sunseeker said...
Is it better to hold onto kites for 2 years? I think if you can stagger so that you're only getting a new one each year would be better for cash flow. About $1000 per year is my budget and I'm way over that with my current strategy.
I think it depends on how good a price you can negotiate on new gear. If you have are a repeat customer each year and buy 2 or 3 kites you should be able to negotiate a good discount.
Imagine having a customer who spends $3K or more a year gaurenteed each year for as long as they can kite- wouldn't you offer a good discount?
If you can try and and limit your loss to about $500 or $600 a kite, thats a cost of $1200 a year (
or less) on 2 kites AND you have new gear each year.
Also sell up early, for example, I have an 10m and 12m and sell my 10 around this time of the year as my 12m will be adequate for the winter - that way you get a better price than waiting until Sept / Oct when the 09 models come out.
That just my 2 cents worth and it seems to work ok for me.