On Sat, 12 Aug 2006 16:12:42 GMT, "Clint" wrote:

I went back and rechecked my original data. The market price was a
little less than $600, but with the stand and tools, certainly $500.
By generally accepted standards, the price I got it for being less
than 50%, it was certainly fair to me. I also don't believe you're
into widder-woman territory until that particular transaction gets
into double figures.

I am by no means a good one to ask, as I, too, don't want to insult
someone by making a lowball offer. On the other hand, given the
givens, if the guy did feel insulted by a $250 offer then he's
probably too personally invested in the machinery and situation to be
able to judge rationally. That, then, isn't your fault.

By the same token, the lathe is another year out of production and
away from new, so even though it's "indestructible" cast iron (as
opposed to Detroit tin), you still might go lower with a clear
conscience. Only you can judge the circumstances.

So, the short answer is, I feel $250 was fair all around.

By "real fair", do you mean widder-woman fair, or fair for both parties? I
don't want to insult the guy by low-balling him on the price; he's getting
out of the hobby for reasons I'm grateful I don't have to deal with.

[self-snippage]

$250 seemed to me a real fair price then and still does (with the
aforementioned conversion).


--
LRod

Master Woodbutcher and seasoned termite

Shamelessly whoring my website since 1999

http://www.woodbutcher.net

Proud participant of rec.woodworking since February, 1997

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