Quote:
Originally Posted by Mike 700
Nothing for sale, yet, but I have recently been looking at changing my mobility scooter, which is now around 18 months old and has covered probably around 25-30 miles only.
It cost me £1064 new, and the point of this post is that 'depreciation' on mobility scooters is ' unbelievable'!
I have tried P/E - best I can get is £250 , 76-77% depreciation in 18 months?
& been advised to sell it privately with an asking price of £300!
Just imagine buying a new Volvo for say £35,000 & 18 months later it's only worth around £ 8,500?
The trouble is, that retailers are discounting so heavily on new scooters at the moment' that used scooter prices/ values are going thru the floor!
Obviously lower pricing is a good thing overall, and I guess I am just going to have to bite the bullet and go for a heavily discounted job, so that the low price I'll get for mine doesn't seem so bad??
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Anything to do with disability, the manufacture or reseller will try and milk the customers dry...
Manual Wheelchairs are worse, My latest one was just shy of £4000 (will do me about 4-5 year). But to manufacture it would cost £300-£400 material wise.
Captive market, not along an be done about it