Hot tubs are great, especially in the cold winter months of Winnipeg! It’s always a bonus when you can save yourself a few bucks by purchasing one second hand. Although refurbished hot tubs can initially save you a few dollars, there are many factors you should consider before making the final purchase. Read more for some tips to consider when purchasing a refurbished tub.
Consider the age of the tub
If you’re considering a refurbished hot tub, consider the age of the tub. A hot tub older than 10 years may be difficult to get parts for. Your hot tub essentially becomes a boat anchor if the parts are not available. Unfortunately just one part malfunctioning could render the hot tub unusable.
Consider the hot tub brand
Like many industries, some manufacturers are no longer in business. For the reasons mentioned above, this could be important. A simple google search could provide you this information and if there is a local dealer. Many local dealers will only service their own brands as they can only access these parts for servicing.
How much should you pay for a refurbished hot tub?
A rule of thumb is a depreciating value of $1,000 to $1500 per year. A $10,000 Hot tub is worth between $2,500 and $5,000 in five years. Some people might find this depreciating value too aggressive and think the hot tub is worth more. In our opinion, at the end of 5 years, your warranty is over and a new spa may be better value.
Should you buy the hot tub privately or from a dealer?
One should not assume a refurbished hot tub from a dealer is necessarily more money. Shop around to be sure. You can also use this exercise to see the cost of a new spa. We have seen incidents of people paying too much for a used spa privately compared to a new spa complete with a warranty.
Was the spa leaking?
If the leak is hard to detect and find, it may mean a costly repair. The leak may become worse in the winter and now the spa shuts down from a lack of water through the pump. You now own a frozen spa and your investment might be gone.
How built-in is the hot tub and how will you move it?
Hot tubs weigh about 1,000 lbs. If you bought new from a reputable dealer they have the correct equipment and expertise to move the spa. We have at times moved hot tubs for customers from one location to another but there is a cost of course. This cost should be factored into your comparison chart of new vs. used.
Good luck in your quest for a hot tub to shorten these cold Winnipeg winters!