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just_justin's avatar
just_justin
Explorer
Sep 14, 2019

Help with a value please! Looking to purchase...

So, I have been looking for a while and finally found a Class C that I like, checked it out, talked to the guy and cant really find any solid value on it, so I thought I would check here.

It is a 2003 Coachman Leprechaun 290RF with a Diesel....a 7.3 diesel. 68K miles, in really good shape with your typical options. Now, NADA doesn't even list a diesel as an option for that year. When I run the Chassis's vin, it does come back as a 2003 E-450 with the 7.3. Running the coach VIN returns nothing.

He was asking 27k, got him down to 22k, and I am ready to jump on it, but I dont want to call the bank only for them to give me the run around!

Any help would be appreciated!
Class C
  • ron_dittmer's avatar
    ron_dittmer
    Explorer II
    Sep 14, 2019
    There are times when paying significantly more than NADA is worth the price. An old like-new creme puff has greater "street" value than a newer beat-up rig that elements got the best of. So it's up to the buyer to decide what it's worth to him, knowing that when it comes to insurance coverage, the book value will nix the street value.

    Our 12 year, stored indoors, creme puff, is migrating into that category, so maybe I am a little bias.
  • just_justin's avatar
    just_justin
    Explorer
    Sep 14, 2019
    midnightsadie wrote:
    X2 22k for a rv 16teen years old ? call the bank. ask them. and you did inspect it for water marks all over the ceiling ? if theres one, run.


    Not a single blemish inside. Tiny amount of delaminating on the outside on the front bunk area which has been fixed....other than that, zero issues.
  • just_justin's avatar
    just_justin
    Explorer
    Sep 14, 2019
    Bert Ackerman wrote:
    $27K and got him down to $22K? NADA online values for a 2003 290RF are south of $10K. A 7.3 diesel that is not shown in the tables does not add $10K+ to the value of a 16 year old motorhome. Sounds like the owner jumped on NADA and started checking option boxes to get his asking price and he would have to had check most all of them to get up to even $20K retail.

    Value is ultimately what the the purchaser determines it is to them. Will a bank even finance a 16 yr old motorhome using it as the collateral? If they will, call and ask them what the max amount is they'll loan on it.


    I plan on calling a dealer this morning and the bank to talk to them. Others I have been looking at in my area, similar four winds, an 04 and 05, with the V10 have been going for 22-25.
  • midnightsadie's avatar
    midnightsadie
    Explorer II
    Sep 14, 2019
    X2 22k for a rv 16teen years old ? call the bank. ask them. and you did inspect it for water marks all over the ceiling ? if theres one, run.
  • Bert_Ackerman's avatar
    Bert_Ackerman
    Explorer
    Sep 14, 2019
    $27K and got him down to $22K? NADA online values for a 2003 290RF are south of $10K. A 7.3 diesel that is not shown in the tables does not add $10K+ to the value of a 16 year old motorhome. Sounds like the owner jumped on NADA and started checking option boxes to get his asking price and he would have to had check most all of them to get up to even $20K retail.

    Value is ultimately what the the purchaser determines it is to them. Will a bank even finance a 16 yr old motorhome using it as the collateral? If they will, call and ask them what the max amount is they'll loan on it.

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