How much do used power tools sell for?
Category:
business and finance
sales
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.
Simply so, how much do pawn shops give for tools?
Money, Money, Money Pawning tools actually will get you a lot more money than you think it will. Depending on their brand and condition, you can get anywhere between $50 and $150 dollars for a single piece.
In this manner, what power tools do pawn shops buy?
Pawn Loan Estimator
- SAWS. Band Saw Chainsaw Chop Saw Circular Saw Compound Mitre Saw Jigsaw Pole Saw Radial Saw Reciprocating Saw Table Saw Tile Saw Trim Saw.
- DRILLS. Angle Drill Drill Drill Press Hammer Drill.
- SANDERS. Belt Sander Bench Sander.
- GUNS.
- ELECTRIC.
- HEAT.
- PLUMBING.
- CLEANING.
50-30-10 RULE: Near-to-new items should be sold for 50 percent of their retail price; slightly used items at 25-30 percent of retail; and well-worn items at 10 percent of retail.