Post # 1
I have been running into some pricing issues when looking for used items to buy for my sister’s wedding on September 18th.
Example: This couple had a cupcake stand that they were trying to sell. The husband made it for his daughter’s wedding and now that the wedding has come and gone, they are selling off items. He wanted $50 for the cake stand and even his wife was surprised that he wanted to sell it for that much. His reasoning was that $50 was basically the cost of the materials used to make the cupcake stand. My thing is….he already USED the stand for it’s intended pupose. Regardless of how much it cost initially it’s now a USED item and should be priced accordingly.
I have run into this same scenario with several different items during this wedding planning process.
So my question is this…on average…what should the price cut be when selling used items?
Post # 3
- Wedding: May 2011 - Bartram's Garden
I think that the price should be cut a LOT. I don’t have a specific percentage in mind, but the way I look at it is: if I’m only saving a few bucks, I’d rather just spend the money to get something new. If I’m going to buy a used product, I better save a lot of money.
I see it all the time with used wedding gowns. People will try to sell a used dress for $100 off the new price. No thanks. I’d rather spend $100 for a ew dress.
Post # 4
@danadelphia: My thoughts exactly! I am not trying to help somebody else break even on THEIR wedding expenses. I am trying to spend the least amount of money as possible (even if it’s my sister’s money and not mine) on the items that my sister wants/needs for HER wedding.
I was starting to think that maybe I was being unreasonable for thinking the items I have found should be deeply discounted.
Post # 5
I think half the price they paid is reasonable. It drives me crazy when I see dresses for sale for a a couple hundred off of THOUSANDS of dollars and they have been worn.
Post # 6
Yeah, I can’t believe this Maggie dress I want desperatly is used, and she only marked it down $200! It was originally $1,200, now $1,000, I would consider buying it around $800.
Post # 7
I agree with both of you. The items should have a significant discount.
Post # 8
I have been able to negotiate the price down in most cases…but I can’t count the number of times I’ve heard “but I spent a lot of money on this”. Yeah…you did…but it was for YOUR use…not mine so you got your money’s worth. And besides….are you REALLY going to use 5ft columns again? What about 50 glass vases?…I think not…LOL
Post # 9
It also drives me crazy when I find a good deal on a pre-owned item but then when you factor in the shipping it comes out to more than just driving to a store and buying the item new, or using some kind of free shipping promo online.
I like the idea of helping someone make some money back.. but it’s got to be worth it for me too.
Post # 10
I figure that for most items they should be discounted 50% or more. I always love finding used votive candles in containers that they’re trying to sell with a 25% discount. Sorry, but you’ve already used 8 out of the 10 burning hours, all I’m really getting are votive holders (after I put in the elbow grease to get the used wax out of the inside).
Post # 11
I have a huge problem with ‘Used” prices. I guess where I come from, or the way I was raised- I think things should be largely discounted once used. Some people seem to have become really greedy with the recession (?) and the implementation of the ability (via the internet) to cash out.
I found things new that cost less than “used!” It is sad…
Post # 12
I actually got in a slight email argument with a woman over Craigslist for this same reason! She was selling her used cricut for $150, it did come with a FEW extras, but still, I could buy a brand new one FOR LESS! And she was like, but I have all these extras…THAT I MAY OR MAY NOT USE LADY! I just wanted the Cricut, lol. Whatever, no Cricut for me…
Post # 13
@PaperCrane: Totally agree…I have found that buying new items has been cheaper than buying used in some cases b/c of the shipping costs.
@Goldilocks1107: That’s the other thing I am running into. Some of the sellers wanting “premium” pricing don’t even do the simple things like wash the itmes before trying to sell them. The cupcake holder I referenced above still had ICING on it from their daughter’s wedding…LOL.
@cbee: I agree. I think the recession is driving a lot of sellers to overprice their items. it only makes them that much harder to sell though.
@MandaMack: I can totally relate to the slight arguments…I have had a few of those myself
Post # 14
Well, the thing with wedding dresses is: they were only worn fora FEW HOURS. It’s not like you’re buying something that was worn over and over, or shoes that have been worn for half a year. I think charging like 80% of the original purchase price of a gown is perfectly reasonable if it was only worn once. I think it’s kind of crazy to expect more to be knocked off than that. i know it happens, but I think it is crazy that people think that a thousand or more dollars should be lopped off for 7 hours worth of wear.
Post # 15
@crayfish: I am kind of on the fence about wedding dresses. On the one hand, the bride only wears it for a single day. But on the other hand..it’s not a new dress…it has been worn..and most likely altered. I don’t know if a 50% cut would be reasonable…but I personally wouldn’t be willing to pay too much over that….maybe 65 to 75%.
Post # 16
The biggest thing I notice this with is table linens. Runners, covers, tablecloths, you name it. I would expect to pay about half what they paid, but any more, tack on shipping and I might as well buy the darn pintuck satin linens as opposed to the polyester ones. Granted, people buy them intending to sell them again, but that’s just it, they are used.
As for wedding dresses, i say about 70% of retail, seeing as you aren’t paying taxes, hopefully no or very little alterations, and sometimes they throw in the veil and crinni for free (at least the girl i bought mine off craigslist did).
And what’s with the 7 1/2 cylinder vases being sold for upwards of $3 a peice when you can buy them at the DOLLAR TREE for A DOLLAR???? I guess maybe a higher quality? Maybe Dollar Tree has a stigma? Who knows. Guess when it comes time to sell what I bought I will be the person holding the “power,” I just plan to be a little more reasonable!