Every Snap-on tool I have, except one, I bought new on ebay at 60-75% of the list price. Watching many ebay auctions, that seems to be the average rate. Where are people getting these tools, and about how much are they paying for them, to allow them to sell them for 60-75% of the list price and still make money? What percentage of the list price do the trucks charge, on average?
What do people pay for new Snap-on tools?
- Thread starter ATTappman
- Start date
RbrtAWhyt
Well-known member
Too damn much.
Marauder470
Well-known member
- Joined
- Jun 4, 2010
- Messages
- 166
Near list price. I have a very, very nice dealer though!
mrholeshot
MEMBER EMERITUS
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- Jun 22, 2010
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I doubt you are getting brand new current production tools for 65% from any authorized dealer. You could be buying stuff people bought and having buyers remorce, people that bought thinking they could make a living at turning wrenches and found out it isn't a gravy train, students who finished trade school and changed their mind after buying the tools and even some that are stolen and any other 1000 excuses. Personally I rather enjoyed buying off the truck. I knew who I was dealing with and knew the tools were clean. I've bought stuff off ebay that was new but most were discontinued items. Many of which I prefered over the newly released model.
Merkava_4
Banned
Some eBay sellers go around the country buying out inventory from dealers that are quitting the business.
i have a formula ive been using since i started in the trade.
i make a deal at minimum 15% off or/and no tax...
our sales tax is 12%, so usually i just offer to pay the list price all in, or something just below it.
usually it works like this:
'how much are those?'
'195'
'ill pay you 190 all in'
or if im buying something big ill request another tool like a plier/driver for free.
and he never says no.
if all else fails i make up the price i WANT to pay, and tell him MAC is selling theirs for that price.
i know hes got kids to feed, but so do i. and its a business, i just barter til we find a spot that works for both of us.
buying in bulk helps. i get my biggest saving by spending more in big chunks, you have more leverage than buying one thing a week.
most ebay stuff is automotive, the tools i require are generally not available, more 1/2 and 3/4 stuff.
although i did buy my KRL on ebay for 50% off in as new condition
i make a deal at minimum 15% off or/and no tax...
our sales tax is 12%, so usually i just offer to pay the list price all in, or something just below it.
usually it works like this:
'how much are those?'
'195'
'ill pay you 190 all in'
or if im buying something big ill request another tool like a plier/driver for free.
and he never says no.
if all else fails i make up the price i WANT to pay, and tell him MAC is selling theirs for that price.
i know hes got kids to feed, but so do i. and its a business, i just barter til we find a spot that works for both of us.
buying in bulk helps. i get my biggest saving by spending more in big chunks, you have more leverage than buying one thing a week.
most ebay stuff is automotive, the tools i require are generally not available, more 1/2 and 3/4 stuff.
although i did buy my KRL on ebay for 50% off in as new condition
Last edited:
chadster1
Well-known member
I pay wholesale. 
caper
Well-known member
I've dealt with a lot of dealers over the years and almost all of them charge full list 95% of the time.
Thanks that's what I wanted to know. The local dealer never called me back the one time I tried contacting him.
It seems like there are just too many brand new Snap-on tools for sale on ebay to explain them all as buyer's remorse, bought something unnecessarily, etc. and now selling it for a loss. Maybe it's mostly student discount buyers reselling.
I bought a new FHF80 on ebay recently. The same seller had been listing one, selling it, and immediately listing another one for a few weeks straight. He kept doing that for another couple of weeks after I bought mine. Maybe he still is, I stopped looking. Anyway I wondered where he got his steady supply. His minimum bid was always the same - about 60% of list.
Merkava_4
Banned
I gave you the answer. Am I on your ignore list?
tonydanzah
Well-known member
student buyers can usually only get one per item. It could be an industrial account
caper
Well-known member
I would bet on an industrial account or gov tools that grew legs.
There are also lots of dealers that buy stuff by the pallet when the deal is there. They have EBay accounts that are hidden from there franchises.
I know quite a few of them that sell there overstock that way for a percent over there cost. They still make a bunch without having to pedal it on the streets.
But they do often get caught.
I know quite a few of them that sell there overstock that way for a percent over there cost. They still make a bunch without having to pedal it on the streets.
But they do often get caught.
I pay wholesale.
What is wholesale?
.I've always wanted to know, could you PM me if that sort of thing isn't classified?
nate379
Banned
50-60% of list on most stuff.
SpiderGearsMan
Banned
1 22 mm 24mm open end wrench -77 dollars
I 1/2 drive 24 inch flex ratchet 200 bucks
not for the faint of heart
I 1/2 drive 24 inch flex ratchet 200 bucks
not for the faint of heart
SpiderGearsMan
Banned
a wheeler dealer
caper
Well-known member
He gets the industrial/gov discount.Guys like him who get a discount reselling on ebay is where a lot of the Snap on comes from on there.
I don't understand. I work for a Megacorp that can get a huge discount on anything if it wants one. But people working there don't pay for their own tools. Do some businesses negotiate a deal with Snap-on that allows their employees to buy their own tools at 50% of list? This would present an arbitrage opportunity, unless there are strict rules on volume per person, or you can't take your tools home, etc.
All I can say is that we're a multi billion $ corp and the best I've seen from SO industrial is about 60% of MSRP.
SO does not extend the discount to employee purchases and it's too much internal red tape to get the company to get us the discount for employee purchases.
These Ebay deals are likely inventory buyouts, theft etc.
Igotta355z28
Well-known member
I doubt it's student discount. I'm limited to 1 of each item, I thought about buying the stuff at the about 60% off rate I get and reselling at about 45-50 off but I didn't want to get my discount taken away for abuse. Could have helped me supplement my tool costs though.
nate379
Banned
Industrial discount. I have better things to do with my time then buy them at a low cost and resell. Not to mention if I got caught doing that I would be in deep ****.
I have bought things for friends, but I didn't make money off it.
If I buy a tool set for work or for myself it works just the same. I just use a different card depending on who is paying for it.... and that of course determines where it goes.
I have bought things for friends, but I didn't make money off it.
If I buy a tool set for work or for myself it works just the same. I just use a different card depending on who is paying for it.... and that of course determines where it goes.
caper
Well-known member
Nate,sorry if that came out wrong.I didn't mean to imply you were reselling tools.I meant guys who get the discount like you do may be doing it.I realized after re reading my post that I could have worded it better.
James E
Well-known member
There are lots of defaults on tool sets bought on credit. Maybe it's guys selling their tools before they're repo'd or maybe dealers selling repo'd tools trying to recoup some of the loss?
I've bought stuff from other suppliers with my personal credit card instead of the company one. If SO industrial take credit cards an employee who's already buying for the company likely wouldn't have much trouble buying stuff with their own card.
nate379
Banned
Exactly. When I asked my dealer he said something to effect that money is money.
foul_ball
Well-known member
If you see a capital letter B with a circle around it engraved on the tool, it either was sent to Boeing surplus or was "liberated" from a factory.
https://active.boeing.com/assocproducts/surplus/SearchResults.cfm
https://active.boeing.com/assocproducts/surplus/SearchResults.cfm
Heavy Metal Doctor
Well-known member
Same here --- If I need it, I don't ask what the price is....Heck, even if I just really "like" it, I don't ask........
My dealer's favorite response to price questions is "it's cheap, cause ya only buy it once!! (as long as you don't loose it, that is.)"
heelsroll
Well-known member
Lots of companies allow their employees access to volume purchases -- whether Snap-On or UPSfreight or software or office supplies. Sometimes it's quietly allowed, other times encouraged by the company; whether or not the service provider likes it, I couldn't say; I know one of my sales reps didn't care as long as it kept me happy -- no different than stopping by to buy us lunch. That's not to say that anyone involved intends those products to be resold.
I have known guys who kept a day job they didn't care about just to keep those 'perks.'
I have known guys who kept a day job they didn't care about just to keep those 'perks.'
crewchief888
Well-known member
back when i was a senior in HS, i got a job interview/placement through my vocational machine shop program.
we were given a tool list that included basic machinist tools, a few hand tools and a toolbox.
i purchased all of machinst tools at cost through the school.
it was kinda a "sly & shady" deal, paid cash to the instructor, and he replaced the tools in the schools inventory using the schools discount through a starret distributor.
but i got my tools at a HUGE discount.
we were given a tool list that included basic machinist tools, a few hand tools and a toolbox.
i purchased all of machinst tools at cost through the school.
it was kinda a "sly & shady" deal, paid cash to the instructor, and he replaced the tools in the schools inventory using the schools discount through a starret distributor.
but i got my tools at a HUGE discount.