buyer beware

[robertnloomas]

--- In WanderlodgeForum@yahoogroups.com, "bubblerboy64"
wrote:
Ill bet you would $30 K for a older bird with new tires breaks
air bags 2500 inverter new refrigerator new batteries and generator
new back up camera and not least new flooring so would I
Bob Loomas 1985 PT 36

>
> And again my position as a buyer. My first preference would be a
> completely "ready to go" older FC rear bath coach needing nothing.
At
> a price which is "fair". And I have seen some likely prospects.
> Coaches which have had leather interior and repaints which have
> pushed the asking prices into the range of the pushers. See that's
> the problem. I've fooled around with antique car restorations and
> this is so similar. A restored vehicle is not likely to sell for
the
> cost of the restoration. I feel some sympathy for the seller when
> you know what he has invested to get it right but as a buyer
paying
> for his restoration just doesn't work either. So what's a nice
coach
> like I am looking for really worth? Well, it's worth exactly the
> price negotiated between the seller and the buyer and there is the
> rub. There are a couple real nice newerFC buses on the Bill Board
> right now with prices from 50 to 60K. So are they in competition
with
> the pushers (?) I can't say. And what does that tell you about
the
> older FC's. One fellow has a 1975 listed for 30K. I e-mailed him
> see what he comes back with. From what I have been able to figure
to
> this point his bus would have to be a ready to go coach plus some.
> But on the other hand as a buyer I could see that a guy could
easily
> spend $15k and then in a short time spend an additional $15K to
get
> it right. Price is certainly not cost. Not to belabor a point.
If
> you have something worth the money do the work required to prove
it.
> I could see spending $30 for a really nicely restored older coach
but
> it would have to be exactly what I want with the proof there of.
So
> I guess what I am saying is that I personally am not looking for a
> fixer upper. I can do some repairs but frankly its not my idea of
> fun. Certainly others would feel differently. JEH
>
>
>
>
>
>
> wrote:
> >
> > On 5/4/07, davidkerryedwards wrote:
> > >
> > > Hence, the market for older Wanderlodge's with some needed
> repairs will
> > > probably always be a little more healthy than for refurbished
> coaches.
> >
> > Kerry,
> >
> > I agree to an extent. Personally, I think most people would
rather
> > have a refurbished coach - I know I looked for one that was
> advertised
> > as not having any problems. The disconnect between buyer and
seller
> > comes in price: Most buyers aren't willing to pay a premium for
this
> > work.
> >
> > In my search, I found that people were tending to sell "average"
> > coaches in a certain price range - what I considered "market
price".
> > Then there were the occasional "refurbished" coaches where folks
> > wanted twenty grand above "market price". I wasn't going to pay
> that.
> > In fact, I wasn't going to pay "market price" for a coach with a
lot
> > of problems, either.
> >
> > As a buyer, here's how it worked for me: A good coach with
nothing
> > wrong commands full market value, perhaps slightly more. In my
> range I
> > identified mid eighties PT-40s and the market value I came to was
> > about $50,000. Now, I wasn't going to pay full market value for a
> > coach with a lot of issues. Something that needed major work I
might
> > have paid $35k for, but sellers still thought they could get
$50k.
> On
> > the flip side, many "perfect" coaches, folks were wanting $80k.
> >
> > When all was said and done I did find a very good coach with
almost
> no
> > problems (few things here and there, but they all have those)
right
> > near what I considered to be fair market value. This tells me
that
> > those wanting $80k for their similar coaches are high, as are
those
> > wanting $50k for something that needs $20k worth of work to make
it
> > half as nice as mine.
> >
> > So, there's my two cents worth.
> >
> > -Ryan
> > '86 PT-40 8V92
> > Tri-Cities, WA
> >
>