Buy new now or wait

[Mitch schiffer]

As most know prices have increased significantly the past year. I have a couple of machines im looking to buy. Should I wait for a price decrease? I have been waiting and since there has been more increases. I'm wondering if I keep waiting if the price will just keep going up and up. I could go a year or so without buying the machines im looking at.

[Jim Andrew]

Glad I already have a pretty good shop setup. Would not be wanting to buy much at these prices. The official inflation rate is about 7%, but have heard financial people saying that the real inflation rate is twice that.

[Erik Loza]

...I'm wondering if I keep waiting if the price will just keep going up and up...

Yes. I've been in the industry almost 20 years and never seen the rapid succession of prices increase like nowadays. In my opinion, you (consumers) should expect a quarterly price increase for the foreseeable future. We all get iron, steel etc from the same sources and we all use the same shipping companies to get machinery across the water.

I just placed an order for a couple of custom-built machines and the factory came back with a delivery time of 11 months.

Erik

[Mitch schiffer]

Do you think prices will ever come back down?

[Bryan Hall]

More price increases sound quite reliable. Decrease? Not expected in my mind.

[Andrew Seemann]

It is pretty unlikely prices will come down soon, or ever. Just being able to get machines in a reasonable time is a challenge now.

[Patrick Kane]

I can’t see prices decreasing for atleast another year. Most of the manufacturers are still backordered months. You need the supply to catch up before you see prices level out. I find it hard to believe prices would decrease to 2020-2019 levels, ever.

[Mitch schiffer]

I am also thinking prices will not come down, but my local dealer seems to think there will be some decrease as machines come back in stock.

[Bryan Hall]

I think the top brands will stay high. Look at sawstop, they are the most expensive, are raising their prices, and stores are stuffed with their saws.

Budget brands may find they can't push their stuff at the higher prices. I saw a lot of Laguna stuff piled up at the store today. I'd be surprised if they can hold their premium prices with the lack of matching quality and customer service.

[Ron Citerone]

Buy now, life is short, the chance of prices dropping is low. My 2 cents

[Philip Glover]

Buy now!
Prices never go down.
Today's dollars are cheaper than tomorrows dollars.

PCG

[Dave Zellers]

Buy now!
Prices never go down.
Today's dollars are cheaper than tomorrows dollars.

PCG

Deja Vu

This was the mantra in the '70's

And I do agree that this mentality does lead to prices stabilizing at the higher level. People buying now, to avoid higher prices later, legitimize the increases.

The OP's question was buy now or wait and said he could wait a year. IMO, even if the supply chain issues are solved, I would expect any price pullbacks to be minor. Wages will need to go up to attract new workers so I believe these increases are here to stay. It's almost impossible to give advice- no one knows where we are headed and/or what the results will be but here's mine- if you are young and can enhance your business with it, do it now. A year is a long time. Who knows where we will be as we enter 2023.

[Richard Coers]

What is your age now? Can you afford the current price? We had 4 friends get cancer diagnosis in the past year, 1 just died. Now with machines taking a year to deliver, why would prices go down? No one can predict when inflation will slow or settle out. Who would have guessed the pandemic would be into the 3rd year? In other words, buy if you want or can.

[Jacques Gagnon]

Mitch,

I do not know many people who have a verified track record for accurately predicting the conditions you are asking about.

A few questions for your consideration:

Are there lost opportunities associated with waiting one year?

Are the gains associated with waiting one year outweighing the « most likely » higher prices that will prevail then?

Are you planning to buy new? If so, you are probably looking at 12 months or more for the new units to arrive with a price tag that has already been signaled as being higher by manufacturers.

Are the machines you have in mind easily available on the used market at a price and in a condition you find acceptable? Are you in a position to be able to wait for an unknown period of time before what you are looking for becomes?

One aspect to consider is the possibility that manufacturers may offer some products at reduced prices (limited time promotions) at some point. The question here is whether such promotional offers would include the tools you need.

Regards

J.

[Rich Engelhardt]

If you have the money to spend - buy now - and buy it on credit.
The dollars you use to pay for the purchase will be worth less (please note - worth less, not worthless) than the dollars are worth now.
Just make sure the credit terms are attractive - you can afford credit wise to carry such a debt, and of course as with all credit purchases - you have the means to pay off the note at any time.

We get offers all the time for 0% for up to 18 months.
Some even go further and offer a cash incentive on top of 0%.
We usually take advantage of these offers when it suits us.

[Erik Loza]

Do you think prices will ever come back down?

No. I have never seen machinery get cheaper. Only more expensive. As I tell my customers: All that happens is that you pay more for the exact same piece of equipment and still have to wait.

Erik

[Scott Clausen]

No. I have never seen machinery get cheaper. Only more expensive. As I tell my customers: All that happens is that you pay more for the exact same piece of equipment and still have to wait.

Erik
The manufacturing cost increases are here to stay. I suppose the shipping cost could retreat some in the future but that is a crapshoot at best. To those that think inflation is 7% are dreaming. Some of the equipment buy and resell has gone up almost 100%

[Stan Calow]

Deflation would be a worse sign for the economy. Inflation is how a free market system corrects for supply/demand imbalance. I'd be looking hard for used equipment before I paid some of these prices.

[Erik Loza]

The manufacturing cost increases are here to stay. I suppose the shipping cost could retreat some in the future but that is a crapshoot at best…

Professionally speaking, we (anyone in the industry) have been telling this to prospective buyers since shortly after the pandemic started. Some were smart and realized it was not just another sales pitch. Those are the ones who were successful in acquiring machinery and whose businesses are currently doing well. Others are still dug in, thinking it will “go back to the way it was” or whatever. It’s not and may never. Those are the guys who are circling the drain, whether or not they realize it.

Erik

[Jacob Mac]

Rapid inflation encourages spending which furthers inflation, wash rinse repeat. I personally can't see a world where prices go down significantly. I see a lot of scenarios where prices continue to increase.

If I needed/really wanted something, I would get it now. That's the thought process I used in ordering a slider back in September. I still don't feel great about it, but I wanted it and I can't see prices going down.

[Mitch schiffer]

Thanks for all the replies to answer a few of the questions I am still pretty young (26). And I will be using the tools to make money as im rapidly switching my business from contractor to cabinet builder/wood worker. I am selling one of my rental properties soon and plan to put that money towards renovating a old grocery store i own to be my shop as well as a small store front for me to sell items I make. I could take some of that money to buy a few tools that I am wanting to increase productivity. Putting money towards tool would ultimately delay my renovation project of the new shop. Theses tools include a dovetail machine (i was looking at the powermatic), a Hoffman dovetail system for boxes and frames, a blum mini press, a automated stop block system for the miter saw, and a stand alone pocket hole machine. I have not personally seen much of these in the used market. I have seen a blum on ebay but missed out on the auction a few months back. These machines are not 100 percent nessicary but they would increase my productivity. As of now I am able to keep up with what I have.

[Rich Engelhardt]

Equipment for business purposes is a whole different ballgame.

Talk to your tax preparer and go over the different ways equipment can be amortized & what your tax liabilities are going to be with the sale of rental property.

[Mitch schiffer]

Equipment for business purposes is a whole different ballgame.

Talk to your tax preparer and go over the different ways equipment can be amortized & what your tax liabilities are going to be with the sale of rental property.

I have talked with my tax advisor and my understanding is that I will have more then enough write offs to carry me into the next year's it is really a wash either way on that. I also have a loss on paper from the previous year that I can carry into this year.

[Rich Engelhardt]

I also have a loss on paper I love it when that happens :).

[Carl Beckett]

I do not believe prices will come down in any significant way (work in the manufacturing industry).

[Tom M King]

If you wait, chances are you'll be disappointed in two ways. Buy now, and there is only the possibility that you will be disappointed one way, but that will be in the non-forseeable future, and you will have had the use of the machinery in the meantime.

[Erik Loza]

If you wait, chances are you'll be disappointed in two ways. Buy now, and there is only the possibility that you will be disappointed one way, but that will be in the non-forseeable future, and you will have had the use of the machinery in the meantime.

This is a great summary, Tom ^^^… Gonna’ have to remember how you put it.

There are no ideal situations these days. The sooner folks accept this and plan accordingly, the sooner they move forward towards enjoying their hobby machine/becoming productive in business. Remaining paralyzed only hurts you while others adapt and move on.

Erik

[Alex Zeller]

I don't think prices will drop. More likely they will stabilize. What we could see is sales like 10% or 15% off. Companies like Powermatic would often have one or two a year. But as long as there's orders for machines that haven't been built yet I wouldn't expect to even see much in the way of anything other than full retail. It amazes me just how far up prices have gone. I've gotten in a habit of looking at my tools and thinking "I could make a profit if I sold them".

[Albert Lee]

you will always be waiting... you only live once. buy it and get it over with

[Keegan Shields]

The “buy now before the price goes up” messaging is a well worn sales tactic (Festool anyone?) and works well in the current economic environment as does the “buy now to reserve your place in line” tactic. No hard feelings for any sales rep trying to make their quarterly quota. :) We use both at the Fortune 50 company I work at.

I scan tool listings on CL several times each day like a lot of Creekers, and anecdotally, I’ve observed a surplus of used tools in the Austin area compared to a year ago with prices gradually decreasing over time. Many of the listings mention upgrading to a new tool. I read that as people starting to receive their orders and restoring the inventory in our used market.

I recently purchased a 2 year old Grizzly slider from a cabinet shop for $3,200. I ended up selling my hybrid Grizzly cabinet saw for $100 less than I paid for it in about 6 hours. Still inflated prices, but they are slowly coming down.

For me, it would depend on how badly you needed the tool. Do you need it to make money? Is it an upgrade where you can get by with what you have now? I watched CL for 2 years for a deal on a used 15” planer. Finally found one in November, but it’s a hobby for me.

For a business, you need to calculate the opportunity cost - i.e. how much money will you miss out on if you don’t buy the tool? If the inflated tool price is $4k but you are turning away $8k in business every month, then it’s a no brainer.

[Rod Sheridan]

Yup, same in Canada, I can’t imagine prices going down, and sales are greatly increased……Rod.

[Rod Sheridan]

Agreed, also wood working shops are running flat out due to increased customer demand due to the Covid-19 pandemic.

People have a lot of disposable income due to the pandemic so they’re either renovating or buying hobby machinery, both result in more machinery sales either hobby or commercial……Rod

[Curt Harms]

Deja Vu

This was the mantra in the '70's

And I do agree that this mentality does lead to prices stabilizing at the higher level. People buying now, to avoid higher prices later, legitimize the increases.


I fear the comparison to the late '70s might be accurate. Does anyone remember what happened in the early '80s? With 20% interest to slow inflation? It wasn't pretty.

[Robert London]

Could prices eventually come down? Yes, but we’re talking 18-24 months, and it’s unlikely.

You would need high inventory levels to generate price discounts and have excess raw materials to move. If people stop buying things and warehouses stack up, then a significant price reduction could happen.

But you would most likely need a major economic recession and other factors to happen.

Most of the huge price increases have come from Taiwan and China. A majority of the machines are made in similar factories. That’s why everyone is raising prices. Grizzly, Jet, Powermatic, Shop Fox, Baleigh. They’re all getting their machines from same suppliers, with their own quality and tolerances built into their price points.

Heavy machinery has its own world to deal with. Raising prices 25-30% in 12-18 months is staggering. A 2600 machine is now $4000.

This isn’t happening in other industries, though. I work in high line German auto sales, and BMW, Mercedes and Audi didn’t raise prices 25%. You had nominal 3-5% increases on MSRP this past year.

[Edwin Santos]

Most of the discussion has been on machinery. I continue to speculate about wood prices. For years I have purchased 5x5 1/2" baltic birch for $25-$30/sheet. On Friday I was quoted $67, and that's from a pretty competitive commercial supplier.
Maybe a better case can be made for wood prices coming down because they spiked last spring and came down later in the year, not to pre-pandemic levels but significantly lower than the peak. I'm trying to scavenge my inventory and suddenly I'm treating cut-offs with new respect.

[Jim Becker]

I'm of the mind that one has to make a decision based on "now" for machinery. Yes, there's a chance the some prices might mitigate, but I seriously doubt it's going to be substantial and there's probably an equal chance that prices may continue to escalate. When I have a shop building up or at least a completion date, I'll just order the new saw...the price is going to be what it's going to be.

[Greg Quenneville]

“If you need a machine and don't buy it, then you will ultimately find that you have paid for it and don't have it.”


― Henry Ford

[Scott Clausen]

I fear the comparison to the late '70s might be accurate. Does anyone remember what happened in the early '80s? With 20% interest to slow inflation? It wasn't pretty.
Oh how I remember, I bought my first house and was in a hurry to lock in at 15% before rates went up.

[Lawrence Duckworth]

This is the saw I ordered back in May; canceled it in october cuz the delivery kept getting pushed back and I had to have a saw so I bought a smaller 14" jet Rockler had in stock. I haven't looked but ill bet you can't buy that saw for the same money today. btw, I see china ports are struggling with covid outbreaks again.



Rikon 10-347 bandsaw 18 inch Pro 4 HP motor × 1

$2,560.00











Subtotal
$2,560.00


Shipping
$0.00


Taxes
$179.20




Total
$2,739.20 USD

[Mike Monroe]

I have an friend who owned a small engine shop. He said back in the 1970's when Carter was president, prices went up quarterly and people were buying lawn mowers and chainsaws at a record pace - to lock in the price before it went up. I see the same thing happening now. Don't wait for the price to come down because the price is never coming back down.

BTW - just got my natural gas bill, price per unit is 42% higher than a year ago. Natural gas is used to make myriad of products. Everything is going up in price and will continue to go up for the foreseeable future. Inflation is real and it's here.

[derek labian]

Anecdotal, I've read many old SCM threads regarding various brands and longstanding models (model that have been around a while. I consistently see discussions regarding the price and its always been considerably cheaper. Some items have doubled in price since mid-2000's.

There are two factors I suggest you consider, 1) what possible savings are you likely to get if "prices come down", and 2) the lost value you to you by not having the machines while you wait. In other words, is the delta in possible savings, worth not having the equipment and its benefits for another year+.

[Mitch schiffer]

Everyone seems to be on the same page. It looks like I will have to do some thinking on what I should try to buy now on the basis of what is most likely to go up more. Unfortunately my truck just broke down so that could hinder what I can afford to buy now.

[John Goodin]

If in a similar situation I would buy now. It seems the risk of prices going up, possibly a lot, is greater than the chance they may come down. If on the other hand, we were in a recession with prices were trending down I would be tempted to wait for prices to bottom out. On second thought no I wouldn't. . .I would go to my wife and say "Right now, I can get a 20 inch planer for the price of what a 15" unit cost six months ago."

[Ronald Blue]

As one looks through the used equipment listings there are prices all over the place. Few that would be a bargain and many that are new prices for used machines. I'm not sure if they look at what the comparable or same model is selling for and then they decide theirs is worth that too or what. I realize many models are hard to get without getting on a list and waiting. The time used to be here that used was half to two thirds of new with a few exceptions. Now if it's in that range it's snatched up quickly usually. I've been contemplating a planer upgrade and watching the used market. What is out there goes quickly it seems unless they price it at new cost and you have to deal with transporting it. New are get on a list and hope it comes in sometime soon. But will prices come down especially for new? Very unlikely. Used might take a dive if things ever get close to the old normal again. However this may be the "new" normal. Even if the machines are on a ship off the coast you can't make the backlog go away overnight. To many factors at work. So if you need it buy it now because it isn't likely going to get cheaper.

[Tom Bender]

Clearly you don't really need it and if your finances are such that a broken truck is stretching them it may not be wise to have a lot of capital tied up in unnecessary equipment.

Also, in a year your business will change in an unpredictable way. That might not even be the machinery you need then. Leave your money in the bank.

[Mitch schiffer]

Clearly you don't really need it and if your finances are such that a broken truck is stretching them it may not be wise to have a lot of capital tied up in unnecessary equipment.

Also, in a year your business will change in an unpredictable way. That might not even be the machinery you need then. Leave your money in the bank.

You could say I don't need it now but I'm trying to be proactive. The finances could support them however the truck repair bill may be north of 10k as last time I had a similar issue with this truck it cost me 13k to fix.

[Jared Sankovich]

If we manage to crash like 07/08 then sure. Stuff will be cheaper(ish) mostly from the surge of used stuff as companies fail though. There also will be no demand for things you would sell for a few years so there's that..

[Charles Coolidge]

Meh, I got stuff to do before I die. Ordered Tuesday, shipped Wednesday, arrived today!

471616

[Justin Rapp]

I think the top brands will stay high. Look at sawstop, they are the most expensive, are raising their prices, and stores are stuffed with their saws.

Budget brands may find they can't push their stuff at the higher prices. I saw a lot of Laguna stuff piled up at the store today. I'd be surprised if they can hold their premium prices with the lack of matching quality and customer service.

I am not sure why everyone says sawstop is the highest price. Look at the prices of Jet and Powermatic. Jets 3hp with a lesser fence is $25 cheaper than the 3hp SawStop. Powermatic - there prices are $1000 over SS.

[Mitch schiffer]

Meh, I got stuff to do before I die. Ordered Tuesday, shipped Wednesday, arrived today!

471616

Nice glad to see your machine was in stock. I am waiting in several machines since November 1 of them since July

[Charles Coolidge]

Nice glad to see your machine was in stock. I am waiting in several machines since November 1 of them since July

Slim pickings out there. I waited months and months for other machines about this time last year.

[Paul J Kelly]

Albert,

Amen brother. Life is too short to lament what could have been when you can no longer use it. "Get busy living, or get busy dying" - Shawshank...

PK

[Geoff Barry]

This is the saw I ordered back in May; canceled it in october cuz the delivery kept getting pushed back and I had to have a saw so I bought a smaller 14" jet Rockler had in stock. I haven't looked but ill bet you can't buy that saw for the same money today. btw, I see china ports are struggling with covid outbreaks again.



Rikon 10-347 bandsaw 18 inch Pro 4 HP motor × 1

$2,560.00











Subtotal
$2,560.00


Shipping
$0.00


Taxes
$179.20




Total
$2,739.20 USD









Dang, timing really IS everything . . . I ordered my 10-347 in July, and it was already $3200 by then. It was delivered on December 24th . . . it killed me to order it after it had just gone up $600+ (the Laguna 18bx and Grizzly 19" had gone up around $500 and $400 at the time, iirc), but it seemed unlikely that it was going to get cheaper, and I had some projects in mind that called for a larger bandsaw. It's frustrating, but you can't let that interfere with a rational decision. There doesn't seem like there are many good reasons to think that the larger tools will be coming down in price anytime soon, and some decent reasons to suspect that they will continue to go up in price a bit before they stabilize. Which is a bummer.

[Lawrence Duckworth]

. . . I ordered my 10-347 in July, and it was already $3200 by then. It was delivered on December 24th . .

You got your saw on Christmas Eve!!.....So Santa is really really real? .......I'm gonna call my buddy Joe and tell him he was right!

[Ezra Wheeler]

Reviving this thread based on new information folks might have to add. I own a design+build construction company in the bay area and in light of all the tech layoffs and stock market volatility we are seeing a dramatic decline in new work requests and some existing clients putting their projects on hold. My subs are all seeing the same thing and there is the very real chance that a recession has already begun...at least in my industry. I am an architect and a GC and the nature of our business is such that clients come to me with a new project that need design, engineering and permitting that often take up to a year before a hammer is swung. So the current work load that the construction side of my company as well as all of the subs are taking on is based on work my design office produced up to 3 years ago when the economy and especially the residential construction industry was still booming. When we finish these existing projects, things are going to slow down...a lot. The dearth of new client requests portends a substantial slow down in work and this is consistent with the structural engineering firm my wife works at. For reference we generally work with around a 1-2 year wait period before we can began new client projects and this has been the case for us for as long as we have been in business. Currently that lead time is down to about half of that for major projects and minor ones we are available to mobilize in a much shorter period than we have in the last 15 years. I am not alone in this regard as many others in my industry are saying the same thing. So this will affect all of our sub contractors, custom cabinet shops and architectural millwork companies as well. Some of which will go under. I simply do not see how the pricing of these machines can stay at their level. $6500 for a new MM16 equivalent is bonkers to me. I don't see the price dropping to half that or thereabouts as it was a few years ago but their current 5% off for this machine is not going to move the needle in our current economic climate.

Having said that, we are still revamping our shop and replacing the TS and dust collection, moving the milling machine and adding a J/P and a bandsaw. This was a long delayed project and we have time for it now so I just ordered a Hammer A3/41 and although my machine was not available to pick up immediately, and won't be here for a couple of months, my rep was able to knock the price down considerably from current posted price on the Felder site. I contacted SCM and the comparable J/P unit was astronomically higher in price so that was not an option. I am still looking for a BS and so far nothing has popped up on the used market in my area that would fit the bill... well aside from the 15+ year old MM16 on ebay for $5000 (LOL). Since the prices for the new SCM units are still in the stratosphere maybe a new Felder 510, Grizzly G0636 or a Laguna LT16 are on my horizon. I am content to wait out for better deals as I am certain they will be coming.

[Keegan Shields]

Same here. Housing market is cooling off, more big layoffs coming in the Austin tech sector.

I think it’s important to point out that prices are a lagging indicator - meaning they are the last to adjust after slowing demand creates high inventory. Many companies will hold on to their high prices until they are forced to when competitors adjust. And if companies don’t ever hit that overflow of inventory, they won’t reduce prices.

Mean while the used market has come back to reality in central Texas. If the housing/reno market keeps slowing that will fuel further price drops and increased used inventory. I’ve also seen quite a few ads from Covid woodworkers figuring out they really don’t have time for it.

I got my $$$ ready :)

[Myk Rian]

Do you think prices will ever come back down?
Have they ever? Nope.

[Michael Burnside]

I'm waiting for Powermatic's next 10-15% off sale that usually happens in late February, so I can get the 8" parallelogram jointer with helical head. Getting "sales" prices is about the only way you'll get lower prices as I doubt the base price will ever come back down.

[Bob Borzelleri]

Market changing events are like red meat for manufacturers/suppliers. As soon as something like a broad based shortage of materials occurs with understandable increases in pricing, the door is suddenly opened to establish a new baseline. When the shortage passes, buyers are very often already accepting of the increases.

[Justin Rapp]

Market changing events are like red meat for manufacturers/suppliers. As soon as something like a broad based shortage of materials occurs with understandable increases in pricing, the door is suddenly opened to establish a new baseline. When the shortage passes, buyers are very often already accepting of the increases.

Inflation at it's finest.

[Ezra Wheeler]

Market changing events are like red meat for manufacturers/suppliers. As soon as something like a broad based shortage of materials occurs with understandable increases in pricing, the door is suddenly opened to establish a new baseline. When the shortage passes, buyers are very often already accepting of the increases.

yep. I see this often. The material cost for the metal in a machine goes from $75 to $153 or about 2x, so the saw price must increase from $2500 to $5000... because that would be 2x to cover the extra 78 bucks for the cast iron.:rolleyes: Every time I hear about the material costs having a major effect on the price increase I just roll my eyes. Of course it is a combination of many things that result in the price increases but the actual price changes of these machines are most often substantially higher than the costs to keep the lights on. Greedflation (https://www.nytimes.com/2022/06/03/business/economy/price-gouging-inflation.html)is what I see it as. In the construction industry, when the tariffs hit cast iron plumbing pipes the domestic producers (charlotte pipe) just raised their prices so that they could make more money. The costs of the imported Chinese and the domestic pipe remained about the same delta. Charlotte pipe could have been aggressive and kept their material prices down and cornered the market (potentially killing off their competitors) but they opted for the quick buck.

[Justin Rapp]

yep. I see this often. The material cost for the metal in a machine goes from $75 to $153 or about 2x, so the saw price must increase from $2500 to $5000... because that would be 2x to cover the extra 78 bucks for the cast iron.:rolleyes: Every time I hear about the material costs having a major effect on the price increase I just roll my eyes. Of course it is a combination of many things that result in the price increases but the actual price changes of these machines are most often substantially higher than the costs to keep the lights on. Greedflation (https://www.nytimes.com/2022/06/03/business/economy/price-gouging-inflation.html)is what I see it as. In the construction industry, when the tariffs hit cast iron plumbing pipes the domestic producers (charlotte pipe) just raised their prices so that they could make more money. The costs of the imported Chinese and the domestic pipe remained about the same delta. Charlotte pipe could have been aggressive and kept their material prices down and cornered the market (potentially killing off their competitors) but they opted for the quick buck.

This is the same issue you have when you buy a car or build a house. When you add any kind of upgrade, they don't remove the cost for what you are replacing. So if the base price of your house is 300,000 and you ask for a kitchen upgrade that has 20,000 cabinets, replacing the $10,000 base cabinets. So basically you paid for both sets.

[Rich Konopka]

Don’t wait. Prices may level off but as most have said that they never come down. When I moved to Atlanta a couple years ago I had to unload my MM16, DJ20, delta unisaw, and my wood stash.

I have some bench top machines that Im slowly replacing and just purchased and awaiting my newest Joiner/Planer a Hammer A3-41. Not only did it cost 5 times what I paid for my DJ20 twenty years ago but I have to wait 3months for it to arrive.

Thank God I kept my Festools.

[Keegan Shields]

Never let a good crisis go to waste as the saying goes...

[Ezra Wheeler]

Don’t wait. Prices may level off but as most have said that they never come down. When I moved to Atlanta a couple years ago I had to unload my MM16, DJ20, delta unisaw, and my wood stash.

I have some bench top machines that Im slowly replacing and just purchased and awaiting my newest Joiner/Planer a Hammer A3-41. Not only did it cost 5 times what I paid for my DJ20 twenty years ago but I have to wait 3months for it to arrive.

Thank God I kept my Festools.

They might not officially lower the price but I am fairly certain that more special sales prices and or rebates will be coming. At any rate, I lucked out on a fantastic deal on a lightly used mint condition MM20 BS. That was the last of my major machine upgrades for my shop. I no longer need to cringe at the crazy prices of new machines.

[Tom Trees]

They might not officially lower the price but I am fairly certain that more special sales prices and or rebates will be coming. At any rate, I lucked out on a fantastic deal on a lightly used mint condition MM20 BS. That was the last of my major machine upgrades for my shop. I no longer need to cringe at the crazy prices of new machines.

Good luck with your new wheels, Mr Wheeler!
For those who'd like to see, a "Centauro SPA" channel is on YT, and has uploaded some brief glimpses of the factory.
I took a snapshot, quite impressive the amount of wheels being cast.
https://youtu.be/5rOeFRasJ84
494409

[Keegan Shields]

Saw a 10% off promotion for Jet/Powermatic a few days ago which I haven’t seen run in a year or two. Is this the beginning?

[Michael Burnside]

Powermatic will come after the Jet promotion. Disappointingly though, Jet only has 10% off bandsaws...pass.

[Brian Tymchak]

Powermatic will come after the Jet promotion. Disappointingly though, Jet only has 10% off bandsaws...pass.

Rikon has a 15% sale next week, at least thru Woodcraft.

[Justin Rapp]

Laguna also has 10% off, but only on their higher priced industrial band saws and CNC. Sawstop also is running a promo for a free accessory. So maybe a good sign that the inventory is up and the promo's are needed to get buyers. But also with interest rates rising and some fears of a recession, people slow down in non-essential purchases. A few month of soft sales will start hurting a company pretty fast, triggering sales, promos, etc. It isn't necessarily a good thing from an overall economic standpoint, but good for a few who save some coin on their new toy.