Bad Time To Be Selling Tools?

[Derek Arita]

I have some Festool and some larger machines that I want to sell, but I'm wondering if things are even selling right now? I don't want to start cleaning things up and getting them picture perfect unless I actually have a good chance at selling them, if you know what I mean. I take good care of my tools, so I don't need to sell them at a cut rate. What have you folks seen?

[Stewart Lang]

I think a lot of folks are at home right now, working on projects. We're also a hardwood supplier for hobbyists and we've been very busy, with a lot of people saying that. The thing to think about is how people feel about spending $100-200 on hardwood for a project, vs. $700-900+ on a machine.

Honestly though, this shouldn't matter to you regardless. It seems you like already have numbers in mind, so put them up for sale at that price, and if they sell, great. If not, just let them sit till the right buyer comes along.

[Christopher Herzog]

My two cents is people are buying. EBay prices are high for the tools I look for. Quality and condition matter of course.

[Marc Fenneuff]

In my area, well-cared-for, desirable stuff like Unisaws and PM66s (which I happen to be in the market for) are gone in a day off CL. Sometimes hours.

[Dan Friedrichs]

Seems the opposite - people are at home and spending. Keep in mind that we saw a ~10% increase in unemployment (which is leading a lot of news), but a much larger group of people is suddenly working at home and bored.

Anecdotally, I sold a bike for a huge premium last week. Apparently lots of people wanting to be outside and bike stores sold out.

[Patrick Kane]

Yeah, i agree with everyone else, seems like a seller's market to me. One, i havent noticed nearly the same supply that i did a year or more ago. Two, reasonably priced stuff is selling in 24 hours.

[Gabriel Marusic]

Definitely a sellers market at the moment. I'm a beginner and have been building out my shop the past couple of months and have been looking to craigslist and ebay a lot. Things are moving incredibly quickly on craigslist if the pricing is reasonable.

[Brad Shipton]

Festools typically sell fine, and large pieces that have certain names. Anthony Spot sold is Martin T60C in about 2d advertising on here and the woodweb.

[Josko Catipovic]

I'm looking to buy a couple WW machines, and there is precious little on the used market. I'm keeping my eyes open, but may have to go new. Should be a good time to sell.

[Darcy Warner]

No real issues and it's a good portion of how I feed my family. Used inventory is low and good machines sell quickly

[Derek Arita]

Thanks for the replies. I'm a little more optimistic now.