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Main Boards => PowWow => Topic started by: Chester Thompson on February 22, 2013, 05:15:00 PM

Title: Boywers with trade in/payment plans
Post by: Chester Thompson on February 22, 2013, 05:15:00 PM
I remember from several years ago one the bowyers here offered a trade in and payment plan. I have found the post that I was looking for and I have contacted that bowyer to see if it was still an option, but is there anybody that you know off currently doing something like that? It seems like it is easier for me to do monthly payments rather then a large lump sum. I know there is some risk involved, but I thought that I would check.

Thank you,
Chester
Title: Re: Boywers with trade in/payment plans
Post by: Sixby on February 22, 2013, 06:32:00 PM
I don't mind doing that as long as the bow is paid for before delivery. Its kind of hard to repo a bow that is clear across the USA or in Canada. When I have half down I will start the bow. As to trades , That depends on what the trade is. I love to trade , kind of in the blood , but it has to be something I like and fair for a fair and real instant sell kind of value.  


God bless you all, Steve
Title: Re: Boywers with trade in/payment plans
Post by: Chester Thompson on February 22, 2013, 06:36:00 PM
Thanks that is kind of what I was assuming.
Title: Re: Boywers with trade in/payment plans
Post by: Sirius Black on February 22, 2013, 06:52:00 PM
RER will take trade-ins, but only on their own bows (RER for a RER).
Title: Re: Boywers with trade in/payment plans
Post by: Rusty Izatt on February 22, 2013, 08:03:00 PM
Robertson Stykbows has a payment plan if you have a credit card.

Rusty
Title: Re: Boywers with trade in/payment plans
Post by: S.C. Hunter on February 22, 2013, 08:05:00 PM
QuoteOriginally posted by Rusty Izatt:
Robertson Stykbows has a payment plan if you have a credit card.

Rusty
This^^^ I just bought a bow and saw this on their website.
Title: Re: Boywers with trade in/payment plans
Post by: Zradix on February 22, 2013, 08:18:00 PM
Many bowers have quite a long wait and only ask for $100 or so to get on the list.

So you might have 10 months to save for a bow while it's being built.

Kind of a built in payment plan really.
Title: Re: Boywers with trade in/payment plans
Post by: The Whittler on February 22, 2013, 08:49:00 PM
If I can't put the money away to save for one. How am I going to make payments. That's how I buy my bows, unless I sell something.
Title: Re: Boywers with trade in/payment plans
Post by: jax on February 22, 2013, 09:37:00 PM
Why don't you just decide what you want to lay and then save that amount each month unti  the bow is paid for?
Title: Re: Boywers with trade in/payment plans
Post by: Holm-Made on February 22, 2013, 11:10:00 PM
I've done payments several times for guys.  It all seems to work out in the long run.
Title: Re: Boywers with trade in/payment plans
Post by: Chester Thompson on February 23, 2013, 01:18:00 AM
Thanks for the responses.
Title: Re: Boywers with trade in/payment plans
Post by: barebow17 on February 23, 2013, 05:59:00 AM
Jim at BlackCreek
Title: Re: Boywers with trade in/payment plans
Post by: ishoot4thrills on February 23, 2013, 06:53:00 AM
QuoteOriginally posted by jax:
Why don't you just decide what you want to lay and then save that amount each month unti  the bow is paid for?
Ha ha, that's easier said than done.

At my house, if I save up for anything, it always ends up going for something else that's needed more than a bow!(auto repairs, water heaters, trips to the vet, etc.) I suspect that happens to most people that want to make payments for something instead of just saving up for it or there would be no need for credit for anything!   :banghead:
Title: Re: Boywers with trade in/payment plans
Post by: Chester Thompson on February 23, 2013, 08:19:00 AM
QuoteOriginally posted by ishoot4thrills:
 
QuoteOriginally posted by jax:
Why don't you just decide what you want to lay and then save that amount each month unti  the bow is paid for?
Ha ha, that's easier said than done.

At my house, if I save up for anything, it always ends up going for something else that's needed more than a bow!(auto repairs, water heaters, trips to the vet, etc.) I suspect that happens to most people that want to make payments for something instead of just saving up for it or there would be no need for credit for anything!    :banghead:  [/b]
Thanks said it better then I would have said it. Why does it matter why I was asking, I just was and even before I asked I pretty much knew the answer, it is generally to much work for the bowyer to collect the promised money.
Title: Re: Boywers with trade in/payment plans
Post by: Chester Thompson on February 23, 2013, 08:21:00 AM
QuoteOriginally posted by barebow17:
Jim at BlackCreek
He was the one that I remember offering the deal, and he's e-mail reply was not any more, to much work to get payments.
Title: Re: Boywers with trade in/payment plans
Post by: Danny Rowan on February 23, 2013, 08:39:00 AM
Like stated, most bowyers have a bit of a waiting list so once you make the downpayment to get on the list, just send some on a monthly basis while waiting for the bow to get started, that way it is paid for by the time it is built. I have done that a few times, Blacktail, Schafer to name a couple.
Title: Re: Boywers with trade in/payment plans
Post by: Marc B. on February 23, 2013, 08:57:00 AM
QuoteOriginally posted by Danny Rowan:
Like stated, most bowyers have a bit of a waiting list so once you make the downpayment to get on the list, just send some on a monthly basis while waiting for the bow to get started, that way it is paid for by the time it is built. I have done that a few times, Blacktail, Schafer to name a couple.
Done that myself, just got a Big Jim I did in 3 payments.
Title: Re: Boywers with trade in/payment plans
Post by: Chuck Jones on February 23, 2013, 10:09:00 AM
The first bow I purchased was a 35# blue fiberglass model with a right and left shelf. I was 10 years old, and saved money from my paper route, yard mowing, bottle returns, and found golf ball sales. When I finally got enough money to buy the bow; it was more satisfying than any bow purchase since. I still have that bow, almost 50 years later.

I keep a separate passbook savings account and put any "extra" money that comes along into it. Actually having the money when it comes time to buy something makes me even more careful that I get a good deal, and buy the best.
Title: Re: Boywers with trade in/payment plans
Post by: German Dog on February 23, 2013, 01:06:00 PM
Most people get paid every 2 weeks. Get an envelope and write "Bow / hunting stuff" on it. Every paycheck pull $30 cash and put it in envelope and  make a mark on the evelope for each payckeck you add the $30. At the end of the year you'll have enough to buy almost any custom bow.

I know everyone has different responsibilities and different income but that is about the easiest way to save.  If it came down to being short on cash and you absolutly had to pull money out of it you'd really think hard about it knowing you are taking it directly from your bow account and that it will just set you back farther.  We not only do envelop system for our "toys" but also do it for non every month stuff like horse hay, gifts, camping/vacation trips, propane for winter heat, and so on.
Title: Re: Boywers with trade in/payment plans
Post by: Burnsie on February 23, 2013, 02:20:00 PM
QuoteOriginally posted by Danny Rowan:
Like stated, most bowyers have a bit of a waiting list so once you make the downpayment to get on the list, just send some on a monthly basis while waiting for the bow to get started, that way it is paid for by the time it is built. I have done that a few times, Blacktail, Schafer to name a couple.
X2,  I most generally use the bowers wait time as my payment plan.  I give him a down payment and then divide the balance up by the number of months the wait is estimated to be and then just send him payments.  Works great for me on bows with long wait times,  that's why I don't mind ordering a bow from a reputable bowyer with a long wait time.  I have several bows on the rack I can use while I wait, so I never get into the whole "gotta have now" thing.
Title: Re: Boywers with trade in/payment plans
Post by: JRY309 on February 23, 2013, 04:26:00 PM
What I did with my Zipper,I put the down payment down and put back some each month and had all the money when the bow was done.Did the same thing with my Fox longbow a few years ago.
Title: Re: Boywers with trade in/payment plans
Post by: 7 Lakes on February 23, 2013, 09:35:00 PM
I like to trade but you can do better on your own.  Remember I have to trade for about 50% of retail.  Mostly because bows that actually sell, sell for 30% less than what everyone thinks they are worth.  The classifieds section would only be a page long if bows were selling for what they are "worth".  Prices seem fair but the bows aren't selling.  

I'll do payments but in all fairness to you, if you don't have the disposable cash it's really not time to buy a bow.  I don't want to be in the middle of a job loss where a customer has to decide to give up a deposit on a bow or pay a mortgage.
Title: Re: Boywers with trade in/payment plans
Post by: Roadkill on February 23, 2013, 11:33:00 PM
South has a Bobcat that has a trade up limb policy.  It is a uouth, ladies bow.  He had an ad with this ladt edition of trad bowhtr
Title: Re: Boywers with trade in/payment plans
Post by: jax on February 23, 2013, 11:47:00 PM
If you need other things more than a bow te you shouldn't buy the bow. Guess who gets shorted when you can't ake the payments? The bowyer. That is wat iswrongwith this country now . We borrow what we can't pay for. Jmo
Title: Re: Boywers with trade in/payment plans
Post by: Gator1 on February 24, 2013, 12:05:00 AM
I know bowlers will take installments just have them start the bow when it's paid in full

I can see a hassle if someone has made payments then changed there mind

I don't see possibly getting a bow up front and financing however
Title: Re: Boywers with trade in/payment plans
Post by: LongStick64 on February 24, 2013, 07:55:00 AM
Bow values have really dropped, I couldn't sell a mint condition bow at half the retail price, ridiculous. I pulled it back off because I'd rather it stay on my rack and shoot it once and a while than hand it away. So if you are asking a bowyer to take back a used bow and hand you a new one, he is probably not going to make anything worth his efforts to sell.
I was in the market for a new bow, I ended up selling a special bow I had and another at below market value to have the money to buy something new.
Title: Re: Boywers with trade in/payment plans
Post by: stabow on February 24, 2013, 02:15:00 PM
I bought a few bows off the classified on the payment plan all you need to do is ask..... :)
Title: Re: Boywers with trade in/payment plans
Post by: Chester Thompson on February 25, 2013, 09:22:00 AM
Thanks everybody. I knew that it would be a risk for the bowyer, but I thought that I would see. I would be looking for a bow in stock from somebody as my current bow is way to heavy for me to shoot, it hurts my shoulder, so that is why I was asking about a payment plan.
Title: Re: Boywers with trade in/payment plans
Post by: petalumapete on February 25, 2013, 11:26:00 AM
I don't think I would ask a bowyer to take payments or expect him to. Just bad business. There are to many buyers with cash for him to want to mess with it.

From the bowyer's end of it, he is in the business to make bows not keep track of how much money customers have paid on account. What if something happens. The buyer has money problems and can't finish paying for the bow. Is the bowyer the responsible to return the money? Even if he has not started on the bow he has probably bought wood, carbon, what ever getting ready to start. He has scheduled and is counting that bow in his production.
If he doesn't return the money  the slighted client would be on forums like this bashing his business. Not good!


It seems to me taking payments would open a can of worms. If ya can't afford a custom bow buy an off the rack or used bow. Lots of good ones out there.
Title: Re: Boywers with trade in/payment plans
Post by: Chester Thompson on February 25, 2013, 12:32:00 PM
QuoteOriginally posted by petalumapete:
I don't think I would ask a bowyer to take payments or expect him to. Just bad business. There are to many buyers with cash for him to want to mess with it.
The question that I asked was if any of them did already. I would not call a person and ask the to take payments, but if they already did then it would be somebody that I could look at. In face the one that I was thinking of stopped doing this as it was to much of a hassle.

Edited this, the first reply was sounded rude when I reread it. What I was trying to say was I would not expect one to that did not do it already. I am sorry if anybody read it and thought that it was rude.

Chester
Title: Re: Boywers with trade in/payment plans
Post by: justracey on February 25, 2013, 01:23:00 PM
Chester we do that all the time for our customers !!!
Title: Re: Boywers with trade in/payment plans
Post by: Burnsie on February 25, 2013, 01:53:00 PM
QuoteOriginally posted by petalumapete:
I don't think I would ask a bowyer to take payments or expect him to. Just bad business. There are to many buyers with cash for him to want to mess with it.

From the bowyer's end of it, he is in the business to make bows not keep track of how much money customers have paid on account. What if something happens. The buyer has money problems and can't finish paying for the bow. Is the bowyer the responsible to return the money? Even if he has not started on the bow he has probably bought wood, carbon, what ever getting ready to start. He has scheduled and is counting that bow in his production.
If he doesn't return the money  the slighted client would be on forums like this bashing his business. Not good!


It seems to me taking payments would open a can of worms. If ya can't afford a custom bow buy an off the rack or used bow. Lots of good ones out there.
I wouldn't expect to get a bow in hand, and then make payments and basically have the bowyer be my bank (I commend bowyers that will do that).  But sending in payments until you have it paid for before the bowyer starts the bow seems reasonable to me. The bowyer defintely needs to puchase material ahead of time, and thats what an appropriate intial down payment is for. On the other side, I'm not sending a bowyer the full amount up front and then wait sometimes 12-18 months either.(note: I've never dealt with a bowyer that has asked for that)- a lot of "life stuff" can happen to a bowyer in the course of 12-18, just like it can the buyer. Seems boths sides need to assume roughly equal amounts of risk.
Title: Re: Boywers with trade in/payment plans
Post by: BigJim on February 25, 2013, 02:03:00 PM
We take trades daily. Our deposit requirement is only $100 and a trade can suffice as a deposit.
It is also acceptable to send in payments while you wait for you bow to be built.

If when your name comes up, you aren't ready, we will happily move you down the list until you are.

thanks, bigjim
Title: Re: Boywers with trade in/payment plans
Post by: petalumapete on February 25, 2013, 02:07:00 PM
I agree.
I wouldn't send in the total amount  if asked. It would send off warning flag's to me.
I commend the bowyer's who are willing to take payments. I think it's great. In my pea brain it would be just to much paper work to keep tract of it.
For myself, I've ordered two custom bows so far. I send the deposit. Then the balance when the bows ready to ship. I like to keep things simple.
Title: Re: Boywers with trade in/payment plans
Post by: Wheels2 on March 05, 2013, 03:06:00 PM
I know Fedora does a payment option.  On a bow that is in stock, he will hold it and take so much a month on the balance.
Title: Re: Boywers with trade in/payment plans
Post by: SlowBowinMO on March 05, 2013, 03:33:00 PM
We understand that bow preference is a very unique and individual thing.  As a result buying a bow on line you've not had first hand experience with previously can be troubling.  For this reason we offer "Buy it try it" on our in stock bows.  Buy a new Firefly and if you decide it's not "your" bow within 14 days, simply return it in new saleable condition and receive a full refund, no questions asked.  You're only out the shipping charges.   :thumbsup:  

But I will add, the Firefly is so good we've never had a bow returned on our "Buy it try it" plan.   :archer2:

Additionally, if you have "Bill Me Later" on your Paypal account, you can use that feature to purchase a Firefly Bow and make payments as you like.
Title: Re: Boywers with trade in/payment plans
Post by: Keefer on March 05, 2013, 03:41:00 PM
You cann't top Lee Hoots payment plan!
He will build the bow ,send pics as he builds it,see if you are satisfied,make corrections if any and then ask for payment before it's sent out... My case I kept wanting to atleast sent something but he insisted not to..I finally just sent it just before he was done just to get the cash from burning a hole in my drawers where I kept it...
 "No my dresser drawer" not my under drawers!  :rolleyes:
Title: Re: Boywers with trade in/payment plans
Post by: Over&Under on March 05, 2013, 04:00:00 PM
QuoteOriginally posted by Braveheart Archery:
We understand that bow preference is a very unique and individual thing.  As a result buying a bow on line you've not had first hand experience with previously can be troubling.  For this reason we offer "Buy it try it" on our in stock bows.  Buy a new Firefly and if you decide it's not "your" bow within 14 days, simply return it in new saleable condition and receive a full refund, no questions asked.  You're only out the shipping charges.    :thumbsup:    

But I will add, the Firefly is so good we've never had a bow returned on our "Buy it try it" plan.    :archer2:  

Additionally, if you have "Bill Me Later" on your Paypal account, you can use that feature to purchase a Firefly Bow and make payments as you like.
You just can't beat those options, and Firefly bows are extremely nice shooters!
Title: Re: Boywers with trade in/payment plans
Post by: on March 06, 2013, 05:47:00 AM
QuoteOriginally posted by ishoot4thrills:
At my house, if I save up for anything, it always ends up going for something else that's needed more than a bow!(auto repairs, water heaters, trips to the vet, etc.) I suspect that happens to most people that want to make payments for something instead of just saving up for it or there would be no need for credit for anything!    :banghead:  
This is not a jab, just a question.  So if you are making payments on a bow (instead of just saving for one), and the hot water heater or the car takes a crap, then what?
Title: Re: Boywers with trade in/payment plans
Post by: McDave on March 06, 2013, 12:14:00 PM
I think that if I were in that business, I would be happy to hold payments for my customers until their names came up on the waiting list.  I would go ahead and buy the materials, and still be willing to refund the money if the customer changed his mind before I started the bow, because I could use the material on another bow. Many times I have discussed wood with a bowyer, and have asked him, "What do you have that you think would look good for my bow?"  And I have always been pleasantly surprised, because his reputation is on the line when he recommends something.  I would not offer financing after I shipped a bow, because that is a whole 'nuther business.  Just because someone is an expert bowyer doesn't mean that he is an expert banker (whether bankers are expert bankers is a whole different subject, given their credit losses in recent years!).  I would probably not take trades, because the time I spent buying and selling bows would take away from the time I could spend building bows, but some people might enjoy doing that, so that would be an individual decision.

Granted, sending a refundable deposit off to a bowyer is not much different from putting it in a drawer at home, but if it helps some people to save, then why not?