Storage Auctions

Damaged Merchandise - Try to repair or lower the price?

Offline Travis

  • *****
  • 5484
  • Every storage unit he buys yields treasure.
    • View Profile
    • AuctionsTX.com
    • Email
Damaged Merchandise - Try to repair or lower the price?
« on: January 30, 2013, 08:57:05 AM »
What do you do when you find something in a unit with some imperfections? Do you try to fix it up or do you just lower the price and blow it out?

Offline MovieMan

  • *******
  • 4175
    • View Profile
Re: Damaged Merchandise - Try to repair or lower the price?
« Reply #1 on: January 30, 2013, 09:42:03 AM »
Depends on:

1) amount of damage
2) whether damage is cosmetic or affects performance
3) if I CAN repair it
4) if it is WORTH time, effort, expense
5)
6)
7)

Offline Alias300

  • ******
  • 1196
    • View Profile
Re: Damaged Merchandise - Try to repair or lower the price?
« Reply #2 on: January 30, 2013, 11:18:44 AM »
Yeah....totally depends.

A $200-$300 vacuum that needs a $3 belt.  Fix.
Same vacuum that handles broke.  Move cheap to vacuum shop.
Same vacuum that foot is broken. Toss.

Depends on repair cost, time/labor, sell price of before & after fix.......

I donated and cherry wood dresser once, that I've seen at shops for $1000, because the time, labor and cost of materials were to much to get it to that level.   Let someone else thats into that make a buck.

Do the same cars.   Some I just clean and polish.  Could make more if I repair body and/or paint but I'm not going to spend $1000 and 20hrs of labor to make an extra $500 in profit......

Offline rulesforrebels

  • ******
  • 1276
  • FreeStorageAuctionLists.com
    • Yahoo Instant Messenger - rulesforrebels
    • View Profile
    • Free Storage Auction Lists
    • Email
Re: Damaged Merchandise - Try to repair or lower the price?
« Reply #3 on: February 01, 2013, 11:37:09 AM »
there's very few items i will put alot of time or effort into as i dont thik you generally recoup that investmetn over just selling at a discount but some items can fetch 2-3x the value if you take the time to repair or fix them


xx
New from Southern Lower Michigan

Started by Salesman

5 Replies
1657 Views
Last post December 21, 2011, 07:50:15 PM
by UGA*FAN
xx
Is it more advantageous to start an eBay auction at a low price or higher price?

Started by MovieMan

1 Replies
1858 Views
Last post January 13, 2014, 12:44:21 PM
by StorageAuctionFinds
xx
Where do you process your merchandise?

Started by Travis

3 Replies
1578 Views
Last post May 29, 2014, 08:36:17 PM
by bakerben
xx
How do you transport your merchandise?

Started by Travis

8 Replies
3006 Views
Last post November 06, 2012, 06:42:29 PM
by Travis