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Author Topic: What’s going on with Festool  (Read 2543 times)

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Offline Renecastro

  • Posts: 27
What’s going on with Festool
« on: February 11, 2021, 04:39 PM »
Quick question I saw several domino 500 units on eBay go for sale at 1500$ dollars on bids WHY when a new one is 1060$   Are they on back order or is there a waiting list.   Someone tell me something. I have a new 700 should I sell it for more than what I paid for. ???? I saw one sell for 2200$

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Offline DeformedTree

  • Posts: 1398
Re: What’s going on with Festool
« Reply #1 on: February 11, 2021, 04:41 PM »
They are trying to defeat the festool shortsellers.....   I think that is the answer to everything lately.

Offline Renecastro

  • Posts: 27
Re: What’s going on with Festool
« Reply #2 on: February 11, 2021, 04:51 PM »
Can you elaborate a lil more.

Offline DeformedTree

  • Posts: 1398
Re: What’s going on with Festool
« Reply #3 on: February 11, 2021, 05:01 PM »
it was a joke... sorry.   [embarassed]

I think the answer to your question is there is a tool shortage, so if you want a Domino, you are out of luck. Thus people selling for high prices.  Covid has caught up to Festool

Offline Renecastro

  • Posts: 27
Re: What’s going on with Festool
« Reply #4 on: February 11, 2021, 05:08 PM »
It’s crazy prices I bought a mint domino 700 with all the goodies including extra dominoes etc etc for 1400$$ i saw a almost identical unit sell on auction for 2500$ ish.   I’m not planning on selling but it’s gotta suck for anyone needing such commodity. Only certain tools I noticed. Crazy times. Well thanks for the answer.

Offline TinyShop

  • Posts: 585
Re: What’s going on with Festool
« Reply #5 on: February 11, 2021, 05:50 PM »
Part of what you're seeing may be tied to sellers creating placeholder listings. This practice is common on eBay and Amazon and consists of sellers, in lieu of deleting a listing when an item is out of stock, raising the asking price in order to dissuade activity on the listing while preserving the listing for future use. Of course, this doesn't apply to auction-style listings.   
ETS 150/5 EQ (DE) [po], TS 75 EQ (DE) [po], OF 1400 EQ-F (DE) [n], CXS (DE) [n], CMS-GE [DE] [po], CMS TS 75 (DE) [n], LA-CS 50/CMS (DE) [po], VB-CMS (DE) [n], MFT/3 (CZ) [n], DF 700 EQ w/Seneca Small Mortise Kit (DE) [po], FEIN Multimaster 350 QSL (DE) [n], Bosch 1274DVS w/dust collection, sanding frame,  stand & fence (CH) [n], BOSCH 1590EVS w/dust collection (CH) [n], CS Unitec CS 1445 HEPA extractor <re-branded Starmix ISP 1435 H> (DE) [n], CT SYS (DE) [po], Milwaukee 0302-20 (US) [n], Two (2) Porter Cable 862 (TW) [n], Porter Cable 447 (US) [n], Zyliss Vise (CH) [nos], Hitachi C 8FB (JP) [h], Walko 4 MKII (NL) [nos], Festool MFS 400 w/add-on 700 profiles & router slide (DE) [n], Festool RAS 115 (DE) [n]

[po] pre-owned   [n] new   [nos] new old stock   [h] heirloom   (XX) country of origin

Offline Cheese

  • Posts: 9648
Re: What’s going on with Festool
« Reply #6 on: February 11, 2021, 05:53 PM »
it was a joke... sorry.   [embarassed]

I thought it was funny.  [big grin]   [big grin]

Offline Jeff Zanin

  • Posts: 297
Re: What’s going on with Festool
« Reply #7 on: February 11, 2021, 06:35 PM »
This and similar "supply chain" issues have caused me to re-think my shopping tactics. 

Typically I buy things in anticipation of using them for at least one specific project or task, and occasionally when the price is significantly below what I would expect to pay (Sears was classic for this), providing it was something that I would expect to find a "need" for at some point.  Similarly with common supplies, I try to keep a modest amount of items I have used and/or expect to use in the future on hand.

Now in the time of shortages, hoarding and gouging I am torn between not wanting to buy anything, and not wanting to find myself needing something that is either unobtainable or ridiculously over-priced.

This is truly a first-world problem at least for me because (so far) things I actually need to survive such as water, food, fuel, medicine, etc. have been available.  There were some temporary shortages and limits on things like toilet paper, disinfecting wipes and even prescription refills (30 days instead of 90), but never to the point that I was completely unable to obtain anything.

But as the issues continue across many different domains I am inclined to forecast what I might need or want for tasks that are in the indeterminate future, and shop for these items starting now in the hope of obtaining them at a reasonable price before the need actually arises. 

The whole idea of "just-in-time" provisioning is failing in the face of material & labor shortages, lockdowns & other restrictions, inadequate shipping capacity, social unrest and other issues that disrupt what most of us have come to expect.

In the Festool context I am fortunate to have pretty much everything I need for what I expect to be doing, but might order some consumables like sandpaper and perhaps a couple of Systainers to help with an ongoing reorganization / conversion.  Also maybe a couple of spare TS blades.  I already have a good supply of dust extractor bags and filters.
« Last Edit: February 11, 2021, 07:27 PM by Jeff Zanin »

Offline DeformedTree

  • Posts: 1398
Re: What’s going on with Festool
« Reply #8 on: February 11, 2021, 07:15 PM »
I think it's the hope of many that "just in time" dies from COVID.    Bring back local sourcing, bring back warehousing, reduce minor design changes since now you have a warehouse of stuff.

I've been looking at sanders on the Recon site, and part of me just keeps thinking about sanding pads for them.  Will you be able to get one is 20-30 years.

Any tool with a consumable has these problems.   Filters, Bags, Pads, etc.      Bits like sand paper are less of a concern as it is more or less universal.  You can always punch holes in stuff from the local store worst case.   

This is something I thought about when buying my DDF40, anyone makes dowels.  But a domino is just festool, and how much do you want to be cutting your own dominos.

You see the issues of cars and production stopping because of things like chip shortages.  Maybe if the cars used less chips, and what was used was made more locally (same hemisphere), and less specialized.

The early days of covid showed the issues.  Things like toilet paper, it wasn't even so much that people were hoarding, it was that the system is set for a stable demand, soon as everyone spend way more time at home, demand went up and threw the whole system out of whack. There was no extra capacity to be had, and there was no warehouses of it since no one spends millions to warehouse something that takes a lot of space and sells for next to nothing.  Those making product just never designed in a plan for a sudden shift in the market.

I bought stuff I expected to need for projects, some of that worked out, other things are still un-needed, and there were things I never thought would be an issue that suddenly were in shortage.

For sure, for the next few years, anyone building a home is going to build for more shortage for goods.

Offline six-point socket II

  • Posts: 1608
  • formerly @the_black_tie_diyer - 22/02/21 inactive.
Re: What’s going on with Festool
« Reply #9 on: February 12, 2021, 10:16 AM »
Can't fix stupid. Plain and simple. On the other hand, money is "cheap" like never before, so let people spent their imaginary capital, increase credit card debt, (...). I have beer and popcorn ready to watch it all crumble down. And then the real opportunity to buy stuff will come around.  [popcorn] [drooling] [popcorn] [drooling]

I think we definitely need a Festool dealer who accepts Crypto!  [2cents] [2cents] [2cents]

Kind regards,
Oliver





Kind regards,
Oliver

"... . Say yes to stuff, and it will take you interesting places." - Anne Richards, CEO Fidelity International

Offline Mjolner174

  • Posts: 23
Re: What’s going on with Festool
« Reply #10 on: February 15, 2021, 10:40 AM »
Quick question I saw several domino 500 units on eBay go for sale at 1500$ dollars on bids WHY when a new one is 1060$   Are they on back order or is there a waiting list.   Someone tell me something. I have a new 700 should I sell it for more than what I paid for. ???? I saw one sell for 2200$

It appears to me that there is at least one seller on ebay who loaded up when Festool Recon threw open its doors, and has turned around and listed them on ebay for substantially more than the price for new Festool tools. Right now the appropriately named ebay seller "funhog999" has two reconditioned DF500 for $1400 and a refurbished CT36 E AC for $900. I gues we know who hogged up all the DF 500s at the Recon sale. But hey this is capitalism at work. I only hope that some day funhogg999 gets to see karma at work.

I give Toolnut.com great credit for being transparent on the supply issues that Festool is facing and how it is affecting the availability of products for the retailers to sell. https://www.toolnut.com/festool-stock-issues.

W. Robb Graham

The most important woodworking rule is to never put your finger anyplace you wouldn't put your ______ .

Offline jobsworth

  • Posts: 6879
  • Festool Baby.....
Re: What’s going on with Festool
« Reply #11 on: February 15, 2021, 11:01 AM »
@Renecastro

Who knows why. Ax the sellers. Could be someone not know ing the actual price and guessing trying to make a few bucks.

Same thing happens here in the Classified, always someone trying to make a buck