View Full Version : What is my safe worth?
Busta Prima
04-06-2013, 15:31
I'm getting ready to sell my house and I am planning on offering up my safe for sale with the house. It's a 20 year old Liberty Washington 20. Liberty doesn't make them anymore. The closest match for thickness and fire rating and overall quality and security is the Presidential series. They start at $3600 but are 5 cu ft larger at the smallest. I'm not considering taking it because I'm outgrowing it and it's time for a new one anyway.
My safe has 7 gauge (3/16) in the body and a 3/8 in steel door (about TWICE the steel than the models below the Presidential line). It has the upgraded velour interior and an upgraded dial lock. It's burgundy with gold lettering and accents. The dealer says I can subtract about $700 from the Liberty Presidential for the size difference and then $?$? for it being used. When I said "what about $2000 then" he said it might be a good starting point, but then went on to talk about the Summit brand where a new one like mine can be had for that. The condition is great except for a couple of chips that were repaired with their paint. They're way on the bottom and barely noticeable. What do you think?
Thanks!
baglock1
04-06-2013, 15:50
Depending on the value of the house, I'd probably just use it as a negotiating point. If I was buying a $250k house, $2000 wouldn't really even blip my radar. If I was interested in it, I'd probably make an offer and say that I wanted the safe as well. If you balked, I'd just tell you to keep it. I wouldn't be willing to add to the buying price for it.
Of course, I'm the type of guy who would rather go out and pay $3600 for a new one as opposed to "financing" a used one for $2000 over 30 years (by incorporating it into the mortgage). In the long run, the extra interest wouldn't be worth it.
My first plan however, if I were you, would be to put it on Craigslist for $2000 obo and use the money towards closing costs. YMMV.
Busta Prima
04-06-2013, 16:05
Depending on the value of the house, I'd probably just use it as a negotiating point. If I was buying a $250k house, $2000 wouldn't really even blip my radar. If I was interested in it, I'd probably make an offer and say that I wanted the safe as well. If you balked, I'd just tell you to keep it. I wouldn't be willing to add to the buying price for it.
Of course, I'm the type of guy who would rather go out and pay $3600 for a new one as opposed to "financing" a used one for $2000 over 30 years (by incorporating it into the mortgage). In the long run, the extra interest wouldn't be worth it.
I considered all of that. My hopes are that people will make a good offer on the house and ask for it to be included as opposed to a lowball offer on the house. If the new buyer doesn't want it, I'll probably sell it right here! [LOL] I'm kind of doing the same thing with some other major ticket items. If I got asking price (or VERY close to it) they can have all of that stuff! Thanks for your reply.
I'd lock it and tell the new buyers you have no idea what's in it. Tell them it was there when you bought the house and you just never got around to trying to open it.
Everyone loves a mystery. For all they know it could be full of pirates gold.
Tell them you were going to take it with you but if they want it they can make an offer.
[Awesom]
We negotiated to leave our last one. To tell the truth I was happy they weren't so anti-gun that they wanted us to take it since the safe moving company (Hamblen) said there's no way we could pay them enough to move it back out of the basement. :)
After seeing what they went through getting it down there I can't say I blame them.
Unless the prospective buyers are into guns, it might not be worth anything at all to them. For that matter, I know gun people that won't spend $500 for an entry level safe.
BPTactical
04-06-2013, 17:19
I'd lock it and tell the new buyers you have no idea what's in it. Tell them it was there when you bought the house and you just never got around to trying to open it.
Everyone loves a mystery. For all they know it could be full of pirates gold.
Tell them you were going to take it with you but if they want it they can make an offer.
[Awesom]
I like this plan. Tell them to disregard the green glow from within. I would not mention that your kid only stutters within 5 feet of the safe.
RCCrawler
04-06-2013, 17:28
My hopes are that people will make a good offer on the house and ask for it to be included as opposed to a lowball offer on the house.
Chance are they'll give you a lowball offer and ask for it to be included.
You're better off selling it for cash
I wouldn't listen to what the dealer suggested as a price; after all, it's in his best interest to make you want a NEW safe.
It might work better for you to offer it for sale on a site such as this one, if you're looking to make money with it. People ask for the silliest things when buying a house, so it could be used as a tool for negotiation, but I actually think you'd recoup money and have it go to a good home by advertising it on firearms forums.
Great-Kazoo
04-06-2013, 21:53
Unless the prospective buyers are into guns, it might not be worth anything at all to them. For that matter, I know gun people that won't spend $500 for an entry level safe.
Who needs it for guns. it makes a great security unit for deeds, wills, SS card and other non-replacable items, market it to the buyer. That's why we call is Sales. I'd sell the new owners the safe no matter how anti-gun they were. Even more so knowing how they dislike guns, would be a sales coup.
baglock1
04-07-2013, 08:14
I'd sell the new owners the safe no matter how anti-gun they were.
"Oh those half-round cut-outs? Those hold endangered trees that I grow. I place them in here for safe-keeping after I uproot them and before going out into the woods to replant them. More tofu dip?"
Great-Kazoo
04-07-2013, 08:17
"Oh those half-round cut-outs? Those hold endangered trees that I grow. I place them in here for safe-keeping after I uproot them and before going out into the woods to replant them. More tofu dip?"
Holds their prized collectible, sports equipment. Bottom line it's a safe, how someone chooses to utilize it is up to them. Any kind of security in the home is a good selling point. Not like someone was keeping their coke and meth supplies in it, or were they?
BlasterBob
04-07-2013, 09:28
More tofu dip?"
Wow, never thought of baglock1 being a tofu guy![ROFL1]
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