Want to buy Bluebird

[Gregory OConnor]

Financing is the way bankers pay cash for their motorhomes.

Good reasons to finance are sales pitches


GregoryO'Connor
94ptRomoland



--- In WanderlodgeForum@yahoogroups.com, "Scott Forman" <sforman@...>
wrote:
>
> I want to echo that, financing is not all bad, although I would
> advise against financing 100% of the cost and keep the term short.
>
> Scott Forman
> 86 PT38
> Memphis
>
> --- In WanderlodgeForum@yahoogroups.com, Peter T. Arnold > wrote:
> >
> > Great write-up.
> >
> > I do not completely agree with "Don't finance it" Lot's of
reasons
> in
> > my life to leave the capitol invested and take the tax advantage
of
> > long tern financing.
> >
> > YMMV
> >
> > Pete
> >
> > On Thu, 22 Nov 2007 17:36:53 -0000, you wrote:
> >
> > >Once upon a time... Buying a Wanderlodge is a lot like buying
> your
> > >first home. First only look at Birds within your means, if
you're
> on
> > >a beer budget don't pull out the Champagne glasses. There are a
> lot
> > >of similarities with the two purchases. Don't even look at
birds
> out
> > >of your budget range, by doing so will only lead to
> disapointment.
> > >Next you would not buy a home without a home inspection, so you
> > >should get a Pre-Delivery Inspection on your potential Bird.
Find
> > >someone in your area or the area of the bird who is knowledgable
> on
> > >that particular coach and hire them to go over the systems with
> you.
> > >This will let you know what works, and what needs repairs or
> > >replacement, and a PDI is a great negoiaging tool and you have
> > >leverage when it comes to writing the check. Another issue; you
> > >would not buy a house without an appraisal, nor would a lender
> loan
> > >money on a home without a certified appraisal, so get a
certified
> > >appraisal on any potential purchase. A PDI & an appraisal are
not
> > >the same thing they serve two differnt purposes. Do not rely on
> NADA
> > >or Ebay as reliable sources of value, nor the past sells by
> desperate
> > >sellers. None of these are true representations of real value.
> NADA
> > >may have had only one subject sold in the last quarter and that
> coach
> > >could be the best coach on the worst day of public auction with
no
> > >competitive bidders. That is not a true representation of
value,
> you
> > >want to pay a fair market value and get a coach that is worth
100%
> or
> > >more of what you paid. Another reason for the appraisal is if
by
> > >chance you are able to find the once in the lifetime bargain you
> > >would want to insure your coach for it's true replacement
value.
> A
> > >200K dollar coach bought for a 100K and insured for 100K then
> written
> > >off as a total lose, the insurance company will not pay the
> > >difference in value, so get it insured for the full value, the
> only
> > >way to do this is with a certified appraisal.
> > >Financing: DON'T do it! Can't write a check wait until you can.
A
> > >loan payment on a Bird is no fun when you don't have the money
to
> buy
> > >fuel for the fun trips or the extra cash to make upgrades and
> repairs
> > >when needed.
> > >Last thing you should know about Bluebirds, it is at times
easier
> &
> > >quicker to get a divorce then it is to sell a Bluebird, so know
> what
> > >you are getting into and be prepared to make the commitment
> because
> > >it is most of the time for the long haul. Good luck & happy
> hunting.
> > >John 88FC35 Louisville, KY/Jeffersonville, IN
> >
> > --
> >
> > Fraternal Regards,
> >
> > Peter T. Arnold
> >
> > Worthy Patron, Temple Chapter #53 {3rd Time}
> >
> > Hartford Evergreen Lodge #88 Past Master
> > Meets on 1st and 3rd Mondays
> >
> > Washington Lodge #70, Past Master 1997
> > 2nd and 4th Monday
> >
> > Yahoo 6th District B.L.C. Newsgroup Co-Moderator
> >
> > Past A.G.M., Masonic District 6B
> > Grand Lodge of Connecticut A.F. & A.M.
> >
> > As you can see, I'm busy on Mondays!
> >
>