Hot tubs have been around for decades, providing relaxation and fun for many households. As hot tubs age, the question arises whether older models still hold value or if they should be replaced with something new. There are a few factors to consider when determining if an old hot tub is still worth keeping or attempting to sell.
Page Contents
- 1 What impacts a hot tub’s value
- 2 How much are old hot tubs worth?
- 3 Should you keep or sell an old hot tub?
- 4 What repairs help older hot tubs hold value?
- 5 What upgrades help resale value of older hot tubs?
- 6 What maintenance helps maximize an old hot tub’s value?
- 7 How can you determine a fair asking price?
- 8 What are the options if it’s worthless or you can’t sell it?
- 9 Conclusion
What impacts a hot tub’s value
There are several key things that affect how much an older hot tub may be worth:
- Age – Older hot tubs generally have less value than newer models, although very old vintage hot tubs can sometimes be collectible.
- Condition – Hot tubs that have been well-maintained and are still in good working order hold more value.
- Brand – More well-known brands tend to retain value better.
- Features – More features like multiple jet types, lighting, entertainment systems, etc. can increase value.
- Materials – Wood, acrylic and other higher-end materials hold value better than vinyl and other lower cost materials.
- Customization – Custom or unique hot tubs tend to be worth more.
Hot tubs typically depreciate in value quickly and are not considered major assets that gain value over time. But the factors above impact how soon a hot tub becomes worthless or can no longer be sold for a reasonable return.
How much are old hot tubs worth?
It’s difficult to put an exact dollar amount on what older hot tubs are worth, as it depends on so many variables. However, here are some general guidelines on approximate worth based on age:
Hot Tub Age | Approximate Worth |
---|---|
Less than 5 years old | $3,000 – $8,000+ |
5-10 years old | $1,000 – $5,000 |
10-15 years old | $500 – $2,500 |
15-20 years old | $250 – $1,500 |
Over 20 years old | $0 – $1,000 |
Hot tubs that are less than 5 years old can still be worth thousands of dollars, while very old tubs over 20 years old may not be worth much at all, unless they are a collectible vintage model. The higher the quality, better condition, and more features the hot tub has, the more it can command even at older ages. But in general, value drops steadily as hot tubs age.
Should you keep or sell an old hot tub?
Deciding whether to keep an aging hot tub or try to sell it can be difficult. Here are a few factors to help consider if keeping or selling an old hot tub makes more sense:
Reasons to keep an old hot tub
- It still works fine and you enjoy using it regularly.
- Replacement cost is high for a comparable new tub.
- Yours is a high-end model that’s still in good shape.
- You’ve customized it and it suits your space.
- It has sentimental value for your family.
Reasons to sell an old hot tub
- It needs frequent repairs and maintenance costs are rising.
- Energy bills are becoming excessive for an old inefficient model.
- You’re no longer using it enough to justify costs/space.
- You want to redesign your backyard and need something different.
- Safety standards have changed and it lacks modern features.
Ideally, it makes sense to keep an older hot tub if it still adds value and enjoyment to your life. But if repairs, energy bills and other costs start outweighing the benefits, selling may be the wise choice.
What repairs help older hot tubs hold value?
Making some strategic repairs and upgrades can extend the life of an older hot tub and help it retain more value when selling. Recommended repairs include:
- Fixing leaks – Leaks are a major detractor from value and can lead to other problems.
- Replacing the cover – An old cover wastes energy. A new vinyl cover improves insulation.
- Reglazing surfaces – Chips and cracks in surfaces make tubs look worn and dated.
- Jet repairs – Broken jets don’t provide the hydrotherapy benefits buyers want.
- Pump replacement – Old inefficient pumps should be upgraded to newer energy saving models.
- Heater service – Ensure the heater is still operating at peak efficiency.
- Filter cleaning – Dirty filters lower water quality.
- Water care – Maintaining proper water chemistry prevents scale buildup and corrosion.
Targeting repairs that address wear and tear, energy efficiency, safety and overall functionality can potentially add years of life to a hot tub and recoup investment through a higher sale price.
What upgrades help resale value of older hot tubs?
Some upgrades that don’t cost too much can also boost resale value. Smart upgrades to consider include:
- New headrests and pillows – Better comfort increases appeal.
- LED light conversion – Color-changing LEDs are inexpensive and more efficient.
- Bluetooth audio – Streaming spa-side music from devices is a popular feature now.
- Ozone sanitation – Reduces chemical usage and provides cleaner water.
- Spa fragrances – Small things like new air fresheners enhance the experience.
- Child safety – Added locks, covers, alarms appeal to families.
- Steps/handrails – Improve accessibility and safety getting in and out.
Even minor upgrades like these can make an older hot tub look more updated. Combined with repairs, strategic upgrades deliver more value for money spent.
What maintenance helps maximize an old hot tub’s value?
Proper maintenance is key to extending the useful life of a hot tub and preserving resale value. Recommended regular maintenance includes:
- Cleaning filters
- Testing and adjusting water chemistry
- Changing water regularly
- Cleaning surfaces
- Treating wood cabinets
- Checking components
- Addressing leaks quickly
- Repairing cracks
- Replacing worn parts
A little preventative maintenance goes a long way. Hot tubs that have received thorough and regular maintenance generally last longer and command higher prices when it comes time to sell.
How can you determine a fair asking price?
Pricing an older hot tub for sale can be tricky. It helps to:
- Research asking prices for comparable models and ages in your area.
- Factor in the tub’s condition and any repairs/upgrades.
- Consider additional features beyond basics that may improve value.
- Get estimates for any repairs needed you have not addressed.
- Determine the original purchase price and depreciate appropriately from there.
- Weigh the sentimental value you place on it that others may not.
Aim for a price that balances realistic market value with the investment you have in your particular hot tub. Expect to negotiate some as well.
What are the options if it’s worthless or you can’t sell it?
If an old hot tub ends up having little sellable value, there are still options to dispose of it conveniently:
- Junk removal services – Many companies will remove and dispose of old hot tubs conveniently.
- Scrap metal recycling – The metal components may have some scrap value you can claim.
- Used goods donation – Some second-hand stores accept donations of old hot tubs.
- City bulk waste pickup – Your municipality may collect large items curbside on certain days.
- Sell for parts – Parting out working components that have value and scrapping the rest.
The good news is hot tubs, even those that are worthless to sell as a whole, can often still be disposed of at little to no cost to you as the owner.
Conclusion
Determining if an old hot tub has resale value requires weighing several variables – age, condition, brand, repairs required and more. In general, newer tubs hold the most value, while very old vintage tubs or custom models may also attract interest. Making minor upgrades and repairs can significantly boost value. But even hot tubs with little resale value can typically be removed at minimal hassle. Consider all these factors when deciding whether to try selling your old hot tub or disposing of it.