Looking for thoughts on used tool value

Way off . I’m not a fan of the Jet blue tool era…

Maz, They are overestimating these old tools. Don’t even think about it. FYI, Rikon sells a 6” tabletop jointer for $400 brand new with a warranty. If they were a good deal, they’d be long gone well before two months.

-- Visit the forest and appreciate the source of our craft’s raw material.

The Jet sells new right now for around $1200 more or less... the one being sold is not worth anything near that… maybe $200-$300 depending on the market and as long as it’s in good running condition.

As for the DC – I purchased an identical one, in better condition (almost new), for $75 just a few months ago.

Cheers,
Brad

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

$250 tops for the jointer. $150 tops for the DC but that will probably hurt somebody’s feelings.

-- Andy - Seattle USA

The prices are too high but it depends where you are at so prices will greatly vary. Doesn’t hurt to make an offer though. The DC costs about 500 to 600 dollars new so if you got it at half the price with all the hoses, you’d get a decent deal. Jointers are always priced high where I’m at but 250 to 300 dollars for a used 6” jointer in good condition would be a decent.

The dust collector with canister new is about $700. Very good tool.
Current new Ridgid jointer about $600. Current Jet is about $900.

Fair price for a used tool in good condition is about half current street price for equivalent. Show them the reality so as not to insult them. They could just not know any better. One always lists high as no one pays asking.

I have been getting used machines for 1/2 – 1/3 of original price. Sometimes as low as 1/4 of original if a specialty machine, like a molding machine. Not a big market for some things.

As mentioned, how long they have been out there is probably the best indicator that they are way over priced. In the DFW area, you can get much better than 50% of new for a well maintained used tool in good working condition. How much better depends upon of many are listed and how often new ones show up. Reasonably priced joiners, band saws and the like are usually gone within a day or two. When someone is that far off, it may be better to ask them the lowest price that they would accept.

And IMO, don’t try to explain reality to them about whether you think that they have listed it too high. Nothing pisses me off more than some jerk trying to argue about my price. That is not the same as a counter offer. I personally don’t respond to low-ball offers or jerks explaining their reality. Make an offer and see if they come back with a reasonable counter offer. If the gap is close, you can probably come up with a compromise. If not, thank them and ask them to let you know if they change their mind.

-- Nathan, TX -- Hire the lazy man. He may not do as much work but that's because he will find a better way.

Generally used power tolls start off at half price of new. If the tools are really old or beat up, then adjust downward. If they are nearly new and in very clean shape adjust upward.

-- Bondo Gaposis

It just depends on how often certain tools come up in your area. Hard to find tools are at a higher cost percentage…

Maz, They are overestimating these old tools. Don’t even think about it. FYI, Rikon sells a 6” tabletop jointer for $400 brand new with a warranty. If they were a good deal, they’d be long gone well before two months.

- Fleamo

Speaking of which, do you know anything about Rikon tools and specifically this jointer? Pickings for jointers have been sparse on CL and I’m considering getting a benchtop model. Saw that $400 one on Woodcraft’s website but I’m not familiar with the brand at all.

-- Travis, DFW

It appears location is everything, when it comes to used tool prices. Of course, availability is no small issue either. Then there is the issue of what is being sold. For example, a hundred dollar Makita sander MIGHT bring forty. A five hundred dollar Festool sander, on the other hand, could bring four fifty.

That said, when I look at a grand for that jointer and compare it to my 8” Grizzly with a spiral head, which I paid fourteen for, it would be a definite NO.

On the other hand, nowhere around here would you see something like that last a day for three hundred.

As to the collector, its a good little collector. I had one. I sold it for about four fifty a couple years ago. Something in that area, say four hundred, seems reasonable, but the canister better be in good shape, since they run a couple hundred.

I just bought a 2 yr old Jet JJ-6CSDX, (which is a 56” long bed) with a mobile base, for $400. Most of the 6” Jet and Grizzly jointers around here go in a couple of days if they are priced between $400 and $600. Anything over that and they stay around a long time.

Overpriced antiques, IMHO.

Blog post: Used Power Tool pricing

YMMV

-- If it wasn't for bad luck, I wouldn't have no luck at all, Doom, despair, agony on me… - Albert King - Born Under a Bad Sign released 1967

The biggest issue I see is that those tools are not in good condition ! the jointer has beat to heck and the dust collector has been more than well loved to.

If the cartridge filter need to be replaced , that several hundred bucks right there.