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-   -   Theoretical value of an aquarium... (http://www.canreef.com/vbulletin/showthread.php?t=5941)

Quinn 09-17-2003 09:03 PM

Theoretical value of an aquarium...
 
Speaking hypothetically, what would one expect the value of a large aquarium such as mine, and how much of a market is there? I mean everything, all livestock, equipment, everything, as a package. Just curious. Never know when life will throw you a curveball.

Samw 09-17-2003 09:09 PM

Re: Theoretical value of an aquarium...
 
I think it is much harder to sell entire systems and get as much as you would if you sold everything individually.

For individual items, as a seller I try to price my items like this: 90% if the item was never used. 70-75% if it was used less than 1 year. <60% for over a year.

As a buyer, if a used item was being sold for more than 80%, then I would prefer to buy new with warranty.

Aquattro 09-17-2003 09:19 PM

Teevee, it would be almost impossible to sell the entire system as a package, IMO. Unless you let it go dirt cheap..

Quinn 09-17-2003 09:29 PM

I hear you.

christyf5 09-17-2003 10:17 PM

Heck just look in the buy and sell forum and look at the people that were trying to sell the whole package and ended up piecing it out.

zulu_principle 09-17-2003 10:46 PM

I have bought a few systems in my time.

You usually dont pay more than 35% of what the equipment would be worth new and most will sell for about 25% of what was paid.

Selling individual pieces is the best route for maximum recapture of the invesment, but even then it takes time.

JMHO.


Wendell

UnderWorldAquatics 09-18-2003 12:43 AM

Keeping in line with Zulu and Reef Raf, systems are hard to sell for what there worth. Right now a customer of mine is selling a very very nice 230 with everything, he paid over $9500.00 and he will probably see less than $4000.00 for it and it is about 6 months old. You also have to be prepared to wait awhile if you want to sell as a package. As far as when I buy setups, which I do sometimes, the last setup I bought had recent receipts for well over $12,000.00 and I bought if for $1500.00, it was 1 year old.


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