Trade in price on 4700's, Legacy Twin LNB

[Adrian_R]

(Admins, if this is the wrong place to post this, feel free to move this with my apologies.)

I'm interested in purchasing a new (not refurbished) 721, and wanted to use two 4700's (upgraded to 4900's) and a legacy Twin LNB (all in good condition with remotes and smart cards; clear and free), as trade in credit towards the purchase of the 721.

DishDepot offered me a $100 credit for all of the above. On their web site, they state a $30 credit for each 4700 (didn't see anything for the Twin LNB).

My question is this; is this a fair price? I see 4700's on Ebay that have starting bids at ~ $95. Several other web sites are selling them for $80 new/refurbished.

I realize that DishDepot needs to make money on the stuff I turn in for credit, so I'm not against them making a profit. And I don't want to spend the time and effort to sell them myself on Ebay. It just seems like they are making ALLOT of profit on the equipment I would trade in.

Am I right? Comments/advice requested. Thanks.

[AllieVi]

Originally posted by Adrian_R
[BMy question is this; is this a fair price? I see 4700's on Ebay that have starting bids at ~ $95. Several other web sites are selling them for $80 new/refurbished.

I realize that DishDepot needs to make money on the stuff I turn in for credit, so I'm not against them making a profit. And I don't want to spend the time and effort to sell them myself on Ebay. It just seems like they are making ALLOT of profit on the equipment I would trade in.

Am I right? Comments/advice requested. Thanks. [/B]
They may or may not be making money on the items they take in trade. Some probably won't be in working order and others will not be in good enough cosmetic condition to re-sell. Some may need to be refurbished in some way and, in any event, DishDepot will expend time and money in the process.

Their offer to repurchase the items at all is unusual and generous. I can't think of a major retailer that is willing to take older models of its appliances in trade for new ones.

If the price they offer doesn't seem high enough, you should dispose of the equipment by other means. The fact that they are willing to take it off your hands at all is a good thing and something that should be encouraged.

[Adrian_R]

I agree that its nice that they are willing to take old equipment off of my hands, but lets get serious here for a minute. They are going to turn around and resell it. I know my units are in great condition, so I know that their prep/turnaround on these units would be small, hence my wanting more than just $30 per unit.

I've gotten an offer for $160 (including shipping) for them, so hopefully that will happen. Prefer to get $160 instead of $60.

[davhol]

"Fair" price is a subjective term. Your idea of "fairness" and a business's idea of "fairness" is what you have to evaluate if you take their offer. No one is forcing you to accept DishDepot's sense of "fair" on your trade-in. Try selling on E-Bay or some other venue. Put it up for sale in DBSTALK's "For Sale" forum.

[AllieVi]

Originally posted by Adrian_R
I know my units are in great condition, so I know that their prep/turnaround on these units would be small, hence my wanting more than just $30 per unit.
Therein lies the problem for DishDepot. I suspect that many who take them up on the offer couldn't claim their equipment is pristine. DishDepot can't know the condition of the equipment until they receive it, so they're buying it blind and offering a minimum price.

[Mike123abc]

They are not forcing you to turn in your equipment to them. If you think you can get more money on the open market go for it... If you want to avoid the hassle of having to market yourself you can take their no fuss offer.

[brentp]

Let's see, the last time I went to trade in a car, the dealer offered me something like 60% of the 'street' value for my current car. My choice was; . . . take the easy way and trade it in, or do the additional work required and sell it on my own. Of course we all do try to get the lowest sale price and the highest trade price, but the trade price usually never comes close to the 'street' price, . . . especially when the purchase price for the new item is below the 'street' price'.

Choice is yours, . . . if you want more for your trade in, do the work required to get it.

Good Luck!

[Adrian_R]

Guys,

I guess your missing my point. I realize that there are two options for me:

1) Give to seller for credit
2) Sell myself

I also realize that option 2 will make me more money, but also take more work to do.

What I'm trying to say is that I would have settled for option #1 if the credit amount was more than it was, realizing that the credit amount would never get near the $ made on option #2.

$30 is TOO low even for option #1. They sell new for ~ $150, and used for $100. And that's in various conditions too.

As the option #1 credit price gets higher, I'm less willing to want to do option #2. The way I look at it is like Blackjack. $30 credit is like holding at 13. But I do realize that the "magic" number for deciding between option #1 and #2 is a gray factor, and varies from person to person (and situation to situation).

Anyway, I ordered my 721 this morning from DishDepot, and am selling my 4700's for $80 each. Got a $40 credit for my legacy twin lnb from DishDepot.

Thanks to everyone for your input/advice! Its appreciated.