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$2300 good street value for used PM2000

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Forum topic by 5KIPPY posted 08-12-2013 07:03 AM 1101 views 0 times favorited 26 replies Add to Favorites Watch
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5KIPPY

8 posts in 409 days


08-12-2013 07:03 AM

Hi:

I’m looking to purchase a quality table saw and save some money in the process by finding one already broken in! I have recently found a used PM2000 with what I believe is a 30” fence that appears to be in very good condition. The seller is asking $2300. Does this sound like a reasonable price? 5 years ago that was pretty close to the “new” price on the PM2000 from what I can tell. These days the new ones are around $3000.

Thanks,

Skippy

-- 5kippy


26 replies so far

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knotscott

5464 posts in 2033 days


#1 posted 08-12-2013 09:37 AM

Sounds very high to me. The general rule of thumb is ~ 50% of new, with some wiggle room for condition, age, quality, and extras. I’d offer $1500-$1600 if your certain that’s the saw for you, or see what else is available at that price.

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

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scott73

7 posts in 409 days


#2 posted 08-12-2013 01:43 PM

It is a nice saw, a really nice one at that. I love the 66, but the 2000 really impressed me. 50 – 60% of new is where I start when buying used. I have been lucky with a 5% of new at silent auction.

-- Scott

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toolie

1762 posts in 1286 days


#3 posted 08-12-2013 04:01 PM

for $1500, i’d forego a used Powermatic 66 or 2000 for a new grizz 691 or 1023. even a steel city cabinet saw through HD would make more sense. purchase with HD CC and get deferred billing, free delivery to store and HD product return policy. Steeel city also has a 2 year new tool guaranty.

$2300 for that 2000 is evidence of a seriously UNmotivated seller.

-- there's a solution to every problem.......you just have to be willing to find it.

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Shawn Masterson

1254 posts in 606 days


#4 posted 08-13-2013 12:03 AM

seem way high. used is used. I shoot for 1/2 of new. I have a 70’s PM66 and love it. I got it for $800, with a new motor.

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JustJoe

1554 posts in 695 days


#5 posted 08-13-2013 12:41 AM

When I hear the term “street value” I picture some guy on the corner peddling drugs. So if you put it in that perspective, $2300 for a 600 pound saw is only 24 cents an ounce. You’re not buying anything for 24 cents an ounce from your local dealer, so that’s a steal.

-- This Ad Space For Sale! Your Ad Here! Reach a targeted audience! Affordable Rates, easy financing! Contact an ad represenative today at JustJoe's Advertising Consortium.

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cabmaker

1311 posts in 1466 days


#6 posted 08-13-2013 01:39 AM

Sounds a bit pricey for any saw with a 5/8 arbor, new or used. Just saying JB

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Grandpa

3134 posts in 1333 days


#7 posted 08-13-2013 01:42 AM

Sounds high to me but it depends on availability in your area. I would have to hold out a little longer I believe.

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5KIPPY

8 posts in 409 days


#8 posted 08-13-2013 11:56 AM

An update.

It’s a 2007 model with a 52” fence (not a 30”). He’s now asking $2000 delivered to my garage. When people say used prices should be 50%-60% of new price do they mean when that item was new or if I were to buy it new today? Kinda sounds like a silly question but a 2007 PM2000 was $2300, a 2013 PM2000 is $3000! Thats a pretty big price jump for 6 years.

Thanks,

-- 5kippy

View rrww's profile

rrww

263 posts in 770 days


#9 posted 08-13-2013 02:27 PM

If its a tool that wouldn’t be considered industrial – I start with 50% – 60% of what one that is close to it would cost me today. So today you say the price is $3000 at that price I would consider fair value at around $1500 – $1800 depending on condition, care, amount of work to get it up and running right, and any goodies that it might come with.

I look at is as a business, and I have a budget and rules for purchasing, so it might take me some time but usually I find the right machines at the right price. If you can afford to wait deals are around.

If its worth $2000 to you by all means buy it, your going to be the one using it! Delivery is always nice.

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toolie

1762 posts in 1286 days


#10 posted 08-13-2013 03:25 PM

delivered to my garage

have you seen it run and inspected it thoroughly? what happens it’s delivered and, upon activation, a cracked trunion is located prior to sale completion?

-- there's a solution to every problem.......you just have to be willing to find it.

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MT_Stringer

1904 posts in 1888 days


#11 posted 08-13-2013 04:55 PM

“When I hear the term “street value” I picture some guy on the corner peddling drugs. So if you put it in that perspective, $2300 for a 600 pound saw is only 24 cents an ounce. You’re not buying anything for 24 cents an ounce from your local dealer, so that’s a steal.”

According to that math, looks like I overpaid for my NEW Grizzly 1023RLW last December purchased from Grizzly!

450 pounds (3hp) ...$1450 delivered to my garage… $.33/pound (with warranty!)
OOPS! That ain’t right. :-( More like $3.22/pound.

-- Handcrafted by Mike Henderson - Channelview, Texas

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a1Jim

112104 posts in 2234 days


#12 posted 08-13-2013 06:29 PM

depending on condition I would not more that $1200.

-- http://artisticwoodstudio.com Custom furniture

View Jerry's profile

Jerry

2196 posts in 2204 days


#13 posted 08-14-2013 03:17 AM

Seems high to me also, but if it is your dream saw, and you are good with the price then it should make for a good saw.

-- Jerry Nettrour, San Antonio, www.topqualitycabinets.net

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firefighterontheside

4375 posts in 514 days


#14 posted 08-14-2013 03:32 AM

Its ridiculous to think that you would buy a saw in 2007 for 2300 and then try and sell it 6 years later for the same money. If the don’t make that saw any more, then I would look to the next most similar model and expect to pay half of that price or less. So for me I would think 1500 or less.

-- Bill M. I love my job as a firefighter, but nothing gives me the satisfaction of running my hand over a project that I have built and just finished sanding.

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SugarbeatCo

126 posts in 925 days


#15 posted 08-14-2013 07:15 AM

Think I got mine roughly 1 year ago for about 2500 ($3,364.99 right now) ,caught woodcraft on a sale. Mine has the 50” with router table… Love the saw..

-- Always one more tool away from being an excellent woodworker...

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