I have a co-worker who's turning in his wrenches after 35 years. He's selling everything saying he doesn't want to look at another tool. How much are they worth? What type of discount should he give me for used tools?
“First of all, do you need more tools? Better yet, do you need the type of tools he is selling? After being an auto tech for 35 years, I am sure he has quite of few specialty items. You know, some of those manufacturer-specific tools have a hefty price tag on the tool truck. You may be able to acquire what you need at a deep, discounted price. And that's the second thing you need to take a look at: your tool budget. Don't go crazy on things that you don't need, like a spark plug cleaner. Stay focused and I am sure that you will get a great deal.”
One of my fellow techs is selling a used box for $6500. When it was new, it cost $12,000. Is this a good deal?
“Do you need a ‘newer' used box? Is this purchase within your budget? Is your box spilling over with tools that the replacement would easily handle? Remember: a tool box doesn't make you money. Your knowledge, training and tools put that green in your wallet. But, there are times that we need to protect our tool investment. If the box fits your needs with room to expand, this may be a good opportunity.”
Have an automotive service-related question for Pam Oakes? Email it to Tire Business reporter William Schertz at [email protected].
ASE-certified technician Pam Oakes is the owner of Pam's Motor City Auto & Tire Center, an award-winning automotive service business in Fort Myers, Fla. She also is the author of the book series Car Care for the Clueless and hosts a weekly radio talk show by the same name on CBS Radio's The Sky and CoachMeRadio. And yes, she still “turns wrenches.”