Snap-On KRL-1004 Tool box value?

[hoarder]

A neighbor retired from being a dealership mechanic a number of years ago, he's looking to downsize his tool box.
The box is a 10 year old KRL1004 four bay roll cab with a stainless top and twin lockable risers. The box is mint, not a mark or scratch on it. He put the box in his garage, wrapped it in blankets and forgot about it for the past 9 or so years. He don't want to sell the tools, just the box, he told me to make a fair offer and its mine. He paid $19K for it new, and its no doubt still in new condition.
I priced the closest new box to it from Snap On today and it would cost me $24k to buy one off the truck. That's not going to happen but if I can buy a huge Snap On box like that for the price of say a Matco or other lesser brand, I'd probably jump on it. I talked to the local Snap On dealer and he said the box would sell on the truck for $12-14K in that shape.
I did an online search and can't find where any have been sold lately for any amount, other than a few that were sold damaged for under $3500. I don't want a damaged one, I wouldn't want his if it wasn't like new. I currently have the next smaller box, a KRL1003 which I bought new with a top, bottom, and two lockers for $13k in 2001, I intend to keep that box as well as a used KRL1003 I bought used at an auction in so-so shape for $1100.

I want to make an offer but I don't want him to think I'm trying to steal it cheap or take advantage of him. I do know he turned down $8500 from the Snap On dealer last month.

 

[bobcatdan]

If he turned down $8500, he is going to have it a long time. A 1004 is basically two 1001 welded together. They are very common. Try to establish an average price for one those in your area and double it. My guess is $2500 to $3500 so $7000. Talk to kids after he dies because it will still be there.

 

[Lookin4'67Galaxieconv]

 

[kythri]

Unreal pricing. The Snap-on dealer can afford to overpay for a used box, because he'll be able to finance someone to buy it, and it will likely "officially" have the warranty on it.

He'll eat even less of that payment if he sells the guy a smaller box at the same time.

While Snap-on might still provide warranty service if you buy a used box, it's not guaranteed and officially isn't available.

I wouldn't factor in what the driver would pay into your calculation, and bobcatdan is right - if the guy turned down $8500, you're better off looking elsewhere for a box.

 

[foreverfalcon40]

He is asking a lot of money up front, now a days $$$$ is something a lot of people don't have.

I google imaged the number and if that is HUGE box then I think it is overpriced. On EBAY you can get Triple Bank with two tall sidelockers for well below $8,500.

Every SO dealer is different, my SO dealer will not give cash for a box ONLY credit!

 

[Spudland_Dave]

Every SO dealer is different, my SO dealer will not give cash for a box ONLY credit!

Same with both the SO & MAC Trucks I frequent...
OP How certain are you that he indeed turned down 8.5 from the SO Guy? Seems way high regardless of who's buying, figure in the SO Guy would resell it...doesn't add up to me.
I would think any SO Guy would be much better off using the incentives and what have you and try to get people into new boxes for the same money. 8500 bucks cash money on a SO or MAC Truck buys you a REALLY Nice box in the color & config YOU want.... +Genuine Warranty, +Free Delivery, +Some Cool Promo Items...

kythri is probably technically right in the SO Guy can "overpay" for it because he can finance someone on it, but I'd argue why would he even bother? He can do the same thing with new boxes...less headaches, order what a customer wants, Wont have to drive around with a used box on the truck TRYING To unload it...he wont hear "oh well I don't want a red one..take 2k off" etc..
What I COULD see if the SO Guy was banging the old guy's daughter was him trying to sell it on Consignment...drive around with a pic of the box trying to get a deal lined up, etc.. but still, no way would I pay 8500 bucks on a used 10 year old box. It may be "Like new" but its still an old & used box.

 

[RV77]

I say 10K-11K is fair for a 1004 w/ twin upper cabinets per your post.

 

[CWP1616L]

It is worth $00.00

Too damn big.

 

[firebox40dash5]

kythri is probably technically right in the SO Guy can "overpay" for it because he can finance someone on it, but I'd argue why would he even bother? He can do the same thing with new boxes...less headaches, order what a customer wants, Wont have to drive around with a used box on the truck TRYING To unload it...he wont hear "oh well I don't want a red one..take 2k off" etc..

Dude, you should see what my tool guys can buy and sell boxes for. I at every one they get. My Matco guy has a KRL7002 on the truck that he paid $3200 for, and a line on a "killer deal" on a rougher one for $2800. He sold a KRL7002 to a friend of mine for $4500 and later repoed it and resold it for $4k... and that's not even 'his brand'.

My Snap On driver is nucking futs with what he'll ask and offer. When I asked on here earlier this year about prices on a beat-to-hell old KR660/top/side combo a relative is trying to dump, he said he'd gladly offer $1500 and pay $2000. I'd like to meet the suckers they're selling these older used boxes to for more than a newer, cleaner box goes for.

 

[fatfillup]

Finding people with big cash is hard. If he turned down $8500, he is a fool. As a reseller, the bigger the box, the harder to sell. I wouldn't pay over $6K if I had the space to store it and right now I don't.

A line I use on folks who ask for offers,,,,,,,,,,,,,How much you want,,,,,,,,,I can't be the buyer and seller both. And you can add, since we are neighbors, I don't want to offend you with an offer you would consider low, so you put a price on it. If he refuses, just say thanks, and let me know if you come up with a price.

 

[hoarder]

I actually didn't realize it was for sale till a buddy told me that his SO dealer tried to buy it. There's a Matco dealer here that has a matched pair of KRL1001 boxes set up the same way for $14,250 on the truck, I offered him $8500 for the pair and he laughed at it. He won't budge off them for less than $13,500 and only if I pay cash so he don't have to put it through the business. I want the stability of a huge bottom box,

I'm tired of the double decker three bay box being so tippy when its moved so I figured I'd lighten the load in that one a bit. Right now the sprung casters are nearly bottomed out. I have a buyer for the top from the KRL1003 for $6,000 cash, and its an older model and far more 'used' than this KRL1004. I also like the lockable work area that the risers create.
I called 7 area dealers, none had a 1004 on the truck or knew of any used boxes for sale, there's none on CL or eBay anywhere near here. There hasn't been any that I've seen. There was one north of here, a two hour drive, but it turned out to be a badly battered box that had been damaged from not being secured in transit. One end was smashed in far enough the last row of drawers were bound up. He wanted $7500 for that one and said he was firm on the price. I walked away pretty disappointed that I had wasted the trip and come home empty handed.

I certainly realize that money is tight these days, which is what got me looking even harder for one of these, figuring the tight economy would shake one loose cheap but no such luck. I got lucky with one of my KRL1003 boxes in that some old guy had it and was using it to store baseball cards in since new, I bought it off his widow for $5000 cash in new condition, but its teal in color and don't match any of my other boxes. (His kids kept the baseball cards). I only have the roll cab for that one, no top. I put that box in the basement to use for my wood working tools.
I've got more tools than the SO dealer has on his truck here, I could easily use two KRL1004 boxes but one more box is about all I feel I have room for. The 1004 will fit just right along the one wall in my one garage. I like the super size boxes because their harder to steal, its not likely the average thief will just walk off with a 12,000 lb box of tools. I don't have to worry about some crack head breaking in when I'm not around and waltzing off with my tool box and tools.

I snapped a pic of the KRL1004 today.
http://oi42.tinypic.com/33vzvv7.jpg

My current box:
http://oi42.tinypic.com/5fk6pt.jpg

 

[CWP1616L]

There's a Matco dealer here that has a matched pair of KRL1001 boxes set up the same way for $14,250 on the truck, I offered him $8500 for the pair and he laughed at it. He won't budge off them for less than $13,500 and only if I pay cash so he don't have to put it through the business.

Those KRL1001 boxes are old discontinued boxes. He's not going to get $13,500 for the pair of them ever. He'd be doing real good to get $8500 for them. On craigslist they're worth $2500 a piece at the very most.

 

[warmpancakes]

Local driver has a 120 epic and it needs to go

http://store.snapon.com/KEXN603A0-E...-20-Drawers-120-Wide-Gloss-Black-P650892.aspx


probably 12k would buy it

 

[Spudland_Dave]

Dude, you should see what my tool guys can buy and sell boxes for. I at every one they get. My Matco guy has a KRL7002 on the truck that he paid $3200 for, and a line on a "killer deal" on a rougher one for $2800. He sold a KRL7002 to a friend of mine for $4500 and later repoed it and resold it for $4k... and that's not even 'his brand'.

My Snap On driver is nucking futs with what he'll ask and offer. When I asked on here earlier this year about prices on a beat-to-hell old KR660/top/side combo a relative is trying to dump, he said he'd gladly offer $1500 and pay $2000. I'd like to meet the suckers they're selling these older used boxes to for more than a newer, cleaner box goes for.

One thing I learnt long ago is when it comes to Tool Trucks, YMMV is the understatement of the century. seen it with my own 2 eyes...My SO guy offered me all of the 99 buck deals going on this year, and I was on the truck when he sold/offered them to other people for the special price of $149.... I had to laugh my *** off when I saw him sell the Cman Combo wrenches I had traded in 15 mins prior for more then a new set at Sears costs.

At the end of the day, I think it boils down to not everyone has the cash to drop on a box. Its why you see the same ol boxes listed & relisted on CL all the time even though they are decent deals...most people cant swing it. YET off the truck they can turn & burn 4,000 buck boxes all day long....difference is one will take 50.00 a week.

Sad thing when people no longer think about what the true cost of an item is and only think of its weekly or monthly cost. Neighbor got a new F150 last year and was bragging to me how he's saving 50.00 a month...

 

[hoarder]

Well, It doesn't matter now, the Snap On guy was there about an hour ago picking up the box, he upped his offer to $9500 and some tools and he took it. He got cash, new Snap-On jackets for him and his wife, and a fancy new camera/bore scope as part of the deal. The dealer was from up north, not from this area. He came by with an enclosed car trailer all carpeted out inside and rigged to haul boxes. He had four other boxes onboard all were 2 and 3 bay boxes though and he wanted more than original list for any one of them. He said the KRL1004 was heading directly to its new owner, he wouldn't give a price.

I've been watching the local CL and there's no big boxes for sale, for any amount. Plus, most boxes I've seen are rough, well used and still priced like a new box. I don't mind if its scratched up a bit just so the price reflects it. There's a lot of Matco boxes listed but I want either a Snap On four bay box with lots of narrow drawers or a Mac Maximizer box but since there hasn't been a Mac guy here in nearly 20 years, I doubt I'll see one of those.

What I need is lots of square inch space, meaning the more thin drawers it has the better. There's a few up for sale here with big lockers but that don't help with small specialty tools. I have four big lockers I can use so long as I find a red box.
The older KRL1004 is the best choice, the newer Epiq has a strange layout and too many full width drawers for my liking, and the box itself and those long drawers don't feel as solid as the older boxes did. I'd even consider two matching older KR1000 boxes but those have been gone for 15 years now.
I always liked the hidden storage bin on the top surface for long tools rather than the single long drawer as on the KRL1001.
There is also a lot of entry level or smaller boxes listed, and most are listed cheap but I rarely see the heavier duty boxes listed at all.
If Snap On had a current box I liked, I'd be tempted to buy one but I don't see a layout that I like right now. Besides, even at $10K that KRL1004 was cheaper than any new box or combination of boxes that I've looked at new.

I've also run 'wanted' ads on CL and in the paper and got no real replies other than from a few dealers offering new boxes at $$$$ per month type of deals. What burned me the most about those offers was that not a one would give me a cash price or value.
Years ago the dealer would hand out a price list every year, now they won't get off the price list.
I don't think I would want to be a dealer these days, with the internet and SO website, its just as easy to just order it on a Credit Card rather then wait for the dealer to show up. The rolling dealer is just for warranty now I guess.

Snap On warranties all hand tools and boxes for life, regardless of ownership, at least that's the way every dealer I ever bought a box from explained it.
I don't see anything about warranty though on the website now though.
Dealers in the past have warrantied used boxes with no hassle but my last attempt to get a couple of drawer slides ended in them being no longer available and they 'traded' me into a newer version of that box for a huge discount.

If they don't warranty their boxes anymore, I guess the idea of sticking to the older series boxes may be my only choice.

 

[warmpancakes]

Snap On warranties all hand tools and boxes for life, regardless of ownership, at least that's the way every dealer I ever bought a box from explained it.
.

Nope, they are wrong, I just purchased a New Epiq the serial number was recorded to my name with the purchase and also the loan was registered with the state ( needed to do EC to get double rebate) Snap on is cracking down on warranty. But a good driver will always take care of you

 

[warmpancakes]

as far as wanting a certain combination of drawers snap on will custom build boxes You need to find out when the tool box truck is in your area

 

[Nanashi]

My small on epiq is warrentied for life. The warrenty only applies to the original seller. But usually your SO dealer has no idea if that's you or not.

 

[Spudland_Dave]

as far as wanting a certain combination of drawers snap on will custom build boxes You need to find out when the tool box truck is in your area

True, but when you start asking about custom drawers, the 2 SO guys I asked started getting a little Clearly they didn't want to do it.

MAC/Macsimizers really seem to be the way to go when it comes to custom drawer configs. When I had asked about outfitting a MB1350 to be similar in setup to the 1860 it was NO issue at all, says he does custom drawer builds ALL The time, not only in drawer config, but custom/2 color as well.

Hoarder...look into finding a MB1860. I know how you feel about having a **** ton of thin drawers...I've had a brand new KRL in my garage for 2 weeks now, haven't put a single tool in it yet cause I really don't care for the drawer config..AT ALL. If my wife would let me, I think I'd be looking to trade it in on a Macsimizer...At what you SO guy pays...tell him to come on over to Maine, I'll hook him up with a brand new 722...Just the other night I was debating on submitting my custom name plate thingie, but decided against it in case I really do end up selling it.

 

[Snappy80]

Re: Snap-On KRL-1004 Tool box value?t

This sounds like bs... The snap on dealers cost on a new 1024 is what he paid for the 1004 used. The box is more like 15 years plus, not 10 years old.

 

[Lookin4'67Galaxieconv]

Re: Snap-On KRL-1004 Tool box value?t

This sounds like bs... The snap on dealers cost on a new 1024 is what he paid for the 1004 used. The box is more like 15 years plus, not 10 years old.

Nice first post, buddy.