View Full Version : Tool Depreciation
TimberCruiser
15th February 2016, 10:31 PM
I was wondering WHY tools depreciate so much after you buy them ? For instance nearly every time a purchase a new tool say $ 900 + you drive home, wife asks " what is that ? " "how much was THAT !!" Oh only $ 250. How can tools depreciate so quickly :?
KeithP
15th February 2016, 10:51 PM
Yes I know what you mean, many of my tools have suffered instant depreciation. Also I find that tools can age dramatically, for instance a tool might be bought today but by the time my wife sees it on that same day, it can be years old.
China
16th February 2016, 01:34 AM
I don't have that problem, I also don't have a wife
62woollybugger
16th February 2016, 07:11 PM
If I die before my wife, I just hope she doesn't sell my stuff for what I told her I paid for it.
doug3030
16th February 2016, 08:28 PM
I like orange tools.
"I've never seen that one before, when did you get it and how much was it?", she asks.
"This?, I got it with all the other orange stuff (triton) over ten years ago, remember" :2tsup:
Cheers
Doug
Simplicity
16th February 2016, 09:46 PM
All my tools are family investments.
Like the stock market sometimes up sometimes down
It's really how you look at things ???
TimberCruiser
16th February 2016, 11:41 PM
If I die before my wife, I just hope she doesn't sell my stuff for what I told her I paid for it.
So true !!
ian
17th February 2016, 07:22 AM
If I die before my wife, I just hope she doesn't sell my stuff for what I told her I paid for it.look at it this way: you'll be dead so you won't need to worry.
I'm more interested in knowing that my wife will ensure that particular "special" tools go to particular people.
MrSunny
17th February 2016, 10:01 AM
look at it this way: you'll be dead so you won't need to worry.
I'm more interested in knowing that my wife will ensure that particular "special" tools go to particular people.
Some of my best tools are inherited. Recently I've begun sourcing more scrap timber because my 9 yo is going nuts with her great grandpa's hand drill.
fenderbelly
17th February 2016, 11:34 AM
Guy's, you have to remember that Dresses and other fashion accessories depreciate just as quickly.
Chesand
17th February 2016, 12:02 PM
Guy's, you have to remember that Dresses and other fashion accessories depreciate just as quickly.
They don't last as long either and unlikely to be passed on as an inheritance
Steve Welch
21st February 2016, 03:28 PM
Works the same way when I buy guns and the wife realizes theres another one kicking around.
rustynail
22nd February 2016, 05:56 PM
Jees, you blokes must be married to dragons.
KBs PensNmore
22nd February 2016, 06:18 PM
I like orange tools.
"I've never seen that one before, when did you get it and how much was it?", she asks.
"This?, I got it with all the other orange stuff (triton) over ten years ago, remember" :2tsup:
Cheers
Doug
I'd like to try this but, unfortunately my partner has a photographic memory, when it comes to my stuff. I too, have a photographic memory, but forget to put in the film.:doh:
Kryn
Kidbee
22nd February 2016, 06:38 PM
Jees, you blokes must be married to dragons.
Partners who are just not tool admirers!
doug3030
22nd February 2016, 09:19 PM
I'd like to try this but, unfortunately my partner has a photographic memory, when it comes to my stuff.
Actually Kryn, there is more to it than just colour matching. In one of the drawers in the back of the ute right up the back behind the 4wd recovery gear there's a can of wd40 and a bag of fine sawdust. Remove the tool from the original packaging, spray lightly with the wd40 and dip in the sawdust. Looks like it HAS been in the shed for 10 years at least.
Cheers
Doug
kiwigeo
24th February 2016, 04:52 PM
I was wondering WHY tools depreciate so much after you buy them ? For instance nearly every time a purchase a new tool say $ 900 + you drive home, wife asks " what is that ? " "how much was THAT !!" Oh only $ 250. How can tools depreciate so quickly :?
LOL....I do better. My tools go from existing as they leave the shop to non-existant as soon as they enter my workshop