lobeydosser
Super Member
Joined:August 2012
Posts: 4,718
Location:
Likes: 3,634
Recent Posts
Last Online Apr 2, 2021 14:59:09 GMT
|
Post by lobeydosser on Oct 8, 2013 21:20:09 GMT
Although this is to do with selling in the Classifieds, it is a general question.
If I decided to sell some of my used vaping equipment, is there a general rule of thumb regarding what percentage of the bought value I should be asking for an item?
To me, any equipment that I buy from a fellow member should be cheap enough to reflect that as a second hand item, it comes used and with no warranty. However I notice that a lot of vaping equipment that is sold in the classifieds is quite expensive and for just a few pounds more, I could buy the same item new and feel safe in the knowledge that if the said item went phutt within a short space of time, I could conceivably get it replaced by the Vendor.
I have bought equipment from fellow members but only at a price that, to me, reflected its second hand status and I was therefore willing to take a chance on it. However I would never pay more than 50% of the new price for any item unless I really wanted it and could not get one even at the full vendor price.
|
|
|
Post by dreamylittledream on Oct 8, 2013 21:24:17 GMT
There was a long and slightly heated discussion on this in the classies recently
Its going to partly depend on whether you are comparing the price of what you are selling to the price it can be obtained from China or the price the same thing goes from a UK seller. Some think this should be a factor - some do not.
Also things like mech mods and the more expensive attys often have a waiting list new so hold their value well.
Ultimately you should price something at what you think its worth - if its a good price it will sell - if its too much it won't!
As a general rule though second hand vaping gear tends to hold its value quite well
|
|
dickyg
Super Member
Joined:February 2013
Posts: 903
Location:
Likes: 503
Recent Posts
Last Online Jul 27, 2014 6:47:53 GMT
|
Post by dickyg on Oct 8, 2013 21:31:33 GMT
Supply vs demand in my eyes. If I buy from the classified then I know its on 'buyer beware' and factor that in. This place is too cuddly for people to have others over on price. I'm guessing I'm not helping you on your price point.
|
|
Jerri
Super Member
Joined:October 2012
Posts: 2,321
Location:
Likes: 951
Recent Posts
Last Online Mar 23, 2024 23:18:41 GMT
|
Post by Jerri on Oct 9, 2013 3:22:58 GMT
A lot of vape stuff only comes with a DOA warranty anyway. Or a short warranty.
As you said. You're not prepared to pay more than 50% of original price. Obviously that's your view and your own personal rule.
I have no issue paying close to retail for something in the classifieds. Most here are honest so won't buy from China and charge UK prices.
I got a mod in the group buy a while back. Paid £43. Sold it a few days back for £33. Had someone offered me £21.50, 50% of what I paid. I'd have just kept it for spare. It's a great mod in practically perfect condition. Why would I offer a 50% discount just because its sat in my vape stand for a few months?
Things are worth whatever someone is willing to pay for them. And only the individual can decide what the item they're after is worth to them.
And it seems to me as thought you've answered your own question. If I wasn't happy to pay more than 50% rrp for second band items I'd not ask anyone else to buy my second hand items at more than 50% rrp.
|
|
|
Post by Perpetua on Oct 9, 2013 5:28:00 GMT
For me personally, easily obtainable stuff where ever it's from, I'm happy with anything I can get back if I'm no longer going to use it and it's of use to someone else. That's ample for me.
Anything higher end/out of production/hard to obtain I've no qualms at offering it at the price I paid.
Ultimately though, as Jerri says, it's only worth what someone is prepared to pay. If you're sensible about pricing in the first instance, then it should sell.
|
|
charon
Super Member
Joined:August 2013
Posts: 4,106
Location:
Likes: 1,602
Recent Posts
Last Online Jan 27, 2019 9:40:28 GMT
|
Post by charon on Oct 9, 2013 7:12:53 GMT
lobeydosseras mentioned by Perpetua & Jerri in the market place the value of any item is what the buyer is prepared to pay. It applys to all things from houses to cars to vape gear, after all in the case of a high end product the seller may just be offloading spare gear to enable them to fund an other project. The classies on here are just an other source of gear, except at least on here you sort of know who it is who's selling. But the decision is yours at the end of the day. Enjoy the bartering and be happy
|
|
lobeydosser
Super Member
Joined:August 2012
Posts: 4,718
Location:
Likes: 3,634
Recent Posts
Last Online Apr 2, 2021 14:59:09 GMT
|
Post by lobeydosser on Oct 9, 2013 10:01:26 GMT
Many thanks for all your replies.
The vaping gear that I have spent a lot of money buying, I have only done so after careful consideration based on others reviews on it or from my own experience of already owning something that I wanted a back up for. And anything I buy in the future be it from a Vendor (new) or the classifieds (s/h) will again be bought on that basis.
This policy means that what I have in front of me are things that I will likely keep for a long time and if there comes a time to advertise it for sale, well I will already have had my use from it and it will be priced on a reflection of what I would be prepared to buy it for.
I would rather see a Newbie get the experience of a high end MOD for a very reasonable price than make a buck to fund a future fancy.
Having just sold a two bedroom house for under 20k, I do understand about what others consider to be "market values"????
|
|
jakethevape
Super Member
o.0?
Joined:November 2011
Posts: 870
Location:
Likes: 191
Recent Posts
Last Online Dec 13, 2022 15:29:07 GMT
|
Post by jakethevape on Oct 9, 2013 10:16:26 GMT
The cost of china has NOTHING to do with cost to classifieds here. (just my 10p worth)
End of the day, the seller has procured the item from China, waited lengthy times to have it delivered, risked loosing their money, so to have the nerve to compare a price with China is dam right disrespectful.
In business (which lets face it, this is business when selling/buying), it is not the buyer's right to argue a price, negotiate yes, argue NO. The seller has the final say and they need to evaluate the market prior to advertising said item.
Its like me saying, Hey I want a S/H computer, over here they want £1000 second hand (it was say £2000), but then I see it in the states for $1000 new. You cant argue over continental prices man.
|
|
jakethevape
Super Member
o.0?
Joined:November 2011
Posts: 870
Location:
Likes: 191
Recent Posts
Last Online Dec 13, 2022 15:29:07 GMT
|
Post by jakethevape on Oct 9, 2013 10:18:33 GMT
Supply and demand is the key!, also what one thing may be worth to one person, could be worth more to another.
Its Swings and roundabouts
|
|
Jerri
Super Member
Joined:October 2012
Posts: 2,321
Location:
Likes: 951
Recent Posts
Last Online Mar 23, 2024 23:18:41 GMT
|
Post by Jerri on Oct 9, 2013 12:22:43 GMT
The cost of china has NOTHING to do with cost to classifieds here. (just my 10p worth) End of the day, the seller has procured the item from China, waited lengthy times to have it delivered, risked loosing their money, so to have the nerve to compare a price with China is dam right disrespectful. In business (which lets face it, this is business when selling/buying), it is not the buyer's right to argue a price, negotiate yes, argue NO. The seller has the final say and they need to evaluate the market prior to advertising said item. Its like me saying, Hey I want a S/H computer, over here they want £1000 second hand (it was say £2000), but then I see it in the states for $1000 new. You cant argue over continental prices man. I didn't mean it in that sense. I meant if I order something from China, like the SVD I have. I paid £24 for it. UK rrp is double that. I'm not about to sell it in the classifieds for closer to UK rrp than what I actually paid. If someone says they bought UK and so will charge UK price that's how it should be. And as with buying yourself from a vendor it's up to the buyer to decide if they want to buy. If someone says they bought UK they should have the china prices thrown in their face because they're irrelevant.
|
|
lobeydosser
Super Member
Joined:August 2012
Posts: 4,718
Location:
Likes: 3,634
Recent Posts
Last Online Apr 2, 2021 14:59:09 GMT
|
Post by lobeydosser on Oct 9, 2013 13:21:07 GMT
When I said I was looking for a percentage of the original price, I meant just that. Whether the item was bought in Romania, China, the UK or the US of A, makes no odds. As others have said, items should be priced at a percentage of what you paid for them. After all, this is a Forum, not a business.
|
|
charon
Super Member
Joined:August 2013
Posts: 4,106
Location:
Likes: 1,602
Recent Posts
Last Online Jan 27, 2019 9:40:28 GMT
|
Post by charon on Oct 9, 2013 14:35:26 GMT
When I said I was looking for a percentage of the original price, I meant just that. Whether the item was bought in Romania, China, the UK or the US of A, makes no odds. As others have said, items should be priced at a percentage of what you paid for them. After all, this is a Forum, not a business. this especially true of the classies, rules have been put in place to stop innappropriate behavour and i believe the moderators do keep a close eye on things..and rightly so.
|
|
jakethevape
Super Member
o.0?
Joined:November 2011
Posts: 870
Location:
Likes: 191
Recent Posts
Last Online Dec 13, 2022 15:29:07 GMT
|
Post by jakethevape on Oct 9, 2013 15:53:47 GMT
Well we are all adults anyway thankfully so no need to worry (we are all big enough and ugly enough to make our own choices right?) and I would hope we are all friends or at-least on each others side's, being a vaping community and all! Right now time to post my vamo in the classified section. hmmmmmmmmmm starting price £1,000,000 hehe (jokes!)
|
|