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Forum topic by Barkley posted 06-08-2021 02:09 AM 683 views 0 times favorited 19 replies Add to Favorites Watch
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Barkley

85 posts in 763 days


06-08-2021 02:09 AM

I’ve been looking at Craigslist and Facebook Market Place for a long time. I’ve noticed some problems that are increasing (I think it’s approaching critical mass). It seems that a lot of these people either don’t have a clue what the tool does (nonwoodworkers), have a bad bearing or cross threaded screw in their brain. I used to frequent pawn shops but now all you can find all you can find is extreemly overpriced polished turds (and some of them omit the polish) About the only people I’ve really had good luck with are woodworkers. Most of the ones I’ve met are really nice and helpful people.
I looked at the Woodworking Trade and Swap section of LJ and am not really not seeing much.
Am I looking at in the correct forum?

-- Thin the herd


19 replies so far

View metolius's profile

metolius

430 posts in 1891 days


#1 posted 06-08-2021 02:22 AM

I feel there has always been a realm for seller ignorance. Maybe there are more of the sort lately because the word is getting around that old tool junk is getting top $.

I was at an estate sale last weekend and they had two No.45s with cutters, a No.46, three No.71 variations, and more miller falls drills than I have fingers. Though I am too poor to buy this season, they were sort of reasonably priced …. that was a fun find.

-- derek / oregon

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MrUnix

8686 posts in 3360 days


#2 posted 06-08-2021 02:33 AM

OWWM Rule No. 1: The seller, standing in front of the machine with access to all sides and in full daylight, will not/cannot describe the machine correctly.

Also… the good deals come and go fast… really fast. What you wind up looking at most of the time is the crap deals like you mention.

it’s all timing and patience ;)

Cheers,
Brad

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

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Aj2

3947 posts in 2959 days


#3 posted 06-08-2021 02:49 AM

In my area the used tool market was very good before the China virus.
It’s now picked clean with good machines going fast. I predict it will be good again someday I’ll be waiting.

-- Aj

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sansoo22

1748 posts in 815 days


#4 posted 06-08-2021 03:27 AM



In my area the used tool market was very good before the China virus.
It’s now picked clean with good machines going fast. I predict it will be good again someday I’ll be waiting.

- Aj2

Its gotten bad in a lot of places. Supply chain issues with new tools drives up costs of used tools is all I can figure. Lately I’ve seen contractor saws like the Delta 36-725 as well as Jet 14” band saws listing on market place for $100 less than retail. Problem is if you were in the market for new and its out of stock you either wait…possibly months…or buy used. Those with the cash to spend on new must being paying higher prices on used to get a tool now.

As for the the sale forum here its always been pretty dead in my 2 yrs here. I think that is just how wood workers roll. We accumulate tools, complain about shop space, build dream shop, accumulate more tools, and then die leaving our families to deal with said accumulation of tools.

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SMP

4434 posts in 1066 days


#5 posted 06-08-2021 03:28 AM

Several factors here:

Internet and being able to literally check Ebay wherever you are. Sellers find what they are selling and look at what the past items sell for and add 10%(each time ad infinitum), even without knowing what the hell the thing is they can google it in 10 seconds.

Paul Sellers telling people to buy X old tool, causing massive demand which drives the prices up of previous “junk”

Covid, literally everyone and their mother started woodworking (and other hobbies) with all their free time, and people getting unemployment checks which are bigger than what they were making while working, people literally have more money and time than in years past so Tool money is burning holes in people’s pockets.

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EarlS

4624 posts in 3509 days


#6 posted 06-08-2021 11:03 AM


Paul Sellers telling people to buy X old tool, causing massive demand which drives the prices up of previous “junk”

Covid, literally everyone and their mother started woodworking (and other hobbies) with all their free time, and people getting unemployment checks which are bigger than what they were making while working, people literally have more money and time than in years past so Tool money is burning holes in people’s pockets.

- SMP

Wood working (or any hobby) reminds me of a gym membership. At the beginning of every year folks get a gym membership, go a few times, quit going, forget about it for a couple months, then cancel the membership when they realize how much they are paying for something they don’t use.

I’m keeping an eye out on the local CL for hand planes, a good drill press, and lumber.

-- Earl "I'm a pessamist - generally that increases the chance that things will turn out better than expected"

View ibewjon's profile

ibewjon

2534 posts in 3954 days


#7 posted 06-08-2021 12:05 PM

Lots of tools on Chicago craigslist this morning. A Yates 8” table saw for $75. ( Cleaning out dad’s garage ). Also some Craftsman machines. So there are deals if you watch. But this is not in your area.

View JackDuren's profile

JackDuren

1633 posts in 2120 days


#8 posted 06-08-2021 12:22 PM

I’ve bought a lot of hand tools from pawn shops. I was in there 3 times a week. Some put things out on certain days, some random days. It’s like yard sales, you got get going early and sweep the area fast to find deals, because your not alone.

As mentioned patience. Some things are hard to find…

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Woodshark

17 posts in 4695 days


#9 posted 06-08-2021 12:29 PM

I occasionally frequent a local, but very large, flea market. Most of the tools there are rusted junk, overpriced or both. But occasionally I find a gem. It’s usually not from a experienced vendor, but from someone who is selling a bunch of misc. stuff they’ve bought at garage sales or a family clearing out “Paw-Paw’s” old barn. After all the time and gas expensive to go there, I can’t say it’s been totally worth the effort, but it’s a fun pastime on a good day.

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JackDuren

1633 posts in 2120 days


#10 posted 06-08-2021 12:40 PM



I occasionally frequent a local, but very large, flea market. Most of the tools there are rusted junk, overpriced or both. But occasionally I find a gem. It s usually not from a experienced vendor, but from someone who is selling a bunch of misc. stuff they ve bought at garage sales or a family clearing out “Paw-Paw s” old barn. After all the time and gas expensive to go there, I can t say it s been totally worth the effort, but it s a fun pastime on a good day.

- Woodshark

The problem wit this is it tends to be more collecting than need, but in all fun. My shop is a flea market…

View therealSteveN's profile

therealSteveN

8219 posts in 1735 days


#11 posted 06-08-2021 01:16 PM



I ve been looking at Craigslist and Facebook Market Place for a long time. I ve noticed some problems that are increasing (I think it s approaching critical mass). It seems that a lot of these people either don t have a clue what the tool does (nonwoodworkers), have a bad bearing or cross threaded screw in their brain. I used to frequent pawn shops but now all you can find all you can find is extreemly overpriced polished turds (and some of them omit the polish) About the only people I ve really had good luck with are woodworkers. Most of the ones I ve met are really nice and helpful people.
I looked at the Woodworking Trade and Swap section of LJ and am not really not seeing much.
Am I looking at in the correct forum?

- 2Goober

Possibly try doing it backward, and say where you are located, and post a thread “LOOKING to BUY” XYZ. Not saying it’s foolproof, but the reverse side of all you said is true. I knw I have plenty of tools I would sell, but dealing with idgits makes it not something I always want to jump into. However if I did have something you wanted I could reach out show pics, and then we could see about a deal.

I imagine I am not the only person here just like that.

It’s easy to sell on FLeaBay, but their fees make it selling at a loss if you get going rate, which is hopefully a good deal price for the buyer, and is an ok price for the seller, except FleaBay takes a lot of that away with fees. So what frustrates you as a buyer, frustrates sellers too.

-- Think safe, be safe

View CaptainKlutz's profile

CaptainKlutz

4678 posts in 2655 days


#12 posted 06-08-2021 03:27 PM

+1 OWWM Rule No. 1

I check CL/FB/OfferUp daily.

My observations:

- The longer you watch the used tool markets, more you notice ‘stupid human tricks’, and trends.

Example?
Here in AZ, we have an regular cycle created by winter visitors, retired WW, and estate sales. Our summer time used tool prices (when temps are over 100° May-Sept) are lower than winter time (Oct-April); mostly due less old wood workers visiting, constantly shopping for upgrade bargains. Many of the summer time posts are moving or estate related, and need quick sale, making my best deals in summer time.

- Watching used tool market over time, it becomes easy to turn into a tool snob, focusing only on best brands, and tools in best condition; so might think all you see is junk. Have to look at junk piles to see gem inside.

+1 Covid ‘work from home’ created a massive change in used tool market:

- Huge influx of new wood workers. New tool demand jumped, and lead times extended; this forced more people into used market and created some ridiculous Covid premium prices due lack of patience.

- The Covid premium and demand lasted about 10 months, ending in Q1. Demand was lower in Q2 2021, as vaccination roll out appeared to be ending work from home. Patience for lower prices appears to have returned. Over priced tool listings are sitting for months again now.

+1 Am waiting for ‘gym membership syndrome’ to impact used tool pricing pendulum.
Already seen a couple of ‘used one year’ Sawstop TS and ‘brand new’ bandsaw posted recently.

- Due shipping/steel price increases, new stationary tool prices are up 20% this year. This raised the replacement cost for tools, and has lifted used prices from pre-Covid levels. Seeing a lot less dirt cheap tools posted this year, and more listings with just ‘OK’ prices.

As I suggest in my blog post on used tool prices: Speed is everything, when buying used tools.
Can not tell how many times I have responded to $200 Unisaw, jointer, or planer; only to be told I was 3rd person to respond. The low price ads generate so many responses, they usually disappear in a couple of hours. This provides the appearance there are no deals on tools, or that prices are inflated higher than they actually are selling for, or that market has no tools for sale.

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

View Phil32's profile

Phil32

1496 posts in 1064 days


#13 posted 06-08-2021 03:36 PM

If you want to enjoy a hobby, don’t make it a business. Over my many (88) years, I’ve engaged in several hobbies. My primary career was in the U.S. space exploration program. Often I saw my fellow hobbyists diverted from the central focus of the hobby to some peripheral activity like buying & selling spare parts, tools, print ads, etc. Now it includes hobbyists who spend their “hobby time” responding to comments on “affinity sites.” On Lumberjocks you can identify them by “many posts but few projects.”

-- Phil Allin - There are woodworkers and people who collect woodworking tools. The woodworkers have a chair to sit on that they made.

View ibewjon's profile

ibewjon

2534 posts in 3954 days


#14 posted 06-08-2021 05:43 PM

I have never posted a project, but I complete many. I never thought of posting pictures of my projects. Maybe I will start if that makes me a better member here.

View JackDuren's profile

JackDuren

1633 posts in 2120 days


#15 posted 06-08-2021 06:14 PM


I have never posted a project, but I complete many. I never thought of posting pictures of my projects. Maybe I will start if that makes me a better member here.

- ibewjon

There was a member names Dave Arbuckle on Woodnet. A real smart guy and always answering questions. He had a large mahagany board, I believe 8/4. Always talking about doing something and one day I confronted him about all talk and no woodwork. He had a sidekickcalled Toolfool. If you said something to one, you had to deal with both like Batman and Robin…. I never saw any woodworking from either guy and I bet he has 20,000 posts… 95% were off topic..

Ibewjon…..you don’t have to post pictures of work you have done.. it just helps if you post your pictures of procedures when it comes to questions. A picture is much better than words…

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