Friday, January 17, 2014

Half of a Flip Done! Maxon AD-80

Well, the Maxon has finally sold...

I was getting impatient. Some nibbles on Reverb and no real interest on Craigslist, so I cranked the price from $115 to $135 and put it on eBay.

Remarkably, it sold, within 24 hours. Wow! eBay still has the wider market. Probably a "duh" observation but it does prove an important point:

  • Maximize the markets you use. If one market has higher commission (fees), reflect it in your price. You may be surprised at the results.
I surely was!

Buy Price: $25
Sell Price: $135
Net: $110

Not bad! I should add that this pedal did need work, and it amounted to cleaning the pots, nothing more. I took a risk on buying a pedal without knowing the issue fully, but in my calculation, I could sell a nonworking AD-80 for more than $25, even if I couldn't fix it. Either that, or I had a good enclosure and some decent components for $25.

So that's half the flip. The DOD 280 is seeming like a tougher sell, but I think it'll come through. I had a potential buyer in Brazil ask me about shipping to his country and seemed interested, so maybe that'll hash out. Not a huge profit there but I've played the 280 and had a "meh" viewpoint on it, so it'll go, and I'll count the Maxon as a win.

Keep your eyes out for those good deals!

~C

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