I know being in Canada we generally don't get great deals like most of you who live in the USA but sometimes I don't understand what the sellers are thinking when they ask 75% to 85% of the price of a new tool.
Is it because they think we should also pay for their personal attachment to the tool they are selling or is it simply a lack of understanding of the used tool market value?
I just had an interesting conversation via emails with a seller of a tool who wants only $50 less than the price of it brand new!
I politely passed on it but wonder if what I'm seeing lately is becoming more common ,as far as I remember the rule of thumb for the price of a used power tool used be between 40% to 60% of its brand new price depending on the condition of the tool of course.
What is your recent experience in buying and selling used tools?
I'll be very interested in reading your responses.