I need to get a bunch of "general contractor" tools I want to purchase appraised. Can anyone give me an idea where I'd start looking for someone to do this? I'm in Ontario if it makes a difference.
- posted
18 years ago
I need to get a bunch of "general contractor" tools I want to purchase appraised. Can anyone give me an idea where I'd start looking for someone to do this? I'm in Ontario if it makes a difference.
Get brand and model numbers and check to see what new price is. In good shape figure 50% of new. In great shape, add a bit, if rough, subtract allot! Greg
What does 'allot' mean?
It's an abstract response and has no real meaning Pan, very similar to the rest of his response. Go to
Speaking of abstract, that's what that site is like - an abstract of a complete site. There seemed to be only a hundred posts in total and the tools that I saw were more like wrenches, and other assorted hand tools. I don't think that's what the OP meant by "general contractor" tools.
The eBay recommendation is the quickest way to get current value for most power tools and such.
R
What kind of response should I give to the OP? No real information of what tools he is considering, or condition, even his location will affect tool resale value. If the tool is in extremely good condition I may pay up to 3/4ths of new value, but I have seen people pay new value for used! (Ebay!) If the tool is fairly trashed value drops fast, I would not pay very much, if anything, for a tool in poor condition. Now after all that, what is my opinion of a tools condition, it may vary widely from yours. The OP has to make the final decision of the value of whatever tool. Nobody here can do it! The whole thread is pretty abstract. Greg
I'd ignore him. If you really feel compelled to reply, go lie on the couch for awhile. The compulsion will pass :-)
GWE
Agreed.
For the life of me I couldn't have imagined an email war starting over such a simple topic. I'm looking at buying a ton of tools from a local Rental shop that is going out of business, after looking at his prices a lot of his items are priced way to high. This I know from the items I already own, however it's the other items that I'm not sure about a price on (Sand blaster, Bob Cat Skid steer, SOD cutter etc...)
Not so surprising when you didn't give full information in your first post. There is no one on a newsgroup that can help you price a rental place's tool inventory without looking at the tools and checking the condition.
RI realize that but I was hoping someone could help me find someone or somewhere that could get me the help I need.
HotRod, the helpful suggestion that I saw was to use ebay. It is a real marketplace with no middlemen, where prices are voluntary. That's why I always consider ebay prices to be "fair prices" and try to buy things at below that price.
i
You have need or just wish?
If the latter, just make an offer of what you want to part with or make a package deal offer.
Evaluating used stuff is tough--particularly rental stuff is often severely abused owing to the "not mine" mentality of renters combined w/ a lot of it used by unpracticed folks. I'd discount pretty heavily anything that isn't obviously pretty new unless it were something I really and it seemed a reasonable deal.
In general, I use more of a "what feels right" approach than hard and fast numbers. Most metro areas are large enough that there will be most types of equipment listed in classifieds and there are I assume, the various free or nearly free equipment and car/truck advertising services to check. Also, there are online used equipment outfits as well as the ubiquitous eBay, of course.
I still hold to my advice, but now that it is rental tools I would offer lower price than if from a private seller. Most rental tools I have seen are pretty well used and abused! Visual condition will tell allot. Looks like new? 1/2 of new price, as the condition drops value drops to zero fast! Also how bad you want the stuff will affect the price. Greg
I would not buy anything from a rental outfit. They know much better both the values of tools as well as their condition. Thusly the buyer is at an informational disadvantage. I would not even bother talking to them.
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