Value of used tools?

[bjh22]

I have a roll cab and hand tools that I am going to be selling. They are about 15 years old and cost roughly $10k new. Is there any rule of thumb for figuring the value of used tools? I spoke with a franchisee who said he gives his customers 50% for hand tool trade-ins. He also mentioned customers of his that have sold for 20-30% of original value. Most of my pieces have my old company logo professionally etched or stamped on them...should this affect the value? Any input is appreciated.

[funkyfullwidth]

I think when it comes to snap on tools...

Older tool boxes are generally smaller, and don't sell for a whole heckuvalot. That's relative, they still get some coin. Everything depends on the model of course...

With hand tools you can still get good money. Probably around half price, give or take depending on what the tool is, and how much it costs new. If your selling and unsure of what it'll command, Check ebay. And if in doubt, if it's not a specialty tool or something wicked rare from back in the day, trade it in to to a snappy guy for a brand new one, then either use it, or sell it as newer.

That being said, I've bought things off the snap on truck; used, for a wicked deal. usually cheaper then what i'd pay on ebay. So if your trying to price things based on used pricing from the snap on guy, don't. Check a real market place. Once again, and i hate saying it... ebay is the best place for market research.

[Frank Murch]

Interesting comments. I think you can generally buy Snap on used at 1/2 to 1/3 the truck price.

The age and the rarity and desirability drives the price. Older tools can be very high - depends on the tools

[dodgepu1946]

Post them here. I've already got a box but theres some hand tools I'd buy.

[J.A.F.E.]

Most likely you'll get the most money by parting out the stuff rather than selling it all together. Frank Murch pretty much nailed it - 30-50% of new is what you can expect. Some desirable pieces might go higher.