vintagefan
Well-known member
- Joined
- Mar 2, 2012
- Messages
- 613
Just for fun, I did a bit of looking around at current prices on second hand Snap-on items, just as an example, say a T72 or 211SFSY. I was really surprised to see that many of the "popular" items have dropped significantly in price in the last year or two.
Keep in mind, I'm looking at like new to excellent condition here, it's more of a crapshoot when you're looking at well used tools.
I remember when it was near impossible to find a T72 for less than 50 shipped, and a TL72 for less than 60 shipped. Now I'm seeing TL72's for the price that T72's were going for, and T72's seem to be selling for dirt cheap more often than ever, like $25-30 range. Like new F80's used to be almost impossible to get for less than $70 or $80, and now I'm seeing them dipping into the sub $50 range.
It seems like this across the board. I understand that it's partly because it's still close after the holidays, but I've been seeing this trend for over a year, so I don't think it's strictly cyclical.
Every once in a while I'll pick up a lot of Snap-on, and it seems that each time I do it, I have a harder and harder time unloading the spare pieces for a reasonable price.
In fact, it's gotten to the point that I don't usually bother with lots any more, because I may actually end up worse off, even if I get a great price on the whole bunch. I remember when prices were so solid, that I could buy a lot, sell half, and get the other half that I needed for free or close to it. I can't even come close to that any more.
Here on GJ, for example, it used to be that all T72's, F80's, etc. sold within a couple dollars of each other, and a $1-2 dollar discount from average would casuse a ratchet to sell within minutes of listing.
At one time, you could pretty much draw a graph showing time to sell vs. offset from average price, and it would generally be spot on.
Now, prices are more spread out, and it's very hard to predict how fast things will move, if they move at all.
Ebay used to be worthless for buying like new SO, because people would pay 92% of retail for it. Now, half the time I'm happy if I manage to pull 50%.
My personal theory is that this is a combination of more conservative buyers due to worries about the economy, and also many more people moving to buying new direct from SO or the truck, because of SO's push to enforce warranty. I think that it's cause the second hand market to deflate.
Anyways, thoughts?
Keep in mind, I'm looking at like new to excellent condition here, it's more of a crapshoot when you're looking at well used tools.
I remember when it was near impossible to find a T72 for less than 50 shipped, and a TL72 for less than 60 shipped. Now I'm seeing TL72's for the price that T72's were going for, and T72's seem to be selling for dirt cheap more often than ever, like $25-30 range. Like new F80's used to be almost impossible to get for less than $70 or $80, and now I'm seeing them dipping into the sub $50 range.
It seems like this across the board. I understand that it's partly because it's still close after the holidays, but I've been seeing this trend for over a year, so I don't think it's strictly cyclical.
Every once in a while I'll pick up a lot of Snap-on, and it seems that each time I do it, I have a harder and harder time unloading the spare pieces for a reasonable price.
In fact, it's gotten to the point that I don't usually bother with lots any more, because I may actually end up worse off, even if I get a great price on the whole bunch. I remember when prices were so solid, that I could buy a lot, sell half, and get the other half that I needed for free or close to it. I can't even come close to that any more.
Here on GJ, for example, it used to be that all T72's, F80's, etc. sold within a couple dollars of each other, and a $1-2 dollar discount from average would casuse a ratchet to sell within minutes of listing.
At one time, you could pretty much draw a graph showing time to sell vs. offset from average price, and it would generally be spot on.
Now, prices are more spread out, and it's very hard to predict how fast things will move, if they move at all.
Ebay used to be worthless for buying like new SO, because people would pay 92% of retail for it. Now, half the time I'm happy if I manage to pull 50%.
My personal theory is that this is a combination of more conservative buyers due to worries about the economy, and also many more people moving to buying new direct from SO or the truck, because of SO's push to enforce warranty. I think that it's cause the second hand market to deflate.
Anyways, thoughts?
Last edited:
