Forum Discussion

Scottiemom's avatar
Scottiemom
Nomad
Oct 21, 2020

Buying from a private party

I'm interested in moving from the Class A to a B. My husband just passed away and I want something with less work.

So I see this Class B advertised near my home. They want %109,000 for it. It's a 2016. I looked it up on Nada and low retail is 79,600 and average retail is 95,900. That's without adding extras, of course, but even then, that's a lot of money for extras if there are any. And they don't list any.

Do I even bother going to look at it? I mean, when I sell my Class A I would like to get a ton of money for it, but I'm sure that's not going to happen, even if (and she is) she's in good shape.

Is Nada a good gauge? I thought it was. . . at least gives you someplace to start. But when the asking price is $30,000 above low retail, it kinda seems pointless to even look.

Dale
Class B
  • mumkin's avatar
    mumkin
    Explorer
    Oct 21, 2020
    Personally I always found NADA pretty useless for Class B prices. Especially right now when there is an unusually high demand. People are getting top dollar.

    I would recommend going to look at it, just for the experience. BUT...I think I would get that A sold, and window shop for a bit. See what is really out there in the market now and find the one that works best for how you want to use it. You don't want to spend $100K for a 4 year old rig when there are new ones out there for that price.

    (Sorry for the loss of your husband... can you drive the Class A since you are full time)
  • Lwiddis's avatar
    Lwiddis
    Explorer II
    Oct 21, 2020
    An advantage of financing when buying from a private party is the bank/CU will verify if seller has clear title or get it cleared.
  • Scottiemom's avatar
    Scottiemom
    Nomad
    Oct 21, 2020
    schlep1967 wrote:
    The seller most likely doesn't care what the B is worth. They care about what they owe on it. I would go see it, get details on any extras, figure the price you are willing to pay and make an offer that makes sense to you. Them paying off their loan is their problem. Just make sure the title is clear of any liens before the money changes hands.


    Good advice. I hadn't thought of a loan problem. I would definitely check that out though before I committed to anything. Thanks for your thoughts.

    Dale
  • schlep1967's avatar
    schlep1967
    Nomad
    Oct 21, 2020
    The seller most likely doesn't care what the B is worth. They care about what they owe on it. I would go see it, get details on any extras, figure the price you are willing to pay and make an offer that makes sense to you. Them paying off their loan is their problem. Just make sure the title is clear of any liens before the money changes hands.
  • Lwiddis's avatar
    Lwiddis
    Explorer II
    Oct 21, 2020
    Five year old B for $109,000? No, no, no. Slow down and be patient. You’ll find a good B.

    I work with recent widows/widowers. My advice is make no major financial or lifestyle decisions for at least six months, better a year.
  • Geo_Boy's avatar
    Geo_Boy
    Explorer II
    Oct 21, 2020
    Depending on the brand, but it’s 5 model years old and you could probably buy a new one with a warranty for close to their asking price. Yes, NADA is a good place to start.

About Motorhome Group

38,714 PostsLatest Activity: Apr 10, 2025