Thread: For sale.
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Old Mar 13th, 2016, 10:20   #34
Mike 700
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Last Online: Apr 15th, 2024 12:20
Join Date: Jul 2010
Location: Royal County of Berkshire
Unhappy

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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