The method proposed to get a rough idea of the Value is viable and one worthwhile considering.
Alternative, reduce purchase value by 50% of paid price, if the model is upto 3 years old.
Above 3 years old creep price down towards a 60% reduction to counter offers of a 70%—80% reduction.
My last Phon’ sold, a commercial SS model, that proved to be very very poor, went quickly when reduced to more than 50% off the retail price. I paid near £1500 to have that lesson.
Have had a similar experience with a early model Hana Cart', a big outlay to be immediately uninspired.
Anything worth it’s salt is never sold on when I own it.