What would you pay for all these craftsman tools?

[logan09]

I had an ad looking for tools and a guy messaged me to come take a look. The house was disgusting, reeked of marijuana guy was in his 40s or so and high. But had about 5 yellow craftsman tool boxes full of about 40 wrenches, 3 vice grips, 30 or so screw drivers, mini plier set, set of 5 ratcheting wrenches, extensions, about 50drill bits, some pipe wrenches, mini ratchet set with deep wall sockets, over a 200pc socket set but was all scattered and not sure if it was all there. All of it was basically new USA made from early 2000s.

Remove the racheting wrenches and replace with standard ones

This is basically the set up.

He kept telling me to make him an offer on everything. I kept saying well nothing is complete some stuff was missing and he kept interrupting me and told me "No, make me an offer I don't care about that" He said "Don't offer me $50" Give him a price and we will deal from there, so I offered him $120 and he can keep the tool boxes. Told me to leave

 

[stratman977]

The 300 some piece set is $199 that screwdriver set is $32 and that socket set in the case is probably around $100. I'd pay no more than half of new and that's being generous. $150 for the 3 items would be reasonable. There are better deals than that to be had if you wait though. I got a 200 piece set in case for $50 not that long ago.

 

[softailgarage]

The dude sounds a little fishy, better off just leaving.

 

[logan09]

That's what I thought. The fact that he told me he bought it all a long time ago to basically resale it led me to believe he wanted way to much. And of course he basically kicked me out after offering him $120

 

[Dick in Wisconsin]

That's what I thought. The fact that he told me he bought it all a long time ago to basically resale it led me to believe he wanted way to much. And of course he basically kicked me out after offering him $120

So maybe he says you're way off ... I'm at $400 and you guys go from there.

I beg a guy for an offer and then tell him to leave because its too low ... that is not the kinda person I care to spend too much time around.

Maybe an off duty cop will stop by next.

 

[BDT/NWMN]

That's what I thought. The fact that he told me he bought it all a long time ago to basically resale it led me to believe he wanted way to much. And of course he basically kicked me out after offering him $120

Logan.....The newer Craftsman socket sets and ratchets are not the same quality as the old stuff... I have both 50 year old sockets and the new stuff with those goofy detent slots in the sockets. Let's just say that if you still have your $120 in your pocket,, you are the winner.

 

[dledinger]

You did right. $120 sounds like a resonable offer. Unless it had the big wrenches (15/16 - 1 5/16, and 19mm -32) I might not have even offered that.

 

[CWP1616L]

A few of those screwdrivers I like, but don't like anything else.

 

[zkling]

Probably about $150 tops for me, maybe $200 IF he could prove everything was there. And that is assuming I needed everything included. I think you answered your own question though. He is not looking to get rid of them, he is looking to profit off the sale.

That's what I thought. The fact that he told me he bought it all a long time ago to basically resale it led me to believe he wanted way to much. And of course he basically kicked me out after offering him $120

 

[Gregg33]

If everything was organized in holders and rails and laid out complete, at least $200, maybe even 3. But the way you are describing it, your offer was a good starting point. Probably wants more so he can satisfy his habit.

 

[Givl Reggin]

I offered him $120 and he can keep the tool boxes. Told me to leave

I would have tossed you out too! Let's put aside the issue that these may be stolen tools and look at it this way... basically it looks to me like you offered him 40 cents (or less) a piece? I would think $1 a piece would be more suitable place to start and maybe even $2. As you said it's new USA made, you're not going to be able to assemble a new USA set for $2 a piece anywhere.

 

[jdmstr]

I had an ad looking for tools and a guy messaged me to come take a look. The house was disgusting, reeked of marijuana guy was in his 40s or so and high. But had about 5 yellow craftsman tool boxes full of about 40 wrenches, 3 vice grips, 30 or so screw drivers, mini plier set, set of 5 ratcheting wrenches, extensions, about 50drill bits, some pipe wrenches, mini ratchet set with deep wall sockets, over a 200pc socket set but was all scattered and not sure if it was all there. All of it was basically new USA made from early 2000s.

Remove the racheting wrenches and replace with standard ones

This is basically the set up.

He kept telling me to make him an offer on everything. I kept saying well nothing is complete some stuff was missing and he kept interrupting me and told me "No, make me an offer I don't care about that" He said "Don't offer me $50" Give him a price and we will deal from there, so I offered him $120 and he can keep the tool boxes. Told me to leave

$120 is a fair offer, he must of been smoking some real good stuff. id say you walking away made you the winner its hard to tell if the tools could be stolen.

 

[warmpancakes]

120 is about 60More than i would have offered, Used craftsman is 10 cents on the dollar tops for used

 

[devoncoolman]

You can barily give craftsman tools away around here. Nobody wants to pay squat. So $120 around my neck if the woods for a pile on tools not even on rails and questionable if everything is there was a fair offer.

 

[Zeke]

USA made? You might want to try one more time. Offer him $121.

 

[logan09]

I would have tossed you out too! Let's put aside the issue that these may be stolen tools and look at it this way... basically it looks to me like you offered him 40 cents (or less) a piece? I would think $1 a piece would be more suitable place to start and maybe even $2. As you said it's new USA made, you're not going to be able to assemble a new USA set for $2 a piece anywhere.

I can go to my kmart and still buy "Made in USA" ratcheting wrenches, normal wrenches, and screwdrivers for under $30 a set all day. And they go on sale regularly. Hell I wouldn't be surprised if the socket sets there were still USA made too. Once you buy something from a store and open it the value drops significantly. At least what I've seen. I thought $120 was a good starting offer. HE told me to make an offer and we will work from there. I'm obviously not gonna say "How about $300 does that sound good?, I see the socket set is missing about 30 sockets maybe if I dig down your basement for 3hrs I will find 10 of em"

 

[1982fxr]

those are the worst kind of sellers. Don't have the cajones to set a price on their own stuff and then flip out when the offer comes in low to start things off. Lame-O

 

[Jason280]

those are the worst kind of sellers. Don't have the cajones to set a price on their own stuff and then flip out when the offer comes in low to start things off. Lame-O

Absolutely. They're convinced someone out there will offer more than what they really want, and are afraid they'll lose money if they set the price too low. Unfortunately, these guys rarely sell anything...

 

[PowderKeg]

He kept telling me to make him an offer on everything. I kept saying well nothing is complete some stuff was missing and he kept interrupting me and told me "No, make me an offer I don't care about that" He said "Don't offer me $50" Give him a price and we will deal from there, so I offered him $120 and he can keep the tool boxes. Told me to leave

I would have tossed you out too! Let's put aside the issue that these may be stolen tools and look at it this way... basically it looks to me like you offered him 40 cents (or less) a piece? I would think $1 a piece would be more suitable place to start and maybe even $2. As you said it's new USA made, you're not going to be able to assemble a new USA set for $2 a piece anywhere.

You do realize that one of Sears sales mantras for decades on a large number of their combined tool sets has been "all for less than a $1 a tool"? That's for complete sets of new tools off the shelf. And that's where you think the OP should have started - or maybe even $2 - to a pothead who didn't know/care what was actually there, just expected a big wad of cash 'cause they're tools stamped "Craftsman"?

 

[thebeekeeper1]

You got out of dealing with a druggie loser. That's a win in my book.

 

[safetyman665]

This has already been posted, but good on you for walking away. That guy sounded shady.

 

[gte718p]

I would say $120 is a fair price. I buy tool lots locally and would maybe have paid $75 if feeling generous. If I split it up sold it on the Internet and locally I could probably get $150 with several hours worth of work and a little risk. I think that set is $320 regularly at sears and goes on sale every other week for $199.
My rules of thumb.
0-10% retail for off brand
20%-30% retail for old stock craftsman
40%-50% retail for tool truck brands

I think you will find a good number of GJ folks use a similar formula.
90% of people don't recognize the difference between old and new stock craftsman. That's part of craftsman's strategy.

 

[Blazin8556]

i hate it when ppl are all like, make an offer. and then get mad when its not what they were expecting. they had a number in their head and shoulda just told what it is and work from there. i woulda walked anyhow.

 

[Lookin4'67Galaxieconv]

I would have tossed you out too! Let's put aside the issue that these may be stolen tools and look at it this way... basically it looks to me like you offered him 40 cents (or less) a piece? I would think $1 a piece would be more suitable place to start and maybe even $2. As you said it's new USA made, you're not going to be able to assemble a new USA set for $2 a piece anywhere.

I don't make it a policy to offer potheads retail price for their tools. Evidently the OP thought the same.

 

[zkling]

i hate it when ppl are all like, make an offer. and then get mad when its not what they were expecting. they had a number in their head and shoulda just told what it is and work from there. i woulda walked anyhow.

Modern Craigslist = Crackhead's Ebay.

 

[Danglerb]

Asking for an offer is an intelligence test, he is looking for somebody stupid. Give it a day or so then check with the cops to see if anything matching what he has is reported stolen.

 

[James-W]

I would be concerned the stuff might be stolen. If it is stolen, and the police come to retrieve it, you will most likely be out whatever amount you paid for the stuff. In my opinion, it is best that you walked away.

In the past I have purchased a few used tools as well, but most times it was from an older gentleman who was not able to use the equipment anymore and wanted his tools to go to a good home. We discussed the price and in the end I would end up paying what I considered to be a reasonable price. We would always shake hands and were both happy with the deal we made.

To my mind this whole deal just doesn't seem right somehow and it was a good thing that it fell thru.

 

[Steinmetz]

I would be concerned the stuff might be stolen. If it is stolen, and the police come to retrieve it, you will most likely be out whatever amount you paid for the stuff. In my opinion, it is best that you walked away.

In the past I have purchased a few used tools as well, but most times it was from an older gentleman who was not able to use the equipment anymore and wanted his tools to go to a good home. We discussed the price and in the end I would end up paying what I considered to be a reasonable price. We would always shake hands and were both happy with the deal we made.

To my mind this whole deal just doesn't seem right somehow and it was a good thing that it fell thru.

I always prepare a bill of sale for the seller to sign (under penalty of perjury) stating that he is the true owner, and that the item is not subject to any liens or security agreements (UCC 1).

 

[logan09]

The guy commented saying "Good luck! $120 was not enough for over $1000+ worth of tools" This was on facebook by the way.