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Used Lawn Mower Values



 
 
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  #1  
Old 19-03-2005, 08:38 PM
Jerry Furlong
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Default Used Lawn Mower Values

I'm wanting to trade my used Lawn-Boy for a new Snapper mower, and in the
course of calling the dealers in my area to see if they take trade-ins one
dealer told me that they use a "lawn mower blue book" to determine trade-in
values. I couldn't find any info on this by Googling. Does anyone know the
title of this publication or how I can get some info on used mower values
the Web? I'd kinda like to have a clue before I go in to bargain. TIA


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  #2  
Old 19-03-2005, 09:02 PM
G Henslee
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Jerry,

Try this
http://tinyurl.com/4nyfs

Jerry Furlong wrote:
I'm wanting to trade my used Lawn-Boy for a new Snapper mower, and in the
course of calling the dealers in my area to see if they take trade-ins one
dealer told me that they use a "lawn mower blue book"


  #3  
Old 20-03-2005, 12:42 PM
Srgnt Billko
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"Jerry Furlong" wrote in message
news:W40%d.46900$Im.45098@okepread01...
I'm wanting to trade my used Lawn-Boy for a new Snapper mower, and in the
course of calling the dealers in my area to see if they take trade-ins one
dealer told me that they use a "lawn mower blue book" to determine

trade-in
values. I couldn't find any info on this by Googling. Does anyone know

the
title of this publication or how I can get some info on used mower values
the Web? I'd kinda like to have a clue before I go in to bargain. TIA


Here's the guide we use at local Old Time Power gigs:
A unit from a quality manufacturer loses 1/2 it's value in 3 years. Those
from mass marketing are worth 1/10th their value after 4 years. Everything
has a price.


  #4  
Old 20-03-2005, 09:25 PM
USENET READER
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Srgnt Billko wrote:

"Jerry Furlong" wrote in message
news:W40%d.46900$Im.45098@okepread01...

I'm wanting to trade my used Lawn-Boy for a new Snapper mower, and in the
course of calling the dealers in my area to see if they take trade-ins one
dealer told me that they use a "lawn mower blue book" to determine


trade-in

values. I couldn't find any info on this by Googling. Does anyone know


the

title of this publication or how I can get some info on used mower values
the Web? I'd kinda like to have a clue before I go in to bargain. TIA



Here's the guide we use at local Old Time Power gigs:
A unit from a quality manufacturer loses 1/2 it's value in 3 years. Those
from mass marketing are worth 1/10th their value after 4 years. Everything
has a price.


OK - my cousin has a 10 year old Sears lawn tractor in her garage - the
sucker looks in mint condition. She paid $1500 for it when new, so is
it only worth 25% of what she paid for it?

  #5  
Old 20-03-2005, 09:34 PM
Snow
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OK - my cousin has a 10 year old Sears lawn tractor in her garage - the
sucker looks in mint condition. She paid $1500 for it when new, so is it
only worth 25% of what she paid for it?


Basically yep , about $425 or so. If she's lucky she might get about $800
for it if she was to sell it. The resale value largely depends on what new
retail prices in your area are, just like with cars, trucks and motorcycles

Snow...


  #6  
Old 20-03-2005, 09:50 PM
TP
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It worth as much as someone is willing to pay for it... ;-)
If you wait long enough it will be an antique...
look at the old tractors :-)



USENET READER wrote:

Srgnt Billko wrote:

"Jerry Furlong" wrote in message
news:W40%d.46900$Im.45098@okepread01...

I'm wanting to trade my used Lawn-Boy for a new Snapper mower, and in
the
course of calling the dealers in my area to see if they take
trade-ins one
dealer told me that they use a "lawn mower blue book" to determine



trade-in

values. I couldn't find any info on this by Googling. Does anyone know



the

title of this publication or how I can get some info on used mower
values
the Web? I'd kinda like to have a clue before I go in to bargain. TIA



Here's the guide we use at local Old Time Power gigs:
A unit from a quality manufacturer loses 1/2 it's value in 3 years.
Those
from mass marketing are worth 1/10th their value after 4 years.
Everything
has a price.



OK - my cousin has a 10 year old Sears lawn tractor in her garage - the
sucker looks in mint condition. She paid $1500 for it when new, so is
it only worth 25% of what she paid for it?

  #7  
Old 21-03-2005, 12:07 AM
Warren
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Default

TP wrote:
It worth as much as someone is willing to pay for it... ;-)
If you wait long enough it will be an antique...
look at the old tractors :-)


Exactly. What is the buyer going to use it for, and how much is it worth to
them.

Are they buying it for it's parts? How much would they pay for those parts from
another source?

Are they buying it so that you'll buy a new mower from them? If so, what's their
profit on the sale of the new mower, and will they be able to use or flip the
old mower, or will it just be going in the trash?

Or how about scrap value? Will the buyer be taking it apart, and selling the
parts for scrap?

Is the buyer going to be using it to cut their grass? How much would they be
willing to pay for it after considering their other options?

Are they collecting mowers? Does this one complete a set? Is it a good specimen
of a particular brand? The first appearance of a particular feature?

I would tend to think that most buyers will either be interested in a used mower
because they can't afford a new one, or they need the parts, or they're going to
scrap it. Those things can probably be estimated to some extent, and be
published in a "blue book" similar to what's used for cars, but is it really
worth it for someone to do that? With all the different models and variations
out there, would the cost of the research necessary to produce such a database
be something that could ever be recouped by the revenue such a "blue book" would
produce? I don't think so.

So I would guess that a dealer of new mowers may be looking to sell a couple of
the really nice working mowers to potential future customers of his new mowers
(or other power equipment), maybe get a couple of spare parts, scrap the rest,
and chalk the rest of what he's willing to pay for the used mower to a selling
expense of a new mower. In other words, the dealer will pay what it's worth to
him (or less).

Can you find someone who's willing to pay more? Maybe. Maybe not. How long are
you willing to wait? Are you willing to spend money to find a buyer? Will that
marketing expense cost more than the higher potential sales price?

If there's something special about the mower, such as being the first appearance
of a certain feature, and it's in really good condition, it might become a
valuable collector's item in your lifetime. Otherwise, if you're going to go
after the antique market, you'd better make sure your kids and maybe your
grandkids will be willing to store it until it's old enough that collectors will
only care about it's age, and not it's uniqueness.

But when push comes to shove, the mower is worth no more than a buyer is willing
to pay. And that may or may not have any relationship to what the seller expects
it to be worth. It's worth depends a lot on *why* the buyer wants it. That "why"
is how the buyer comes up with a price.

Or you could donate it to a charity, and then, to a certain extent, the IRS will
let you decide it's value as a tax deductible donation.

--
Warren H.

==========
Disclaimer: My views reflect those of myself, and not my
employer, my friends, nor (as she often tells me) my wife.
Any resemblance to the views of anybody living or dead is
coincidental. No animals were hurt in the writing of this
response -- unless you count my dog who desperately wants
to go outside now.
Your Guide to the Care and Feeding of a Suburban Lawn:
http://www.holzemville.com/community...are/index.html



  #8  
Old 21-03-2005, 12:13 AM
G Henslee
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Warren wrote:
TP wrote:

It worth as much as someone is willing to pay for it... ;-)
If you wait long enough it will be an antique...
look at the old tractors :-)



Exactly. What is the buyer going to use it for, and how much is it worth to
them.

Are they buying it for it's parts? How much would they pay for those parts from
another source?


snipped the 20 questions routine

2 words. Lawn service.
  #9  
Old 21-03-2005, 12:48 AM
Oscar_Lives
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Default


"Snow" wrote in message
...

OK - my cousin has a 10 year old Sears lawn tractor in her garage - the
sucker looks in mint condition. She paid $1500 for it when new, so is it
only worth 25% of what she paid for it?


Basically yep , about $425 or so. If she's lucky she might get about $800
for it if she was to sell it. The resale value largely depends on what
new retail prices in your area are, just like with cars, trucks and
motorcycles


I sure as hell wouldn't give $800 for a 10-year old Sears lawnmower, even if
it was waxed and had new blades.

After 10 years old, even if it runs, she'll be lucky to get more than $200
for it.


 




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