What I always do for a used machine is first thoroughly check it out: turn it on, do some cuts on lumber you bring over yourself, which should tell you if it'll work for you. After making sure it actually works as well as it should, I unplug it and thoroughly check for casting breaks, bad rust, missing parts (including guards, fence, bolts, ett.), and ensuring the accessories being offered are meant for the machine.
Only if I'm fully satisifed with all the above will I offer a starting point figure. For me, that's 50% of the current retail price of the tool (in this case that's $440 because of the sale going on right now) plus 50% of the going price for accessories that go with it. Remember that quite often retailers will bundle a number of accessories for a special deal to entice the original buyer... so offering 50% for them is, to my way of thinking, how it goes. Don't include any taxes or shipping the original owner may have paid in that 50% calculation, either. It's used, right?
Again, that's my starting point. If the machine is particularly pristine or if it's something I REALLY need to add to my stable of machines, that will temper the upper limit I will consider while bartering back and forth with the seller. In the vast majority of such sales I never go higher than 75%, unless the used market dictates otherwise. Point in case are Oneway lathes, which hold their value better than most other lathes.
Hope this helps you.
Originally Posted by
Raymond Seward
Rick....I just received an email from Laguna.....they have 13 14Twelve demo machines on sale for $875.....there are others as well....they may even have a warranty...not sure
https://lagunatools.com/march-madness-deals/
scroll down....HTH
Last edited by Marty Schlosser; 03-01-2017 at 8:47 PM.
Marty Schlosser
Kingston, ON, Canada
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