This is a really pertinent question for me right now! I shoot a 2002 Hoyt Ultratec,like most of you guys between the bow,the sight,the rest,the winners choice strings and cables there is about $1000 bucks in this bow.I had had a year 2000 Ultratec as a backup,I hadn't shot that bow in 5 years,I had all I could do to get $175 for the bow when I sold it.I purchased a 2005 protec,had about the same amount of money in that bow,but I didn't like it's draw cycle,(specifically the way the cams rolled over)I sold it just this week and took a beating on it $425.So I am on the fence the thought of not having a back up bow scares the heck out of me!I know on my Ultratec that the limbs are warranteed for life,I just don't want to be out of commission during the season.Fortunately I have done enough business with my archery shop that I know he could get me set up in a pinch.My inclination is to have a set of string and cables ready if need be and look for a deal on a two to three year old bow,that I know that I am satisfied with and have shot before I purchase it.I also have two friends that buy two to three bows a year and we have similar draw lengths I am not looking to be a mooch but they are good friends and I would do the same for them.
I have to say that I am totally disgusted with the depreciation in value of bows.I like new and shiny as much as anyone I just hate getting beat on the sale of expensive extremely well maintained equipment.