Hot Tub Forum
Original => Hot Tub Forum => Topic started by: kading on May 06, 2009, 02:14:02 am
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Hey Spa Professionals....
I am wanting to sell my hot tub.....how should I put a value on it....??
Artesian "Island 38_SS" Package, Antigua 38 2005, Island Pearl Luster. It is installed inside, so it is in excellent condition....nothing wrong other than...it doesn't get used enough. Any advice would be wonderful....thanks!!!! Robin :)
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Robin....
I am not a professsional....but if I were you I would study "the used market" for a few weeks by looking at CraigsList.com in your particular city.....compare the tub you will be selling and the tubs others are attempting to sell and get a feel for pricing.....of course throw out the super expensives and the super cheaps and arrive at a fair market value for your tub. Also call the dealer you purchased from as well as a few other dealers and see what they will offer. Even-though your tub is in excellent condition if you decide to sell it on CraigsList I would still put in the ad "sold as is" / "all sales are final"...because you never know what can happen in the moving of a hot tub. Good luck.
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Don't take a check.
8-)
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Hey Spa Professionals....
I am wanting to sell my hot tub.....how should I put a value on it....??
Artesian "Island 38_SS" Package, Antigua 38 2005, Island Pearl Luster. It is installed inside, so it is in excellent condition....nothing wrong other than...it doesn't get used enough. Any advice would be wonderful....thanks!!!! Robin :)
I also am not a professional but I sometimes play one on the internet :)
Take the price you paid for your tub and cut it in half. It doesn't matter if you only bought it a year ago or if it's 5 years old, it's only worth 50% its retail value in USED condition. For every year over 5, further reduce the asking price by another 10% of it's original value. Yep, after 10 years pretty much any tub will qualify as "scrap" and sell for between "haul it off and it's yours" or up to $1,000 (MAX).
There are a lot of reasons for these values that don't need to be detailed here (as they are listed in other posts in this forum). Almost no manufacturer will warrant a re-sold tub and most dealers only offer something like a 30 day repair warranty (no returns).
One thing that may actually "complicate" things in your case is the inside location. Extracting it from that position might be difficult for any buyer.
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Nice formula....though, I would tend to think that being indoors it might be worth a little more as it shouldn't have any of the weathering an outdoor spa would have.
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Good Morning....thanks for replying and giving advice...greatly appreciated. It may be me paying someone to take it, since it's not going to be the easiest object to move!!!!
Ughhhhh!!!!! Oh well...$$$, easy come..easy go...or something like that...have a great day......... :)
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"It doesn't matter if you only bought it a year ago ......
it's only worth 50% its retail value in USED condition"[/b]
W0W!
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Nice formula....though, I would tend to think that being indoors it might be worth a little more as it shouldn't have any of the weathering an outdoor spa would have.
That is what I am thinking. You might want to call a few places and see what it would cost to move it, jack up the price that much, and then sell it, "Moving included"
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That is what I am thinking. You might want to call a few places and see what it would cost to move it, jack up the price that much, and then sell it, "Moving included"
Many people who buy used are willing to move it themselves but you want to appeal to everyone. I'd price it like "$xxxx including delivery within 20 miles, $400 less if you move it yourself."
I'd bet MANY would be motivated to save the additional $400 but you'd also be accommodating those who can't.