Powermatic 66

[Eddie Simmons]

My father in law estate is selling a powermatic 66 table saw with a 5hp single phase motor on it. What do you think would be a fair price for me to pay? The saw has a 51 inch cutting area.
Thanks
Eddie Simmons

[Jason White]

I think you should ask for the special "relative" discount!

But seriously -- I'm surprised you can't get it for free considering your family and all.

Jason

My father in law estate is selling a powermatic 66 table saw with a 5hp single phase motor on it. What do you think would be a fair price for me to pay? The saw has a 51 inch cutting area.
Thanks
Eddie Simmons

[Chip Lindley]

Does the wife's Family LIKE YOU? (Just kidding), ((But, NOT Really!))

The PM66's age and condition means a lot! So does 5hp, single-phase! So does the type of fence on it. Any accessories included? Blades, jigs, fixtures, etc.? Get back to us with the details! PHOTOs would be NICE!

Sight unseen, I would give $250 for it any day! (or Night!) *evil grin*

[Eddie Simmons]

To many brothers and sisters involved. My sweet heart is the in charge of the estate and will. We need to pay a fair price.
Thanks
Eddie

[CPeter James]

$1,000 and up is what ia good one would go for on the open market.

CPeter

[Peter Quinn]

What vintage is it? A base line for used machinery in proper working order is 40%-60% of replacement value. This is industry standard according to my accountant. A significant portion of the new sale price is given to the fact that a service warranty is part of the sale. Because you will not be getting a 5 year factory warranty (standard powermatic warranty), there must be a discount even if the tool were unused! Present replacement value for a PM66 is around $2400, so figure $960-$1440 as a range for the basic machine. Factors that influence the actual sale value are age, condition, accessories (which may add value but should also be deflated at a rate more near 40%) and local market demand. I rarely consider used accessories to be of any value in a purchase (blades, jigs, miter gauges, etc). In my family for a purchase of that nature a fair price would run near the bottom of the fair market value as a consideration to the buyer so I would consider $900-$1000 to be a fair price unless there are some serious condition issues, then I would expect to pay less.

[Neal Clayton]

i have a 5hp single phase PM66 from 1989. was in working condition when i bought it, but with some table and cabinet rust that had to be cleaned up. had the original fence, but no extension or outfeed tables. bearings, motor, and internals were all good.

i paid 1000.

[Chip Lindley]

I was jus Kiddin about the $250! But vintage and condition do have much to do with the value of the saw. More info is needed for this thread to be of help to you.
PHOTOS PHOTOS PHOTOS!

[Stan Johnsey]

I bought one with a 3 hp motor and 52" Biesemeyer fence for $1,200 today.

[Eddie Simmons]

Will be able to take photos on April 4. Hope to bring it home on that day.
Thanks
Eddie

[Eddie Simmons]

Was able to get a picture email to me this evening, not a real close picture, but can anyone tell about what year it is?
Thanks
EddiePowermatic.jpg

[Leo Vogel]

I don't think that saw appears to be all that old. I would think $1,000 would be a fair offer. You could probably get a few hundred more at an auction, but then you would have to pay commission fees. Don't let that saw get away from you. It will last you a lifetime.

[CPeter James]

Mid to late 90s. The earlier ones had a different switch.

CPeter

[Steve Kohn]

That is identical to my PM66. Mine is from year 2000, with a 3HP motor. I paid $1200 used about 2 years ago.

[Eddie Simmons]

Thanks for all the replies.
Eddie