Things are bad. Real Bad. The economy I mean. I've never seen anything like the fear I see now. An armada of container ships outside Singapore with nothing to load, major companies announcing sales declines of 50% in a single month, well known retailers not just going bankrupt but forced to liquidate due to no financing (linen 'n things, Circuit City, Goodies). Not only has credit frozen up, but consumer spending is now frozen. And that's much worse for the economy.
So, just today, I log in to CL and find two different sellers trying to move six Festools. I've seen increased activity on eBay lately too. I think we will soon see a lot more Festools on CL and eBay. Festools are a "discretionary" item. Yes, they are great and I covet them..oh how I covet thou. But substitute goods exist that will transform wood for a lot less money. And, more importantly, Festools preserve their value. Consequently, it's one of the first things I would sell if I needed money because I don't have to take a big loss. I see people all the time trying to sell a Festool for 80% of retail. Sometimes, it's not even the current model. Heck, for 20% more, I'd upgrade ANYTHING I own just to get the latest design and new warranty.
So, just today, I log in to CL and find two different sellers trying to move six Festools. I've seen increased activity on eBay lately too. I think we will soon see a lot more Festools on CL and eBay. Festools are a "discretionary" item. Yes, they are great and I covet them..oh how I covet thou. But substitute goods exist that will transform wood for a lot less money. And, more importantly, Festools preserve their value. Consequently, it's one of the first things I would sell if I needed money because I don't have to take a big loss. I see people all the time trying to sell a Festool for 80% of retail. Sometimes, it's not even the current model. Heck, for 20% more, I'd upgrade ANYTHING I own just to get the latest design and new warranty.
But, I still have a tool aquistion budget. 
