Go Back   DIY Chatroom Home Improvement Forum > Equipment & Safety > Tools

CLICK HERE AND JOIN OUR COMMUNITY TODAY...IT'S FREE!

Reply
 
Thread Tools Search this Thread Display Modes
Old 01-23-2011, 12:45 PM   #1
Newbie
 
Join Date: Jan 2011
Posts: 1
Rewards Points: 10
Default

Mechanic tools


I have about $30000.00 of mechanic tools that are 25-30 years old? What would the value of these tools be if were to sell them?

rsickler50 is offline   Reply With Quote
Old 01-23-2011, 01:05 PM   #2
Licensed Electrical Cont.
 
Speedy Petey's Avatar
 
Join Date: Feb 2004
Location: NY State
Posts: 6,864
Rewards Points: 2,032
Default

Mechanic tools


Wrong forum, but someone will fix it I'm sure.

I'd say cruise Ebay and other sites for values. I'll say that selling a a lot will be easier, but you'll get way less than selling individually.

If you're up to the work selling individually or in small lots on Ebay is likely your best bet.
Set reasonable reserves and take good pictures. It IS a lot of work, but can definitely pay off.

Speedy Petey is offline   Reply With Quote
Old 01-23-2011, 01:05 PM   #3
Member
 
Join Date: Feb 2010
Location: Oklahoma
Posts: 978
Rewards Points: 500
Default

Mechanic tools


Wouldn't it be $30,000?
jlmran is offline   Reply With Quote
Old 01-23-2011, 01:09 PM   #4
Licensed Electrical Cont.
 
Speedy Petey's Avatar
 
Join Date: Feb 2004
Location: NY State
Posts: 6,864
Rewards Points: 2,032
Default

Mechanic tools


Quote:
Originally Posted by jlmran View Post
Wouldn't it be $30,000?
I think he meant $30grand 25-30 years ago.
Speedy Petey is offline   Reply With Quote
Old 01-23-2011, 01:10 PM   #5
Member
 
Join Date: Feb 2010
Location: Oklahoma
Posts: 978
Rewards Points: 500
Default

Mechanic tools


Got it.
jlmran is offline   Reply With Quote
Old 01-23-2011, 01:29 PM   #6
An old Tradesmen
 
Join Date: Oct 2008
Location: PA
Posts: 25,551
Rewards Points: 2,782
Default

Mechanic tools


Moved to Tools forum. Where you may get better answers, and or interest in them.

30 grand of tools 20 to 25 years ago, could still be worth 25 grand, or more or less. All depends on their quality when made, and their current condition.


Good luck,
beenthere is offline   Reply With Quote
Old 01-23-2011, 01:31 PM   #7
nap
You talking to me?
 
nap's Avatar
 
Join Date: Dec 2007
Location: sw mi
Posts: 5,407
Rewards Points: 2,000
Default

Mechanic tools


I'll give him $12 site unseen.
nap is offline   Reply With Quote
Old 01-23-2011, 03:28 PM   #8
Tool Geek
 
PaliBob's Avatar
 
Join Date: Jun 2008
Location: Pacific Palisades CA
Posts: 2,524
Rewards Points: 2,024
Default

Mechanic tools


Indeed it is an unseen site
__________________
Disclaimer
& Stay Safe
.....Bob Lavery
PaliBob is offline   Reply With Quote
Old 01-23-2011, 03:58 PM   #9
nap
You talking to me?
 
nap's Avatar
 
Join Date: Dec 2007
Location: sw mi
Posts: 5,407
Rewards Points: 2,000
Default

Mechanic tools


Quote:
Originally Posted by PaliBob View Post
Indeed it is an unseen site
thanks for catching that Bob
nap is offline   Reply With Quote
Old 01-23-2011, 07:22 PM   #10
Member
 
Join Date: Jan 2011
Location: Illinois, Chicago area
Posts: 305
Rewards Points: 250
Default

Mechanic tools


$15 no questions asked
packer_rich is offline   Reply With Quote
Old 01-23-2011, 07:29 PM   #11
nap
You talking to me?
 
nap's Avatar
 
Join Date: Dec 2007
Location: sw mi
Posts: 5,407
Rewards Points: 2,000
Default

Mechanic tools


Quote:
Originally Posted by packer_rich View Post
$15 no questions asked
That's too rich for me. They're yours.
nap is offline   Reply With Quote
Old 01-24-2011, 01:37 PM   #12
Member
 
Join Date: Feb 2010
Location: MI's Western UP
Posts: 599
Rewards Points: 500
Default

Mechanic tools


lots of mechanics selling off their tools it seams. depending on what you have and what condition its in, I'd say somewhere in the $5-10k.

If you are talking big electronic scanners, just about nothing.
forresth is offline   Reply With Quote
Old 01-24-2011, 03:17 PM   #13
Mold!! Let's kill it!
 
Join Date: Feb 2008
Location: Central Pennsylvania
Posts: 2,849
Rewards Points: 2,012
Default

Mechanic tools


Selling them on e-bay means being prepared to box and ship them. That's OK if you are into that. Otherwise, you might want to contact some local auction houses. They generally know what things are selling for in your area. Especially with regards to type and brand. A complete set from one manufacturer will bring a higher dollar than a collection of wrenches from 4-5 different brands. I'd call more than one to keep them honest.
Maintenance 6 is offline   Reply With Quote
Old 01-24-2011, 04:27 PM   #14
Member
 
Join Date: Mar 2007
Location: Long Island, NY
Posts: 9,519
Rewards Points: 2,000
Default

Mechanic tools


Based on condition, I'd say 50% of retail.
Ron
Ron6519 is offline   Reply With Quote
Old 01-25-2011, 03:05 PM   #15
Seasoned DIYer
 
Join Date: Oct 2007
Posts: 187
Rewards Points: 150
Default

Mechanic tools


Selling them all at once can get you a good value, but you need the means to ship it. If you're like an HVAC distributor with accounts with motor carriers and can ship a pallet full of stuff for a few hundred dollars, you've got a good eBay deal. The best deal will likely come form putting them all on eBay with nationwide shipping.

The most significant challenge facing individual eBayers is that they don't have the logistics to move heavy and bulky items.

If you use Craigslist, you severely limit your target market.

HVAC_NW is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Tools for a newlywed beginner mephysteaux General DIY Discussions 9 09-24-2010 10:43 PM
need information regarding powered drain cleaning tools Pipe7000 Tools 1 10-18-2009 01:05 PM
Value of used tools Texasguy Building & Construction 6 06-02-2007 11:03 AM
Bought tools today, good or bad deal? Mr. Michael Tools 3 02-13-2007 12:39 PM




Top of Page | View New Posts

Copyright © 2003-2014 Escalate Media. All Rights Reserved.