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Reply by MrRon

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Posted on Old Craftsman vise-Does your wife know what your tools are worth?

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MrRon

2788 posts in 1868 days


#1 posted 653 days ago

You should dispose of your tools or anything for that matter for what you believe they are worth. Value has to be determined based on several factors; cost new, age, desirability to others, intrinsic value and condition. We all know that some things increase in value so I don’t go along with a 50% reduction across the board. One has to avoid the “distress” sale situation. That’s where the more unscrupleless will try to take advantage. If you can hold out for your asking price, do so until the right buyer comes along. After all, it’s you who knows the value of the item. Certainly there is some “wiggle” room for negotiating, but if someone offers you half of what you ask, he is trying to rip you off. Some of these are ripoff artists that make a business out of buying and selling at garage sales.
I seem to have gotten off the track.


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