How much does a bow depreciate in value
05-01-2007, 12:29 PM
#12
Join Date: Feb 2003
Location: Paoli PA
Posts: 898
RE: How much does a bow depreciate in value
how about a mathews legacy, with all top-end accessories? Thinking about updating to a new mathews and wanted to know what mine would be worth. Here are the specs: mathews legacy 30" 70lbs. Mathews 2-piece quiver, mathews rest, sure-loc lethal weapon sight and a dozen vapor carbon arrows.
05-01-2007, 12:52 PM
#13
Dominant Buck
Join Date: Jan 2004
Posts: 39,060
RE: How much does a bow depreciate in value
Sales 101:
50% when you walk out the door and your returnpolicy expires. If a retailer can't make 40% on a sale they need to rethink getting out of bed in the morning. Now that's not all retail items but a bow certainly falls into that catagory. For trade in it's worst. The retailer wants to make 100% profit on a trade in so why allow a trade in deal of 50% when new is about the same price with full warranty. If your selling out right then you can do better.
It follows the same princible of used cars. A dealer doesn't need another used car unless he can make money. They have all sorts of gimmicks making it seem your getting one heck of a deal when in reallity he's not giving you any better deal for your car then he would spend for the same model at the local auction.
50% when you walk out the door and your returnpolicy expires. If a retailer can't make 40% on a sale they need to rethink getting out of bed in the morning. Now that's not all retail items but a bow certainly falls into that catagory. For trade in it's worst. The retailer wants to make 100% profit on a trade in so why allow a trade in deal of 50% when new is about the same price with full warranty. If your selling out right then you can do better.
It follows the same princible of used cars. A dealer doesn't need another used car unless he can make money. They have all sorts of gimmicks making it seem your getting one heck of a deal when in reallity he's not giving you any better deal for your car then he would spend for the same model at the local auction.
05-01-2007, 12:57 PM
#15
Boone & Crockett
Join Date: Sep 2005
Location: Michigan/Ohio
Posts: 11,682
RE: How much does a bow depreciate in value
ORIGINAL: Fieldmouse
Sales 101:
50% when you walk out the door and your returnpolicy expires. If a retailer can't make 40% on a sale they need to rethink getting out of bed in the morning. Now that's not all retail items but a bow certainly falls into that catagory. For trade in it's worst. The retailer wants to make 100% profit on a trade in so why allow a trade in deal of 50% when new is about the same price with full warranty. If your selling out right then you can do better.
It follows the same princible of used cars. A dealer doesn't need another used car unless he can make money. They have all sorts of gimmicks making it seem your getting one heck of a deal when in reallity he's not giving you any better deal for your car then he would spend for the same model at the local auction.
Sales 101:
50% when you walk out the door and your returnpolicy expires. If a retailer can't make 40% on a sale they need to rethink getting out of bed in the morning. Now that's not all retail items but a bow certainly falls into that catagory. For trade in it's worst. The retailer wants to make 100% profit on a trade in so why allow a trade in deal of 50% when new is about the same price with full warranty. If your selling out right then you can do better.
It follows the same princible of used cars. A dealer doesn't need another used car unless he can make money. They have all sorts of gimmicks making it seem your getting one heck of a deal when in reallity he's not giving you any better deal for your car then he would spend for the same model at the local auction.
05-01-2007, 01:16 PM
#16
Dominant Buck
Join Date: Jan 2004
Posts: 39,060
RE: How much does a bow depreciate in value
ORIGINAL: Germ
Cabelas does not even come close to 40%, more around 20%
ORIGINAL: Fieldmouse
Sales 101:
50% when you walk out the door and your returnpolicy expires. If a retailer can't make 40% on a sale they need to rethink getting out of bed in the morning. Now that's not all retail items but a bow certainly falls into that catagory. For trade in it's worst. The retailer wants to make 100% profit on a trade in so why allow a trade in deal of 50% when new is about the same price with full warranty. If your selling out right then you can do better.
It follows the same princible of used cars. A dealer doesn't need another used car unless he can make money. They have all sorts of gimmicks making it seem your getting one heck of a deal when in reallity he's not giving you any better deal for your car then he would spend for the same model at the local auction.
Sales 101:
50% when you walk out the door and your returnpolicy expires. If a retailer can't make 40% on a sale they need to rethink getting out of bed in the morning. Now that's not all retail items but a bow certainly falls into that catagory. For trade in it's worst. The retailer wants to make 100% profit on a trade in so why allow a trade in deal of 50% when new is about the same price with full warranty. If your selling out right then you can do better.
It follows the same princible of used cars. A dealer doesn't need another used car unless he can make money. They have all sorts of gimmicks making it seem your getting one heck of a deal when in reallity he's not giving you any better deal for your car then he would spend for the same model at the local auction.
Here's a good one, those leather belts at the big stores, $2.00 sell for $30.00. It' goes back to RD's comment, they are worth what ever someone pays.
05-01-2007, 02:36 PM
#17
Nontypical Buck
Join Date: Apr 2007
Location:
Posts: 1,438
RE: How much does a bow depreciate in value
Hrmm. I wonder if the depreciation on my Alpine Sierra Magnum circa 1994 is aboout 100% 
Someone told me that bowfishermen might want it as it is sturdy
and a decent shooter with cheap Cobra sight. But I don't think it is worth the trouble of trying to sell. Someday, I'll put it on my wall and think of all the fun and dumb#%$ things I did with it when I was young.
Someone told me that bowfishermen might want it as it is sturdy
and a decent shooter with cheap Cobra sight. But I don't think it is worth the trouble of trying to sell. Someday, I'll put it on my wall and think of all the fun and dumb#%$ things I did with it when I was young.
05-01-2007, 03:48 PM
#18
Join Date: Mar 2004
Location:
Posts: 13,082
RE: How much does a bow depreciate in value
Bowfishing is exactly what we recommend guys do when they bring in older bows. By older, I mean more than 6 years or so.......We can't give them much on a trade in, and to be honest, we don't like to even take them because we'll never get rid of them.
Those older, round wheel bows make awesome bowfishing rigs. And, most times folks don't care if they get dropped in the mud and what not.
Those older, round wheel bows make awesome bowfishing rigs. And, most times folks don't care if they get dropped in the mud and what not.
