wookie wrote:That's pretty harsh. 60% doesn't sound unreasonable, unless the market dictates that the going rate is higher. But $200 is perhaps 25% of the new cost. I agree that caution is advised due to the known heavy use, but for a working machine 25% is a wish not an offer. A lot will depend on the sellers view of it's value, it's possible that the business views it as completely depreciated asset. So it's not impossible that he could get it for $200 or even Barry's $50 deal. But it certainly wouldn't be the norm.
Even 50-60% of retail value ($400 - $500) might be a lot. Four years of heavy use is a fairly long time, and while it's possible it was properly maintained and operated by all of the office staff, it's not likely. I don't think $200 is necessarily an unreasonable starting offer even IF it's in good shape (four years of heavy office use almost assures that it won't be in "mint" condition).
I wouldn't worry at all about the market rate. If they can get more, then they will (and should) sell it to someone else. It's rare that in a limited market like espresso machines (or virtually anything but cars and houses), that the seller will take a walk on hearing the offer. It's far more likely he (or she) will counter. Of course, all bets are off if you're in a position of trust with the seller (i.e., if it's your mom or your little sister).
I'm not sure where you live, but Craig's list (
http://www.craigslist.com) has some pretty good deals at times. You have to be patient but if you live near a bigger city, it's likely you'll find a great deal on a used machine within a couple of months.