Does anyone get a new bow every year by trading in the previous years bow?If so what kind of money do they give you for your used bow? Right now I have no desire to trade mine in, but who knows what new bows will come out next year. I was just curious as to if it is even worth it and if you get anything for your previous years bow to make it worth upgrading.
Where I work we give 70% of what we will sell it for... if the bow is one yr old and bare (no accessories) we start em at $650 ... so you'd take 70% of that... accessories you gotta give $20-30 a piece or so, You will ALWAYS MAKE MORE selling it yourself. But no hassle just taking it somewhere. I'm sure your local shop has a trade up program. Maybe it's $300 or $200 to trade up, just depends on the shop. "Couldn't think of a good Signature"
A few years ago I traded a Pearson Z-32 and a Pearson Z-34 in on a Carbon Knight at Scheels and they gave me way more than I expected, but much less than I could have gotten had I sold them on my own. I feel like they treated me fairly.
If its only a year or two old you should have no problem sellilng it yourself on Craigslist or Ebay. I sold my No Cam when the Halon came out. I went to the local shop and they would only give me about 500 for it. I passed and sold it on Craigslist for 800 If your a little patient you can definitely sell it on your own especially for bows that are only a few years old or less.
There is a place here on Long Island that I went to trade in my bow, I was told they do not do that. They wont have anything to do with used archery equipment. I was shocked. And the worst part of it all, the jerk behind the counter was not a nice fella either. Their loss, I will Never set foot in the place again!!
I am thinking of getting the HTX here in December when people start to trade in their bows for the new Mathews line up Which i have partially seen some of them being a pro staff shooter. they just may not be my cup of tea. also previous comments are right i would sell it yourself.
Definitely try and sell yourself. It might take longer, but you will be able to make more money with the right buyer. The way I see it the more you can sell it for, the more you have to spend on a new bow!
I never plan on buying and selling within a year, but I've had to in the past couple of years. Have to say that Archery Talk is the best place. I'd recommend you try selling on there before trading it in.
What are you wanting to get rid of? I think it would depend on what you are trading in or wanting to sell.
Some things to consider on a trade in. First you loose the margin that they would sell it for. Secondly they will generally base the trade in off of full retail price of the new bow. So not only you loose the margin you also pay a possible increased margin on the new bow. A double loss. Lastly as an off set they should deduct the trade in amount from them purchase price And you should pay less sales tax. So there maybe good reasons to trade a bow in verse selling it yourself however I haven't thought of them
My local shop has a rack (or two sometimes) to let you put your bow out for sale. He supports it as though he sold it new to you, but he never actually owns the bow. It really works out well for everyone.