Armory Sponsor
Posted: 11/16/2016 2:41:43 PM EDT
| I purchased a ft knox safe. I like the safe. Paid $3700 for it. Which included delivery and installation. Safe is probably 5 or so years old. Separating from wife and I cant seem to find safes of this quality online in the used market. What is best estimate on percentage of depreciation? I do not remember the model. The safe weighs about 1700lbs. |
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Honestly, your biggest problem will be finding somebody who has the money. Your safe may be WORTH one price. Finding somebody willing to pay it is another matter. You may have to accept a deep discount to get it gone. The price will likely drop farther the closer you are to your absolute must-move date.
You might consider putting the thing in storage until you're settled. |
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OP, depending on where you are, where the safe is, and ease of moving it, you'll likely sit on it for a long time, unless you are willing to take a big hit. A 1700 lbs item isn't something your average Joe Blow will be able to move himself with a couple buddies and a pickup.
There is currently a TL safe in my area that has been on CL for 3 months, started at 2600, and he's down to 1000. |
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OP, depending on where you are, where the safe is, and ease of moving it, you'll likely sit on it for a long time, unless you are willing to take a big hit. A 1700 lbs item isn't something your average Joe Blow will be able to move himself with a couple buddies and a pickup.
You better be careful with allowing Joe Blow, his buddies, and their pick up truck on your property to move that safe. Guess who's responsible if one of them injures or kills themselves? Safes are very slow selling items, even for guys like me who are in the business. It's not uncommon for us to have a used safe in inventory for several years before it sells. |
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Quoted:
Sounds like he might be simply trying to get a budget for the lawyers and planning to keep the safe. I think half new - cost to move is a good starting point. If I was moving and didn't feel like moving the safe that's where I would start. I agree, half cost minus moving cost is a pretty good estimate of what you cold realistically expect to get. In some areas that may even be on the high end for a safe of that level. Typically the higher end you go the lower the resale value (because of the more limited resale market). |
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