually new Domino, I'd start at 10-15% below retail. Lower, if it's out of warranty.
If you sell via eBay (vs Classified), keep in mind that buyer will have to pay tax on top of the price.
 
I am always updating my tool inventory.  When I sell a Festool I ask 75 % of retail.  We have a 15 % sales tax in Nova Scotia so I point out a 40 % saving.

I am sure I recoup what I paid for the tool.

All good until I buy a replacement tool at today’s high prices.  Keeps my tools up to date mind you.

Happy New Year everyone !
 
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