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Old 05-08-2011, 08:04 AM   #1
PIMking
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Default Help pricing something

I've got an LG-37LB5D Tv and I was wondering what a fair price would be on a used 2 year old tv?
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Old 05-08-2011, 08:27 AM   #2
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$25!
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Old 05-08-2011, 08:37 AM   #3
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maybe $200 on the upper end.

$500 can get you a new 40"+

Id say 50% off at least since it used - 2 years old and smaller.

Dont base it off what you paid 2 years ago or youll be asking too much.
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Old 05-08-2011, 10:04 AM   #4
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You have a number of factors working agaisnt you here:

1) LCD tvs have a limited lifespan. People will hesitate to buy a used one as they really have no idea how many hours you've actually watched it for.

2) TV technology has increased greatly in the last few years. Your TV is now outdated. Images have become sharper, glare has been reduced, etc..

3) TV price has fallen dramatically in the last few years. Why buy a used one when you can find a new 37'' on sale for 400 or less.

Quite frankly, if I were you, I'd set up the old TV in a spare room. If you have a guest room or a basement, the old TV would make a great addition.
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Old 05-08-2011, 10:34 AM   #5
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You have a number of factors working agaisnt you here:

1) LCD tvs have a limited lifespan. People will hesitate to buy a used one as they really have no idea how many hours you've actually watched it for.

2) TV technology has increased greatly in the last few years. Your TV is now outdated. Images have become sharper, glare has been reduced, etc..

3) TV price has fallen dramatically in the last few years. Why buy a used one when you can find a new 37'' on sale for 400 or less.

Quite frankly, if I were you, I'd set up the old TV in a spare room. If you have a guest room or a basement, the old TV would make a great addition.
1) Most often the only reason for a LCD's limited lifespan is that the manufacture put in capacitors that are not rated to last very long. They don't want people to keep tv's for 20 years anymore.

2) it's still a 1080P Tv while most tv's at box stores are 720 and I don't believe that HD broadcasting is above 720 at the moment anyways

3) Yes they have

I replaced all the Caps on the power board with better rated caps so it shouldn't be an issue, It hasn't been really watched all that much at all.
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Old 05-08-2011, 10:43 AM   #6
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I think you could get $150 maximum. If I'm not mistaken those T.V's go for something like $400 here so I'm assuming it's cheaper in the States.
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Old 05-08-2011, 10:43 AM   #7
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What do you think the price should be? Maybe you should name it and we will tell you if it's fair or not.
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Old 05-08-2011, 10:52 AM   #8
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It's really hard to guess on a price. To do so you have to look at similar tv's in the used market in your area.

For example, here in Calgary I couldn't sell a 32" CRT tv for more than $25. However, in Lethbridge (about 200km south), I can sell that same tv for no less than $100. So it's really dependent on the demand in the area and what people are willing to pay.

There is no set guideline for pricing old used equipment.
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Old 05-08-2011, 10:54 AM   #9
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BlackArcher,

I was just trying to get a ballpark figure, I don't know if I'm going to sell it or not. Local CL is terrible on pricing and even ebay people want too much for tv's that are broken.
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Old 05-08-2011, 10:54 AM   #10
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I think you could get $150 maximum. If I'm not mistaken those T.V's go for something like $400 here so I'm assuming it's cheaper in the States.
I believe when it came out it was a $1200 tv
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Old 05-08-2011, 10:57 AM   #11
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here is a broken 37" sony 720P

http://cgi.ebay.com/Sony-BRAVIA-KDL-...item2a104590b2

Broken screen means the thing is complete garbage. This guy wants $200 for a TV that is basically worth only parts.
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Old 05-08-2011, 10:57 AM   #12
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I believe when it came out it was a $1200 tv
Yeah, but that's not how you price something. Those TV's are worth about $400 now and probably less where you live. What it was worth when you bought it makes no difference.
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Old 05-08-2011, 10:59 AM   #13
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Quote:
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here is a broken 37" sony 720P

http://cgi.ebay.com/Sony-BRAVIA-KDL-...item2a104590b2

Broken screen means the thing is complete garbage. This guy wants $200 for a TV that is basically worth only parts.
That's a Sony so it's worth more than a LG, and just because someone over prices their stuff doesn't mean they are going to sell it for that price.
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Old 05-08-2011, 11:04 AM   #14
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I had a 46" Samsung LCD that was over $2000 when new, and 9 months later I had to sell it. I had to let it go for $900. TV's really depreciate quickly.
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Old 05-08-2011, 11:15 AM   #15
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Yeah, but that's not how you price something. Those TV's are worth about $400 now and probably less where you live. What it was worth when you bought it makes no difference.

I understand that it's no where near $1200 tv anymore, I just find it hard to believe that it's only worth 8% of it's original value.
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Old 05-08-2011, 11:33 AM   #16
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Actually 16.7%. And that is why I also don't sell off my old TVs. They get swapped around the house.

I now have a 37" TV in the bedroom; for the exact reasons you stated. My TV was worth $2000 when I got it in 2006; and when I replaced the living room TV in 2009 I expected I wouldn't get more than a few hundred for it. So up to the bedroom it went. And the bedroom TV went out to the cabin.
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Old 05-08-2011, 11:38 AM   #17
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Quote:
Originally Posted by PIMking View Post
1) Most often the only reason for a LCD's limited lifespan is that the manufacture put in capacitors that are not rated to last very long. They don't want people to keep tv's for 20 years anymore.

2) it's still a 1080P Tv while most tv's at box stores are 720 and I don't believe that HD broadcasting is above 720 at the moment anyways

3) Yes they have

I replaced all the Caps on the power board with better rated caps so it shouldn't be an issue, It hasn't been really watched all that much at all.
Regardless of the facts behind assumptions 1 and 2, those are the assumptions that the public will make when buying your TV.

If you aren't really fixed on selling it just put it on craigslist for 400 and see if you get any offers. You can try higher, but if anyone pays any more than that, they are a very uninformed consumer. 400 is the absolute tops in terms of value. I guess you never know, someone may be willing to pay more than actual value and craigslist ads are free.
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Old 05-08-2011, 11:40 AM   #18
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I think I should also ad that even though it sucks that your old TV is not worth a lot, it's also a huge bonus that new tvs are way cheaper. For 1200 you could find a 50''+ TV pretty easily. The falling price of technology is a double edged sword that way. It means new goods of higher quality are constantly available at lower prices, but it also means your old stuff gets oudated really quickly and retains little resale value.
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Old 05-08-2011, 11:45 AM   #19
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I would search craigslist for your TV and other 37" (they are a bit more expensive than 42" for some reason). Check Vancouver Edmonton and other cities.
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Old 05-08-2011, 12:06 PM   #20
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Actually 16.7%. And that is why I also don't sell off my old TVs. They get swapped around the house.

I now have a 37" TV in the bedroom; for the exact reasons you stated. My TV was worth $2000 when I got it in 2006; and when I replaced the living room TV in 2009 I expected I wouldn't get more than a few hundred for it. So up to the bedroom it went. And the bedroom TV went out to the cabin.
Well right now we have:

Living Room: 42" Panasonic 1080p Plasma
Master Bed: 32" Insignia LCD 720 but reads out a 1080 for some reason

Spare #1: 26" LG LCD 720p
Spare #2: 37" LG LCD 1080p




I've been buying Tv's that tend to have the bad power board issue or even cracked screens that I can salvage parts off of and I got my hands on a 50" Samsung 1080P Plasma for $25 that needs a Y upper buffer board and a good screen and I also bought a one month old 50" insignia Plasma for $20 that had a busted screen. I took the parts out of it and I will hold on to them for a bit but will probably sell them. The guts in that Insignia were Samsung but they weren't the same as the other 50" so I couldn't just swap out the buffer boards.


So we're moving in a month to a bigger house and I will have my own den. Once I get the buffer board for the 50" plasma I think I will just hook up that to directv and the 37" to PS3 and the Xbox and maybe just put the 27" in a spare bedroom for guests when they come.
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