Originally Posted by
Jim Dwight
My general rule of thumb for CL is 1/2 of new. We sold my wife's John Deere rider at that price - not 1/2 of what she paid but 1/2 of what a new equivalent mower cost new with the accessories she had. But it was also the start of mowing season when people were in the market for mowers. We had lots of calls. I also looked at the other adds and we were in the low end of the pack. Not the cheapest but not the highest either. And it had low hours.
I sold a nice woodstove for abou 25% of new. But I didn't think that market was as good as the mower market. The first guy who looked at it wouldn't pay that and I sent him away. The next couple were thrilled to have it. The paint was also nicked a little on the top.
I sold my DC for about 1/3 of new with a dented cartridge filter which I didn't include in the calculation. Again I thought that was a limited market. I sold it to a nice young man, the first to look at it. I had another guy offer me less without seeing it.
I still think 1/2 of then new pricing is a fair starting point but for stuff really in demand you may be able to go higher and if you want rid of the stuff and/or the market is limited, you should think of going lower. People that ignore that might get lucky, it only takes one buyer, but I think they will typically be disappointed.