LumberJocks

Help estimating price to purchase used tools

  • Advertise with us

« back to Power Tools, Hardware and Accessories forum

Forum topic by DWM555 posted 12-14-2018 02:48 PM 557 views 0 times favorited 15 replies Add to Favorites Watch
View DWM555's profile

DWM555

3 posts in 184 days


12-14-2018 02:48 PM

Topic tags/keywords: band saw dust collection jointer router table tenon mortise planer

I have an opportunity to buy the following used tools. I would like to know:
1) What is a good price for me to pay for each tool
2) Is there any reason to avoid a particular make/model

Assume all are in good working order. The tools are several hours away from me so I have not seen nor tested them yet.

Any help would be greatly appreciated.

Jet Band Saw – JWBS-14CS and fence JRF-14R
Jet Dust Collection – DC-1100C
Jet Jointer – JJ-6CSX
Rockler Router Table & Fence – 23517
Jet Tenoning Jig – JTG-10
Jet Mortiser – JBM-5
Dewalt Planer – DW733


15 replies so far

View GR8HUNTER's profile

GR8HUNTER

6065 posts in 1098 days


#1 posted 12-14-2018 03:53 PM

USED TOOLS in good shape are around half price of new :<))

also never forget rule #5 :<((

-- Tony---- Reinholds,Pa.------ REMEMBER TO ALWAYS HAVE FUN

View ChefHDAN's profile

ChefHDAN

1391 posts in 3235 days


#2 posted 12-14-2018 03:53 PM

Those are all quality tools, generally on the 2nd hand market I look to start at 50% of retail. If the tools are exceptionally fine then I may go more, but if you’re considering buying several of them then I would go sub 50% because you’re helping the seller. Everything depends on the circumstances of the sale and their motivation to sell.

-- I've decided 1 mistake is really 2 opportunities to learn.. learn how to fix it... and learn how to not repeat it

View Monty151's profile

Monty151

49 posts in 227 days


#3 posted 12-14-2018 03:55 PM

I wish half price was the case near me. I see the ridged 6” jointer going for $450-500 used all day. They do stay up for sale a long time though.

View MikeDilday's profile

MikeDilday

255 posts in 845 days


#4 posted 12-14-2018 03:56 PM

all great tools. Go less than 50% as a start. Offer 1/3 and top 1/2.

-- Michael Dilday, Suffolk, Va.

View ChefHDAN's profile

ChefHDAN

1391 posts in 3235 days


#5 posted 12-14-2018 04:06 PM


I wish half price was the case near me. I see the ridged 6” jointer going for $450-500 used all day. They do stay up for sale a long time though.
- Monty151

I got my Rigid jointer for $200 when HD clearanced them because they changed over to the orange tools

-- I've decided 1 mistake is really 2 opportunities to learn.. learn how to fix it... and learn how to not repeat it

View AlaskaGuy's profile

AlaskaGuy

5272 posts in 2695 days


#6 posted 12-14-2018 05:56 PM

Most threads like this will say 50% of new. But I hardly ever find used tool that are priced at 50% ????

-- Alaskan's for Global warming!

View GrantA's profile

GrantA

1499 posts in 1793 days


#7 posted 12-14-2018 06:10 PM

I’m with AG- unless they’ve had a rough life I’d say more like 75% of new. Now if it’s a situation where a widow is selling off a shop full of tools that could go either way. If it’s the guy who purchased them either upgrading or getting out if it they usually want top dollar.

View MrUnix's profile

MrUnix

7383 posts in 2585 days


#8 posted 12-14-2018 06:39 PM

Most people use the 50% rule of thumb… unless the machines are extremely old, I use a 10-25% rule of thumb, particularly sight unseen. That Bandsaw is worth maybe $100, and same with the jointer. Dewalt planer maybe $75 if in good condition. Dust collector is worth maybe $75 as well, and the rest of the stuff combined would be about $100. YMMV.

And you will typically get an additional price break when purchasing multiple machines… the ‘combo’ deal :) So, IMO, I would offer $400 and I wouldn’t pay more than about $450 for the lot.

Cheers,
Brad

-- Brad in FL - In Dog I trust... everything else is questionable

View jonah's profile

jonah

2074 posts in 3684 days


#9 posted 12-14-2018 07:14 PM

I’d go a little higher than Brad on each tool. The dust collector has a canister filter, so I’d pay closer to $150 for that if it works well. I’d start around 1/4 to 1/3rd the new price for each item and negotiate from there. If it’s a package deal, I expect to pay less than if I were buying individual pieces.

View firefighterontheside's profile

firefighterontheside

20283 posts in 2242 days


#10 posted 12-14-2018 07:24 PM

I sold that mortiser for 200 a few months ago.
Jointer is easily 250. I sold my older grizzly for 250 a few months ago in MO.
Tenoning jig maybe 50
Planer about 125
Don’t know about others

-- Bill M. "People change, walnut doesn't" by Gene.

View TheFridge's profile

TheFridge

10858 posts in 1872 days


#11 posted 12-14-2018 07:29 PM

I’d offer 500$. Wouldn’t want to pay more than 700$. Wouldn’t pay more than 1000$ Though it may actually be worth it.

-- Shooting down the walls of heartache. Bang bang. I am. The warrior.

View sawdustjunkie's profile

sawdustjunkie

405 posts in 2103 days


#12 posted 12-14-2018 07:37 PM

In my area, used tools that I would never consider buying because of their condition go for stupid money. I just sold a Ridgid 6” jointer for $350. It looked and ran like new and I had 3 sets of new blades that went with it. I probably sold it to cheap, because I got 15 calls in 4 hours after I posted it on Craigs List.
When the guy came to pick it up, he gave me an extra $10 because it was so clean and he knew he got a good deal.

-- Steve: Franklin, WI

View Phil32's profile

Phil32

538 posts in 289 days


#13 posted 12-14-2018 07:57 PM

Pricing estimates on used woodworking machines are like Blue Book listings on automobiles. They are guidelines! If you want a good deal, plan to do your “homework” (study comparables), and thoroughly check out the merchandise.

-- Phil Allin - There are mountain climbers and people who talk about climbing mountains. The climbers have "selfies" at the summit!

View ArtMann's profile

ArtMann

1381 posts in 1202 days


#14 posted 12-15-2018 12:03 AM

You will certainly want to determine how much those tools or their equivalents would cost today and use that as a guide. Where I live, you will seldom get a tool in good shape for as little as 50% of new but you might get lucky. If you are talking about cabinet saws, it is almost always a better deal to buy new from Grizzly or elsewhere.

View AlaskaGuy's profile

AlaskaGuy

5272 posts in 2695 days


#15 posted 12-15-2018 12:27 AM


Most people use the 50% rule of thumb… unless the machines are extremely old, I use a 10-25% rule of thumb, particularly sight unseen. That Bandsaw is worth maybe $100, and same with the jointer. Dewalt planer maybe $75 if in good condition. Dust collector is worth maybe $75 as well, and the rest of the stuff combined would be about $100. YMMV.

And you will typically get an additional price break when purchasing multiple machines… the combo deal :) So, IMO, I would offer $400 and I wouldn t pay more than about $450 for the lot.

Cheers,
Brad

- MrUnix


You would’t be buying any used tool in my neck of the wood at those prices

-- Alaskan's for Global warming!

Have your say...

You must be signed in to reply.

DISCLAIMER: Any posts on LJ are posted by individuals acting in their own right and do not necessarily reflect the views of LJ. LJ will not be held liable for the actions of any user.

Latest Projects | Latest Blog Entries | Latest Forum Topics

HomeRefurbers.com