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Overpriced Grizzly G1023SL at an estate sale. How much should I offer?

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Forum topic by jaminjames posted 04-15-2017 11:12 PM 1174 views 0 times favorited 8 replies Add to Favorites Watch
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jaminjames

21 posts in 246 days


04-15-2017 11:12 PM

Nothing like this has popped up for sale in my area in months. I know because I’ve been searching religiously. I saw a listing announcing the estate sale and quickly got in touch with the administrator of the estate. The sale begins on Thursday, and she said she’s had many inquiries about the table saw. (There are also quite a few other nice tools for sale, planer, jointer, drill press.)

When I asked about price she prefaced her answer by telling me other callers had told her it was quite overpriced. She then told me it was listed at $1,000. Definitely over priced. The saw was built in 2007. I used internet archive to pull up the Grizzly site from 2007, and it was on sale that summer for $945 (about $1100 in 2017 dollars.) She sent me pictures and the saw is in impeccable condition. Like barely used. She also said that if it doesn’t sell the first day the price will be reduced by 25% the second day, another 25% the third day, etc, until it sells.

Logic says wait until the third day and nab it for $500, but obviously there are a lot of other people interested in this saw. I was planning on spending close to $800 on a new G0771Z pretty soon, so that’s the number I was already planning on spending. This is WAY more saw, and considering the condition (looks like someone bought it and then never used it) I’m almost tempted to make a bid of $800 the first day and get it at the end of the day if it doesn’t sell. She told me this was acceptable.

It’s a weird line of not wanting to over pay for a tool (I’ve read on forums from 2009 that guys were saying $600 was a decent deal for one) but also realizing that if I miss out on this saw, I’ll be spending $800 on a new, but much lesser saw.

Considering there are other people in my same position, crunching these same numbers, what do you feel is a competitive bid? Does overpaying for an item like make sense considering its condition and value to me? I know ultimately I have to answer these questions for myself, but some wise input would be much appreciated.


8 replies so far

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MrUnix

6010 posts in 2037 days


#1 posted 04-15-2017 11:19 PM

You said you don’t have 240v available, so figure that into the equation. I’d be looking at those $400 to $650 Unisaws you said are in your area… US made old iron beats an old Asian imported copy every day IMO.

Cheers,
Brad

-- Brad in FL - In Dog I trust... everything else is questionable

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jaminjames

21 posts in 246 days


#2 posted 04-16-2017 12:28 AM



You said you don t have 240v available, so figure that into the equation. I d be looking at those $400 to $650 Unisaws you said are in your area… US made old iron beats an old Asian imported copy every day IMO.

Cheers,
Brad

- MrUnix

Some of the responses to the Unisaw thread made me feel like I might be in a little over my head without having any mechanical knowledge. Made me think twice. And yes, power is a concern. But foe the right saw price, it may be worth it to dig a little deeper in to the bank.

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Madmark2

373 posts in 427 days


#3 posted 04-16-2017 01:01 AM

Rule of thumb is 1/2 of list for good quality equipment of any kind.

M

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knotscott

7788 posts in 3214 days


#4 posted 04-16-2017 03:23 AM

$700-$800 would be a good buy on that saw in that condition. It’s a lot more saw than the G0771Z.

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

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waho6o9

8034 posts in 2415 days


#5 posted 04-16-2017 03:40 AM

http://www.grizzly.com/products/10-Hybrid-Table-Saw-with-Riving-Knife-Polar-Bear-Series/G0715P

To compare prices ^^ it might make sense to go new if you can

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DirtyMike

637 posts in 740 days


#6 posted 04-16-2017 03:59 AM

715 with an incra?

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MrUnix

6010 posts in 2037 days


#7 posted 04-16-2017 06:06 AM

Some of the responses to the Unisaw thread made me feel like I might be in a little over my head without having any mechanical knowledge. Made me think twice. And yes, power is a concern. But foe the right saw price, it may be worth it to dig a little deeper in to the bank.
- jaminjames

I guess it depends on what you can find in the area. The Grizzly 1023 is essentially a Unisaw clone, and either way, you will be buying a used machine that will most likely need at least a little attention before putting it into use. Parts availability will be better for a Unisaw due to the tons of them that were made over the years, and the fact that all the parts are basically interchangeable between years with just a few exceptions. At the very least, you should figure on replacing the bearings and belts on any used cabinet saw, as those are about the only maintenance items other than the normal waxing and lubrication of the moving bits.

You don’t indicate where you are, but I’ve seen lots of Unisaws around me in really nice condition, and within the prices you said you are seeing in your area. For example, here is 3hp single phase one with a 50” Unifence, extension table w/router insert and 4’x7’ outfeed table – with a $650 asking price (or best offer, so they would probably take less!).

Cheers,
Brad

-- Brad in FL - In Dog I trust... everything else is questionable

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jaminjames

21 posts in 246 days


#8 posted 04-16-2017 10:30 AM


For example, here is 3hp single phase one with a 50” Unifence, extension table w/router insert and 4×7 outfeed table – with a $650 asking price (or best offer, so they would probably take less!).

Cheers,
Brad

- MrUnix

Oh man. I’d kill for a deal like that. This is pretty typical for my area https://oklahomacity.craigslist.org/tls/6037764261.html

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