Alzinho said:It's not new! It was bought in January and has someone else's name on the receipt....it's second hand.
Although you're right, it's worth what someone else is prepared to pay for it. Unfortunately there is a culture of unrealistic greediness when it comes to selling things second hand in this country which appears to be infectious.
Have you ever tried buying a second hand car here?!
Sorry. The concept is quite easy: if it's never been used, it's new. Someone else's name on a receipt does not make it used. I buy NEW items in my name, pay retail prices* and sell them. They are not used just because I bought them in my name before selling them on.
Make the guy an offer & see if he wants to sell it to you for what you want to buy it for.