| Re: Life Expectancy of Tanning Beds and Depreciation
Life expectancy: for as long as you can still buy replacement parts for the bed.
Value/Depreciation: The used-bed market is saturated with as much nearly new equipment as it is with old beaters. "Value" of used equipment is whatever a lender would be willing to finance it for, which is probably twice as much as they could expect to sell it for when they have to repo it and sell it or release it. Looking at what most used equipment sells for in cash deals, you can expect to get 1/3 - 1/4 of what the bed (or closest comparable model) would sell for out of the box.
__________________ "A dusty bible leads to a dirty life ..." -Synonymous  |