Covid Price Surges: Whats good to sell right now?

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barnaclebob
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Covid Price Surges: Whats good to sell right now?

Post by barnaclebob »

I know that baseball cards, boats, and kayaks are selling very well right now. I could sell my boat for 30% to 50% increase over what I paid last year. I sold 2 kayaks for 25% more than I paid 2 years ago (bought them used from craigslist).

What else is selling well? RVs and camping trailers? Maybe this thread can inspire some of us to let go of depreciating items for better prices than we may ever see again.
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gr7070
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Re: Covid Price Surges: Whats good to sell right now?

Post by gr7070 »

It appears just about anything...

So long as one doesn't have to buy an equivalent. Downsizing would work, as well.

I don't know that I see the point though. I sell something I no longer want. I keep things I use. Meh.
Tingting1013
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Re: Covid Price Surges: Whats good to sell right now?

Post by Tingting1013 »

Used car prices have skyrocketed while new car prices have basically stayed the same.

A clear arbitrage opportunity. Trade up your used car for a new car for very little incremental cost (or even profit)
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celia
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Re: Covid Price Surges: Whats good to sell right now?

Post by celia »

Your house.
A dollar in Roth is worth more than a dollar in a taxable account. A dollar in taxable is worth more than a dollar in a tax-deferred account.
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Windylotus
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Re: Covid Price Surges: Whats good to sell right now?

Post by Windylotus »

Lumber!
ballons
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Re: Covid Price Surges: Whats good to sell right now?

Post by ballons »

Used cars. Sold a vehicle last year to a dealer at private party prices. Checked KBB and saw prices were ever crazier now so I listed my 20 year old beater that needed some TLC. A bidding war erupted. If you have a vehicle you want out of, now is the time.

Housing. If you want to get out of the landlord business, sell.
Barefootgirl
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Re: Covid Price Surges: Whats good to sell right now?

Post by Barefootgirl »

REITs? I keep hearing about surplus commercial space & office space.
How many retired people does it take to screw in a lightbulb? Only one, but he takes all day.
bluebolt
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Re: Covid Price Surges: Whats good to sell right now?

Post by bluebolt »

BTC
GME
runner3081
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Re: Covid Price Surges: Whats good to sell right now?

Post by runner3081 »

Home gym equipment, play pools, portable hot tubs.

Also hearing Heinz Fancy Ketchup lately.
johncunningham
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Re: Covid Price Surges: Whats good to sell right now?

Post by johncunningham »

Ammunition. Seriously.
mervinj7
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Re: Covid Price Surges: Whats good to sell right now?

Post by mervinj7 »

barnaclebob wrote: Sun Apr 18, 2021 12:05 pm I know that baseball cards, boats, and kayaks are selling very well right now. I could sell my boat for 30% to 50% increase over what I paid last year. I sold 2 kayaks for 25% more than I paid 2 years ago (bought them used from craigslist).

What else is selling well? RVs and camping trailers? Maybe this thread can inspire some of us to let go of depreciating items for better prices than we may ever see again.
Used EV.
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Watty
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Re: Covid Price Surges: Whats good to sell right now?

Post by Watty »

Tingting1013 wrote: Sun Apr 18, 2021 12:18 pm Used car prices have skyrocketed while new car prices have basically stayed the same.

A clear arbitrage opportunity. Trade up your used car for a new car for very little incremental cost (or even profit)
+1

I have an offer from CarMax for my three year old Corolla that is for more than I paid for it when it was new(not including tax and licence). The offer is good for a week.

I went out and test drove a more expensive SUV today and I am trying to work out a deal for a new car by emailing dealers before the CarMax offer expires.

The new car prices do seem to vary a lot. Some new car models are in short supply because of a worldwide computer chip shortage.
Tingting1013
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Re: Covid Price Surges: Whats good to sell right now?

Post by Tingting1013 »

johncunningham wrote: Sun Apr 18, 2021 4:38 pm Ammunition. Seriously.
$OLN
hi_there
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Re: Covid Price Surges: Whats good to sell right now?

Post by hi_there »

What about stocks?
Bryzzo2016
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Re: Covid Price Surges: Whats good to sell right now?

Post by Bryzzo2016 »

bluebolt wrote: Sun Apr 18, 2021 12:44 pm BTC
GME
HODL these.
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JonnyDVM
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Re: Covid Price Surges: Whats good to sell right now?

Post by JonnyDVM »

Vacation homes
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Jeff Albertson
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Re: Covid Price Surges: Whats good to sell right now?

Post by Jeff Albertson »

Ian Byrne, assistant manager of Highfield Garden World in Whitminster, Gloucestershire, said there had been a “massive upswing” in the sales of garden gnomes. “We haven’t seen a gnome in six months now, unfortunately,” he said.
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greg24
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Re: Covid Price Surges: Whats good to sell right now?

Post by greg24 »

Manufacturing drastically slowed down in the past year. The normal product supply is not there.

Which is causing a price squeeze in a lot of areas. I don't know a consistent way to attempt to profit of these moves.
Cycle
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Re: Covid Price Surges: Whats good to sell right now?

Post by Cycle »

Bikes. I sold my rental multifamily building. Got rid of all my physical silver.
Never look back unless you are planning to go that way
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