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Market Pricing Movement?

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Forum topic by BulldogJoinery posted 08-04-2021 02:14 PM 320 views 0 times favorited 5 replies Add to Favorites Watch
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BulldogJoinery

3 posts in 48 days


08-04-2021 02:14 PM

I’m looking at getting a bandsaw (I have a HF 9” which is…not too accurate), and since I’ve been looking the last week or so, Grizzly has upped the delivery charge, and one of the considerations is now $100 more than yesterday. Every time I refresh it seems like more things are sold out (not just Grizzly, but other brands as well).

Do large tools regularly go up in the summer doldrums? Is it just Covid ? Someone on the local Craigslist is advertising an 8 year old Grizzly G0555ANV for $650 with what looks like no accessories, which looks like more than they paid for it.

I don’t absolutely need to buy at the moment, but is pricing just going to keep going up or is there going to be a sudden influx this fall?

Pricing isn’t even a deal killer, but everything seems to be sold out except for a few models (Laguna 18/12, PM 14”, and some of the Grizzlies).


5 replies so far

View Ocelot's profile

Ocelot

3341 posts in 3851 days


#1 posted 08-04-2021 02:24 PM

I can’t tell the future, but I don’t expect anything but high-tech items to get cheaper. Something like CNC for example.

-- I intended to be a woodworker, but turned into a tool and lumber collector.

View Ruscal's profile

Ruscal

109 posts in 391 days


#2 posted 08-04-2021 03:46 PM

One of the big price drivers on Asian made items is container freight costs. Those prices are not supposed to correct until 2022 sometime. In other words if you can wait a year, wait. It’s probably not getting better in 2021.

-- Have a hobby? You should have a business.

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bigJohninvegas

1083 posts in 2675 days


#3 posted 08-04-2021 04:19 PM

Every year prices seem to go up at pretty much set times. Once a year for sure. Shipping had been pretty steady, but Covid has messed with that.
Still free shipping, and 10% to 15% off purchase prices still pop up here and there.
Supply has been terrible since Covid started. Constant back orders with long wait times.
Seems like most everyone runs a 10 to 15 percent off sale in the fall. Not at the same time. But jet and powermatic run one around black Friday week.
I got that 10% and free delivery to a home depot store on a powermatic dust collector Last black Friday. Ordered Mine early on 1st day of sale. Got it in 10 days. Others had 6 week back order a day later. Crazy times with supply chain.

-- John

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CaptainKlutz

4859 posts in 2707 days


#4 posted 08-04-2021 05:44 PM

Welcome to LumberJocks!

If search forums, can find several threads discussing lumber and machinery price changes since Covid hit USA.

Over seas container shipping costs have gone up 3-4x. Local trucking costs are up 2x.

Demand for tools by folks stuck working at home has skyrocketed. Mfg have not been able to increase orders/shipments due covid reducing productivity in factories, and lack of container shipment space due higher demand for PPE and everything else. Every one has empty warehouses, and shelves right now.

The used market pricing has jumped up 20-30% in last 15 months, as new folks are impatient, unable to get a new tool; so they willing to pay more for used tools than was normal in past.
Though as folks have been getting back to work, price premium has come down a little. This summer have been seeing a bunch of moving sales with practically new equipment, and folks back to work finding out they don’t like working wood as much they thought and want garage space back.

If I was going to buy a new BS, would not consider buying a new version of the antique cast frame designs like the G0555 clone of Rockwell/Delta 14”. The newer style welded frame 14” BS have more rigid frame, with larger re-saw capacity.
If all you want to do is cut curves in 12/4 or less; the old cast iron 14” BS are a work horse and can buy a used version for $200-300 with some patience. But there are much better designs in market now if you intend to resaw lumber, and I seen no justification to spend nearly $1000 on antique BS with lessor capability. YMMV

Best Luck.

-- 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 BulldogJoinery's profile

BulldogJoinery

3 posts in 48 days


#5 posted 08-05-2021 05:53 PM

Thanks for the replies. I bought some stuff (Jet benchtop drill press and small lathe) during last year’s sales, but now I am working on some cedar planters for other people and contemplating some re-sawing and also some joint cuts that aren’t easy to do on the table saw with longer boards.

Even my local ‘sawmill in a barn’ guy hasn’t been able to get to my order in months, everything is just backed up.

I can agree with CaptianKlutz, after looking, the cast iron frame options just don’t seem like a good purchase anymore. Looks like Woodcraft has the Laguna 14/12 in stock, which would probably be fine for me, or one of Grizzly’s 14 or 17 inch options. Not as sure on the Laguna as the sparking from the ceramic guides sounds iffy, but I don’t see any news stories about people burning down their house with them.

I have used Home Depot for some purchases as I can ship to the store and examine the packaging before accepting, but they have almost everything marked as unavailable at the moment, pretty frustrating.

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