What's my 2006 Sundance Optima worth?

[pg_rider]

Thinking about selling my 2006 Sundance Optima to help raise money for a down payment on a house.  It was bought new in October 2006 and has been well-maintained.  Everything works -- no issues at all.  I bought a new cover two years ago and it's holding up well.

Considering I paid $10k for it, and it's in great condition, is there any way I could get $5k or better for it?

[goose973]

That's like 7% depreciation a year. Most used tubs I found in my area when I was looking lose at least 10% a year by the time they're that old.

[TwinCitiesHotSpring]

I'd be shocked if you got 5k from a private sale, but that doesn't mean you shouldn't list it for that...all it takes is one buyer...I would prob. list that tub at 5k here in the store but that would include delivery, new cover, steps, chem kit, and a 90 day warranty.

but as I said, list it high and hopefully someone offers you a number you will like

[Spatech_tuo]

Thinking about selling my 2006 Sundance Optima to help raise money for a down payment on a house.  It was bought new in October 2006 and has been well-maintained.  Everything works -- no issues at all.  I bought a new cover two years ago and it's holding up well.

Considering I paid $10k for it, and it's in great condition, is there any way I could get $5k or better for it?

I like a formulaic way to go about it such as a depreciation of 40% the first year (its not new anymore and there is no warranty), 10% the second year and 5% every year thereafter so that would mean about 30% of the original price +/- maybe 10% but condition is everything so while $5k is high maybe its not that far off if the spa is in truly great shape. Why not ask for around $4500 and be prepared to bargain to whatever degree you feel makes sense.

[pg_rider]

Great info -- thanks!  I'll probably list it at $4500 and gladly take $4k.