Forum Discussion

rsbabson's avatar
rsbabson
Explorer
Sep 12, 2014

advice on price

Okay so I have decided on which 5th wheel I want. I've decided on a Columbus 320rs.So back in June I did some emailing with a dealer and here is the low down on numbers. List price $49,990 trade in $23,000 equals $26,990. Balance on trade in $34,400 - $23,000 equals $11,400 negative equity. So $26,990 + $11,400 equals $38,390 less sales tax. So price was $38,390 in June. So now I owe $29,992.97 on my trade which if they still offer me 23k for it would put me at $33,982.97 less sales tax. Now this is without them coming off of the internet list price or me actually sitting down and running credit. I have actually went to the dealership and looked at the camper and talked to the salesman.I plan on buying around the end of October so my balance should be around 28k something. So for instance if I were to buy right now how much should I haggle for them to come down off of the $33,982.97? I hope I don't confuse anyone if so I can rewrite the math. Thanks!
  • WyoTraveler's avatar
    WyoTraveler
    Explorer
    Sep 13, 2014
    I don't know quality of RV but if it is true actual list is $56K noted in previous post I would offer 39.2K - 23K = 16.2 plus 7K you owe. i.e. about $23.2 difference. JMHO Of course I walk out of a lot of dealers. I had a dealer in Vegas tell me he was only making a couple of thousand dollars on RVs. They all lie. They make more than 30%. Profits are probably closer to 35%, maybe more. Guess you have to decide just how badly you can't live without the RV. If I have an RV I don't need an RV. Gotta be a super deal to suck me in. I don't take their price. I make an offer take it or not. They may not take it. That is OK I still have an RV.
  • rsbabson's avatar
    rsbabson
    Explorer
    Sep 13, 2014
    Sorry I don't I will ever have 30k in loose cash I can buy an rv with
  • 4x4ord's avatar
    4x4ord
    Explorer III
    Sep 13, 2014
    From what people are saying in another thread you should get 35% off list; so on a cash no trade deal you would pay about $32500 for that unit. So they are really allowing you about $5500 for your old trailer. I would keep the old one until I had it paid off and I could afford to pay cash for a new one or at least put enough down that I could pay it off at a rate faster than it is depreciating.

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