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Selling a used plasma question **this is not an ad**  

post #1 of 7
10/6/08 at 2:40pm
Thread Starter 
This seems like a stupid question and I hate that I'm asking, but. . . . I am trying to help a family member decide whether to try to sell a slightly used LG plasma 50PC1DRA, keep it for a rainy day or give it to another family member. The deciding factor will be the secondary market pricing. The problem is that as this is an LG (the less popular choice than Panny, Pio, etc.), I cannot find any other similar models for sale or that have been sold so I don't even know the ballpark price for this model.

I know that it was purchased new in late 2006 for around $3,400, is 720p and has a built-in DVR that was never really successful in the marketplace. I can't even figure out if they can expect a decent secondary price for a screen that really hasn't gotten much use ($1,000+), or they should just make a family member happy for the cost of a dinner ($100). How do you figure out comp pricing when there is no comp?

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post #2 of 7
10/6/08 at 2:56pm
give it away to a family member...

unfortunately, televisions (especially 720p ones, since consumers have been convinced by marketing that only 1080p will do) depreciate like a rock...

they could try to sell it (via craigslist, for example), but i wouldn't expect to see $1000 for it, especially given the options for new sets that are priced in that range...

speaking as one who recently basically gave away a 2 year old d-ila set...
post #3 of 7
10/6/08 at 4:12pm
Displays are becoming like computers, they are not holding value for long. A person could get a brand new Panasonic TH-50PX80U for about $1000, so the two year old LG is probably worth $500 or less.
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post #4 of 7
10/6/08 at 4:40pm
Give it to a family member, or try your luck on Craigslist. I would be difficult to get more than $500 IMO.
post #5 of 7
2/13/09 at 9:45am
What do people recommend as a good outlet for selling a 50" TV (a PDP-5020FD in this case)? The largest I've sold is 32" but a 50" Plasma is another ballgame. The prospect of shipping it is a bit much (UPS/Fedex just wouldn't do either, lol), so I'm thinking selling it locally through Craigslist (as previously mentioned) or the like would be the best bet. Would love to hear other options/opinions, though. I've only had it since October 2008 and I'm wondering how I should price it...don't really want to go below $1300 but I realize my hands may be tied (in light of the economy and the recent devaluation of this model).
post #6 of 7
2/13/09 at 4:27pm
So, any anecdotal experience or advice from those who have gone through this before?
post #7 of 7
2/13/09 at 4:31pm
Hi

AVSforum has a marketplace area in which you can place for sale items. Beyond that: ebay, craigslist, selling to a family member and placing a local ad are your options.
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