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Good Deal on PM141 bandsaw and PM50 jointer?

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Forum topic by jay443 posted 08-03-2017 11:58 PM 667 views 0 times favorited 9 replies Add to Favorites Watch
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jay443

16 posts in 635 days


08-03-2017 11:58 PM

I’ve been talking to a retiring cabinet maker and he’s selling his Powermatic equipment. He has a Powermatic 50 jointer and a 141 bandsaw. Both are in excellent condition, and they’re both green, so I know they’re old, but I’m not sure of what year. He’s asking $750 for the bandsaw and $500 for the jointer, but I believe that to be too high even for old American PM. I know that there’s going to be a little premium on green PM but I’m not sure what a reasonable amount it. What’s a fair price? Maybe $800 for the package?

On that note, how do you handle the art of the haggle? He has had this equipment for a long time. I don’t want to offend him by appearing to lowball, but I’d like to set reasonable expectations. For those of you who are good at it, how do I do it? I’m always nervous to even try.

Thanks.


9 replies so far

View Loren's profile

Loren

9606 posts in 3482 days


#1 posted 08-04-2017 12:28 AM

$500 is pretty fair for the jointer in my area.
I’d say his asking price on the saw is high,
but I’ve never used one. The 141 does have
a good reputation.

These days, with photos online and all that,
I make an offer by email and if the seller never
gets back to me I leave it at that. Driving
very far expecting to haggle a cheaper price
on machinery is a practice that can leave
you disappointed and emptyhanded.

View TheFridge's profile

TheFridge

8287 posts in 1320 days


#2 posted 08-04-2017 12:32 AM

750$ is too much for a 14” bandsaw if that is what it is.

-- Shooting down the walls of heartache. Bang bang. I am. The warrior.

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MrUnix

5979 posts in 2033 days


#3 posted 08-04-2017 12:39 AM

$750 for a 14” band saw? I’d say the guy is nuts… I would maybe offer $400 for both and could care less if I hurt his feelings or not. They are machines, not relatives, and their ‘value’ is not a matter of pride.

And like Loren, the time to work out the price is before you commit to the drive to go see it. Unless it’s fairly local. In the rare event that you get there and something was misrepresented, then you can lower your offer and be prepared to walk away if it’s a deal breaker for you.

There will always be another one… act appropriately.

Cheers,
Brad

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

View Loren's profile

Loren

9606 posts in 3482 days


#4 posted 08-04-2017 12:49 AM

I’m sorry, I assumed it was an 8” jointer.

As a 6” Powermatic I wouldn’t value it
much over $250 in any area. Powermatic
is a good maker with a long history but
Asian imports work just as well and are
in a lot of professional shops.

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jonah

1443 posts in 3132 days


#5 posted 08-04-2017 12:59 AM

It never ceases to amaze me how much people ask for 6” jointers. No used 6” jointer is worth more than $300. Maybe $400 if it is absolutely perfect and comes with extra sets of knives and all the trimmings.

View jay443's profile

jay443

16 posts in 635 days


#6 posted 08-04-2017 01:42 AM

Ok, interesting, it seems that the consensus is that even for old American PM that these are way overpriced.

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jay443

16 posts in 635 days


#7 posted 08-04-2017 01:48 PM

What would be a fair price for the bandsaw, given it’s age and very good condition?

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JayT

5453 posts in 2045 days


#8 posted 08-04-2017 02:46 PM

A lot will depend on your local market conditions. Around here, used 14in bandsaws don’t show up very often, so when a good one does, it doesn’t last very long. A couple years ago, I missed out on a 141 that was listed for $350 and was in pretty decent shape. I contacted the seller within an hour of the posting and it was already sold. That says a 141 in really good condition would sell quickly here for $400-500, possibly even more. Your part of the country may be a bit different.

-- In matters of style, swim with the current; in matters of principle, stand like a rock. Thomas Jefferson

View splintergroup's profile

splintergroup

1687 posts in 1056 days


#9 posted 08-04-2017 04:16 PM

I did a blog on restoring an old (green) PM141. The date was hand written on a label behind the top door.

I spent around $500 for the saw and new parts to do a full restore. If the saw you are thinking about is in excellent condition (tires, bearings, blade guides, etc). I’d set $500 as a ceiling. More typical condition would put it at $3-$400 (note: these are what I’d consider spending).

A 6” jointer would maybe be $200 unless it had long tables or some other redeeming feature.

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