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Old 25-02-2010, 06:50 AM
ozskywatcher (Josie)
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ozskywatcher is offline
 
Join Date: May 2008
Location: Canberra
Posts: 117
Thanks

Good advice.

Regards,

Paul Floyd.



Quote:
Originally Posted by citivolus View Post
I always take into account several factors, none of which is the price I paid for it:

-Current domestic new price

-Current foreign new price

-Current foreign used price

-Current exchange rate

-Condition of equipment

My general rule is to try to target a price close to astromart * exchange rate for similar condition and age of gear. If I could buy gear in similar condition for 40% of what I paid for it, I wouldn't expect someone else to pay more than that. On the other hand, if the going used rate is 85% of what I paid, then that is what I will ask. If it hasn't sold after a few weeks, you can always lower your asking price, or re-evaluate its worth to you and decide to keep it

Astromart has a big enough archive of sold equipment that you can usually find something similar that has sold in the past 12-18 months to use as a baseline. If you don't have an Astromart account, feel free to PM me if you want research done.

Regards,
Eric
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