|
| Depreciation of Golf Clubs | |
|
+9slinger BabyCroc kyleyann Turbo TheFocalPoint scottycollector nrafee pushslice Derek 13 posters | Author | Message |
---|
Derek Caddy
Posts : 2158 Join date : 2009-10-20
| Subject: Depreciation of Golf Clubs Sat Dec 22, 2012 2:10 am | |
| Can't help but notice some threads in the marketplace where some clubs do not seem to be moving
Not that surprising given that golf direct is selling brand new beginner sets from estabkished brands from 350 to 550 dollars .
Just thought this might be a useful thread to share which clubs tend to hold value better and what clubs are pretty much worthless after a while, and an estimate of how long.
I have met mny new golfers who start out by buying a new set of the latest model for more than 1k then realised that they could not gt even half of that back after 9 months when thy wanted to upgrade.
Hope you guys can chip in with your views and experiences.
0
| |
| | | pushslice Caddy
Posts : 5606 Join date : 2009-12-26
| Subject: Re: Depreciation of Golf Clubs Sat Dec 22, 2012 6:55 am | |
| I find wedges drop their value very fast. Aftermarket shafts also drops far as second hands.
Cleveland, Adams and TM are brands that Golf Bargains and GD sells cheaply and so it's not worth it to buy from retail outlets or even from the US.
But it's not just about brands, some folks see clubs as a commodity and may not differentiate a preowned forged club by Endo and a new cast club by TM. Condition of the clubs seem to be more important.
| |
| | | nrafee Caddy
Posts : 1830 Join date : 2009-12-23 Location : [strike]Tiong Bahru[/strike] Bedok
| Subject: Re: Depreciation of Golf Clubs Sat Dec 22, 2012 9:01 am | |
| There is a hype factor that ties to clubs. Sorta like fashion statement. A 500 dollar TM driver now will probably cost 199 in 9 months at Golf direct. Still some people will buy it now. however there are some brands that will depreciate slower, like mizuno irons. A decent set of mx25 still worth up 400 bucks used condition. Of course, we haven't seen a set of Bfg 003 irons here, since it's launch last year.
Last edited by nrafee on Sat Dec 22, 2012 9:09 am; edited 1 time in total | |
| | | scottycollector Super Active Golfer
Posts : 1129 Join date : 2011-12-28 Age : 43 Location : Out of bounds
| Subject: Re: Depreciation of Golf Clubs Sat Dec 22, 2012 9:05 am | |
| This is hard to answer. depends on a whole variety of factors, eg which club, what brand, and what condition. But generally, if buy brand new, then one must be prepared to sell at much lower than purchase price. this is due to the fact that manufacturers (esp TM) churn out new models so fast.
Also, i think sellers need to have a slight change of perspective. The fact is that you have used and enjoyed the club, so even if you sell at half the price you bought, that's really ok. Eg. if I buy a club for $200, I use for 6 months / 24 games, then sell at $100. I essentially paid $100 to use it for 24 games ie only $4.16 per game (not including range sessions). This reasoning of course wouldn't apply if you buy a club on impulse, and then realise it doesn't work for u.
Anyway, back to your question. From my experience, only one thing holds its value fairly well (provided you don't buy brand spanking new)...scotty cameron putters!!! The price of a used scotty doesn't fluctuate very much as long as you maintain it well.
| |
| | | TheFocalPoint Incredibly Active Golfer
Posts : 3010 Join date : 2009-10-01
| Subject: Re: Depreciation of Golf Clubs Sat Dec 22, 2012 10:18 am | |
| I bought my irons for USD575. That was more than 4 years ago. I'm still using them. Going by you guys' perceived rate of depreciation, i'd have to pay to get it off my hands..
I guess the question buyers need to ask themselves is :
Am I REALLY going to play better with these? Self fulfilling prophecy if you ask me. | |
| | | Turbo Hall of Fame Golfer
Posts : 5876 Join date : 2009-09-30 Age : 98 Location : Pin Hole
| Subject: Re: Depreciation of Golf Clubs Sat Dec 22, 2012 11:47 am | |
| - scottycollector wrote:
- Also, i think sellers need to have a slight change of perspective. The fact is that you have used and enjoyed the club, so even if you sell at half the price you bought, that's really ok. Eg. if I buy a club for $200, I use for 6 months / 24 games, then sell at $100. I essentially paid $100 to use it for 24 games ie only $4.16 per game (not including range sessions).
This reasoning of course wouldn't apply if you buy a club on impulse, and then realise it doesn't work for u.
Anyway, back to your question. From my experience, only one thing holds its value fairly well (provided you don't buy brand spanking new)...scotty cameron putters!!! The price of a used scotty doesn't fluctuate very much as long as you maintain it well.
I agree with your take ... Sellers at the Marketplace thread have to be more realistic in their asking prices if they really wanna get rid of their equipment ... I also agree that Scotty putter has high resale value and very sought after (including its accessories like putter cover, caps, limited edition bags, etc.) ... | |
| | | kyleyann Senior Golfer
Posts : 459 Join date : 2009-10-13
| Subject: Re: Depreciation of Golf Clubs Sat Dec 22, 2012 11:49 am | |
| I feel it also depends on the initial cost of the clubs. For example, if you bought a set of fitted Miuras at price closer to 3k, I think it would be hard to sell 50% of the original price.
| |
| | | Turbo Hall of Fame Golfer
Posts : 5876 Join date : 2009-09-30 Age : 98 Location : Pin Hole
| Subject: Re: Depreciation of Golf Clubs Sat Dec 22, 2012 11:52 am | |
| - kyleyann wrote:
- I feel it also depends on the initial cost of the clubs. For example, if you bought a set of fitted Miuras at price closer to 3k, I think it would be hard to sell 50% of the original price.
The fitting market in Sg is still a niche market as far as I can see ... Considering our somewhat small golfing community and moreover, we do not have the critical mass like China, USA, etc. | |
| | | BabyCroc Very Active Golfer
Posts : 749 Join date : 2009-12-17 Age : 41 Location : Anywhere!
| Subject: Re: Depreciation of Golf Clubs Sat Dec 22, 2012 1:39 pm | |
| Putting condition of clubs aside cos thats variable amongst users, I feel that depreciation is largely caused by the manufacturers' rate of rolling out new models and series of clubs, and their price control policies with the retailers. Brands like Titleist have 1 new series across the board for the clubs they produce, and these last for a good 2 years before the next one is released. Price is also very stiff and well maintained throughout its product life cycle, and this in a way translates to a perception amongst their users that it holds its value for a longer time. The 910 series of metal woods and drivers held its value all the way until 3 mths before the launch of 913, where they allowed a price tag of 499'on their drivers to clear. Similarly, when scotty cameron is under Titleist, their new series of retail putters are also released once every two years. But of course, SC has its own identity and group of loyalists and followers, thus helping to strengthen its perceived value. Comparatively, the prices of $500 drivers from other brands like TM, callaway, Cleveland,etc would have fallen to probably the 290-390 range in that same time span.
It's always interesting to see what new toys are produced by brands like TM once every six months. But bear in mind, that same club in brand new condition will be worth 899 or 1199 in three months time instead of 1499 when it was first launched. And these price reductions will indirectly translate a perception to consumers that their clubs are not capable of holding its values if they intend to sell in the future. A point to consider: Golf direct is famous for its low prices. But how often do we see a Titleist or mizuno club appear on their monthly sales advert? It's always the same few brands.
As for brands like Miura, Epon, etc, I think it's all about quality and exclusivity. Hence, it's not surprising that a set of used wedges might sell for more than a set of brand new wedges from another oem. | |
| | | Derek Caddy
Posts : 2158 Join date : 2009-10-20
| Subject: Re: Depreciation of Golf Clubs Tue Dec 25, 2012 6:52 pm | |
| But even among TM clubs, I have noticed that some of their TP models seem to hold value fairly well.
Also, it appears that "players" clubs, especially muscle back blades, seem to hold value better than GI clubs across all brands. Has anyone else noticed this or is it just sampling error on my part?
I just find it strange that clubs which the majority of amateur golfers would struggle to use seem to have a higher resale value than their GI or SGI counterparts.
Not that I am complaining, having cheap, friendly and forgiving iron sets is a great way to grow the game.
| |
| | | BabyCroc Very Active Golfer
Posts : 749 Join date : 2009-12-17 Age : 41 Location : Anywhere!
| Subject: Re: Depreciation of Golf Clubs Tue Dec 25, 2012 9:00 pm | |
| - Derek wrote:
- But even among TM clubs, I have noticed that some of their TP models seem to hold value fairly well.
Also, it appears that "players" clubs, especially muscle back blades, seem to hold value better than GI clubs across all brands. Has anyone else noticed this or is it just sampling error on my part?
I just find it strange that clubs which the majority of amateur golfers would struggle to use seem to have a higher resale value than their GI or SGI counterparts.
Not that I am complaining, having cheap, friendly and forgiving iron sets is a great way to grow the game.
I might be wrong and stand to be corrected. But my take is that the value it holds is related to how frequent the brand churns out a new series or model of the clubs. It's kinda easier for the companies to churn out GI clubs claiming new technologies and designs that would improve distance /control/feel etc, as compared to claiming new technologies on players irons/blades where the design of the muscle back is pretty much standard and usually only has minor improvements or changes from its predecessor. Hence, where the mass market goes for GI clubs, this "new vs old" mentality usually has an effect on perception on what's worth more cos of more tech and research put into it. Simply put, most would pay lesser for something that's older or been ard for a while, and the quick release of an improved version would further aggravate the depreciation. That is why blades or players irons seldom depreciate as quickly, cos we seldom see new mb clubs coming from one company every 3 mths. | |
| | | slinger Hall of Fame Golfer
Posts : 5692 Join date : 2009-06-19 Age : 55 Location : Wild Wild West
| Subject: Re: Depreciation of Golf Clubs Tue Dec 25, 2012 9:38 pm | |
| - Derek wrote:
- But even among TM clubs, I have noticed that some of their TP models seem to hold value fairly well.
Also, it appears that "players" clubs, especially muscle back blades, seem to hold value better than GI clubs across all brands. Has anyone else noticed this or is it just sampling error on my part?
I just find it strange that clubs which the majority of amateur golfers would struggle to use seem to have a higher resale value than their GI or SGI counterparts.
Not that I am complaining, having cheap, friendly and forgiving iron sets is a great way to grow the game.
just tell your backside not to be so itchy...... dun be such a slut every thing settle liao.... | |
| | | audi Super Active Golfer
Posts : 1036 Join date : 2011-11-16 Age : 38 Location : jakarta
| Subject: Re: Depreciation of Golf Clubs Wed Dec 26, 2012 12:29 am | |
| the age and condition of the club are also important factors. old model with good condition will also have lesser value. same as new model but with many scratches all over, less value also. | |
| | | hkhamateur Incredibly Active Golfer
Posts : 3068 Join date : 2009-09-29 Age : 51 Location : North-East
| Subject: Re: Depreciation of Golf Clubs Wed Dec 26, 2012 8:51 am | |
| - BabyCroc wrote:
- Derek wrote:
- But even among TM clubs, I have noticed that some of their TP models seem to hold value fairly well.
Also, it appears that "players" clubs, especially muscle back blades, seem to hold value better than GI clubs across all brands. Has anyone else noticed this or is it just sampling error on my part?
I just find it strange that clubs which the majority of amateur golfers would struggle to use seem to have a higher resale value than their GI or SGI counterparts.
Not that I am complaining, having cheap, friendly and forgiving iron sets is a great way to grow the game.
I might be wrong and stand to be corrected. But my take is that the value it holds is related to how frequent the brand churns out a new series or model of the clubs. It's kinda easier for the companies to churn out GI clubs claiming new technologies and designs that would improve distance /control/feel etc, as compared to claiming new technologies on players irons/blades where the design of the muscle back is pretty much standard and usually only has minor improvements or changes from its predecessor. Hence, where the mass market goes for GI clubs, this "new vs old" mentality usually has an effect on perception on what's worth more cos of more tech and research put into it.
Simply put, most would pay lesser for something that's older or been ard for a while, and the quick release of an improved version would further aggravate the depreciation. That is why blades or players irons seldom depreciate as quickly, cos we seldom see new mb clubs coming from one company every 3 mths. Yeap...I noticed tat too. Same tot as per bro babycroc abv describes! | |
| | | hkhamateur Incredibly Active Golfer
Posts : 3068 Join date : 2009-09-29 Age : 51 Location : North-East
| Subject: Re: Depreciation of Golf Clubs Wed Dec 26, 2012 8:55 am | |
| - slinger wrote:
- Derek wrote:
- But even among TM clubs, I have noticed that some of their TP models seem to hold value fairly well.
Also, it appears that "players" clubs, especially muscle back blades, seem to hold value better than GI clubs across all brands. Has anyone else noticed this or is it just sampling error on my part?
I just find it strange that clubs which the majority of amateur golfers would struggle to use seem to have a higher resale value than their GI or SGI counterparts.
Not that I am complaining, having cheap, friendly and forgiving iron sets is a great way to grow the game.
just tell your backside not to be so itchy...... dun be such a slut
every thing settle liao....
Whahaha.... Cant disagree less. | |
| | | zakevich Junior Golfer
Posts : 148 Join date : 2010-08-19
| Subject: Re: Depreciation of Golf Clubs Wed Dec 26, 2012 12:13 pm | |
| - audi wrote:
- the age and condition of the club are also important factors. old model with good condition will also have lesser value. same as new model but with many scratches all over, less value also.
Use a block of 999 gold to mill a putter or forge a set of irons and your value will be tied to international market value. | |
| | | Technospaz Advisor
Posts : 15669 Join date : 2009-06-18 Age : 49 Location : Typically OOB
| Subject: Re: Depreciation of Golf Clubs Wed Dec 26, 2012 12:25 pm | |
| I think condition affects value a great deal. Putting aside brands, if your clubs are in crappy condition, it won't make a huge difference if they were launched a month ago.
I'm sometimes irked by golfers who don't use headcovers. It's painful to watch as the clubs ding each other, especially forged irons.
Many moons ago, I played a round with MC, Gman and S8. They gave me evil stares and a long lecture when I neglected to put my putter cover back on. Since then, I've realized the importance of taking good care of one's clubs. This is especially true for a golf slut like myself since I do sell my gear pretty often which means that condition is key. | |
| | | Sponsored content
| Subject: Re: Depreciation of Golf Clubs | |
| |
| | | | Depreciation of Golf Clubs | |
|
Similar topics | |
|
| Permissions in this forum: | You cannot reply to topics in this forum
| |
| |
| Highlights |
Total Donation till date to Autism Association (SG): S$46,285
|
Latest topics | » 2024 LPGA Surprises & Disappointments by tonyj5 Sat Aug 03, 2024 1:11 am
» I miss all of you! by Technospaz Wed Jul 10, 2024 3:33 pm
» Nelly Korda Dominating the LPGA Tour! by tonyj5 Mon Apr 08, 2024 12:42 pm
» My Top 40 LPGA Player of the Year Predictions for 2024 by tonyj5 Thu Feb 22, 2024 6:33 am
» 2024 LPGA Priority List by tonyj5 Sat Jan 13, 2024 1:55 am
» Summing Up the 2023 LPGA Season by tonyj5 Sat Nov 25, 2023 3:08 pm
» LPGA Surprises & Disappointments - 2023 by tonyj5 Thu Sep 28, 2023 1:59 pm
» So You Think You Know the LPGA? by tonyj5 Sat Jul 22, 2023 12:56 pm
» LPGA Reshuffles 2023 Priority List by tonyj5 Fri May 26, 2023 12:30 am
» My Top 40 LPGA Player of the Year Predictions for 2023 by tonyj5 Fri Feb 24, 2023 4:01 am
» 2023 LPGA Priority List by tonyj5 Thu Jan 19, 2023 2:30 pm
» 2022: A Year to Remember in Women's Golf by tonyj5 Thu Dec 08, 2022 12:18 am
» Newbie Group by Golfiekid Mon Oct 10, 2022 11:19 am
» NSRCC Member List by Golfiekid Mon Oct 10, 2022 11:15 am
» As the LPGA World Turns - September 2022 by tonyj5 Sat Sep 24, 2022 12:42 am
» LPGA Player Profile: Brooke Henderson by tonyj5 Sun Aug 21, 2022 2:35 am
» 2022 LPGA Mid Season Rookie Report Card by tonyj5 Fri Jul 22, 2022 12:43 pm
» LPGA Surprises & Disappointments 2022 by tonyj5 Sat Apr 16, 2022 12:32 am
» Are the 2022 LPGA Rookies the Best Ever? by tonyj5 Sat Feb 05, 2022 12:44 am
» 2022 LPGA Priority List by tonyj5 Fri Jan 21, 2022 12:39 am
» OCC term member by h71y6 Tue Jan 04, 2022 8:48 pm
» OCC MGK Whatsapp Group by h71y6 Tue Jan 04, 2022 8:47 pm
» my golf kaki - Whatsapp group chat by h71y6 Tue Jan 04, 2022 8:46 pm
» handicap 20 golfer, OCC weekday term member looking for games by h71y6 Tue Jan 04, 2022 8:43 pm
» 2021: The LPGA Comes Roaring Back! by tonyj5 Sat Nov 27, 2021 12:07 am
» LPGA Tour 2021 - Surprises & Disappointments by tonyj5 Sat Jul 31, 2021 2:05 pm
» As the LPGA World Turns - June 2021 by tonyj5 Wed Jun 16, 2021 12:35 pm
» 2021 U.S. Women's Open Preview by tonyj5 Tue Jun 01, 2021 2:19 pm
» Are the Kordas Golf's Best Sister Act Ever? by tonyj5 Wed Mar 03, 2021 3:36 am
» How Good are the 2021 LPGA Rookies? by tonyj5 Wed Feb 24, 2021 2:19 pm
» 2021 LPGA Priority List by tonyj5 Mon Jan 18, 2021 12:29 pm
» What range do you usually go? by iron eagle Fri Dec 11, 2020 3:26 pm
» Youtube videos by rkangrah Wed Dec 09, 2020 5:17 pm
» 2020 U.S. Women's Open Preview by tonyj5 Wed Dec 09, 2020 2:07 pm
» Rolex Rankings Movers of the Year by tonyj5 Sat Oct 17, 2020 1:30 pm
» Ten LPGA Tournaments are in the Books by tonyj5 Wed Sep 16, 2020 2:02 pm
» As the LPGA World Turns by tonyj5 Tue Aug 11, 2020 2:11 pm
» LPGA to Restart Season at Invernes Club! by tonyj5 Thu Jun 18, 2020 12:04 pm
» LPGA to Resume its Schedule in Ohio by tonyj5 Fri May 29, 2020 3:47 pm
» LPGA Player Profile: So Yeon Ryu by tonyj5 Thu Mar 26, 2020 9:35 am
» How Big an Impact Will the Coronavirus Have on the LPGA? by tonyj5 Mon Mar 23, 2020 3:48 pm
» New Seletar Golf Course by youming Tue Feb 18, 2020 11:27 pm
» Who Will Qualify for the 2020 Women's Olympic Golf Team? by tonyj5 Thu Jan 30, 2020 1:19 pm
» My Top 40 LPGA Player of the Year Predictions by tonyj5 Tue Jan 14, 2020 3:17 pm
» How Good are the 2020 LPGA Rookies? by tonyj5 Sat Jan 04, 2020 12:54 pm
|
|