Garage sale pricing

[mshell56118]

So we are having a garage sale and I am selling some tools
Some sockets ( name brand and off the wall brands)
Wrenches (name brand and generic)
Screwdrivers mainly of the Wall brands
What would be a good price to put on these individually I kinda what to rice all sockets on price wrenches another and so on. Any advise greatly appreciated

 

[fitz11]

.25 or .50 each

 

[xyster101]

Off brand $1 each or 6 for 5. Name brand sockets $2 each or 4 for $5. Wrenches $3-5 i guess. Price em what you would pay at a garage sale.

 

[hoho98925]

When I have a sale I price stuff cheap! If I'm thinking of selling something its generally an item i don't want/need and I probably have 10 extras. Last sale I had, I had a hundred plus import sockets, put um in a box got $20. If I'm gonna go through the whole ordeal of a sale, stuff better be gone when I'm done or its just a waste of my time. And that's what I think about that.

 

[mshell56118]

Off brand $1 each or 6 for 5. Name brand sockets $2 each or 4 for $5. Wrenches $3-5 i guess. Price em what you would pay at a garage sale.

This is kinda what I was thinking

 

[JTslim]

price them moderate- dollar each- sockets cheaper, or don't put a price on them. On the first reasonable price someone throws at you, make a deal. Then they might spend more time looking around and possibly buying because they know you are willing to make deals.

If **** is outrageous, I leave- if a guys starts off with a great deal, I stick around and look harder, and try different deals...so you got a lot of stuff??

 

[Silver Heels]

FWIW,

The restore by me sells sockets for $.50 ea, could be snap on or could be garbage. Wrenches are usually a buck a piece, sometimes $2 for a large wrench

 

[Vegaman_Dan]

Put them in tubs, buckets, or open boxes with a sign- Anything in this box: 50 cents/ $1 / $5 / whatever. Maybe makes a couple of them so you can sort stuff. You don't have to deal with pricing and people like digging through a bunch of stuff when the think there is a bargain to be found.

You have to decide early on what the goal of the garage sale is:

1) Do you want to make money?
2) Do you want to clear out space?

The two don't have to be exclusive of each other, but set your priority. For me, it's about clearing space, so I'll price things lower than normal just to make them move. And when someone gets a deal on one item, they are more likely to buy more stuff. I need the space more than I need the items taking up that space.

 

[Leaflessshadetree]

Good quality and Craftsman wrenches, $1-2/wrench. Top quality wrenches more.
Good quality and Craftsman sockets, $.25 for 1/4 or 3/8 drive. $.50 for 1/2". $1-$2 for larger.
Cheap or worn tools. $.10 (or give away with purchase of quality tools).
If you have complete sets maybe a little more.

 

[jeff000]

You have to decide early on what the goal of the garage sale is:

1) Do you want to make money?
2) Do you want to clear out space?

This.

I go to so many garage sales where things are priced close to new even. And see some on the sunday where hardly anything has moved.

But then I have been to some where I kinda hummed and hawed at something and the guy was like just take it. And see some where the sunday everything is just on the driveway with a big free sign. People will take even garbage if it's free.

 

[GarageWarrior]

So we are having a garage sale and I am selling some tools
Some sockets ( name brand and off the wall brands)
Wrenches (name brand and generic)
Screwdrivers mainly of the Wall brands
What would be a good price to put on these individually I kinda what to rice all sockets on price wrenches another and so on. Any advise greatly appreciated

You might do better at a weekly auction. In my area garage sales are a waist of time.

Currently liquidating my shop - last night I sold about $600 worth of miscellaneous small **** at farming tools auction. Gave $200 to auctioneer - well worth it - he provides the space and brings in the crowd, and gets them bidding, I just show and describe the stuff. Same stuff that sold for $3-$5 at an auction, I could barely give away for a buck at numerous garage/yard sales (small socket sets, hardware sets, hammers, axes, rope, small power tools, grinders, grinding wheels, lights, paint brushes, rollers, trays, wire brushes, garden hoses etc). Best thing - no need to clear out garage, setup displays, post signs, etc and then sit around all day waiting for people to show up.

 

[Marc Benjamin]

When, I go to a Gsale, I buy loose usa sockets at .25-.50 and upto $1 for a wrench. A set on a rail maybe a bit more.

If you're selling standard, good lord try to find someone to take the whole lot for $20 cause you're gonna be sitting on those for a while if you try to piece them out.

 

[BDT/NWMN]

If tools are in a set; sell them as a set.... Price the stuff at a price you would be willing to pay if buying rather than selling.. I would keep the premium tools separated from the dime store and cheapo stuff... This way; when Rufus walks up to the cheapo tools, he will not be turned off by your justifiable higher prices on the premium tools... Sorting it will make it easier for Rufus to find the "great buys" .. The Group looking for the better tools will not have to kill the day Waiting behind Rusus ,who will be checking out the cheapo junk at a different table.

 

[ajchien]

I'd let the guy say, "How much?" Make an offer of what you wouldnt feel bad letting it go for. When he counteroffers, go down to a price you feel a little irritated at. Thats probably the right price. If you go down to a "Hell no way price", then you'll just regret selling it.

Pricing too high will mean that the buyer just passes and leaves. Give it a chance to make a deal.

 

[metalmagpie]

I generally price things relative to replacement value. For a garage sale I would consider somewhere between 10-20% of replacement value.

I would never buy imported used sockets. If it were me I'd put all that **** in a box and go give it to Goodwill and write it off your taxes. Wrenches in popular sizes (3/8-3/4") for homeowners I'd price at about a buck tops, with liberal dealing.

Homey had it right when he asked do you want top dollar or stuff gone? I would suggest that for top dollar you skip the garage sale. People shop those looking for deals. Most people these days if they want a wrench will go to Home Depot and buy a new Husky.

About a year and a half ago I went to a local swap meet needing 14mm wrenches for a project. One guy had a huge pile of **** tools. I dug for about 20 minutes and emerged with one ****** rusty wrench made in India. I asked the guy and he said "Five bucks" and I about fed him the damn wrench. (FYI a new 14mm Husky at HD is $2.99!)

metalmagpie

 

[porschedude996TT]

Ahhhh, Off the Wall would not include junk I would hope given the price points. There are some real junk hand tools out there. I recall a brand called Globe Master, I wouldn't give you scrape iron price for these (10 cents a pound).