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Do people want too much $$$ for used gear? 2024


fishing user avatarThe Maestro reply : 

Do you guys think people are somewhat delusional about how much they think their stuff is worth? I see people trying to sell 5-10 year old rods and reels for barely less than what they were worth when they were brand new.  I understand that quality gear will last a long time if it's been taken care of but I think part of it is that fishing gear has sentimental value to us that causes people to over value it.  I know I personally associate my stuff with great memories of great days on the water.  What do you all think?


fishing user avatarRuss E reply : 

Generally people usually ask more than what they will actually accept.

A seller can always come down on a deal. 

Don't often here people selling items for more than they asked.

 

Personally i would make a terrible salesman. I am notorious for not asking enough for an item I have for sale.

by the time I am ready to sell something it no longer has much value to me.


fishing user avatarjbsoonerfan reply : 
  On 1/31/2019 at 8:20 AM, The Maestro said:

Do you guys think people are somewhat delusional about how much they think their stuff is worth? 

 

Yes


fishing user avatarflyfisher reply : 

Kind of like people saying i saw this for sale for x dollars....doesn't mean it sold for that much.  People can ask whatever they want and the market will dictate whether or not it is a viable price.  


fishing user avatarThe Maestro reply : 
  On 1/31/2019 at 8:40 AM, flyfisher said:

Kind of like people saying i saw this for sale for x dollars....doesn't mean it sold for that much.  People can ask whatever they want and the market will dictate whether or not it is a viable price.  

True.  I'd still be embarrassed to ask what some of these people do even if I wasn't firm on the price.  My experience has been that most people don't want to move much on the price and seem offended that you don't want to pay near retail prices for a 10 year old reel.


fishing user avatarflyfisher reply : 

i'd pay near retail price on a few different reels but those are few and far in between

 


fishing user avatarBassWhole! reply : 
  On 1/31/2019 at 8:20 AM, The Maestro said:

Do you guys think people are somewhat delusional about how much they think their stuff is worth? I see people trying to sell 5-10 year old rods and reels for barely less than what they were worth when they were brand new.  I understand that quality gear will last a long time if it's been taken care of but I think part of it is that fishing gear has sentimental value to us that causes people to over value it.  I know I personally associate my stuff with great memories of great days on the water.  What do you all think?

Absolutely, and it's not just fishing gear. Most used sporting goods items are worth pennies on the dollar used. The market will find it's level. That being said, there are certain items that maintain their value (and in some cases even appreciate) due to elevated demand based on several factors. Just take a look at the items offered for sale here, "price drop, new price drop, bump, last price drop,... I guess I'll keep it". Now the pork rind on the other hand... :) 


fishing user avatarDens228 reply : 

There's items list in this forum right now that are 100% of retail for used.........


fishing user avatarThe Maestro reply : 
  On 1/31/2019 at 10:00 AM, Dens228 said:

There's items list in this forum right now that are 100% of retail for used.........

I wasn't even referring to stuff for sale here. Tbh I didnt even know there was a for sale section on the site. Going to check it out if I can find it.


fishing user avatarBass_Fishing_Socal reply : 

It is all depend demand and supply, if used gear are in demand then seller might be able to sell at higher price. If you don’t like the price don’t buy it then eventually seller will come to realize he set the price too high. 

 

For example if you have Shimano Crucial casting rod Gen 2 6’11 Dropshot specific, I would gladly buy it from you for let’s say 100bucks. Another one, I sold my beat up Chornarch 50e for 160 a years ago, that is almost retail price. In the meantime I bought scorpion 1000xt (same as chronarch) for 175 last year go figure.


fishing user avatarThe Maestro reply : 
  On 1/31/2019 at 10:21 AM, JustJames said:

It is all depend demand and supply, if used gear are in demand then seller might be able to sell at higher price. If you don’t like the price don’t buy it then eventually seller will come to realize he set the price too high. 

 

For example if you have Shimano Crucial casting rod Gen 2 6’11 Dropshot specific, I would gladly buy it from you for let’s say 100bucks. Another one, I sold my beat up Chornarch 50e for 160 a years ago, that is almost retail price. In the meantime I bought scorpion 1000xt (same as chronarch) for 175 last year go figure.

I know what you mean especially when you're talking about those discontinued lines that hold a sort of "legendary" status.  Most people that own this stuff won't sell it so there's not much supply.  For me personally I would be willing to pay a pretty penny for a 7'7" heavy Cumara (the first gen black ones) just to keep it in storage in case the one I have ever breaks.  I haven't used another rod that's quite the same or as much fun to set hook with.  I guess I was talking about the more "typical" older equipment that has often been upgraded and improved upon being over priced.


fishing user avatarpapajoe222 reply : 

Used fishing gear is a buyers market. Just as a seller may have sentimental attachment to a particular, there are instances when a buyer is looking for an item for the same reasons.  My first low profile baitcaster was a Daiwa PMA10, a great little reel that got me hooked on low profile reels.  Fishing out of a tube, I lost it and the rod. I spent the better part of two days looking for it. Never found it.  15yrs. later I saw one in mint condition for 1&1/2 times what a new one sold for.  I didn't hesitate to pay that price.


fishing user avatarBluebasser86 reply : 

It depends on the what it is. Discontinued items can be highly sought after and this drives up price. Look at the old wiggle warts. They sold for 4-5 bucks brand new, no a NIP craw colored wart gets you 20-30 bucks, select colors even more. The E series Shimanos held their value really well too and for awhile you could sell them for more than original if they were in really good shape. 

 

It's like anything else, you'll find guys trying to sell their 30 year old cars for well above what they're worth because they have sentimental value, but that doesn't mean someone will pay that much. 


fishing user avatarMunkin reply : 

I will buy all the Barely Legal Vixens you have for the full retail value of $13.99 if you want to get rid of them. Like everything some things appreciate while others depreciate. 

 

Allen


fishing user avatarjbsoonerfan reply : 

It's like the xcalibur XR50 lipless when they announced they were going to quit making them. They were SELLING for $20-$30 a pop. Then when it was released that Booyah was basically taking over and releasing the same bait the demand went down. You can go to the auction site and people are still ASKING those prices, but they are not SELLING for those prices.

 

I had about 10 Chrome/black, 10 Chrome/blue and 25 Rayburn Red when all this happened. Should have sold them I guess LOL


fishing user avatarJohnbt reply : 

"price drop, new price drop, bump, last price drop,... I guess I'll keep it".

 

But honey, I told you I'd sell a lot of my gear and I tried, I really tried.   :)


fishing user avatarSam reply : 

The only used fishing tackle I buy now are antique lures.

 

I have a nice collection and am always looking to pick up a bargain.

 

On Saturday, February 2nd, the Paralyzed Veterans of America has a Fishing Flea Market in Richmond and I plan to attend to see what old items are being offered.

 

It cost only $20 for a table and $2 admission fee so it should attract lots of guys and gals who want to sell their items.

 

Will let all know if I bought anything.


fishing user avatarHarold Scoggins reply : 
  On 1/31/2019 at 12:31 PM, Bluebasser86 said:

It depends on the what it is. Discontinued items can be highly sought after and this drives up price. Look at the old wiggle warts. They sold for 4-5 bucks brand new, no a NIP craw colored wart gets you 20-30 bucks, select colors even more. The E series Shimanos held their value really well too and for awhile you could sell them for more than original if they were in really good shape. 

 

It's like anything else, you'll find guys trying to sell their 30 year old cars for well above what they're worth because they have sentimental value, but that doesn't mean someone will pay that much. 

Bingo

  On 1/31/2019 at 7:57 PM, Sam said:

The only used fishing tackle I buy now are antique lures.

 

I have a nice collection and am always looking to pick up a bargain.

Fellow collector.


fishing user avatarMike L reply : 
  On 1/31/2019 at 12:31 PM, Bluebasser86 said:

The E series Shimanos held their value really well too and for awhile you could sell them for more than original if they were in really good shape. 

I bought one of them and would do it again!

 

 

 

 

Mike


fishing user avatarBruce424 reply : 

I love the people who sell "like new or only been used a couple of times" then they want to sell it a couple dollars off full price plus shipping.


fishing user avatarBigAngus752 reply : 
  On 1/31/2019 at 12:31 PM, Bluebasser86 said:

held their value really well too

This has always been a very interesting statement to me (and I use it sometimes myself) but it distinctly implies that we do not intend to keep the item we are referring to.  The market value of an item we already own makes no difference at all unless we are going to sell it or use it as collateral.  I think sometimes when we are buying something we really want and we talk about how well "they hold their value" we are, at least subconsciously, admitting that we probably aren't going to keep it forever.  I know that when I'm looking at an expensive toy like a Jeep or a Harley and I start talking about "how well they hold their value" my wife looks at me sideways because she can see I'm about to throw away a couple grand!  LOL 

 

I've grown to prefer to buy the things I'll keep forever.  I've had a few Harleys come and go, but I have one that bought in 2002 that I will eventually give to my son.  I've had more vehicles than I can count, but I've had my Mustang for 29 years.  I still waste some money on "stuff", but when you find just the right thing it can become something more than "stuff" and, at that point, market value doesn't matter.  One man's trash is another man's treasure!  


fishing user avatarA-Jay reply : 
  On 1/31/2019 at 8:20 AM, The Maestro said:

Do you guys think people are somewhat delusional about how much they think their stuff is worth? I see people trying to sell 5-10 year old rods and reels for barely less than what they were worth when they were brand new.  I understand that quality gear will last a long time if it's been taken care of but I think part of it is that fishing gear has sentimental value to us that causes people to over value it.  I know I personally associate my stuff with great memories of great days on the water.  What do you all think?

I've sold several items here at the Bass Resources Fishing Flea Market of various dollar values.

I 'price items to sell' meaning, I usually subtract 25-50% of whatever price I actually want to sell it at because I know my personal tendency is to 'ask' too much.  

If this gear doesn't sell, I'll continue to lower the price until it does.

Usually results in a sale - 

Whatever the item - it's worth exactly whatever it sells at - no more no less. 

My experiences doing this has revealed that some buyers are some what delusional expecting sellers to give away perfectly usable gear with free shipping.  

So it works both ways. 

A-Jay


fishing user avatarThe Maestro reply : 
  On 1/31/2019 at 9:28 PM, A-Jay said:

I've sold several items here at the Bass Resources Fishing Flea Market of various dollar values.

I 'price items to sell' meaning, I usually subtract 25-50% of whatever price I actually want to sell it at because I know my personal tendency is to 'ask' too much.  

If this gear doesn't sell, I'll continue to lower the price until it does.

Usually results in a sale - 

Whatever the item - it's worth exactly whatever it sells at - no more no less. 

My experiences doing this has revealed that some buyers are some what delusional expecting sellers to give away perfectly usable gear with free shipping.  

So it works both ways. 

A-Jay

I had a quick look at the flea market and it seems like there's a lot of fairly realistic/reasonably priced stuff compared to the "dreamers" I've seen on kijiji. And yes I'm sure some buyers can the delusional as well.  I make it a point not to over haggle.  If the person refuses my offer I just move on.


fishing user avatarBassHawg2293 reply : 

Typically I'm not gonna buy used gear, I'd rather just pay more and have it new. It's crazy to watch these people online try to sell something used for $10 less than brand new then charge $8 for shipping lol 


fishing user avatargilkeybr reply : 

I think rods are difficult to resell, because packaging ends up being such a drain on your return as a seller.  I couldn't imagine trying to sell a rod besides locally.

 

When it comes to selling reels, or tackle, my experience is I often don't need to get rid of them.  So pricing can be closer to a make-me-move price, as opposed to a have to sell price.

 

 


fishing user avatarHawkeye21 reply : 

I think some sellers are trying to rip off unknowing buyers a lot of times.  Sometimes I think they just don't know what the market it is.  I see it all the time on Facebook and I'll call them out on it.  There are a lot of times someone will be selling a reel at a discounted price from what they paid for it but they don't look to see if it can be bought brand new for a discounted price on another site.

 

One example was a guy selling a Revo SX for $100.  He paid retail for it which was $159 and thought he was giving someone a great deal.  The problem was that Academy had them on sale for $79.

 

I don't know about you guys but I'm not buying anything used unless it's close to 50% off or it's a very hard to find item.


fishing user avatarTBAG reply : 

Depends, I get some really good deals on used rods and reels both from here in the marketplace and at a local shop.

 

Just for example, I picked up a very lightly used Stradic Ci4+ 2500 for $150 spooled with fresh PP braid recently at my local shop. I've also bought several great condition St. Croix Avid SCIII rods for under $75.


fishing user avatarNYWayfarer reply : 
  On 1/31/2019 at 10:18 PM, Hawkeye21 said:

I don't know about you guys but I'm not buying anything used unless it's close to 50% off or it's a very hard to find item.

I am with you. I don't buy used gear but if I did this would be my philosophy.

 

Like others have mentioned I see used stuff for sale when the same item brand new is on sale  for less than the asking price of the used item. :confused50: 


fishing user avatarThe Maestro reply : 
  On 1/31/2019 at 10:01 PM, gilkeybr said:

 

 

When it comes to selling reels, or tackle, my experience is I often don't need to get rid of them.  So pricing can be closer to a make-me-move price, as opposed to a have to sell price.

 

 

This is just it.  The stuff still works perfectly good but guys think "Boy that new rod/reel from xyz looks pretty sweet but I already have so many and it would be a waste to just relegate a setup to the dustbin.  I know I'll sell one for close to what the new ones sell for and that way it'll be just like an upgraded trade. Genius!"


fishing user avatarGReb reply : 

90% of used gear is too much but the other 10% is worth it. In the last year I’ve picked up a Falcon Cara, ALX Ikos, and Revo STX for $75 each. They were all like new and local.

 

Facebook marketplace has been much better than Ebay or craigslist for me. 


fishing user avatarThe Maestro reply : 

This guy's off his rocker.

 

https://www.kijiji.ca/v-fishing-camping-outdoor/belleville/huge-lot-of-quality-fishing-rods-reels-tackle-and-more/1225011235?enableSearchNavigationFlag=true

 

.


fishing user avatarBassWhole! reply : 

WTS: Jar of #11 Uncle Josh pork rind, the lid has just a little rust on it and I think there are 3, maybe 4 baits left, not sure cause the liquid has turned a color I can't see through and if I open it it smells up the whole house. $290 plus shipping and you pick up the Paypal fees, might consider trade for GLX in mint condition. No low ballers or tire kickers.


fishing user avatarMunkin reply : 
  On 2/1/2019 at 3:22 AM, reason said:

WTS: Jar of #11 Uncle Josh pork rind, the lid has just a little rust on it and I think there are 3, maybe 4 baits left, not sure cause the liquid has turned a color I can't see through and if I open it it smells up the whole house. $290 plus shipping and you pick up the Paypal fees, might consider trade for GLX in mint condition. No low ballers or tire kickers.

 

You joke but I honestly had someone at the fishing flea market two weeks ago try to sell me one. Label was so faded you couldn't tell what was written on it. Whatever liquid inside looked like chewing tobacco spit and lid was rusted shut. Guy told me I could just use pliers later to open it. Good news is he only want $20 for the jar.

 

Allen


fishing user avatarJunger reply : 

Especially true for rods and reels. Posts of an item "as brand new" because it may never have been used or is near mint for the near MSRP price is not equitable because a retailer also provides a refund policy, and/or the manufacturer warranty. I highly doubt some guy selling his used gear is going to give me a 12 month warranty for a replacement.

 

 


fishing user avatarMontanaro reply : 

What gets me are these custom lure painters on facebook "auctioning" off their knock off crankbaits for $10 with minimum $1 bids and 5 dollars shipping!  Given the fact that brand new name brand version of these cranakbaits (mostly SK) run like $6 dollars out the door....and what crankbait costs 5 dollars to ship?!  I have shipped reels for 5 dollars!  For $15 minimum I can buy top of the line crankbaits....


fishing user avatarPeddiesake reply : 

It happens, especially on discontinued legendary items. Some of the Abu - Blue Yonder and Mag Elites 6500 series go for more than what I originally paid for them. I won’t part with mine as they were sparingly used and at my age $400 or so doesn’t move the needle much.


fishing user avatarIgotWood reply : 

I feel most people are asking way too much for most items. There are some items out there that I am willing to pay top dollar for if it is something that I know I have success with and there isn’t an equally effective alternative out there. 

 

But a $200 rod used for one season for sale for $175...I’ll respectfully let someone else jump on that deal.

 

It’s 100x worse if you take a look at the small, but ridiculously expensive New England surfcasting market. “$1000 reel for sale. Only swam in the salt with it for two seasons. Has some sand in it but still works great. I’ll let it go for $850 plus shipping”....

 


fishing user avatarThe Pond King reply : 
  On 1/31/2019 at 10:36 AM, The Maestro said:

I know what you mean especially when you're talking about those discontinued lines that hold a sort of "legendary" status.  Most people that own this stuff won't sell it so there's not much supply.  For me personally I would be willing to pay a pretty penny for a 7'7" heavy Cumara (the first gen black ones) just to keep it in storage in case the one I have ever breaks.  I haven't used another rod that's quite the same or as much fun to set hook with.  I guess I was talking about the more "typical" older equipment that has often been upgraded and improved upon being over priced.

I have one in mint condition - essentially, brand new as I've only used it twice - that I'm willing to let go of if you're interested. 


fishing user avatarThe Maestro reply : 

.

Edited by The Maestro
fishing user avatarHawkeye21 reply : 

There’s a guy making custom chatterbait and selling them on a Facebook market group. They look awesome, similar to Jack Hammers. He starts the bidding cheap and shipping is $3.75. Sounds normal until bids jump from $6 to $15 insatantly. The 1/2oz ones usually end up going for over $20 plus shipping and that’s just for one!  I see the same people bid every single time and the winners are usually the same people. I’m suspicious. 

 

Whats crazy is is that I messaged the maker and he’ll sell them directly for $15 so I don’t know why these goofballs are spending over $20. 


fishing user avatarhisjr reply : 

I've read a lot of these posts and it affirms my belief in eBay.  If it isn't in the condition they've stated it to be, I get my money back with free return shipping (via a claim most times).  I'm able to buy it or haggle at the price I want and walk away knowing another will be up soon. 

 

Honesty is paramount in almost everything. The seller wants top dollar for their stuff, and every buyer wants DollarTree prices.  Haggle and protect yourself.  I never send payment any other way other than Paypal for a fee unless I know them personally.  Most other payment methods of payment don't protect for a transaction involving merchandise. 

 

Lastly, I apply one rule when I'm buying most of my gear and looking for a deal;  if I don't like it, I try to sell it and recover as much as I can and minimize my losses. 


fishing user avatarMunkin reply : 
  On 2/3/2019 at 4:06 AM, Montanaro said:

What gets me are these custom lure painters on facebook "auctioning" off their knock off crankbaits for $10 with minimum $1 bids and 5 dollars shipping!  Given the fact that brand new name brand version of these cranakbaits (mostly SK) run like $6 dollars out the door....and what crankbait costs 5 dollars to ship?!  I have shipped reels for 5 dollars!  For $15 minimum I can buy top of the line crankbaits....

Never understood this myself? There are 75 guys selling the same thing without a way to differentiate themselves. Some of the people selling chatterbaits are only making money on the shipping because I know what the parts cost.

 

Allen




6866

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