Retail?


When listing an item's new retail, should the price be the current retail, or the price of the item at the time it was purchased? If you know someone bought an item for $2,500, it is 3 years old, and the say the current price is $3,300 and are asking $2,200 - is this appropriate and honest or somewhat not?
pubul57

Showing 1 response by almarg

My feeling is that just as the price a seller will obtain for an item can be adversely affected by the introduction of an upgraded version, or by other circumstances beyond his or her control, he or she is entitled to realize some benefit from price escalation that may have occurred for the model that is being sold. Perhaps even a windfall, if the current price of the same model is far larger than it had been. I don't see anything wrong with that.

A statement of the original purchase price could provide potential buyers with added confidence in the seller's character, but I don't see failure to state that price as being unethical, or as signifying anything negative about the seller's character.

IMO.

Best regards,
-- Al