Reels Depreciating in value

[BoatSquirrel]

38 minutes ago, JediAmoeba said:

I am just trying to drum up some funds to get my canoe fixed

Have you gotten any idea what it will cost to repair or replace it?

 

[A-Jay]

1 hour ago, JediAmoeba said:

The only offers I have received on FB marketplace were for 125 and 150... I will just throw them in a box in the attic for that price 

That's a very interesting financial decision. 

Perhaps consider selling them for the $125 or $150, and place the money in a box in the attic.

Because unlike the cold hard cash you could get for them, whatever it may be, the longer the reels are up there, the Less they are worth. 

Good Luck

A-Jay

 

[JediAmoeba]

49 minutes ago, BoatSquirrel said:

Have you gotten any idea what it will cost to repair or replace it?

 

Around 400 bucks.  

[jbsoonerfan]

28 minutes ago, JediAmoeba said:

Around 400 bucks.  

You must not want the canoe fixed very bad since you post on the tackle purchase thread so much. LOL

[Bluebasser86]

I sold my E series Curados for about what I paid for them, even as used as they were. I've got some Pflueger Supreme XT casting reels that in very nice shape I've tried to sell a couple times for half price that get no interest, and that's one of their higher end reels. You have to decide to either eat the loss or go ahead and fish the reels. I'll keep fishing mine unless I see someone looking for them.

[Ogandrews]

It might just be me but I really don’t like the idea of buying reels that are just rebranded and repainted. I have never gotten a lemon reel from Shimano in all of the reels I have bought from them, and the longevity of their higher end reels is incredible. I have used lews reels that I like, but never better than a Shimano in the same price point. One thing I will say about lews that I really like is that they have amazing customer service, a lot better than Shimano. Never used any Diawa casting reels but I know it is a similar story with them. They actually develop and produce their own reels and you can tell. I know all of the companies have their dedicated fans, but I have no reason to get anything but Shimano and I know I am getting a quality product.

[JediAmoeba]

26 minutes ago, jbsoonerfan said:

You must not want the canoe fixed very bad since you post on the tackle purchase thread so much. LOL

I was given a bunch of gift cards/certificates and had money in my paypal account for tackle.  I spent it all.  Lol

[WRB]

About 20 years ago Abu started using Korean and Chinese parts with some assembly in Sweden, made in Sweden and round reels was their legacy that no longer exists.

After COVID 19 made in China will be taboo, sell now.

Tom

[crypt]

13 hours ago, detroit1 said:

I have never even thought of resale value...I buy what meets my needs and fish them until they're done.   ?

this,I'm not buying a car.................

[NYWayfarer]

I personally don't care about resale value. I have never bought a used reel or sold one of my old ones. I usually give them away to family and friends with kids. I keep my old semi-retired favorites.

 

It's no secret I like Lew's. Most all the reels in my rotation for the last two years have been Lew's. I have not had any issues with them. My Tournament MB, LFS and Mach II spinning reels have seen extensive use. They are workhorse reels that can't be beat in my opinion.

[CrankFate]

16 hours ago, detroit1 said:

I have never even thought of resale value...I buy what meets my needs and fish them until they're done.   ?

^This.

 

If anything, wait a year after it comes out and buy it when the price goes down. I dread resale value. For me, resale value means this reel stinks so bad that I dont even want it packed away in storage.

[JediAmoeba]

42 minutes ago, NYWayfarer said:

I personally don't care about resale value. I have never bought a used reel or sold one of my old ones. I usually give them away to family and friends with kids. I keep my old semi-retired favorites.

 

It's no secret I like Lew's. Most all the reels in my rotation for the last two years have been Lew's. I have not had any issues with them. My Tournament MB, LFS and Mach II spinning reels have seen extensive use. They are workhorse reels that can't be beat in my opinion.

I never cared until I got these crappy Lews reels and a few Abus.  I believed all the hype I read when I needed to replace a bunch of my reels that were stolen... I didn't care for them - Now, no one wants them.  

 

[NYWayfarer]

2 minutes ago, JediAmoeba said:

I never cared until I got these crappy Lews reels and a few Abus.  I believed all the hype I read when I needed to replace a bunch of my reels that were stolen... I didn't care for them - Now, no one wants them.  

 

Do you mind letting us know which Lew's reels you have that are "crappy" and how much were you asking for them?

[JediAmoeba]

13 minutes ago, NYWayfarer said:

Do you mind letting us know which Lew's reels you have that are "crappy" and how much were you asking for them?

Laser MG, Laser Pro, Super Duty Wide Spool.  I had a Mach Crush but that one suffered a lawn mower accident.  To be fair, the laser mg was on the cheaper side - 70 but it is the most finicky reel I have ever used.  In comparison I have a Daiwa Laguna that is cheap but still fantastic for what I paid - 50 bucks.  

 

The Super Duty wide spool is nowhere near as good for me as my similarly priced Daiwa Lexa's.  Maybe it's just a preference or style thing but none of the Lews have worked out for me.

 

 

 

[evo2s197]

23 minutes ago, JediAmoeba said:

Laser MG, Laser Pro, Super Duty Wide Spool.  I had a Mach Crush but that one suffered a lawn mower accident.  To be fair, the laser mg was on the cheaper side - 70 but it is the most finicky reel I have ever used.  In comparison I have a Daiwa Laguna that is cheap but still fantastic for what I paid - 50 bucks.  

 

The Super Duty wide spool is nowhere near as good for me as my similarly priced Daiwa Lexa's.  Maybe it's just a preference or style thing but none of the Lews have worked out for me.

 

 

 

I noticed the same with lews, I took a 6 year hiatus from bass fishing and owned nothing but Daiwa, so when I got back into it, I tried Lews because supposedly they were the latest and greatest, bought ten of the BB1 Pro baitcaster, 6 of the ten had one issue or another, I actually sent them all back to tacklewarehouse and they gave me a nice credit after 1 month of use.

 

When I got back into this sport YouTube was new as far as people all over it pushing different fishing products, Lews cam up all the time so I tried them out instead of trusting my gut.

 

Back to daiwa for me, never one issue other than always wanting more of them

[NYWayfarer]

23 minutes ago, JediAmoeba said:

Laser MG, Laser Pro, Super Duty Wide Spool.  I had a Mach Crush but that one suffered a lawn mower accident.  To be fair, the laser mg was on the cheaper side - 70 but it is the most finicky reel I have ever used.  In comparison I have a Daiwa Laguna that is cheap but still fantastic for what I paid - 50 bucks.  

 

The Super Duty wide spool is nowhere near as good for me as my similarly priced Daiwa Lexa's.  Maybe it's just a preference or style thing but none of the Lews have worked out for me.

 

 

 

I am not a fan of the Laser MG or the Laser Pro (Bass Pro reel) to be honest. For MSRP of $79.99 MG and $99.99 Pro I would have bit the bullet and bought an LFS. I would not expect to get anywhere near HALF of what I would have paid for these entry level reels selling them used.

 

Even an LFS can be had from time to time on Ebay for $70 so selling a used one for close to $70 is an exercise in heartbreak.

 

I can't speak on the Superduty as I do not own one.

[Teal]

I've had a super duty when they first came out, if it was priced at 120, it's where it should be.  There just wasnt anything about it to me that screamed heavy duty other than a big spool.  Lexa and curado out class it far and away.  I traded mine straight up for a used  lews tourney pro.  

[WRB]

Short history lesson. My working career started in the 60's during a time when unions were dominate in USA manufacturing. It was also a time the world was rebuilding following WW2 and we were leading that rebuild offering our newest technologies in manufacturing CNC machining. The US unions fought CNC believing numerical controls would replace manual operated machines. We went to Japan and Germany offering thier industries using state of the art CNC, no unions so they welcomed our technology. South Korea was next to be offered CNC while our manufacturing companies were handcuffed.

It didn't take long for auto's and home appliances that competed with old manual made products to loose markets share. Today your household appliance and furniture is made off shore, cars and car parts are made off shore, using automated CNC manchines made off shore. 

Fishing reels are made off shore because we forced our manufacturing off shore along with the skill sets to build parts.

We now see the light for the moment and trying to recuperate our mistakes. Don't expect recreational products or house hold products to return to made in America any time soon. Parts have become a disposable, buy new through away the old instead of repairing it. So what is resale value today? Products that can be repaired are a small market.

Tom

[J Francho]

Resale is the last thing on my mind when buying a reel.  If it works, I keep using it.  Some of my reels are 20 years old now.  I don't think I've actually "worn out" any of them.

[JediAmoeba]

12 minutes ago, Teal said:

I've had a super duty when they first came out, if it was priced at 120

The super duty wide spool retails for 200.  One of the few reels I have that I paid retail for out of a brick and mortar store.  

[Teal]

3 minutes ago, JediAmoeba said:

The super duty wide spool retails for 200.  One of the few reels I have that I paid retail for out of a brick and mortar store.  

When I got mine I paid 180 for it.  Not worth it.   

[Jaderose]

20 hours ago, A-Jay said:

  My thoughts are ~

The best way for any piece of equipment to 'holds it value', is to provide me long, dependable, high quality service.

Additionally, it must be able to endure the repeated dis-assembly/re-assembly that is required by routine maintenance/service. 

As an extra bonus, it's always nice when a manufacturer continues to carry and make available, parts for the reel long after it's born on date. 

After I've purchased anything (including a reel) and used it for any length of time, if I choose to sell it,

I never expect to recover anything close to MSRP $$. 

I have purchased a few 'pre-owned reels' over the years, many right from the BR flea market forum.

I'm still using several of them to this day.

I knew what I was getting and paid less than 50% of MSRP, regardless of how 'new' they were.

If I need to shell out more than that, I'll buy a new one with a warranty. 

That's just me. 

YMMV

A-Jay

 

 

Can't say it any better than this

[Ogandrews]

6 hours ago, JediAmoeba said:

I had a Mach Crush but that one suffered a lawn mower accident.

 

I want to hear the story, laughed pretty hard just reading this sentence.

[mcipinkie]

I figure it this way:  If you are investing for the future, don't buy fishing tackle !!

[.ghoti.]

2 hours ago, BaitFinesse said:

Well there is one benefit to plastic reels.  They probably chop up pretty nice and don't damage your mower blade as bad as a hunk of aluminum.

Never thought of old reels as a source of mulch.