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Snap on KRL1003 like new: worth $3500?

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ron in sc

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I need to decide whether to buy or keep looking. I had a friend of mine checked out a 3 year old cranberry KRL1003BPM Span on three bay roll cab model with a butcher block top which also includes a matching two shelve service cart. He said it was in excellent condition, like new. I'd have to pay $3500 to buy it and drive out of town to get it.

Based on what I've seen sell and not sell on both ebay and craigslist that amount seems a little high. No really sure if this is that good of a deal or not. I offered $3K and that was my top dollar for now.

Is a toolbox like that really worth $3500?
 

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Flash21

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From the prices I have seen sell, I don't think $3500 is completely unreasonable given the condition and the matching service cart. That is a very desirable box! Although, I wouldn't consider $3500 a 'great deal'.

I think $3000 is in the ball park, I would consider that a reasonable deal.

It seems you have been looking for awhile - out of all the boxes you have posted I like this one best. Plus, it looks to be in amzaing condition which, I think counts for something.

I would be using the same approach as you; offer $3k cash and see how bad he wants to get rid of it.
 
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Flash21

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Oh yeah; You have to ask yourself what is more important to you...overall deal obtained/money spent or relative condition, color, model and brand.

For reference, there is a KRL1001 that isn't in as nice of condition as that in my area priced at $2500 firm with no service cart.
 
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ron in sc

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Oh yeah; You have to ask yourself what is more important to you...overall deal obtained/money spent or relative condition, color, model and brand.
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Condition, color, model and brand are very important but still getting a good deal based on the money I need to spend weighs heavily too.

It seems you have been looking for awhile - out of all the boxes you have posted I like this one best. Plus, it looks to be in amazing condition which, I think counts for something.
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I like it best too. This box has more cubic inches and square inches than the physically larger Matco 8535 which is basically down the street from me. The seller of that box wants way more than I would pay; it’s listed again on ebay for $3800.


I offered $3K; he was asking $3950 but had previously said he would go $3500. I think he will split the difference at $3250 if I offer it. An added bonus is the seller is very cordial to deal and for me that does factor in. Deal does include that tool cart that's about $250 new.

Another photo.
 

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Flash21

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that thing is immaculate! How easy it is to work with the seller makes a big difference, I agree.
 
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ratchet_gear

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That box when new was close to $9000 and that's not including the butcher block or service cart. Considering the condition that box is in you cannot go wrong for that price, especially when also getting the extra goodies.
 
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ron in sc

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How easy it is to work with the seller makes a big difference, I agree.
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Several years ago I was within about 3 or 4 days of flying to Denver, Colorado from Charleston, SC to conclude a deal on a very nice and somewhat rare Porsche. I happened to ask the seller if the bra, one of those things that are sometimes put on the front of cars to keep them from getting road rash was included since it was on one of the photo of the car. Well the seller rather rudly said no, but he would sell it to me for another $100. So I asked if he was going to drain the fuel tank of all gas or compute the amount in the tank and charge me for that too. He was taken aback.

I though it was rude and ridiculous to jerk a buyer paying a pretty good sum of money for an item over one-hundred dollars. I just told him to keep his expletive deleted car.

I could not bring myself to pay money to someone like that.
 
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PowderKeg

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While my opinion is worth bupkuss, that is one beauty of a box! If only I had an income and location to afford one....

That would hold alot of ratchets....
 
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CAT_serviceman927

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I don't think $3500 is unreasonable for that box at all. Considering a brand new KRL1023, the KRL1003s replacement) is $10,065.00 currently, plus around another $500 for the top and $200 for the cart, I think $3500 is plenty fair. Hell, I just got a used KRL1022 and I paid $3000. If my dealer had that box for $3500, I'd have been all over it.
 
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Merkava_4

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ron in sc,

In case you're waiting for the green light from me. . .

GO GET IT !!!


21_33_67---Green-Traffic-Lights_web.jpg
 
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ron in sc

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The seller called me back and asked if I would split the difference and pay $3250. Actually I was going to call him and ask him the same thing. So yes I'm buying the toolbox and the cart for $3250. The seller is a real nice guy and I'm not inclined to argue over $250 more dollars when I was willing to pay $3K.

Hopefully it will be as nice as I expect and as my buddy who looked at it said. It's not to far as it's in Wilmington, NC. Hopefully I can go up one day next week and get it.
 
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Lookin4'67Galaxieconv

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ron in sc said:
The seller called me back and asked if I would split the difference and pay $3250. Actually I was going to call him and ask him the same thing. So yes I'm buying the toolbox and the cart for $3250. The seller is a real nice guy and I'm not inclined to argue over $250 more dollars when I was willing to pay $3K.

Hopefully it will be as nice as I expect and as my buddy who looked at it said. It's not to far as it's in Wilmington, NC. Hopefully I can go up one day next week and get it.
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I don't know much about those boxes...my snap on boxes are smaller and 25 years old...but I agree with the other guys here...that box is f/k/n beautiful!:thumbup: It's worth spending a few hundred $ more sometimes to buy something like that b/c it may take you another year or two...or more to find a deal like that again...if you do. You'll be happy you got it, I'm sure! :beer:
 
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Flash21

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CAT_serviceman927 said:
I don't think $3500 is unreasonable for that box at all. Considering a brand new KRL1023, the KRL1003s replacement) is $10,065.00 currently, plus around another $500 for the top and $200 for the cart, I think $3500 is plenty fair. Hell, I just got a used KRL1022 and I paid $3000. If my dealer had that box for $3500, I'd have been all over it.
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CAT serviceman....Let's see some hi-res shots of that KRL1022. That is the model I would love to pick up!

What color? :beer:
 
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toolfreak

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That is one hell of a buy. This question is not directed at the op but why does everyone think sellers should practically give a toolbox away? Everyone seems like the seller should just give it away.
 
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Gabriel J

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toolfreak said:
That is one hell of a buy. This question is not directed at the op but why does everyone think sellers should practically give a toolbox away? Everyone seems like the seller should just give it away.
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To me that was a good deal based on the condition of the toolbox. If the seller "practically gave it away" he wouldn't be collecting $3,250.

Anyone who pays full price for one of those boxes is just throwing their money away based on the HUGE markup done by Snap On dealers...If someone thinks their box is worth more than half of Snap On's MSRP, they are sadly mistaken.

It's no different than a Ford F350 with sticker price of $45,000 that in three years won't sell for more than $20,000...
 
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ron in sc

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...why does everyone think sellers should practically give a toolbox away?
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I think quite a few people who buy these large toolboxes think they are worth more than they are when it comes time to sell them.

When you read ads for toolboxes sellers use such terms as “over $8000 invested” or “sold for $8000 new." Those phrases tell me right off the seller may have unreasonable expectations. To my way of thinking a toolbox is never an investment. An investment is something that will appreciate in value and it’s unlikely a toolbox will appreciate. The second phrase I mentioned above relates to the seller wanting to tell me what they paid for the toolbox. I don’t care what they paid. I want to pay the fair market value for the toolbox. The fair market value is determined by what people will pay for a particular item. If the seller inherited a toolbox with a fair market value of $5000 I would expect him to sell it for $5000 and not less just because he had no money ******* in it.

Whether the seller makes or loses money on a particular item is generally not a factor unless the buyer considers the item a must have.
 
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eschoendorff

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ron in sc said:
I think quite a few people who buy these large toolboxes think they are worth more than they are when it comes time to sell them.

When you read ads for toolboxes sellers use such terms as “over $8000 invested” or “sold for $8000 new." Those phrases tell me right off the seller may have unreasonable expectations. To my way of thinking a toolbox is never an investment. An investment is something that will appreciate in value and it’s unlikely a toolbox will appreciate. The second phrase I mentioned above relates to the seller wanting to tell me what they paid for the toolbox. I don’t care what they paid. I want to pay the fair market value for the toolbox. The fair market value is determined by what people will pay for a particular item. If the seller inherited a toolbox with a fair market value of $5000 I would expect him to sell it for $5000 and not less just because he had no money ******* in it.

Whether the seller makes or loses money on a particular item is generally not a factor unless the buyer considers the item a must have.
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Simply put, one is foolish to view any "thing" as an investment. Even a house has no guarantee of being an appreciating asset in this economy.
 
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GDA

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ron in sc said:
The seller called me back and asked if I would split the difference and pay $3250. Actually I was going to call him and ask him the same thing. So yes I'm buying the toolbox and the cart for $3250.
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Congrats on a great purchase and one that will bring years of enjoyment every time you are in your garage. :beer:
 
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Nealcrenshaw

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A tool box is an investment!!
With the amount of money you will make with that toolbox.
From being organize, less breakdown repair time, the impression it will give your customers,which allows you to charge the amount of money that the job requires. Resell Value(i wouldn't)
This box definitely pays for itself!
 
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Merkava_4

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Every time someone bumps this thread I think Ron has got the box and is posting pictures. . .

He said he would get the box next week; next week is here!!!

I want pictures! :tantrum2:
 
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ron in sc

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A tool box is an investment!!
With the amount of money you will make with that toolbox.
From being organize, less breakdown repair time, the impression it will give your customers,which allows you to charge the amount of money that the job requires. Resell Value(i wouldn't)
This box definitely pays for itself!
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Still not an investment. At best an expense that can be written off the year it's purchased or if not then an item that is subject to depreciation for tax purposes.

For me it's none of the above but simply something I wanted for my garage.
 
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