How to Price Used Appliances

How to Price Used Appliances
Written By
Lorna Hordos
Lorna Hordos
Published: Jul 8, 2009
Updated: Nov 20, 2021
1 minute read

Learn to price secondhand appliances accordingly to initiate a sale without selling your goods short.

Comparisons and Condition

Visit secondhand appliance stores and private online or newspaper buy-and-sell advertisements to see how much money other sellers are asking for appliances similar to yours. Find at least five of the closest comparable items by age, make, quality and condition for realistic values. Average the prices and list your appliance accordingly. If you want it sold quickly, set it at the lowest price you are willing to accept. If you're not in a hurry, price it on the high side, but note comparisons for new items as opposed to yours; even if your appliance is in top condition, asking no more than 50 to 75 percent of the new item's price should encourage a sale.

Candor and Curiosity

Be honest in your ad about the appliance's condition. Note if it's dented, scratched, a bit rusty, squeaks during operation or is working or not. Reveal this or fix it before listing it. Include a picture of the appliance to get about 50 percent more ad views, says Kijiji. Decide if a non-working appliance is worth listing as a free or low cost "handyman special" or if you'll haul it to the landfill or scrap yard where it may have scrap-metal value.

Photo Credits

Grassetto/iStock/Getty Images

Grassetto/iStock/Getty Images

Lorna Hordos

Lorna Hordos is a home-flipping business owner and freelance writer. She writes friendly, conversational business, home and lifestyle articles for Bizfluent, azcentral, Daltile, Marazzi, Lowes, Philips Lighting, WordPress.com and numerous…

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