FREE Machine Pricing Tool - [Free] - Just like Kelly Blue Book - Page 3 - Router Forums
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post #21 of 23 (permalink) Old 10-05-2018, 10:25 AM Thread Starter
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Originally Posted by DesertRatTom View Post
Hope he posts from time to time. I think prices are of interest to all of us.
I Will, and I will also ask some questions , We have had a few more suggestions from others on other types of Machinery and tools that will make this tool valuable, essentially our thought was to focus on CNC Machines, and related tech but I can see hoe Tools can really help enrich this tool

We hope to be a resource and become a trusted price tool
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post #22 of 23 (permalink) Old 10-05-2018, 10:27 AM Thread Starter
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Originally Posted by Garyk View Post
Nice. The problem with the auto pricing books is the Dealers have a book in every color you can think of. Most go by the Black Book which, of course, gives you less than the Blue one and most trade values come off of the MSRP (unless they are dumping old model inventory). Many times you are better off giving your "used up" trade in to a charity, earning a tax write off, and get a cash deal on the new one. (my best friend is the used car buyer for a local dealer). Beware when they advertise "invoice pricing". New cars have a "hold back" of $600 to $1000 that the factory pays the dealer, so they have a built in profit margin even if you do get an invoice price.
We understand this, Used dealers are known for their black books lol but our goal is to be very transparent on pricing from the get go instead of just wondering the price you were given is true.
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post #23 of 23 (permalink) Old 10-05-2018, 10:45 AM Thread Starter
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For one thing, ad revenue. You can bet tool makers will want their ads right there in the middle of folks who are looking to buy.

I'd be very surprised if they don't plan to somehow make a market and generate revenue. By carefully doing online research from other sites, they can automatically pick up the information they publish. They can then be a place to coordinate buying and selling, and take a little off the top. I agree that they deserve to make money, and they don't really have to abuse their site's users, in fact, that would kill the site.

I wonder what the plan is, maybe a post from Jon on their plan? I'm interested.
Actually our plan is simple, We want to build interest with this tool to build trust, Our objective is to build a Buyers and Sellers marketplace that can scale with a DIY listing opportunity that can fairly price your machine. We make money not on ads but on a small transaction fee thats cheaper than the current dealers. This cuts out Ebay, Craigslist and other shady or difficult sites that may not be equipped to help machine owners.

Our plan also includes simplifying the shipping process and other factors that have always been a very tough aspect of used machinery sales

Stay tuned....I will update you guys as we develop this tool more
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