Used TV Resales, very slow...

[kevinm34232]

I've been repairing and selling used TVs for quite a few years now, mostly on Craigslist. I've watched prices go down over the years as prices of new TVs also go way down.
Now it's at a point where both purchases and sales are extremely difficult. I do Craigslist and a couple apps (letgo and OfferUp), but very few calls even when priced what I think is fair..

Even part sales have slowed down dramatically.

I'd like to know what everyone is is seeing, what's working, what's not, and what you're getting for certain size LCD/LEDs these days..

Maybe I'm way over priced!

[tvtimmy]

Re: Used TV Resales, very slow...

Tc-p42s30 /tc-p42st30 (3d version) -$175 to $225
Tc-p50u50/tc-p50ut50 (3d version)-$250 to $275
Tc-p55st30-$300
Tc-p55gt30-$325
Tc-p65s1-$450 to $500
40" Samsung lcd-$125 to $150
I explain that I will give a 3 month warranty on them and they are built 500% better than the led tvs being sold now that will die in 14 to 16 months. Then I show them a picture of about 40 led tvs that are bad from burnt leds. If they dont want them, say good day sir, and somebody else will buy them.

[kevinm34232]

Re: Used TV Resales, very slow...

Here's two I have now

47 " Seiki SE47FY19 1080p LED HDTV Television - $195
https://fortmyers.craigslist.org/chl...597525298.html

42" Vizio E3D420VX 3D LCD HDTV Smart TV w/Apps - $195
https://fortmyers.craigslist.org/chl...596692373.html

Seems like a good starting price, but very few inquiries.

[tvtimmy]

Re: Used TV Resales, very slow...

85% of the time the leds are bad. I dont even mess with them anymore, unless I get them for free.

[kevinm34232]

Re: Used TV Resales, very slow...

I'm talking about repaired TVs, these are repaired, and I do repair LEDs if possible. The Seiki did have bad LEDs.

[Sparkey55]

Re: Used TV Resales, very slow...

I've been repairing and selling used TVs for quite a few years now, mostly on Craigslist. I've watched prices go down over the years as prices of new TVs also go way down.
Now it's at a point where both purchases and sales are extremely difficult. I do Craigslist and a couple apps (letgo and OfferUp), but very few calls even when priced what I think is fair..

Even part sales have slowed down dramatically.

I'd like to know what everyone is is seeing, what's working, what's not, and what you're getting for certain size LCD/LEDs these days..

Maybe I'm way over priced!

It is nice to see you are keeping these sets still alive but we live in a throw away World now. People would rather pay for new out-of-the-box than buy 5 year old repaired tv's not knowing if they will even last another year or more. I would only try to fix things like that for myself or family or friends not to sell to the general public.

[retiredcaps]

Re: Used TV Resales, very slow...

42" Vizio E3D420VX 3D LCD HDTV Smart TV w/Apps - $195
https://fortmyers.craigslist.org/chl...596692373.html

Seems like a good starting price, but very few inquiries.

A quick look at bestbuy.com (USA), I can buy a brand new Insignia 43 inch LED for $199.99 USD brand new.

Or Toshiba 43 inch for $219 USD.

All with warranty and brand new. Thus, your asking price for an used repaired Vizio 42 inch of $195 USD is out of line.

[kevinm34232]

Re: Used TV Resales, very slow...

So is anyone else selling used tvs, what are you getting for 42, 47, 50" 1080p tvs?

[Sparkey55]

Re: Used TV Resales, very slow...

A quick look at bestbuy.com (USA), I can buy a brand new Insignia 43 inch LED for $199.99 USD brand new.

Or Toshiba 43 inch for $219 USD.

All with warranty and brand new. Thus, your asking price for an used repaired Vizio 42 inch of $195 USD is out of line.

I agree 100%.

[kevinm34232]

Re: Used TV Resales, very slow...

I get it, but I'm doing this to make a few $, not as a hobby.

I understand there are cheap tvs for sale.

There are also 48" 1080p Sonys for $400 on at Best Buy. I'm just asking approximately what others in the biz are getting for used ones, and what sites/apps are working best...

[Sparkey55]

Re: Used TV Resales, very slow...

I get it, but I'm doing this to make a few $, not as a hobby.

I understand there are cheap tvs for sale.

There are also 48" 1080p Sonys for $400 on at Best Buy. I'm just asking approximately what others in the biz are getting for used ones, and what sites/apps are working best...

I do not know about you but I personally would be very reluctant to buy used tvs from someone on Craigs List given the fact that there is no buyer protection from something like that, way too risky IMO.

[nomoresonys]

Re: Used TV Resales, very slow...

A quick look at bestbuy.com (USA), I can buy a brand new Insignia 43 inch LED for $199.99 USD brand new.

Or Toshiba 43 inch for $219 USD.

All with warranty and brand new. Thus, your asking price for an used repaired Vizio 42 inch of $195 USD is out of line.

Yep, Walmart has m for similar prices, the profit margins have been shrinking the last few years, now they must be darn-right miniscule. Looks like they are cutting every corner they can, using substandard parts or trying to get away with under-powered power supplies etc. explaining why tvs are breaking down in warranty or just out of warranty with all kinds of strange symptoms showing up, I don't think the technology is at fault as much as the weak marginal at best components they are passing off on everyone. Looks like quality control is nonexistent today, which would be good for the tv repair man IF the tvs weren't so cheap to buy.

[Sparkey55]

Re: Used TV Resales, very slow...

I get it, but I'm doing this to make a few $, not as a hobby.

I understand there are cheap tvs for sale.

There are also 48" 1080p Sonys for $400 on at Best Buy. I'm just asking approximately what others in the biz are getting for used ones, and what sites/apps are working best...

I am not trying to insult you as a seller but the most that I would pay for a used tv that had repairs done to it weather it was 10" or 100" and more than 3 years old and about the same price as a new set would be no more than 25% of new price. It is a tv, tons of them out there.

[Sparkey55]

Re: Used TV Resales, very slow...

Yep, Walmart has m for similar prices, the profit margins have been shrinking the last few years, now they must be darn-right miniscule. Looks like they are cutting every corner they can, using substandard parts or trying to get away with under-powered power supplies etc. explaining why tvs are breaking down in warranty or just out of warranty with all kinds of strange symptoms showing up, I don't think the technology is at fault as much as the weak marginal at best components they are passing off on everyone. Looks like quality control is nonexistent today, which would be good for the tv repair man IF the tvs weren't so cheap to buy.

Yep. As a former tv repairman i starved to death. Worked in 2 repair shops no go.

[llonen]

Re: Used TV Resales, very slow...

Repair for direct sale televisions make up about a quarter of my workshop throughput, it varies considerably but up-to a half would typically be made up of clients televisions in for repair and from there about a quarter of my repair workload could be anything from dishwashers, GHDs, micro electronics and digital work macbooks to old stereos and radio equipment repair or modifications.

I usually don't pay for faulty televisions, resale wise similar to prices already quoted,

Upto £150 for 42 - 48 LCD sets (branded)

As to 4k and 3D stuff I look at the original sales pricing and usually sell for half retail pricing unless the set was very expensive to start with then I might list for a 3rd of retail. This formula has served me well for a long time all my work is warranted for at least 3 months, and will typically include local delivery and setup if required.

I certainly had to diversify my workload though to remain viable.

[dick_barton]

Re: Used TV Resales, very slow...

I've only done repairs as a hobby and to make some beer money. Several years ago I could get sets to repair and make a little profit to make it worth while. Now I haven't purchased a set to repair in almost a year.
As said above the prices of new sets had dropped massively over the last few years. What TV's I do find for sale are often at a price I would have great difficulty selling at. There's little interest in HD or HD ready sets. People are now generally looking for smart TV's to purchase and the only one's I see for sale are cracked screen sets and then at stupid prices.

[Michale32086]

Re: Used TV Resales, very slow...

I've been repairing and selling used TVs for quite a few years now, mostly on Craigslist. I've watched prices go down over the years as prices of new TVs also go way down.
Now it's at a point where both purchases and sales are extremely difficult. I do Craigslist and a couple apps (letgo and OfferUp), but very few calls even when priced what I think is fair..

Even part sales have slowed down dramatically.

I'd like to know what everyone is is seeing, what's working, what's not, and what you're getting for certain size LCD/LEDs these days..

Maybe I'm way over priced!

I have been doing TVs for about 4-5 years now... In NE Florida... At a Flea Market...

I have several "scrappers" (dumpster divers) and a couple of "hangers" (guys who install high end TVs for rich clients and get the "old" TVs to haul away) on the "payroll"...

All told, I usually get anywhere from 5-20 TVs in per week... In addition, I usually get about 3-8 TV repairs per week from customers...

My successful repair rate is around 30% from the scrappers, 70% from the hangers and about 70% from the repair customers..

For sales, I usually offer a 3 month warranty for sets under $300, 6 month warranty for TVs $300-$800 and one year warranty for any sets over $800.

Having set the stage, I have definitely seen where prices are dropping and sales are off..

It's very disheartening to walk around WalMart and see how low "high end" units are going for...

Tax Time is my busiest sales time and usually lasts 4 weeks, give or take... This year, I had one good weekend of sales ($2200+)....

I tried doing the FaceBook/Swip Swap/Craiglist thing, but found I was spending a LOT of time talking with people that could have been spent repairing.. And usually, it's all just talk with very few sales to show for it..

But, it's a living.. I figure I'll be doing this until I can't see straight anymore..

A time, unfortunately, that is fast approaching.

[kevinm34232]

Re: Used TV Resales, very slow...

Thanks this is the info I'm looking for... There is still a market for these tvs, just need to find the buyers..

Craigslist has been my bread and butter for years, and it still may be... The apps I also get a few leads from.. But they're limited to what you can say ... Is anyone having good luck with a certain website or app?

I have not been very active in the last year or so with selling, but now all of a sudden I find myself with several tvs for sale. I'll be experimenting with different marketing.
For some reason I got blocked from all the local Facebook groups even though I have only posted once or twice on there. But I didn't get much from there anyway..

[Michale32086]

Re: Used TV Resales, very slow...

Yea, this is pretty much my existence.. 6, sometimes 7 days a week... My biggest issue is space...

At the rate of inbounds I see, I need a decent sized warehouse..

Unfortunately I got a 15'x30' work/display area with a few storage areas scattered around the market..

[jetadm123]

Re: Used TV Resales, very slow...

Instead of selling refurbished TVs, maybe start parting them out and just sell the boards, LED strips, etc. Damn, have you seen some of the prices those used LED strips sell for?! Sort of like parting out used cars, where the parts are worth more than the running car itself. As evident by the number of requests for help on this forum, it's clear a lot of people are no longer willing to pay someone else to repair their sets. So, they give it a go at the repair themselves. Look at shopjimmy, they seem to do a brisk business selling parts. Of course, there are those DIYers that don't perform any testing and just order boards in the hope that will solve their problem. These "experimenters" can waste your time and return good boards in non-working condition, but if you have access to a lot of TVs and are willing to assume some risk, then this could be another avenue of income.