Other side of this coin is the one who do declare it to the Interior Revenue and state things like when I pop off you will be set for life just to justify their expenses.
Result is down the line after Fred has popped his clog's and gone on the the Great Imperial / Metric argument in the sky his widow rings a friend of a friend and get in touch with someone to clear the workshop.
Now this is from experience I I used to get this quite a lot, not that I'm a dealer but things filter down and running the Homeworkshop.org.uk site doesn't help. In fact I refuse to even pay a visit any more – don't need the bits and certainly don't need the hassle.
So you get there [ 2 gallons of diesel ] have a look round at usually is basically junk, work out how many trips to the tip is needed, work out what will sell and take your time into the equation, you make a bid only to be told you are robbing her.
Truthfully, the last phone call I had was from a Widow who was trying to dispose of hubby priceless Bridgeport. an early step speed model, no extras, no DRO, no power feed.
She informs me that he paid £3,500 for it from a dealer and would like the same. I told her market prices were currently about £700 to £900 on a good day and remember if you are buying this to resell with a machine that size buying price needs to be virtually free. The phone call didn't end on a good note but hey I don't care.
Now if you are selling to someone who wants it the current price applies but that buyer won't want to clear the lot and do 3 tip runs with a 3 tonne van.
The value of the stuff is in the small tools but that takes time and effort to sort and list, time that somehow needs to be paid for. even if you are working times isn't free. Time is finite.
I am under no disillusions with the value of my stuff, in fact some is negative equity given it's size and location. The big CNC mill is probably worth £210 in scrap alone but it's going to take 2 guys all day, with lifting gear to get it out in pieces. So does it go for scrap whilst it's in bits or do you spend another day putting it al back together to get running and see if anyone wants a 3 tonne 440v CNC mill made in 1989 ?