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Re: KF700sp and AD741 used pricing


 

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If I had time, I'd advertise my PK , 399, 166, and thin the herd.? Dave


From: [email protected] <[email protected]> on behalf of Patrick Kane <pwk5017@...>
Sent: Tuesday, January 5, 2021 2:55 PM
To: [email protected] <[email protected]>
Subject: Re: [FOG] KF700sp and AD741 used pricing
?
At the start of this mess, I licked my chops thinking it would be a blood bath on the machinery front and I could buy 1 or more ¡°forever¡± machines. Similar fallout to 2008 when I was a wee lad in college and in no position to spend more than $5 on a tool. Also, before pros become aggravated with me, I¡¯m in commercial real estate brokerage, so I had my lumps this year too. Anyway, that did NOT happen. Sure, there were auctions but not a ton and the machine prices were very strong. On the Craigslist front, stuff was crazy. Supply seemed low and stuff that hit the market sold quickly and for a lot. I sold a powermatic 72 for $3250 which I thought was strong verging on very strong. Completely rebuilt, painted, VSCT fence, 48¡± cast iron extension etc, but still. About 3 months ago I had a good convo with the folks at IRS auctions. They told me it was feast or famine for shops. On top of that, money was cheap and easy to come by if you had any level of credit. Their opinion was that those with access to low interest money were tooling up aggressively, and thus driving up the used tool prices.?

Yes, I think many more DIY folks were looking for something to do at home, which explains your experience with single phase equipment. A huge boon to this son selling the above equipment. ?

Patrick

On Tue, Jan 5, 2021 at 2:42 PM David Kumm <davekumm@...> wrote:
Patrick and others, is it your perception than covid has helped the woodworking hobby market?? Metalworking machines seem down but single phase woodworking machines have firmed up.? I'd be selling the Aigner stuff separately, probably the DGL too, and price the KF in the 8-9K range depending on the spindles, feeder, and what else goes with it.? I agree that J-P can go for less, 5K in the 700 series, 6-7K for the 900 series.? I paid full value for my Bauerle 25" J-P and it was in the 7-8K range.? The build on the Bauerle is Martin like but it is still a combo machine with the good and bad that goes with it.? Dave


From: [email protected] <[email protected]> on behalf of Patrick Kane <pwk5017@...>
Sent: Tuesday, January 5, 2021 2:07 PM
To: [email protected] <[email protected]>
Subject: Re: [FOG] KF700sp and AD741 used pricing
?
Hey Dave,

I responded initially saying it was over priced. Here¡¯s my opinion on the matter, but I¡¯ll preface by saying I hope the son gets his price and has a smooth transaction.?

Now, for valuation, I watch used sales quite a bit¡ªnot as much as imran, but a bit. Over the years, I¡¯ve seen a dozen CF731 and CF741 of that chartreuse era sell for $7-12,000. Maybe not with every single option and accessory listed here, but close enough to compare. That is 1/2-1/3rd of this guy¡¯s asking price, but he has separates. I agree, they are more valuable. I purchased a 2005 KF700 for $4k. No scoring, only 79-80¡± stroke. I have the optional guard and I received a router spindle and blades. This KF700s is worth a lot more with its configuration, but 3x? The JP was already discussed that new it¡¯s around $8k. I thought the 941 was $11kish? I remember 4 recent examples of 741¡¯s selling in the $4-5,000 range. I¡¯m not a professional appraiser, but I think that KF is worth $8,000, the JP is $5,000, and the tooling is a few grand more. This equipment is a niche and doesn¡¯t track the same way a sawstop or festool track saw would on the used market.? In my observations, SCMI/Felder combo machines depreciate like a lead balloon. Anyway, those are my opinions and observations. Like David mentions, I would spend the same money on the T72A martin on woodweb/Craigslist and any given freestanding shaper.?

Patrick

On Tue, Jan 5, 2021 at 11:51 AM David Sabo via <sabo_dave=[email protected]> wrote:
For all you guys that think this overpriced, would share why you believe that ?

Can you get similar machines in your area for less?? ?For less from a national used machinery dealer?? ?Does the condition not warrant the price ? Just that it¡¯s old ?

Is new, similar spec¡¯d just a better value ?

Dave












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