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Bandsaw - Used Grizzly G0555 - Price/Negotiating?

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Forum topic by DerekJ posted 03-27-2017 08:38 PM 1013 views 0 times favorited 6 replies Add to Favorites Watch
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DerekJ

100 posts in 1030 days


03-27-2017 08:38 PM

Topic tags/keywords: bandsaw negotiation used equipment

This community has been super helpful in the past and I’m hoping you’ll be helpful again!

I have been looking for a first bandsaw for a few months now and have read good reviews on the Grizzly G0555. Finally have one for sale in the area (about 120 miles away) and wanted to know what you guys thought about this….

  • The guy hasn’t used it in years and it’s been in storage. He’s getting back into business and plans to open production shop and is buying a Powermatic – so that’s why he’s selling.
  • He didn’t know if he had the riser block, but said he never used it for resawing so I’m guessing he doesn’t.
  • Original price was listed at $400, I made him a verbal offer of $300 and he accepted. In hindsight, though, I’m not feeling great about $300 given that it’s located 120 miles away and will take at least half a day to get there and pick it up.

What do you guys think about a $300 price for that saw – assuming there’s not a riser block included? Anyone able to offer any tips on negotiating that down further if you don’t think it’s a fair price?

EDIT: I’m planning to pick it up, thanks for your responses!

-- Derek ~ Omaha, NE


6 replies so far

View AHuxley's profile

AHuxley

799 posts in 3464 days


#1 posted 03-27-2017 09:05 PM

If it is the one in Norfolk it appears to be a good price, it would cost you over ~$700 to buy and have delivered liftgate, $664 without liftgate.

Honestly, if I were looking for a 14” cast saw I would be on my way for $300.

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DerekJ

100 posts in 1030 days


#2 posted 03-28-2017 01:13 AM

Good point, thanks :)

-- Derek ~ Omaha, NE

View Woodbum's profile

Woodbum

826 posts in 3208 days


#3 posted 03-28-2017 11:30 AM

Give the guy the $300 and take the saw and run. He could have countered with $350 and you would have maybe paid it. Then you would have a different form of buyers remorse. I think you made a good deal IMHO.

-- "Now I'm just another old guy wearing funny clothes"

View Carloz's profile

Carloz

1147 posts in 734 days


#4 posted 03-28-2017 11:42 AM

You reminded me one lady that wanted to buy a refrigerator from me. It was brand new and pretty high end with the original cost of about $2000. I listed it for $200 as I just wanted to get rid of it. She kept asking me for a “discount” for millions of reason. When I did not budge she hired a uhaul truck to get it and anounced that I should pay for the truck !
$400 is the fair price for the saw. Why should 120 miles be the sellers problem ?

View DerekJ's profile

DerekJ

100 posts in 1030 days


#5 posted 03-28-2017 01:34 PM

Carloz, no need to be rude about it.

I didn’t say it wasn’t a fair price, and I’m not trying to take advantage of anyone, I was simply asking for the opinion of others. I made an offer to the man based on the price I was hoping to pay and what he was asking – he accepted the offer readily – and I was just wondering if anyone more experienced had any opinion. I then also for tips to negotiate…. nothing malice or disrespectful.

Thanks for your reply.

-- Derek ~ Omaha, NE

View AHuxley's profile

AHuxley

799 posts in 3464 days


#6 posted 03-28-2017 01:46 PM

Derek, I know how you feel. I bought a bandsaw feeder last year, it was brand new and the buyer was a “make me an offer” kinda guy. I made him what I saw as a low ball offer (~30% of what I could buy it for from the web) and he immediately accepted the offer. My trip was actually longer to pick it up and the entire way there I was consumed with what I could have gotten it for, at some point it just clicked that I got a GREAT deal and who knows something lower may have upset him and I would have been stuck with no deal.

There is a saying, something about a gift, a horse, and a mouth…

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