How to Price a unit you want to sell

[pattypape]

I think NADA uses depreciation and the feed back of recent sales from
mfg. and dealers, I do not think NADA has good feed-back on private
owner to owner sales.
And there seems to be a high number of BB private sale transactions.

Bill 88 FC Michigan


--- In WanderlodgeForum@yahoogroups.com, Leroy Eckert
wrote:
>
> Well her goes. Just my opinion.
>
> NADA is supposed to be a compilation of actual sales providing a
benchmark. Average prices are just that. Average. Some lower, some
higher. Now is a great time to buy a coach of course, but not to
sell. That being said, anyone in their right mind will understand and
see quality and quality should be priced accordingly. One simply
cannot compare apples to oranges. If one wants a beater you get what
you pay for. If so, I say go ahead and buy a real deal hanger queen
and pay a butt load later. Go ahead, I will be here to help them with
their problem. Since you are an astute BB owner you understand the
drill.
>
> Sometimes I think Wannabee's are looking for a pot of gold to fall
out of the sky. It would be rare for that to happen even in this
market.
>
> Now, everyone must understand that buyers at any price these days
are few not only for motor homes but for real estate also. The smart
investors(calculated risk takers) are in the commodities market
trying to create yet another bubble that will eventually blow up.
>
> It is not of your concern that someone is upside down in anything.
That is their problem and if they do not take the loss now the loss
will be greater later.. These days if the seller has the guts to ask,
the bank will accept a short sale and bail out. It might hurt the
sellers credit for awhile but it happens every day. Go ahead, ask
them to do it. It would be good for you.
>
> Then you need to factor in the travel cost of viewing these
coaches. Running all over creation these days ain't free and should
become part of your actual purchase price unless you can deduct it
from your business. If deductible then add the net after tax travel
costs to your basis to see what your coach really costs. That is hard
money.
>
> And finally one really does not get much for flat screen TV's but
should add on for significant substantial upgrades such as new
interior, low mileage engine, exceptional paint, various equipment
upgrades, new tires and exceptional maintenance etc. The high dollar
items that you will spend if you purchase a beater(beater being
defined as a vehicle that is for all intents an purposes trashed
possible note visually, has not been properly maintained and the
seller is upside down)(Understand beauty is only skin deep, if you
get my drift)
>
> Leroy Eckert
> 1990 WB-40 Smoke N Mirrors
> Dahlonega, GA
> Royale Conversion
>
> birdshill123 wrote:
As some of you know I am in the market for a newer Bird. Probably an
> LXI. I have spent a lot of time on the net looking and talking
with
> sellers. Drove to Calif. to see an LXI and am heading to Atlanta
and
> Florida to see a few more. I am a businessman and when I sell
> something the first thing you must do is use your head and not
your
> heart. These are inanimate objects and if one is attached to this
MH
> maybe one should not sell it. Of course some people are not
sellers
> they are simply testing the waters. But if you really want to or
> need to sell a BB it has to be advertised properly. That means
pics
> and description on the net. You would not believe the number of MH
> owners who think that 4 pictures of the exterior and a blurb about
> musical horns is good enough. I had one owner who was selling a
unit
> at almost $100k over NADA tell me he was upside down and had to
get
> what he owed. Others go to NADA and add in all the extras. This is
> wrong. Most DP's and especially BB's come almost fully equipped.
You
> do not add in : AC's, awnings. micro, aluminum wheels, etc.. The
> sellers should add in things like upograded sound systems. LCD
TV's,
> satellite dishes, etc. In most cases the NADA price without
options
> will be close to what NADA claims the unit should be worth. But
> this price does not reflect the marketplace. Especially the
current
> market. NADA is simply a depreciated from new price. Not an
average
> of what BB's sell for. But it can be a valuable tool for a
starting
> price. Then there are those who think that if they wait a year or
> more that prices will rebound!! HUH??? There are sellers,
including
> a few dealers, who have had units for sale for more than 2 years.
> Wouldnt that be a hint that the unit is overpriced? These are not
> investments. They are high priced depreciating toys.
>
> Bruce
> 1988 FC35
>
>
>
>
>
>
> ---------------------------------
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