Investor 路 Maggie Valley, NC 路 Member since 2020 路 284 posts 路 85 votes
3y
@Luke Carl That is the direction I am leaning for sure, but cannot help but think to myself: after the first guest uses it, isn't it technically used? After a couple of years, it for sure is.
Tampa, FL 路 Member since 2022 路 3k+ posts 路 3k+ votes
3y
Most of our hot tubs are built into pools here in FL, however some non pool homes have added hot tubs to have something. I think here in FL they are not huge selling points like they are in cabins, so maybe we could get away with a used one in good shape. If we were in a place where they are major selling factors, I would not recommend it unless like-new.
Investor 路 Maggie Valley, NC 路 Member since 2020 路 284 posts 路 85 votes
3y
@Ken Boone My market is not quite like Gatlinburg. Most houses are not STR's, but the homes of locals. So, many people have hot tubs they are selling simply because they are not using them. The one I found retails for 8400 new, is a 2019 version, and the seller wants 4700.
I would go used, but depends on the local market. I bought a turnkey STR that came with a hot tub, people rave about the hot tub (despite it being older)
Rental Property Investor 路 Northern NJ 路 Member since 2019 路 672 posts 路 677 votes
3y
Used, because I hate to burst your bubble for those who said new, it's only new for the first guests. I would not be concerned why someone's getting rid of it. They're like treadmills, we buy them thinking we'll use it all the time then get rid of it heavily discounted because we lied to ourselves and we never use it.
Funny as my best friend has an airbnb in Maggie Valley.
@Ken Boone My market is not quite like Gatlinburg. Most houses are not STR's, but the homes of locals. So, many people have hot tubs they are selling simply because they are not using them. The one I found retails for 8400 new, is a 2019 version, and the seller wants 4700.
I wouldn't be too concerned in that situation then, however, you can get a brand new Dr Wellness X-3 Spa that is a 6 seater with 51 jets brand new for $4699.. right up the road in Johnson City. Of course you have tax and shipping and setup to deal with.. But that is brand new with warranty.
Lender 路 Asheville, NC 路 Member since 2020 路 463 posts 路 507 votes
3y
@Kyler J Sloan, I'd only buy used after confirming that a local, reputable spa service company can service it. If they tell you they can't get parts, etc., I'd buy new instead. In your region, The Hot Tub Store in Waynesville is great. Their service manager, Travis, has answered my questions at 10:30 on a Friday night.
Investor 路 Member since 2022 路 1k+ posts 路 754 votes
3y
Buy new.
In an area like Maggie Valley, a hot tub is a main amenity. Guests day dream about sitting on your deck in that hot tub while they are on vacation. If it quits working, you鈥檙e loosing money. Always buy new for things like this, appliances, etc.
Investor 路 Maggie Valley, NC 路 Member since 2020 路 284 posts 路 85 votes
3y
I am almost certain to buy new now. Setting aside the impression it makes on your guests, there are some great warranties as @Michael Baum mentioned, which expire in about 5 years, at which point you can resell them for over half of the price you paid for them, and then reinvest that into the next tub.
It avoids the need for maintenance, eliminates time wasted searching for a good deal on FB marketplace, craigslist, etc., and puts you in a better position when it comes time to get rid of the tub, since it is still fairly new and capable of being resold. By contrast, a tub purchased used is likely going to the junk yard when you are done with it.
Property Manager 路 Orlando Kissimmee Davenport Salt Lake City, Park City 路 Member since 2019 路 991 posts 路 1k+ votes
3y
No idea where people are getting this weird notion that a used hot tub is something gross and it has to be new. There are hundreds of cabins that turn over to new owners every month in a place like Gatlinburg and every one of them keeps the hot tub from the prior owner and on one blinks an eye about it. It's not like they're throwing it out and buying a new one.
Heck, several of the people in this thread weirded out about a used hot tub are probably using a used on that came with the home in their rental.
Investor 路 Manteca, CA 路 Member since 2017 路 1k+ posts 路 2k+ votes
3y
Would you rather buy a brand new car or a lightly used one in good shape?
Do YOU want to eat the depreciation or let someone else do it?
Are you ok with it possibly needing servicing? Or do you want to pay hundreds/thousands for a warranty?
Sure...if you buy some old beat up nasty one, your guest will be turned off.... if you buy a nicer used one, they wont even know..... its only "brand new" for the first guest