I got all the tools out of the 3 boxes and in totes and to my house. Going back in morning for boxes. Then gonna clean up tools and put back in boxes. I updated the thread.
Disclaimer: Links on this page pointing to Amazon, eBay and other sites may include affiliate code. If you click them and make a purchase, we may earn a small commission.
By the way, with me being 72 years old, where is the line drawn about senior abuse? Also, with the age of the tools and the abundance of SAE tools, $7k was not a good deal. Just because it says Snap On, on the tool, does not mean the price stays high for resale. You have to consider the market, too.82 year old senior gentleman who offered them for $7K (which was a good deal), then said his bottom line was $5K. And then you lowball him at $4K. Well arent you a peach. In my neck of the woods that would be called senior abuse... SMH
Looks like a nice deal to me, especially for you, but a decent deal for him. Having been a snap on dealer & a Mac tool dealer and owning a Goodyear dealership, I’ve been around automotive tools all my life. The tool business is a great business but it has ruined the resale market when you retire from using them. Most mechanics in garages or dealerships don’t have the cash to pay anything near what a set of tools like that are worth. Especially when the tool dealers will sell to you for weekly payments especially young beginning mechanics. And if you need more than the dealer can handle on his own Snap on has credit for bigger purchases. I have a ton of tools now but at 77 I don’t use them much.He is in his 80's and has a hard time getting around now. He has them stored in the end of a 40' shipping container and he cannot even open the two swinging doors any more. He was a former shop owner in the area and still has his ASE Master Tech metal plaque attached on the underside of the top box lid so it shows when the box is open for business.
I have made him an offer and waiting to hear from him. I would be swapping in his Snap On tools for any of mine that are not Snap On and keeping what Snap On tools he has for some I do not have. I would then be selling the rest and boxes and hope to at least break even.
My shop owner friend has first dibs on the stuff and his kid wants a tool box. There is also some pieces I want for my tools at home and frankly, there is some tolls I have now that I am just not using, in my driveway. I don't do heavy work here. No engine swaps, transmission swaps, no clutches unless is a rear wheel drive non transverse engine. I am picky, at 72, on what I will do.Looks like a nice deal to me, especially for you, but a decent deal for him. Having been a snap on dealer & a Mac tool dealer and owning a Goodyear dealership, I’ve been around automotive tools all my life. The tool business is a great business but it has ruined the resale market when you retire from using them. Most mechanics in garages or dealerships don’t have the cash to pay anything near what a set of tools like that are worth. Especially when the tool dealers will sell to you for weekly payments especially young beginning mechanics. And if you need more than the dealer can handle on his own Snap on has credit for bigger purchases. I have a ton of tools now but at 77 I don’t use them much.
Like I said it looks like a good deal for you and he probably needs the money even at a big loss to him. Garage ownership doesn’t have a great retirement system and most owners aren’t great investors. Help a poor boy out if you can, you’ll feel good about your purchase.