Snap-on Ratchet Collection. What’s it worth?

[KM223]

I’m looking to drastically downsize and want to ask what it’s worth. I was thinking of selling as a lot. It’s 34 ratchets total all Snap-on. Most in new unused condition and some in used excellent condition. All used ratchets have new gear sets installed. I was thinking $75 each across the board for a total of $2550. Or I could split the lot and sell individually but the price would go up per ratchet. I’m not really motivated to do so but will if needed. What to do?

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[Wamsutta]

What about those two giant 1/2" drive ratchets that span the whole depth of the drawer? You're not going to sell those for $75 each are you?

 

[KM223]

What about those giant 1/2" drive ratchets that span the whole depth of the drawer? You're not going to sell those for $75 each are you?

I absolutely would if someone were to buy the lot complete.

 

[Wamsutta]

You're not including those torque wrenches in the lot are you?

 

[KM223]

No. But I’m not opposed to making a sweet deal for them along with the ratchets

 

[Kaane]

I am interested, PM'ed

 

[Davefr]

I wouldn't sell them as one lot.

List 5-10 a week on Ebay with a $1 starting bid and you'll be assured of getting top dollar. Make sure you click the Global Shipping option button.

I bet you'll end up close to 75% of MSRP and most of them will be super easy to ship USPS priority.

 

[R_einan]

If you sell them individually, I would love to entertain taking the FHNFD100 (green 3/8 roto)!off your hands...

 

[thecody59]

The only person that would buy the ratchets as a lot would be a reseller. I buy and sell Snap-on tools all the time and I'd only buy this lot if i could at least double my money. Your best bet would be to sell them individually.

 

[KM223]

Doubling your money on a lot like this would almost certainly be achievable. Or at the very least close. But I’m not willing nor do I have the time to make piece by piece sales.

 

[thecody59]

Doubling your money on a lot like this would almost certainly be achievable. Or at the very least close. But I’m not willing nor do I have the time to make piece by piece sales.

I certainly understand that. I have over 20 snap-on ratchets I'm trying to move myself. They are very difficult to move even at the low prices I'm listing them at. I only list them on here or Craigslist though because Ebay fees would eat up the profit.

 

[KM223]

That’s what I’m afraid of with Ebay. I’m not sure what the percentage is at eBay but I’m sure it’s not beneficial for the seller.

 

[thecody59]

That’s what I’m afraid of with Ebay. I’m not sure what the percentage is at eBay but I’m sure it’s not beneficial for the seller.

It's about 13% with Ebay and Paypal fees together. I only sell tools on Ebay if I know I can get top dollar for it.

 

[Mr_B]

Only way eBay works out is when have a final value fee promotion then you laughing.
You would struggle double money on that lot .
I would say as a job lot you looking at 60 bucks a ratchet .
Only person likely pay more is someone who may want keep a good few and sell rest to make outlay good .
The right ratchets sell well but a few there not going sell easily/quickly if priced high .
Your best bet would be make the little extra effort sell individually .
Love the neat drawer layout .

 

[Davefr]

That’s what I’m afraid of with Ebay. I’m not sure what the percentage is at eBay but I’m sure it’s not beneficial for the seller.

It's actually very beneficial to the seller. The 13% or so you pay Ebay will get you close to 2X the resale price of any other selling venue. That's because your potential customer base is the entire world. Some foreign bidders actually pay over MSRP for SO because SO is much more expensive in their native country.

It's also easier for the seller. 5 minutes to list, 5 minutes to ship vs having to deal with low ballers, flakes or CL looky loos.

That entire collection of ratchets could be listed in about an hour and as they sell you print a shipping label at home, package them in a USPS provided box and have your carrier pick them up. Nothing is simpler.

 

[Travisnd]

I'd be interested in some green handled ones. PM me some prices.

 

[Ronson25]

I'm interested in a price for that super long 1/2 ratchet on left

 

[Wamsutta]

What's the behemoth ratchet on the far right or is that a breaker bar?

Are you selling the extensions too?

 

[KM223]

What's the behemoth ratchet on the far right or is that a breaker bar?

Are you selling the extensions too?

Right side is breaker bars. I’ll sell everything down to nonslip liner!

 

[M6erfan]

My question is, what are you gonna put in that drawer after the ratchets are gone?

GLWS!

 

[Wamsutta]

Right side is breaker bars. I’ll sell everything down to nonslip liner!

I wish you would just keep all the tools. Selling perfectly good tools makes me feel sad. There's no telling what the circumstances are that lead up to that decision.

 

[KM223]

Don’t be sad. It’s just a space and lack of use decision. It’s only stuff. Albeit really nice stuff but stuff nonetheless.

 

[kelpaso1]

I see a couple bent handle 3/8 flex head ratchets there. Would they happen to be 80 tooth? My two are 30-32 tooth and have never tried 80 tooth ratchets. Would like to buy one or both if they are 72 tooth or higher.

 

[Tallpilot]

It's actually very beneficial to the seller. The 13% or so you pay Ebay will get you close to 2X the resale price of any other selling venue. That's because your potential customer base is the entire world. Some foreign bidders actually pay over MSRP for SO because SO is much more expensive in their native country.

It's also easier for the seller. 5 minutes to list, 5 minutes to ship vs having to deal with low ballers, flakes or CL looky loos.

That entire collection of ratchets could be listed in about an hour and as they sell you print a shipping label at home, package them in a USPS provided box and have your carrier pick them up. Nothing is simpler.

That’s the reality. I won’t pay more than 50% for used Snap-on because of the lack of warranty. But it sells great on eBay. If you really want to dump your tools and want top dollar I can’t think of a better way to go.

https://www.ebay.com/itm/New-Snap-O...113297&hash=item2140ee0075:g:5EEAAOSwRQlbFy8M

Here’s a closed listing.

 

[kelpaso1]

That’s the reality. I won’t pay more than 50% for used Snap-on because of the lack of warranty. But it sells great on eBay. If you really want to dump your tools and want top dollar I can’t think of a better way to go.

I don't understand the reasoning with this. I did work as a mechanic in a shop. But when I moved out to the country the truck guy didn't feel like showing up and I wasn't about to hunt him down in town. So when I wanted a tool I bought it off their online site (so I do have a record of buying from them). I have bought used SO tools and have had no problem with any warranty issues when I called SO on the phone. I have explained to them that I bought a used ratchet a few years ago that needs a rebuild kit now, or a wrench/socket that is just worn out and I don't have a truck guy anymore. I even offer to actually buy a replacement, and they always have said no worry we will send you a replacement free, discard broken tool. Never been asked to provide a receipt.

 

[M6erfan]

That’s the reality. I won’t pay more than 50% for used Snap-on because of the lack of warranty. But it sells great on eBay. If you really want to dump your tools and want top dollar I can’t think of a better way to go.

https://www.ebay.com/itm/New-Snap-O...113297&hash=item2140ee0075:g:5EEAAOSwRQlbFy8M

Here’s a closed listing.

Yeah, but that listing is the green handle, easily a $50 premium over red

 

[jonshonda]

That’s the reality. I won’t pay more than 50% for used Snap-on because of the lack of warranty.

So it would be safe to assume that if I have no record of buying off a truck or online, my used snap on items would not carry a warranty? I am asking because I am thinking about looking at a bunch of tools this wknd that are snap on, and the seller's asking prices are based on lifetime warranty.

 

[KM223]

So it would be safe to assume that if I have no record of buying off a truck or online, my used snap on items would not carry a warranty? I am asking because I am thinking about looking at a bunch of tools this wknd that are snap on, and the seller's asking prices are based on lifetime warranty.

I have found this not to be true. Every tool that was given to me by my father, grandfather or just purchased used has always been warranted or serviced by my Snap-on rep. He would simply ask what needed repaired or warranty work and just do it. Never asking for proof. Never questioning original ownership. My Snap-on guy simply understands the meaning and value of a lifetime warranty.

 

[Davefr]

So it would be safe to assume that if I have no record of buying off a truck or online, my used snap on items would not carry a warranty? I am asking because I am thinking about looking at a bunch of tools this wknd that are snap on, and the seller's asking prices are based on lifetime warranty.

Don't confuse warranty with consumer goodwill:

There is no SO warranty except to the original purchaser.

However SO Corp. has been known to replace tools w/o proof of purchase but it's YMMV based on consumer goodwill. Probability is greater if it's just one or two tools and if the owner has a history of buying from SO. Probability is lower if someone wants a bucket full of g-sale SO tools replaced.

If anyone is selling used SO tools and claiming there's a lifetime warranty to the second hand buyer, then they're lying.

On the other hand, dealers can be either more lenient or less lenient based on the business relationship. It's totally up to them.

 

[M6erfan]

So it would be safe to assume that if I have no record of buying off a truck or online, my used snap on items would not carry a warranty? I am asking because I am thinking about looking at a bunch of tools this wknd that are snap on, and the seller's asking prices are based on lifetime warranty.

I have found this not to be true. Every tool that was given to me by my father, grandfather or just purchased used has always been warranted or serviced by my Snap-on rep. He would simply ask what needed repaired or warranty work and just do it. Never asking for proof. Never questioning original ownership. My Snap-on guy simply understands the meaning and value of a lifetime warranty.

It helps a lot if you have a S-O 'guy' or have bought a ton of new stuff and have a good relationship with S-O.

Snap-On, by the letter of their law, warranties their products to the original purchaser. They will exercise discretion in most instances but they do not "have to" warranty a 2nd hand product.

There are many threads on this with people lamenting the fact that Snap-On would not warranty their eBay or garage sale ratchet.

 

[Tallpilot]

So it would be safe to assume that if I have no record of buying off a truck or online, my used snap on items would not carry a warranty? I am asking because I am thinking about looking at a bunch of tools this wknd that are snap on, and the seller's asking prices are based on lifetime warranty.

Do you have a dealer? Ask him if he will warranty your second hand tools. As shown below some do; however I suspect KM223 has spent a few dollars with his dealer and the service he receives is predicated on the possibility of him spending more.

If you don’t have a dealer call a few up and ask what their policy is. Call Snap-on customer service line and ask them.

I have found this not to be true. Every tool that was given to me by my father, grandfather or just purchased used has always been warranted or serviced by my Snap-on rep. He would simply ask what needed repaired or warranty work and just do it. Never asking for proof. Never questioning original ownership. My Snap-on guy simply understands the meaning and value of a lifetime warranty.

A good dealer is worth his weight in gold. Those of us that don’t have regular dealer service live in a different world when it comes to warranty service. I called two local dealers on multiple occasions asking to meet anywhere convenient to them. Both refused; I can only assume they are making so much money it wasn’t worth it to them to sell me a $500 Techangle. So I bought mine from the website.

I now have a fairly extensive purchase history direct from Snap-on and I receive excellent service anytime I call, which is admittedly rare.

 

[Gmonkee]

SO tools are a mass market product. Not sacred baubles with magic powers.

They may or may not be better than sacred baubles made by others and possibly in other places.

Buy SO if you like it and put more faith in using the products. Buy it because the thrill of opening a drawer full of Snappy is the same thrill as seeing your Porsche in your garage. Its valid. You feel good about it.
Buy it because you will be a better/faster/more skilled tech for owning and using it. Maybe you will with bolstered confidence.

Never buy it for a warranty. Never buy stocks in Sears based solely on a buy low sell high concept.
Get the details of what the reality could be and choose from there. It may still be a great buy for you possibly with warranty denied.
Nothing I own has one. It does not matter. I have four SO pieces I can recall and it may be difficult to convince a driver I am original owner of the 192? made stuff. Even the '45 and '60 stuff would be a stretch.

Who cares if I don't? Still good user tools.

 

[KM223]

My question is, what are you gonna put in that drawer after the ratchets are gone?

GLWS!

Nothing. The 84” Epiq is getting downsized as well.

 

[lugnut71]

What ?? going back to krl 7022 ?

 

[KM223]

What ?? going back to krl 7022 ?

No probably Epiq 60 or 68 at max.

 

[lugnut71]

I had a kr1000 for several years then switched to a krl1001 , few years later got a krl1003, then I got a 68" epiq, was on the fence about a 84, bought a new 84 epiq double bank ( only box I ever bought new) , that being said I don't miss the master series at all. But I do miss my 68 epiq, best size and drawer layout in my opinion. If I could sell or trade my 84 without loosing a ton , I am going back to 68, 13 drawer

 

[KM223]

I had a kr1000 for several years then switched to a krl1001 , few years later got a krl1003, then I got a 68" epiq, was on the fence about a 84, bought a new 84 epiq double bank ( only box I ever bought new) , that being said I don't miss the master series at all. But I do miss my 68 epiq, best size and drawer layout in my opinion. If I could sell or trade my 84 without loosing a ton , I am going back to 68, 13 drawer

I’d trade my Epiq 84 for a 68 in a heartbeat damn the loss.

 

[Evan(CA)]

I’d trade my Epiq 84 for a 68 in a heartbeat damn the loss.

Money seems to be of little consequence to you. Do you want to make my dreams come true? I'm in socal and I'll gladly come pick up your box and tools for free. Just stuff after all.

 

[Lookin4'67Galaxieconv]

KM223, just curious of the reason you're downsizing? No need for specifics if you're not comfortable sharing.

 

[aczr2k]

Sounds like you should just post them up here in lots? Quite a few of the guys are already interested.