Storage Auctions

The Storage Locker => Stories about Storage Auctions => Topic started by: MovieMan on August 08, 2013, 09:30:30 AM

Title: What is the LEAST you have paid for a tool and what did you SELL it for?
Post by: MovieMan on August 08, 2013, 09:30:30 AM
I've tried to buy what I call "specialized" tools and turn them over for good bucks. Travis has named me the new king of "specialized" tools but "kidding" or not, if you find a niche like this you don't want to actually name the item as the less competition for such things on eBay...the better !

Anyway, I bought one tool for $35 and sold it for $275. That one was a used model. At the same ranch sale I bought a brand new one for $75 and sold it for $1,050. In my mind that's serious money.  Doesn't happen every day, or even once a month, but half a dozen to nine times a year it does, and the several hundred dollar markups are reasonably common.

Obviously it helps to find sellers who haven't a clue as to what they've got, or when they orginally bought the item years ago it was cheaper and they weren't keeping up with the times.

You?

Title: Re: What is the LEAST you have paid for a tool and what did you SELL it for?
Post by: bwd111 on September 06, 2013, 03:17:54 PM
Bought a drill for 20 and sold for 21.00
Title: Re: What is the LEAST you have paid for a tool and what did you SELL it for?
Post by: MovieMan on September 06, 2013, 04:45:11 PM
Bought a drill for 20 and sold for 21.00

You're a winner...there's no doubt about that ! Well, maybe SOME doubt.