Pricing out used barn "equipment" or a WWYD

[BuddyRoo]

NOTE: no contract, no real agreement, and no issue at this time...just looking for ideas. Very friendly discussion. Just want to be fair.

Scenario

You paid full price for equipment (bought new) and then shared the use of said equipment at a barn and then left barn. You really have no use for the stuff at this time because you don't have a barn but may in the future.

Owner wants to either A) give you all the stuff back which would honestly be a hardship for owner or B) just pay you for the stuff

What would you do? And if you try to set a price, what is a reasonable way to do that?

I'm talking things like rubbermaid tanks and heaters, heated buckets, extension cords, stall guards, mats, poop forks, buckets, muck buckets blah blah. Not big machinery or anything.

The total cost to replace all of the items would be around 1k. I don't need any of it at this time.

[CanTango1]

500.00-700.00 for the lot.... I wouldnt approach it as trying to price each thing individualy ( what a hassle anyway ).

If you dont want it, I would also say she must take the whole "lot".


I give that price because you paid for all of it as it was and while im assuming the horses used everything jointly, Its still used.

Does that make any sence ? Im bored at work if you cant tell hahahhahaa

[BuddyRoo]

Yeah, my horses + boarder horses + BO horses used the stuff. No big deal. And like I said, I don't really need the stuff at this point.

I priced things out new and it came to just over 1k (if I'm remembering everything) and the stuff has been in use for lets say...1 year.

500 still sound fair? It almost seems high to me.

[DiablosHalo]

Depending on how old the stuff is... you should ask used retail- which is at least 40-50% less than cost. If it's really old, then much less.

I would think it through and come up with a fair number that you would be happy with and seems fair to the barn owner as well. That way you are both happy - even if it's a compromise on both sides (she was thinking $300, you were thinking $700- and you offered $500. Instead of seeing it as a $400 difference, you only look at it as $200 difference... It's not much to give on either side and you are both happy).

[sid]

I don't think $500 sounds high at all -- after all they've had the use of the equipment at no charge for a year. If they have to replace it at $1K, they've made a good deal.

[aspenlucas]

Yeah, my horses + boarder horses + BO horses used the stuff. No big deal. And like I said, I don't really need the stuff at this point.

I priced things out new and it came to just over 1k (if I'm remembering everything) and the stuff has been in use for lets say...1 year.

500 still sound fair? It almost seems high to me.

I was thinking 500 or 1/2 of the price. Her horses used some of it no? I know personally if I found a lot of stuff like you are describing for 500 that was 1000 new and not used real hard I'd buy it. I'm a bargain hunter, and well those rubbermaid water troughs, they might as well be used when new they are GREAT!

[BuddyRoo]

Yeah, with the exception of stall buckets, stall guards, and the mats for my horses' stalls, everything else was used by owner's horses as well as boarders.

Thanks for the input guys. I HATE talking money but I also really don't want/need this stuff so I'd rather just propose a $$ amount. It's all "hooked up" for use where it is and I'd rather just buy new if I end up needing it. Every barn setup is different it seems and it makes no sense to just have this stuff sitting in my garage.

[BuddyRoo]

Okay...I just did a spreadsheet w/ all the stuff I can remember that's mine and what the replacement cost would be.

I think I'm just going to shoot the spreadsheet over and ask him to make me an offer.

I didn't include some things that I wasn't sure about...like when I paid for stall mats. And I didn't include some things that I definitely want to take with me (like jump standards)

So we shall see. Thanks again!

[Rev]

It can be helpful to have a cost basis to make "money talk" less squirmy (err. yeah. squirmy..you know what I mean...right?).
Take your "replace new" sheet add a tab and show the depreciation on the items.
Somewhere around the middle of that agreggate will be your reasonable price.
Big "hear hear" seconding whoever said deal in the full lot (minus the items NFS) or not at all. Onesy-twosy will eat up whatever convenience value discount with inventory count, separating out items, etc and tends to disintegrate into cranky minutia.
Best Wishes for this.
(and yeah--off the cuff-- $500 to $700 for needed things that are already there, installed, in use and in reasonable shape is a no-brainer good deal for the purchaser--imho).

Rev

[Bluey]

You could tell her what it cost new and ask her what it is worth to her to own it now, then go from that figure, that may be very close to what you had in mind anyway.

[BuddyRoo]

Sidenote: what do you do when the person you're dealing with doesn't realize you paid for all the stuff cuz someone was playing funny money?

Crap.

Still all is okay...but I feel like a jerk. He had no idea that I had been charged for some of this stuff.

[Rev]

Aw man.
Doesn't it suck when people suck?

Insert of unnecessary reminder that neither you nor the BO are the actual "jerk" here.
Confident that you'll get it worked out amicably...

Poor poor BO who is now going into the weekend sratching head and wonderingwhat else at his place he thinks he owns but actually doesn't...

Best Wishes for a successful resolution.

Rev

[ESG]

Sidenote: what do you do when the person you're dealing with doesn't realize you paid for all the stuff cuz someone was playing funny money?

Crap.

Still all is okay...but I feel like a jerk. He had no idea that I had been charged for some of this stuff.

Then it's even more important that you get a fair price for your stuff. If you weren't supposed to pay for some of it in the first place, then that puts the onus on the BO to make you a more than fair offer. :yes:

But you're right - people do suck. Especially transient barn workers/managers, I've found. The good ones tend to stay put. The bad ones come in, scam what they can, and leave. :sigh: