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Estate Sale - Are these items a good deal?

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Forum topic by Aviperp posted 03-29-2016 02:21 AM 851 views 0 times favorited 11 replies Add to Favorites Watch
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Aviperp

2 posts in 257 days


03-29-2016 02:21 AM

Topic tags/keywords: question

I’ve been looking to purchase some machines to start a small hobby workshop in my garage. I came across an estate sale with many of the machines I was looking for. It might be an opportunity for me to get most of the big machines I need in one go. May I get opinions on whether these are good deals? Good machines? Good for a small home workshop?

Craftsman Jointer planer (1/2 HP) 113.206931 – $250

Craftsman Band saw 113.240201- $250

Craftsman Drill press 113.24590 – $225

Craftsman Belt and Disc Sander 113.22521 – $600

Craftsman Table Saw with extensions and Blades 113.12200 – $400

[ No Image Unfortunately]

The former owner was a hobbyist too and apparently took good care of the gear. The pics suggest they are rust free and in good shape but of course I’d need to check for myself when I arrive.

Thanks for your thoughts!


11 replies so far

View shampeon's profile

shampeon

1718 posts in 1651 days


#1 posted 03-29-2016 02:25 AM

As clean as those are, those prices are way inflated.

-- ian | "You can't stop what's coming. It ain't all waiting on you. That's vanity."

View ShaneA's profile

ShaneA

6476 posts in 2066 days


#2 posted 03-29-2016 02:32 AM

Agreed, they would be considered over priced in my area.

View conifur's profile

conifur

955 posts in 619 days


#3 posted 03-29-2016 02:44 AM

WAY OVER PRICED and Crapsman too boot. 600$ for the sander, that is about 125 if a 6×48 belt and 9”’ disc, jointer for 250 for that??? He is in love with his stuff and not looked on CL for what sells for, not what he thinks its worth.
Example, a guy here in WI is selling a Jet Mortiser with the 3 chisel/bits that comes with it new, asking 300$ and sez each bit/chisel size cost 30$, new is 329$ with the 3 bit/chisels. I emailed him and told him to check his pricing!!!

-- Knowledge and experience equals Wisdom, Michael Frankowski

View MrUnix's profile

MrUnix

4245 posts in 1666 days


#4 posted 03-29-2016 02:52 AM

Go back after the sale. They will still be there. Then offer $500 for the lot.

Cheers,
Brad

-- Brad in FL - To be old and wise, you must first be young and stupid

View Andrewst's profile

Andrewst

13 posts in 256 days


#5 posted 03-29-2016 02:57 AM

Honestly usually with my experience with estate sales they try and inflate the price. They expect you to haggle a little and make the prices to your liking. Try that if they refuse, more tools are around for cheaper.

-- Andrew, Home Hobbyist, Canada

View Aviperp's profile

Aviperp

2 posts in 257 days


#6 posted 03-30-2016 01:31 AM

Thanks for the advise folks. I pointed out to the seller that the prices were way to high (using even this post!). The seller proposed the new prices below. Do these prices still look absurd?

Band saw – $180
drill press – $180
Table saw w/ extension & blades $300
Belt Sander $250

Thanks for the help folks.

View conifur's profile

conifur

955 posts in 619 days


#7 posted 03-30-2016 01:46 AM

Too high, BS 100-125, DP is right, Belt Sander if a 6×48 and 9-10”’ disc 125-150 and I am being generious, TS cant say with out any info but I think too high for a Crapsman.

-- Knowledge and experience equals Wisdom, Michael Frankowski

View knotscott's profile

knotscott

7224 posts in 2843 days


#8 posted 03-30-2016 01:47 AM

Everything’s about double what I’d consider it worth, except for the DP….and even that’s quite a bit more than I’d pay.

-- Happiness is like wetting your pants...everyone can see it, but only you can feel the warmth....

View Holbs's profile

Holbs

1379 posts in 1497 days


#9 posted 03-30-2016 02:08 AM

To give you idea what of I would purchase those items in my area:
1.) craftsman jointer $50 (enough of these on craigslist for $100-$150 range).
2.) bandsaw $75 only because it looks clean and has a fence.
3.) DP $100-$150
4.) sander $100-$150 range.

These are items that appear at auctions all the time. Craftsman does not fetch a Jet or Powermatic price tag. Plus, you can easily go the Central Machinery route to get the equivalent at lower prices. These type of estate sales, the people refer off the highest price tag on eBay as their reference, not the realistic price tag.

-- Yes, my profile picture is of a Carpenter Bee! The name is derived from the Ancient Greek "wood-cutter"

View fuigb's profile

fuigb

404 posts in 2425 days


#10 posted 03-30-2016 02:15 AM

I agree with the advice to stop in after the sale or in the final hour or so. His stuff will be sitting there unless some fool has come along. See what the guy says then.

Up my way most estate sales are run by bottom-feeder services and staffed with folk who wouldn’t really work out in many other jobs. The M.O. seems to be to price the hell out of things and then see where it goes. The typical sale is three or four days, and on the last day it is almost standard for prices to be cut in half. Approach estate sales like you would an auction or a rough character in a dark alley: know when to walk away.

-- - Crud. Go tell your mother that I need a Band-aid.

View MrUnix's profile

MrUnix

4245 posts in 1666 days


#11 posted 03-30-2016 02:16 AM

Well, the owner certainly did like Emerson tools :)

I stand by my original assessment… $500 for the lot – at most.

Cheers,
Brad

-- Brad in FL - To be old and wise, you must first be young and stupid

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