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Forum topic by richgreer posted 10-18-2010 01:28 AM 1088 views 0 times favorited 22 replies Add to Favorites Watch
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richgreer

4524 posts in 1726 days


10-18-2010 01:28 AM

Today, someone paid $128 for a used (10 year old) Lie Nielsen dovetail saw. It was in good, but not perfect, condition. A comparable new saw, purchased directly from Lie Nielsen costs $125 and has lower shipping cost.

Can anyone explain that?

-- Rich, Cedar Rapids, IA - I'm a woodworker. I don't create beauty, I reveal it.


22 replies so far

View Abbott's profile

Abbott

2570 posts in 1955 days


#1 posted 10-18-2010 01:35 AM

Yeah, I think I can Rich…we have been discussing the same thing on another forum. I think that some people don’t check to see what items cost new, for instance all of our local Pawn shops have their used tools priced the same as new and they sell them! Plus on Ebay some guys just want to win the bidding war. They don’t arm themselves with knowledge just $$. I don’t know if that’s absolutely correct or not but it’s the only thing I can come up with ~shrug~.

-- Ohh mann...pancakes and boobies...I'll bet that's what Heaven is like! ♣ ♣ ♣ ♣

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popmandude

109 posts in 1671 days


#2 posted 10-18-2010 01:41 AM

I think there are quite a few people out there using bidding software.(sniping software) A lot of them bids get run up in the last 10 to 20 seconds of an auction. Dont know if this is true or not, just something I heard.

Randy

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docholladay

1286 posts in 1710 days


#3 posted 10-18-2010 01:49 AM

IMHO (In my humble opinion), some folks just don’t bother to really check things out. In an auction (even an online one), it is easy to get tunnel vision. You set your sights on something and then you just won’t back off. Kind of like the guy that just keeps betting at the blackjack table. As long as he has a few bucks, he keeps thinking he can get back in the game. I remember being in Vegas once and attended a George Carlin show. One of his jokes went something like, “I used to gamble in the big casinos until I found out how/why they became big casinos.” They don’t get that big because they give away all of the money. Sometimes folks just can’t seem to control themselves.

-- Hey, woodworking ain't brain surgery. Just do something and keep trying till you get it. Doc

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hairy

2019 posts in 2183 days


#4 posted 10-18-2010 03:30 AM

Are you familiar with Big Boy Restaurant?

They sell a Big Boy piggy bank in the restaurant for less than $7. I got one for my granddaughter there 2 days ago. At the flea market today I saw one for $15. It was kinda ragged.

Some folks don’t know what they got, some don’t know what they’re getting.

-- the last of Barret's Privateers...

View Abbott's profile

Abbott

2570 posts in 1955 days


#5 posted 10-18-2010 03:34 AM

Are you familiar with Big Boy Restaurant?

Yeah, I worked at one when I was a freshman in High School. I loved their burgers but I haven’t seen a restaurant in years.

-- Ohh mann...pancakes and boobies...I'll bet that's what Heaven is like! ♣ ♣ ♣ ♣

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Peter Oxley

1426 posts in 2526 days


#6 posted 10-18-2010 03:38 AM

Auctions are like that – online and in real life. People want something and don’t know what it’s worth new, so they overpay for it. Arc and MIG welders always seem to sell for more at auction than they cost new.

-- http://www.peteroxley.com -- http://north40studios.etsy.com --

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8iowa

1489 posts in 2412 days


#7 posted 10-18-2010 03:41 AM

hairy:

We stop at the “Big Boy” restaurants when going N & S on I 75. The Frisch’s Big boys seem to range from London KY to Bowling Green Ohio. We had lunch at the Big Boy in Covington just after we left the WIA conference a couple of weeks ago.

There are also a lot of “Big Boys” in Michigan, somewhat different from Frischs restaurants. They use a different sauce on the burgers.

-- "Heaven is North of the Bridge"

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PurpLev

8476 posts in 2300 days


#8 posted 10-18-2010 03:42 AM

Also saw a used (and posted to have light surface rust) LV plane sells for $10 more than NEW (including shipping).

some people just don’t know when to stop bidding.

-- ㊍ When in doubt - There is no doubt - Go the safer route.

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swirt

1945 posts in 1623 days


#9 posted 10-18-2010 03:53 AM

I have always assumed it was just people buying foolishly. Though I’ve started to wonder if sometimes it is overseas bidders. After DennisGrosen has joked about how bad his taxes are, I wonder if getting a shipment from a non-company like an ebay seller has different tax implications than buying from a company. That’s the only rational reason I can think of.

I stick with sniping software to make my bids so I don’t get caught up in a bidding war. I decide long before the auction is over what the most is that I want to pay, then I set the snipe. It happens automatically just a few seconds before the auction ends.

-- Galootish log blog, http://www.timberframe-tools.com

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a1Jim

112072 posts in 2228 days


#10 posted 10-18-2010 04:17 AM

I see it all the time folks just bid but don’t check prices.

-- http://artisticwoodstudio.com Custom furniture

View Rick  Dennington's profile (online now)

Rick Dennington

3384 posts in 1845 days


#11 posted 10-18-2010 04:51 AM

Some people has more money than sence. Don’t matter to them….the wallet overrides the brain….

-- " I started with nothing, and I've still got most of it left".......

View Dark_Lightning's profile

Dark_Lightning

1709 posts in 1760 days


#12 posted 10-18-2010 05:00 AM

Rich, some people just get bidding fever, or are just ignorant.

swirt, that’s something I’ve never thought of. That value-added tax is a killer!

Abbot, Coco’s bought most of Big Boy’s locations.

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canadianchips

1831 posts in 1648 days


#13 posted 10-18-2010 05:17 AM

I see this happen at live auctions all the time. Some people start bidding and arn’t aware that they can QUIT bidding. Some people want it but are AFRAID to bid. Some people just WANT the item, pay whatever ! One lady was bidding and she stopped the auctioneer and told him she could NOT understand what he was saying, he looked at her and said “Ma’am , don’t worry, you just wave your hand and we will tell you at end of day how much you paid, ” So she kept waving her hand !

-- "My mission in life - make everyone smile !"

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araldite

187 posts in 2055 days


#14 posted 10-18-2010 05:31 AM

Not only don’t they know what the retail price is, they don’t really know what it looks like since nobody gets to pick it up and give it a good inspection until after they paid for it. Pictures can be deceiving and “good” instead of “never used” can mean a lot of things.

-- Failure is the road to success if you learn to learn from your mistakes - Vince, Greenville, SC

View Dave Pearce's profile

Dave Pearce

108 posts in 2324 days


#15 posted 10-18-2010 05:45 AM

I wonder if that saw was one of the old Independence saws that Lie-Nielsen was carrying when it bought the Independence Saw company awhile back?

There were only several hundred made before they were sold to Lie-Nielsen.

-- http://www.pearcewoodworking.com

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