Valuing a used system [RE-wrenches]

Bob Maynard, Energy Outfitters bob at energyoutfitters.com
Mon Feb 5 13:52:48 PST 2007


Hi Allan,

>From past experiences in the NW, 50% plus or minus 10%(more often -5 to
10%) has been my general experience.  Things to consider, out of
warranty items, new owner bears all financial risk, proven gear but not
state-of the art, SW4024 has no memory backup and is being
discontinued(maybe, I hear conflicting stories) and although proven is
basically a 14 year old technology.  We've seen two major groups of
offgrid customers, those that can afford gear and buy new and those who
can't and must buy used.

Regards,
Bob Maynard
goSolar!/Energy Outfitters



-----Original Message-----
From: Allan Sindelar [mailto:allan at positiveenergysolar.com] 
Sent: Monday, February 05, 2007 11:03 AM
To: New wrenches posting
Subject: Valuing a used system [RE-wrenches]


Wrenches:
Your opinions and guidance, please:

We just turned an offgid system into a batteryless grid-tied system for
a
customer whose mountain property had the grid come in. Battery failure
(his
own admitted lack of care) was the catalyst for the change. His array of
12
BP585s from 2002 now feeds a Sunny Boy 1100.

So we have just removed most of a power system in perfect working order,
that we would like to resell and reinstall. We also have an interested
offgrid customer who needs to seriously upgrade his system for a home
now on
the market.

The equipment is nearly current: Outback PS4DC, Xantrex SW4024 with
T-240,
Solar Boost 50, Tri-Metric: very standard top-line stuff for 2002. It's
pretty much wired up, and includes cables, interconnects, conduit and
other
small parts. It could be easily reassembled in a new location, with the
addition of batteries, array and racking, making a perfectly adequate
system
that would not hinder the sale of a nice offgrid home.

Here's the question: What simple percentage of original sale price would
you
use to value a equipment in this situation? Both the seller and the
interested buyer are customers of ours, so the percentage should reflect
what is fair to both, rather than the best deal for either buyer or
seller.
We will take a percentage for consignment sale out of the seller's
proceeds,
so that issue should not be considered as part of this question. Also,
we
may or may not be asked to install the equipment, so that too should
stay
out of the question.

Thank you for any guidance.
Allan at Positive Energy


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