| Topic: Selling up
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Message posted by Colin21 on 22/1/2014 at 7:41pm
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1992 Elddis Wisp 450CT + Volvo V70
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Anything you are selling is only worth what someone else is willing to pay for it. These days, what something is being advertised for is not normally what it actually sells for. Most people will expect to knock a considerable percentage off the asking price, and in all probability they will succeed. How many people are looking for whatever you are selling? That will have a great impact on the price.
Some have given good advice on here, check what similar units are being advertised for, but I would add be prepared to knock a considerable percentage off. Buyers will expect you to.
Will equipment included get you a better price? Possibly, but maybe not as much as the equipment is worth separately. However, I would not expect to get more than 50% of the new price of any piece of equipment. If I were buying a piece of second-hand equipment, I would not expect to pay more than 25% of the new price, or at least I certainly wouldn't offer more than that.
Growing older is compulsory, growing up is optional.