Anyone capitalizing on the storm to thin the herd? - Snowblower Forum : Snow Blower Forums
 
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post #1 of 10 Old 01-27-2015, 12:53 AM Thread Starter
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Anyone capitalizing on the storm to thin the herd?

If I were to come up with a saying for investing / flipping used blowers, perhaps it might be something along the lines of:

Buy into apathy (summer), and sell into fear (right now).

Suddenly lots more people are asking ungodly high prices for used blowers (IE: $400+ for something worth $200 now, or $125-$150 in the summer). Assuming ones priced a little high are moving, while blowers that are reasonably priced are likely going like hotcakes.
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post #2 of 10 Old 01-27-2015, 01:06 AM
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I bet Jackmels will do well with the storms. Here in Minnesota is is 37 degrees and no snow. Last year I was getting tired of blowing my driveway and I had put on nearly 400 miles on my snowmobile by now. This year nothing.
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post #3 of 10 Old 01-27-2015, 06:18 AM
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I posted this ealier, in another thread but I sold everything early. Very happy I did. Am happy with the prices I got for them too. There's some guy in East York who has had a half dozen blowers for sale for a long time. No pictures, lots of messpelled words and extremely brief descriptions. He's had the same ads running for at least three months.

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post #4 of 10 Old 01-27-2015, 08:33 AM
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Originally Posted by micah68kj View Post
I posted this ealier, in another thread but I sold everything early. Very happy I did. Am happy with the prices I got for them too. There's some guy in East York who has had a half dozen blowers for sale for a long time. No pictures, lots of messpelled words and extremely brief descriptions. He's had the same ads running for at least three months.
I had the same thing here in Michigan. Sold a bunch in late summer and fall. And now I haven't been able to sell anything. We've barely had any snow here.




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post #5 of 10 Old 01-27-2015, 08:17 PM
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It sounds like it may be another year when the likes of Toro, Ariens and Simplicity will have to pack up the prototypes and travel to find snow. That happened a few years back. Usually it just storms at the factory and they go out to play.
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post #6 of 10 Old 01-28-2015, 11:20 AM
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I had the same thing here in Michigan. Sold a bunch in late summer and fall. And now I haven't been able to sell anything. We've barely had any snow here.
After a year like we had last year I made sure to get one, and get it long before the snow fell, and now that I have one I only used it twice
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post #7 of 10 Old 01-28-2015, 12:02 PM
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Our local Lowe's sure did capitalize! All winter long they've had a display two rows deep out in front. I just got back from there and they have... 3 blowers out there, and a few more inside. Gonna be a bunch of returns, I bet. We got a total of 3" + - m .5" .

Joe

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Toro 5/21 sold
Ariens 5/22 ss ..Sold
Ariens Sno Tek 7/24 sold.
Old green plastic snow shovel... Sent.to shovel Heaven
Old quarry shovel for ice.
New.green shovel
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post #8 of 10 Old 01-28-2015, 12:37 PM
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Joe, I used to work corporate loss prevention for a big box (shipping crates rarely came in with the correct count type stuff). They run to a certain time frame and then ship store lots to areas of likely sales. Some have agreements to return (like a lease program), others move them to storage and retail them again never cutting prices the "no snow" year end.
HD (not one I worked) would discount left over if overstocked by certain date. Feb. they'll all be renewing contracts to get lawn equipment. Retail is a Vegas game marred by idiots that want corporate cars and credit cards, and travel miles. Only thing worse is pharmaceutical co.'s, or insurance co.'s. If anyone has worked the interior of either and is offended, you likely have a corporate car and credit card
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post #9 of 10 Old 01-28-2015, 02:01 PM
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Wow! J.T.,I never had a high powered job with perks and etc such as co. car or card. I was never that motivated. I do know an individual who chose that path ( pharmecuticals) and he happens to be about the most miseable person I know. He is so bitter and really very unhappy. Makes me feel very fortunate that I chose the path I did. He has a fine big house, nice cars and.... Emptiness, it seems.
All that aside, I really do believe they were all sold during the hype from this last storm scare. I've seen it happen so many times.

Joe

Sent from my junky old Hisense 7" tablet that I can barely see.
Toro 724
Toro CCR 3650E
Toro 5/21 sold
Ariens 5/22 ss ..Sold
Ariens Sno Tek 7/24 sold.
Old green plastic snow shovel... Sent.to shovel Heaven
Old quarry shovel for ice.
New.green shovel
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post #10 of 10 Old 01-28-2015, 09:47 PM
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Originally Posted by jtclays View Post
Joe, I used to work corporate loss prevention for a big box (shipping crates rarely came in with the correct count type stuff). They run to a certain time frame and then ship store lots to areas of likely sales. Some have agreements to return (like a lease program), others move them to storage and retail them again never cutting prices the "no snow" year end.
HD (not one I worked) would discount left over if overstocked by certain date. Feb. they'll all be renewing contracts to get lawn equipment. Retail is a Vegas game marred by idiots that want corporate cars and credit cards, and travel miles. Only thing worse is pharmaceutical co.'s, or insurance co.'s. If anyone has worked the interior of either and is offended, you likely have a corporate car and credit card

If you think that is obscene, I worked hospital security while going to college, and beyond. Between the pharmaceutical, equipment, supply, and insurance companies, and then all of the purchasing agents that are in-house, it was eye opening.

And then there were the psych patients and drunks in the ER...... Never a boring day.

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