Hi
I'm wondering what the consensus is regarding SuP depreciation. For example what's a new $1500 sup worth in 5-7 years if in ok condition and water tight? Is 50% a reasonable expectation? Thanks
In the uk the resell value isn't very good at all , I was looking for a sup (ended up buying new as the deal was very good and couldn't find a small size in used).
However I spent a long time looking and was surprised that sups were struggling to sell at ?400-500 (new costs ?1800 - ?200) hard to tell the age but definitely seen a few that weren't older than 5-6 years.
There has been a surge in SUPers in 2021 with the covid driving people to outdoor sports.However, I could not find figures, but I think this number has sharply dropped once the novelty effect passed for beginners, and the experienced SUPers moving to foiling / wingfoiling.
This means that we see now that it is much harder to sell SUPs, and thus a sharp decrease in second hand prices. And it will be worse in 5 years.
50% is unreasonable for a 5 years board already today. Just check your favorite classified site.
If I could sell a board for %50 I would get a new one. Instead I keep until destroyed. I wonder if I could even sell my smaller boards for anything, maybe as a big guy surfboard. This isn't good for new market. Windsurfing went thru a bit of adjustment with eventually the used market clearing out of recent gear, new production adjusting and you don't see the same steep discounts of the past.
Yeh it's a shame really but the same thing has happened to used windsurfing kit in the uk , not many are buying it.
crazy when tiny used foil boards are selling for good money.
Select to expand quoteKram74 said..
Hi
I'm wondering what the consensus is regarding SuP depreciation. For example what's a new $1500 sup worth in 5-7 years if in ok condition and water tight? Is 50% a reasonable expectation? ThanksSelect to expand quoteKram74 said..
Hi
I'm wondering what the consensus is regarding SuP depreciation. For example what's a new $1500 sup worth in 5-7 years if in ok condition and water tight? Is 50% a reasonable expectation? ThanksSelect to expand quoteKram74 said..
Hi
I'm wondering what the consensus is regarding SuP depreciation. For example what's a new $1500 sup worth in 5-7 years if in ok condition and water tight? Is 50% a reasonable expectation? Thanks
Lol
