Thread: Domino on ebay

Originally Posted by Stuart

I'm currently winning it with a bid of $601.01 Are you seriously suggesting that I could get a secondhand unit, with a second systainer of dominos for that through a dealer? Really? Why doesn't so many more people just head out and buy one for that?

My goodness , what a difference a day makes. The old adage applies here, if it sounds too good to be true...........

Note the 4mm cutter is not included. The new package from Festool includes this cutter, so one should compare big juicy apples with big juicy apples.
Les

Originally Posted by FRB Design

Prediction of winning bid between $1350 and $1400
You could not be serious thinking $601.01 would have won it, and are you still the highest bidder out of 18 bids at $1076.01 with 4 days to go!

Your prediction is looking good at this stage. I just hope people don't get carried away and pay more than that, because they would be entering new price/new model/ new warranty territory. And, at the risk of attracting derision again, I would instead be twisting my Festool dealers arm to get a decent discount off RRP.

Originally Posted by FRB Design

Prediction of winning bid between $1350 and $1400

Looks like it will be around this as quoted as long as folk don't get a rush of blood in the final seconds and push it beyond what is reasonable for a second hand unit.

I hope whomsoever comes away with it gets the same enjoyment as the rest of us that own them.

Cheers

Originally Posted by FRB Design

Prediction of winning bid between $1350 and $1400
You could not be serious thinking $601.01 would have won it, and are you still the highest bidder out of 18 bids at $1076.01 with 4 days to go!

Of course not, but the statement was "The price is more than what most Festool dealers would charge for a secondhand unit." and that is when the price was $601.01.

Surprised how many thought I was half serious thinking I'd be able to get it around that price.

I've already got one anyway (w 4mm cutter in the set)

Originally Posted by Stuart

Of course not, but the statement was "The price is more than what most Festool dealers would charge for a secondhand unit." and that is when the price was $601.01.

Surprised how many thought I was half serious thinking I'd be able to get it around that price.

I've already got one anyway (w 4mm cutter in the set)

No Stuart you are wrong and you read my first post as if I knew or was interested in your low ball bid. I didn't and I wasn't.

I was referring to the thread discussion about the $1600 buy it now price which is also the price that the seller had advertised it elsewhere for. This was the reference point for a number of posts including mine. In any event, I'm surprised that you could seriously think that a low ball bid a few days out should even be considered in the discussion for a realistic selling price.

Are you really surprised about the reaction to your post? You reacted sarcastically to my suggestion that the price territory ( $1600 reference remember) was what dealers would charge. What are we supposed to think?

BTW, if you thought you had no chance why bother with a low ball bid on something like that anyway?

Originally Posted by TP1

Your prediction is looking good at this stage. I just hope people don't get carried away and pay more than that, because they would be entering new price/new model/ new warranty territory. And, at the risk of attracting derision again, I would instead be twisting my Festool dealers arm to get a decent discount off RRP.

I thought Festool behave like Miele , doesn't allow dealer to offer discount, is that right ?

Just

anyone who thought I seriously considered $601.01 was anything more than buying a lottery ticket - same odds for winning, and cost even less.

Update: Woohoo- I actually got a Reddie (with a . as a comment)

You can't be serious!

Originally Posted by ecsk

I thought Festool behave like Miele , doesn't allow dealer to offer discount, is that right ?

A few years ago Festool (Australia) were prosecuted by the Australian Competition and Consumer Commission ( ACCC) in the Federal Court and found guilty of breaching the Trade Practices Act for unlawfully manipulating retail prices. They were fined big bucks. The practice of retail price maintenance, which kills competition, has been illegal in Australia for decades.

Since then I think you're right in that Festool seem to have adopted strategies like Miele, but they cannot legally force a dealer to sell at RRP. They would influence it by other means such as restricting the number of dealers and providing rebate structures ( which is where much of the profit is derived) that discourage discounting.

Apple do that as well with their computers. Basically there is not much profit in the sale up front and the dealer has to wait a while to get his rebates from the wholesaler, which are often based on complex formulas. ( Almost all sales of goods to retailers are with a rebate system). The result is that even though a discounted sale may be profitable, the dealer could be out of pocket in terms of cash flow, until his rebate cheque arrives. This practice is still legal in Australia . It just means that it is up to us consumers to shop around and stimulate competition - we will hopefully end up with better prices and we will be doing our bit in maintaining a fair and competitive market for everyone.

In fact when I bought my Domino system, I called a couple of Festool dealers who were prepared to go well below the advertised "specials" and provide free delivery to Perth.

Just

anyone who thought I seriously considered $601.01 was anything more than buying a lottery ticket - same odds for winning, and cost even less.

Update: Woohoo- I actually got a Reddie (with a . as a comment)

You can't be serious!

OK Stu, I'll buy it, and the fact that you didn't know I was referring to the $1600 "buy it now"price". A smilie woulda helped though.

BTW, what's a Reddie?

Its a bargain under 3 hours remaining and only $1258

Go for it bargain hunters

Cheers

I was expecting that to shoot up in in the last few seconds, but it didn't, sold for $1258.

Not too bad considering what you got for the $1258.

Re the warranty ...do you really need one with Festool ?

Cheers

It did go for a good price, all things considered. Isn't the warranty transferrable?