A used tool isn’t a bargain if it ends up costing you more money to replace down the road. Here are some tips on buying used tools that are worth the dough.
Buying used tools can be a great way to get your workshop setup. You can save hundreds of dollars on tools that have years of life left in them. On the other hand, you can unknowingly buy someone else’s problem and regret your decision as soon as you use it.
Before buying any used tools you must evaluate your needs, set a budget, know the market, and test the tools. If you follow these steps you’ll mitigate the risk of buying junk.
WHAT’S YOUR PLAN?
Do you plan on woodworking, welding, 3D printing or something else? Only buy what you need at the time. It’s tempting to peruse the classifieds and come across great deals for tools you don’t really need. Focus on what you are planning on building and the best tools to do the job.
KNOW YOUR BUDGET AND THE MARKET
Before you start shopping for used tools find out how much the tool is new. Some used tools in great condition only lose 20 to 30 percent in value, while others can be had for a fraction of what they cost new. Search across Craigslist and eBay to get a market value of the tool you are looking for. This value can vary based on the tools age and condition but it’s the best indicator of what type of deal you are getting.
If the tool you are seeking is out of your budget, then weigh the costs of going with a lesser brand or a substitute tool. For example, if you need a track saw but already have a circular saw, then just use a straightedge or speed square to help make your cuts. With a steady hand a jigsaw can often be used in place of a band saw. Make sure you know the capabilities of your current tool lineup before dropping cash on tools you don’t really need.
Mr. Ajay Jain is proprietor of Jindal Udyog. He is Manufacturer,Trader,Importer,Exporter of all kind of Transformer and accessories. We are also ITI tools supplier In Delhi.
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