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Re: flipping ethics

Posted: Mon May 13, 2013 11:31 pm
by htsamurai
the real problem comes when you want that piece of gear again and can't afford it /ahem..asian dude OK...

Re: flipping ethics

Posted: Mon May 13, 2013 11:50 pm
by Ghost Hip
One time I bought fuzz factory and a whammy for hella cheap and sold them for mad profit on harmony central. But I do like to pass on deals, specifically on ILF. I think I got my old 80s DMM via inexpensive means through trading. And I sold it to good ole Skullservant on here for way cheap.

I sell pedals for how much they are worth to me + take into account what the market price is. Value is a funny thing. Someone might only pay $200 for my custom Super Tri-Fuzz, but it would take $10,000 to begin convincing me to let go of it.

Another thing is when I initially buy a Boss HM-2 at $45 and trade it away for a blue box... all the HM-2 prices I see are not worth it at all to me because I got the pedal when the price wasn't jacked up.

Re: flipping ethics

Posted: Tue May 14, 2013 12:09 am
by dubkitty
the only time i've ever flipped things for anything like a high price was last year, when i flogged three guitars for close to what i paid and made $300 on my pedal steel. i haven't sold stuff on ILF, but wouldn't charge more than the going rate and would depreciate reasonably from new price unless something was dead mint and in high demand. i'd feel guilty doing the 300% markup thing in any case...if i sell something i want it to go to a good home where it'll be appreciated.

Re: flipping ethics

Posted: Tue May 14, 2013 12:32 am
by space6oy
on that note i'll also comment that those huge flips i pulled were lucky scores sold for going rates.

Re: flipping ethics

Posted: Tue May 14, 2013 12:49 am
by dubkitty
i'm not judging...just saying how i feel. if SPX90s suddenly were worth $500, i suspect my ethics would become, erm, more flexible.

Re: flipping ethics

Posted: Tue May 14, 2013 1:20 am
by snipelfritz
This story is missing something...did somebody actually buy the pedal?

also what is the pedal and the screen names, IRL names, home addresses, and non-work phone numbers of all parties involved?

Re: flipping ethics

Posted: Tue May 14, 2013 1:22 am
by D.o.S.
I try to offer good deals after taking into account the used market and how much it is worth to me sentimentally. I'm not much of a gear flipper, so when I buy things I tend to keep them for as long as possible.

That said, there are times that I've sold gear and made money. There are also times that I've sold gear at a loss. It's the nature of the beast.

Re: flipping ethics

Posted: Tue May 14, 2013 1:29 am
by 01010111
Mostly I figure I do this for fun, I'll never make money at this so I'll always lose money doing this. I sell everything for at most what I paid for it but almost always knock off 20% or more depending (mostly I sell everything for less on ILF and jack it up to normal market prices for everywhere else).

Re: flipping ethics

Posted: Tue May 14, 2013 1:58 am
by zRobertez
I like to try to sell things at what I feel they're worth. Sometimes it's a little higher and sometimes it's a little lower. I think the most profit I've made from a flip is like $20. But i ended up selling that on ebay anyway. I've never stumbled upon anything I could flip for like 10x the original price

Re: flipping ethics

Posted: Tue May 14, 2013 2:01 am
by backwardsvoyager
wfs1234 wrote:mostly I sell everything for less on ILF and jack it up to normal market prices for everywhere else

Re: flipping ethics

Posted: Tue May 14, 2013 2:10 am
by D.o.S.
zRobertez wrote:I like to try to sell things at what I feel they're worth. Sometimes it's a little higher and sometimes it's a little lower. I think the most profit I've made from a flip is like $20. But i ended up selling that on ebay anyway. I've never stumbled upon anything I could flip for like 10x the original price


IME the stuff that tends to get the 100%+ markup is usually a mass produced product that appears to be nothing special, gets discontinued, then becomes an "essential component" of some band that gearheads adore.

The Deep Impact is my favorite example of these. Websites couldn't give them away fast enough while they were in production.

Re: flipping ethics

Posted: Tue May 14, 2013 2:36 am
by JohnnyC
A seller has the right to ask/list whatever price they want. It's only worth what someone else is willing to pay.

Re: flipping ethics

Posted: Tue May 14, 2013 5:26 am
by dubkitty
i first thought it was going to be a complaint thread about having ethics and all the wicked fun shit you miss out as a result.

Re: flipping ethics

Posted: Tue May 14, 2013 5:55 am
by Greenfuz
I always try to resell stuff for a profit


I ain;t made of money and fuck other people tbh

Re: flipping ethics

Posted: Tue May 14, 2013 6:55 am
by goosekevin
I usually end up selling things at a loss
I'm not good at flipping, I buy dumb stuff that I won't need and think I can sell for profit but then I can't and sell it way cheap when it doesn't move immediately
I have stopped doing it so much lately, but it was quite bad at one point

I just like spreading the fuzz
I much prefer doing trades and deals hear because its fun seeing your old pedals making other people happy