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your thoughts on this used Oslo f500

Post in 'The Hearth Room - Wood Stoves and Fireplaces' started by sullystull, Aug 19, 2009.

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  1. sullystull Feeling the Heat

    joined: May 7, 2008
    296 posts
    WV Mountains
    I have come across this used Jotul F500 for sale here locally. The asking price is $1200. It is 5 years old, appears to be in good shape and even looks as if it was used minimally. Everything is in working order. Is it worth it or should I just bite the bullet on a new one and take advantage of the tax credit?

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    sullystull, Aug 19, 2009
    #1

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  2. DAKSY Super Moderator

    joined: Dec 2, 2008
    3,988 posts
    Averill Park, NY, on Burden Lake II...
    The new matte black lists for $1965 tax credit will bring it down to $1375.50
    Add your sales tax & you make the call...
    New unit with warranty or $300 less for an unknown critter...
    Seems a no-brainer to me...
    DAKSY, Aug 19, 2009
    #2

  3. Todd Minister of Fire

    joined: Nov 19, 2005
    8,785 posts
    Lake Wissota
    Why not buy that one and use the tax credit? The bill doesn't state the stove needs to be brand new. Offer $900, tell him you can get a new one for a few hundred more with the tax credit.
    Todd, Aug 19, 2009
    #3

  4. sullystull Feeling the Heat

    joined: May 7, 2008
    296 posts
    WV Mountains
    I was under the impression the credit was only good for a new purchase? Any thoughts?
    sullystull, Aug 19, 2009
    #4

  5. BrotherBart He Who Moderates

    joined: Nov 18, 2005
    21,921 posts
    Northern Virginia
    What you need for the tax credit is a receipt showing when you bought the stove and a printed copy of the eligibility certificate for it which you can print off of Jotul's website. The word new ain't nowhere in the bill authorizing the tax credit. Dealers would of course like for you to think it is.

    Talk to your tax guy.
    BrotherBart, Aug 19, 2009
    #5

  6. sullystull Feeling the Heat

    joined: May 7, 2008
    296 posts
    WV Mountains
    Does the receipt need to be a notarized bill of sale or will anything work?
    sullystull, Aug 20, 2009
    #6

  7. BrotherBart He Who Moderates

    joined: Nov 18, 2005
    21,921 posts
    Northern Virginia
    Just a dated receipt from the guy that sold the stove. Make sure that is lists it as a Jotul Oslo F500. I haven't seen a notarized bill of sale for anything in 25 years.

    Disclaimer: This tax advice was given by some unknown guy on the Internet and is worth every dollar paid for it.
    BrotherBart, Aug 20, 2009
    #7

  8. sullystull Feeling the Heat

    joined: May 7, 2008
    296 posts
    WV Mountains
    Funny...oddly enough though, I trust your info more than the guy I pay good money for to do my taxes :)
    sullystull, Aug 20, 2009
    #8

  9. BrotherBart He Who Moderates

    joined: Nov 18, 2005
    21,921 posts
    Northern Virginia
    I wish the people did back when I was doing tax returns. They always insisted that Uncle Charley did it so they should be able to also. I got sick of that stuff and quit doing returns a long time ago. I would go to jail. Not Uncle Charley.
    BrotherBart, Aug 20, 2009
    #9

  10. firefighterjake Minister of Fire

    joined: Jul 22, 2008
    13,472 posts
    Unity/Bangor, Maine
    Depending on how the baffle and inside looks (the fact that this guy took the time to clean out the stove is good at least) I would take Todd's advice and see if he bites . . . and if he does take advantage of the tax credit. It's still not a bad deal if you factor in the tax credit, but it would be a better deal if you could get the price down some.
    firefighterjake, Aug 20, 2009
    #10
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