What is NOS ?

[bikeworkshop]

Technically NOS as "stock" implies never sold retail, so still stock.

Likewise the term New.
Once it's bought, it's not new when up for sale again. Unused, unopened, unfitted, but the buyer longer has the rights and guarantees of buying "new"

Once it's been bought, it should become NiB

 

[27motorhead]

Technically NOS as "stock" implies never sold retail, so still stock.

Likewise the term New.
Once it's bought, it's not new when up for sale again. Unused, unopened, unfitted, but the buyer longer has the rights and guarantees of buying "new"

Once it's been bought, it should become NiB

NiB, now that's another thread altogether!

 

[27motorhead]

If I put them up for sale, discount pricing, NOSOSOS: New Old Stock Odd Socks On Sale
Does that equal 12 units of stupid?

In all honesty I don't feel that stupidity should be measured in units. If it was, it feels like it should be measured in odd numbers only.

 

[bikeworkshop]

These terms are extremely lightly used by some sellers

 

[MattiThundrrr]

I bought those from a guy whose business was to buy up unsold inventory from closing bikes shops and resell it out of his garage. He had a business card and pens and a sign and everything. It is now in my stockpile of parts. If I resell them for profit instead, are they NOS again?

 

[bikeworkshop]

I bought those from a guy whose business was to buy up unsold inventory from closing bikes shops and resell it out of his garage. He had a business card and pens and a sign and everything. It is now in my stockpile of parts. If I resell them for profit instead, are they NOS again?

If you classified yourself as a business, including paying any tax liability, and offer the usual rights to your customers, then they should be.

 

[MattiThundrrr]

That is a fascinating perspective. Quite different from what I have heard. I never thought of business ownership as a requirement for NOS. To be honest, it sounds like the most accurate definition for legal purposes, but I had never heard that stipulations before. I always understood it to mean an unused product in original packaging, professional status of owner being irrelevant to the piece itself. To my thinking, it would lose the NOS status once opened and installed rather than once it passed into private ownership.

 

[baron von greenback]

Thats how i see it nos unopened in a packet and i would push if it never seen a bike as well but also once it changes hands it could become secondhand but unused or brand new in original box but secondhand think it all comes down to wording but what if it never made a shop and came from factory or a private rider still in packaging would that make not nos i think it comes down to interpretation but by law once it changes hands its preowned

 

[bikeworkshop]

Legally speaking it's no longer "new" once a private individual has bought it

So consequently if you weren't happy you would have a legal right to your money back -

But the description "NOS" is well used by individual sellers, so
Caveat Emptor
has its usual part to pay.