Used couch - how much should it be discounted to sell it?

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amother

Wed, Nov 25 2020, 11:44 pm

Leather brand name excellent quality. Paid 950 (on sale). 3 years later what’s it worth?

dinglehopper

Thu, Nov 26 2020, 6:02 am

No more than half. Probably less.

amother

Thu, Nov 26 2020, 7:10 am

dinglehopper wrote:

No more than half. Probably less.

So you’re saying I can sell for not more than 450? Thanks!

notshanarishona

Thu, Nov 26 2020, 7:40 am

Probably even less than that. 3 years is a lot of use.

dinglehopper

Thu, Nov 26 2020, 8:07 am

Yes, can't sell it for more than $450. And probably for less.

leilatov1

Thu, Nov 26 2020, 8:19 am

$200 . Though personally I would give it away for free. As long as they arrange pickup

Tzutzie

Thu, Nov 26 2020, 8:36 am

Op I am looking to buy a new couch and I don't mind if it's used as long as it's in good condition. And regular leather. Not bonded (we have that now and it started peeling after a year. 5 years on and it looks terrible!)
Would you mind emailing a pic to me @ tzutzie@gmail.com ?
Thank you.

amother

Thu, Nov 26 2020, 10:03 am

Tzutzie wrote:

Sure, can you pickup from Toms River?

mizle10

Thu, Nov 26 2020, 10:18 am

I would pay max $300.

amother

Thu, Nov 26 2020, 2:17 pm

I just checked the pricing again cuz I found the invoice Smile

I paid &1,050 and if you’d buy today it would be $1,300. I have 2 Couches to sell, and would list for $1,000 for both. Does that sound fair?

Last edited by amother on Thu, Nov 26 2020, 2:18 pm; edited 1 time in total

amother

Thu, Nov 26 2020, 2:18 pm

Delete

notshanarishona

Thu, Nov 26 2020, 2:19 pm

You can always try. Personally if I was looking to spend $1000 I would buy new.

amother

Thu, Nov 26 2020, 2:32 pm

notshanarishona wrote:

You can always try. Personally if I was looking to spend $1000 I would buy new.

You could get 2 new leather sofas for 1,000?

happy12

Thu, Nov 26 2020, 2:46 pm

amother [ OP ] wrote:

You could get 2 new leather sofas for 1,000?

No. But these are 3 years old. I'm sorry to inform you but used sofas aren't worth much. It's not like used furniture which can last for decades. I wouldn't pay more than 250.
Generally used items are worth 25% of value or less.

mizle10

Thu, Nov 26 2020, 2:48 pm

amother [ OP ] wrote:

You could get 2 new leather sofas for 1,000?

I would get one new and wait for a second. But everyone is different, could be people would be interested.

amother

Fuchsia

Thu, Nov 26 2020, 2:49 pm

It is worth what someone will pay for it. Check your local Craigslist to get an idea of what people are asking in your location.

But in general upholstered furniture is very hard to sell and three years is a pretty long time in terms of the age of a sofa.

And $1000 for a leather sofa is not a high amount so it probably was not made to last decades. There is some furniture which is made really well - check out leather sofas from Stickley for example which are very expensive. Even slightly more expensive furniture from places like Restoration Hardware (e..g more than $1000 but less than Stickley prices) will generally not have many years left of wear - frames are not made so well; the stuffing and springs deteriorate and leather that isn't more than that price point starts to show signs of wear as well.

Also, I assume that a leather sofa is in a place where it has gotten a lot of hard use where people are using it every day versus a fancier style sofa which might be in the "formal" living room.

amother

Thu, Nov 26 2020, 3:27 pm

Ok thank you!

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