how much is too little to spend on a used Class C?

tobinduby wrote:
I’ve been reading a lot about the danger signs and what to watch for. But I still have one question: is there a price under which you know a class C is not worth buying?

Thanks!

A lot of people don't understand or confuse cost, price and value. Simply put, "cost" is what the seller has invested in the unit or product. "Price" is what the seller is willing to let it go for, and the difference between cost and price is profit or loss for the seller. "Value" is what the buyer is willing to pay to acquire the product. So a sale is possible when "value" is equal to or exceeds "price". (Negotiation is a process of adjusting the "price" and "value" between seller and buyer.)

BUT if you value a unit significantly more than the seller has priced it at it might be a good deal, the seller may be in a financial bind needing to sell at a loss, or the seller might know something about the unit that you don't. In any case you'd be able to get it for less than you expected and that should be a warning that you're spending too little to get what you think - unless you understand the reason for the difference.