How Do I Sell Used Power Tools?

How much are used power tools worth?

A good rule of thumb is that tools in excellent condition will sell for 85 percent to 95 percent of the original cost, good tools 75 percent to 85 percent, average tools 50 percent to 75 percent.

Below-average and poor-condition tools rarely command more than 35 percent of the original price..

Where can I sell old tools?

Craigslist is probably the best for most stuff. There’s no shipping charge for bulky tools, no fees, and you get cash in hand instead of having to wait about a month while ebay holds your payment. Also you can get some really great trades or lines on other tools.

Where can I sell used construction tools?

7 Websites That Have the Best Heavy Construction Equipment SalesConstruction Equipment Guide. If you’re looking for construction auctions, look no further than Construction Equipment Guide. … Ebay. Ebay offers a surprisingly good selection of heavy construction equipment options. … Equipment Trader. … IronPlanet. … Machinery Trader. … Mascus. … Ritchie Bros Auctioneers.

Does Home Depot sell used tools?

The Home Depot now has a new page dedicated to showing used tools at your local store that has a Tool Rental Center. …

Where is the best place to sell used tools?

Hey, If you are looking for a good place to sell used tools, you could try either www.craigslist.org or www.toolexchangeworld.com .

How do pawn shops determine value?

How do you determine the value of the item? Pawn shops base the value of the item on current appraised value, its current condition and the ability to sell the item. Pawnbrokers use research tools that they have at their disposal to determine an item’s value and get you the most money for the item.

Do pawn shops take hand tools?

How much do pawn shops pay for tools? … Power tools, air tools, hand tools – you can get the price estimates for all of them. The most popular tools are: power drills, saws, generator, compressors as well as nailers and combo kits.

Should I buy used tools?

Though the fact that a tool has been used doesn’t mean you shouldn’t buy it, it does mean you should look more closely and perhaps ask for a better deal. … If you can’t see that a tool works and listen to the motor run, then you’re really taking a chance with that purchase—and the price should reflect your risk.

Where can I buy good tools?

Here are my favorite places to shop, with a brief discussion about each.Online distributors (e.g. Amazon.com, Harry Epstein Co.)Big Box Retailers (e.g. Home Depot, Lowes, Sears)Industrial Suppliers (e.g. Enco, McMaster Carr, MSC)Woodworking Shops (e.g. Lee Valley, Rockler, Woodcraft)More items…•

Are antique tools worth anything?

From planes and saws to levels, wrenches, and rules, antique hand tools are the pride and joy of many a collectors’ possessions. Depending on the condition of the tool and its type, a good tool can be worth a few hundred dollars.

How much do pawn shops pay for power tools?

Pawnshops might pay anywhere from $30-$200 for working power tools. Top brands such as Bosch, DeWalt and Stihl are likely to sell for more. Pawnshops are more likely to take established brand names.

What do pawn shops pay the most for?

Gold, diamond and silver jewelry, scrap metal and coins is one of the most popular things that pawnshops nearly always buy….Best things to pawn —what pawnshops always buy:Electronics.Computers / laptops.Smart phones.Sports equipment, including bikes.Tools and yard equipment.Musical instruments.Video games.More items…•

Do you get more if you sell or pawn?

Getting the Most Money when Selling or Pawning Your Items Often, you can get more money for your item by selling it. However, with a pawn loan, you can get the money you need, and you still get to keep your item. … The pawnbroker may offer you more or less than what you’re asking for your item. Be ready to negotiate.

Is there a market for vintage power tools?

Yes, there is a market for vintage power tools. give a list by make and model and i can give you an indication of the interest in them. Old castiron table saws, bandsaws, jointers and planers have the greatest interest to people.

Should you buy used power tools?

This is especially true when it comes to purchasing used power tools. When shopping around at garage sales, thrift stores, or Craigslist, you have to be careful about the tools people sell. … It’s best to stay away from these types of deals or you may be inadvertently contributing to the tool theft epidemic.

What will pawn shops not buy?

Take a look at this list of items below that pawn shops most frequently turn down.Baseball cards.Pearls.Motorcycle helmet.Alternator.22-inch rims.Refrigerator.Basketball cards.Crutches.More items…•

What can I pawn for quick cash?

What Are The Best Items To Pawn For Quick Cash?Gold and Jewelry. Jewelry is one of the most popular items in pawn shops today. … Guns. From pistols to hunting rifles, guns are a high-value item and can bring a high return from the pawn shop. … Instruments. … Electronics.

Why do pawn shops rip you off?

If you walk into a pawn shop and try to sell an item without knowing its value, then you’re asking to be ripped off. … They likely work for the shop, which means they’re going to low-ball the item so their employer can acquire the item for much less than the true market value.

Can you pawn power tools?

You can take power tools in, place them as collateral, and receive a short-term loan for their value. This is the “pawn” in pawn shops. By paying back the loan, you receive the collateral so you’re not out your items if you’re responsible.

How do you price garage sale tools?

The guideline for big-ticket items is usually around half of its original price, Capes said. Big sellers include furniture, stereos and power tools, which go for anywhere from $5 to $50. Price clothing, knickknacks and small kitchen appliances anywhere from 25 cents to $5.

What percentage of value do pawn shops pay?

60%At a pawn shop, you leave your property—the most commonly pawned items are jewelry, electronic and photography equipment, musical instruments, and firearms. In return, the pawnbroker typically lends you approximately 25% to 60% of the item’s resale value. The average amount of a pawn shop loan is about $75–$100.