Retail?


When listing an item's new retail, should the price be the current retail, or the price of the item at the time it was purchased? If you know someone bought an item for $2,500, it is 3 years old, and the say the current price is $3,300 and are asking $2,200 - is this appropriate and honest or somewhat not?
pubul57
This thread separates the honest from the dishonest sellers. Why inflate retail price to get a better sales price? People will remember the names on this blog, and may deceide not to buy from those who lie through omission of the truth. Sometimes it's better to look elseware.
Polk, I think there is a difference in philosophies articulated here but labeling somebody dishonest might be a stretch. What do you think?
It is hard to speak to motive, or what lies in a person's heart, but for some the act would seem dishonest so they would not do it or at least be open and transparent about it, for others they see no such conflict or duty to disclose, and one must conclude that coming from that perspective they are not being dishonest, they just see the situation differently. Then of course there are those who know or think it is wrong, but do so anyway because it is to their advantage and I think we can say that they are dishonest as to motive and intent.
My feeling is that just as the price a seller will obtain for an item can be adversely affected by the introduction of an upgraded version, or by other circumstances beyond his or her control, he or she is entitled to realize some benefit from price escalation that may have occurred for the model that is being sold. Perhaps even a windfall, if the current price of the same model is far larger than it had been. I don't see anything wrong with that.

A statement of the original purchase price could provide potential buyers with added confidence in the seller's character, but I don't see failure to state that price as being unethical, or as signifying anything negative about the seller's character.

IMO.

Best regards,
-- Al