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#1
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Fair pricing for used parts?
I have already posted this in the parts section, but hang out here.
I am going to be parting out and selling a 83 300SD. I am going to start with the interior and then work my way to other sections. I would prefer to stay clear of the ebay hassle. I have access to part numbers, dealer cost and suggested retail. Is it reasonable and fair to use one of those values to evaluate selling prices, or to establish a base price in an auction type sale? Meaning, part lists (or dealer cost) for $100.00 take some percentage of the $100.00 if it is mint. Or Is there some other way to establish a fair price? Any ideas are appreciated. Don
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1980 300TD-T (82 Turbo and Trans) 159,000 Miles "Jackie-O" 1983 300SD 272,000 Miles "Aristotle" 1987 Jeep Wagoneer Limited - keeps the MB's off the ice and out of the snow 1994 BMW 530it |
#2
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You have to factor in the effort required to extract the part and the value of what remains. In the extreme, a hog ring is pretty difficult to get to and removing it significantly decreases the value of an otherwise serviceable seat, so using dealer values as a basis is pointless. On the other hand, better to get a buck for something from the only interested buyer than nothing from scrapping it.
That probably wasn't very useful Call scrap yards to determine actual retail values. Sixto 95 S420 87 300SDL 83 300SD |
#3
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How many hog rings do you want?
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1980 300TD-T (82 Turbo and Trans) 159,000 Miles "Jackie-O" 1983 300SD 272,000 Miles "Aristotle" 1987 Jeep Wagoneer Limited - keeps the MB's off the ice and out of the snow 1994 BMW 530it |
#4
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Big Red,
Since new parts are overpriced by about 4 times, used parts in good condition should be sold about 1/8 of the price of new parts. However in a free market, what the market will bear is what will determine the price. P E H Last edited by P.E.Haiges; 11-29-2003 at 09:12 PM. |
#5
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Re: Fair pricing for used parts?
Quote:
just make an offer that fairly reflects your time and effort of removal and add 10 percent for the price of the part. or just dream up a price and if no one wants it, revise it down till it sells. |
#6
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Probably 10-30% of what it can be bought for new, depending on condition. Some salvage yards get closer to 50% but they usually have a 6-month warranty for your extra bucks. But, like PEH said, it's what the market will bear. eBay is a good place to find out what that is, but you're right, that's kind of a hassle (but with a LARGE audience.)
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#7
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Depends on the part and the demand. I have sold used parts for years. I start with retail pricing, and then look at the part I'm selling. I sell most parts for 50%. If a tail light or arm rest lists for say $100, I sell it for $50. There is not much difference between new and used on items like these. In fact they are better than new, because every time you walk by your car, you don't have to look at one sparkling new tail light and one weathered one. If the buyer wants to save $30, has has the right to search the U pull it wrecking yards if he has nothing better to do. Electrical items like starters and blower motors go for about 10% to 20%, because there is a big risk factor in how long the unit will last. Some parts of the car may be worth several hundred dollars new, but you recycle them with the scrap, because no one ever needs them like valve covers, etc. Some electronic components almost never fail like seat memory modules, so they should go for several hundred dollars to someone who unfortanately had one fail.
Hope this helps, Peter
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Auto Zentral Ltd. |
#8
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Thanks for the feedback, it does help!
Don
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1980 300TD-T (82 Turbo and Trans) 159,000 Miles "Jackie-O" 1983 300SD 272,000 Miles "Aristotle" 1987 Jeep Wagoneer Limited - keeps the MB's off the ice and out of the snow 1994 BMW 530it |
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