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Forum > Quilters' Corner > Just Curious, how much should you get on a trade in. ( Moderated by Sharon1952)

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Just Curious, how much should you get on a trade in.
Is a trade in worth it?
Peace36love
Peace36love
Advanced Beginner
Georgia USA
Member since 11/18/12
Posts: 46
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Date: 1/27/13 5:46 AM

I often hear people trade in their model for another machine. What's the average percentage you get for a trade in. If you have all the feet and things with it. Does anybody know how to base it.

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Juki F-600
Juki TL2000QI
Viking Emerald 116
Give Thanks for all things, even the bad stuff, because they become you Greatest Teachers...

labeelady

labeelady  Friend of PR
Advanced Beginner
Louisiana USA
Member since 11/14/09
Posts: 245
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Date: 1/27/13 5:58 AM

First you have to find a dealer that takes trade-ins. Most of the dealers, if not all, around here, don't take trade-ins, with maybe the exception of Babylock or Bernina. The shops I've been to don't have a lot of space for used machines.

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Pat H.
Carencro LA
Kenmore Zigzag, circa 1970's
Brother PE-770
Janome Jem Platinum 760
Singer 221 (1948)
Singer 413
Singer SEQS-6000 (Quartet)
Janome Horizon 8900 QCP

Sharon1952
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Sharon1952  Friend of PR
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Massachusetts USA
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Date: 1/27/13 8:44 AM

I have had better luck selling mine on PR. The local sewing machine shop only carries Janome and a few used machines, he won't take trade ins unless they are fairly new and big name brand.

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Sewing: A creative mess is better than tidy idleness. ~Author Unknown

Cat n Bull
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Cat n Bull  Friend of PR
North Carolina USA
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Date: 1/27/13 9:10 AM

I am so bad when I trade in my machines, I am usually so focused on the new machine I am getting I hardly notice what I am getting for the old one!

My dealer always takes trade ins, especially if you bought the machine from him in the first place.

I have never traded just a machine for a machine. I have always gotten other stuff as well. One time it was a Horn table and a serger, one time it was the machine and the newest software, so between all the stuff I end up taking home, I can't remember what I paid for each!

My husband is usually the one that talks $$ with the guy, I am too goo goo eyed over my newest stuff!

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Cathryn

Sew Nanny
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Sew Nanny  Friend of PR
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USA
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Date: 1/27/13 9:38 AM

When my dealer takes trades, she bases the trade on the MSRP of the new machine. This makes it look like you're getting more money for your machine because the prices are elevated on both ends. It's just a numbers game like trading cars. I always just like to know what the difference is that I'll owe. Then I subtract that amount from my dealer's normal discounted price to get the "real" amount they are allowing me for my machine. In my experience, you always come out better selling your machine and then just buying the new machine you want. I've had great luck selling my machines on eBay.

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Patricia
Bernina B780E ~ Bernina B380 ~ Juki MO-735
Bernina DesignerPlus 7

"It is better to light a candle than curse the darkness." Eleanor Roosevelt

Mufffet
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Mufffet  Friend of PR
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Vermont USA
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In reply to Peace36love <<


Date: 1/27/13 10:28 AM

When I was going to trade "up" with my first Viking, I did the math and then asked the dealer how much she would take in cash withOUT the trade and did that math, and I got much more by buying the new machine outright and selling my first Viking myself. I would have lost so much of what I paid for that machine. GGrrr....no, you don't get a good deal with a trade.. Now, I have heard of dealers who give you the full value you paid on that first machine if you trade up in a year to a much more expensive model. But I do not personally know any of those dealers. Good luck! :)

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"Be kind whenever possible. It is always possible."
--Dalai Lama

I have sewing machines

Doris W. in TN
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Doris W. in TN  Friend of PR
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Date: 1/27/13 10:39 AM

The one time I traded in a 2 or 3 year old machine, I got around one-third of what I paid for it as my trade-in allowance. (I think there is or was a "blue book" on this, but don't quote me. ) I learned to never trade-in again. Besides, one always needs a back-up machine.

Cat n Bull
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In reply to Mufffet <<
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Date: 1/27/13 10:40 AM

My dealer gave me full price that I paid for one of my machines that was more than a year old, and I got a SWEET Horn table!

The table was the floor sample, I didn't care I put it in the Suburban and took it home that day. I also got a serger AND another sewing machine that day. I can't for the LIFE of me remember which machine I got then!

I KNOW my dealer charges more for machines than what I could find on the internet, but the extras that come with buying machines from him are worth it to me!

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Cathryn

Mufffet
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In reply to Cat n Bull <<
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Date: 1/27/13 11:01 AM

Sounds like you have a terrific dealer!!! WOW....love hearing that!

------
"Be kind whenever possible. It is always possible."
--Dalai Lama

I have sewing machines

Cat n Bull
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North Carolina USA
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In reply to Mufffet <<


Date: 1/27/13 11:18 AM

He is great Muffet, despite the high prices.

Last time I took my machine in to be fixed, he did it free! I had JUST taken it in for service ,the timing was off. It was a little over a month later and the thread cutter broke. I was REALLY upset about it, and hubby told him I was upset. The screw holding the thread cutter had come out, so naturally it didn't sew perfectly with the thread cutter rattling around in there. He could have charged me for the fix, but he didn't!

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Cathryn

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