Forum Discussion
Mr_Mark1
Jul 19, 2015Explorer
Nickelman, we bought our first coach new and kept it 7.5 yrs. and 69,700 miles. Even though our coach was in fantastic condition and overly maintained, I knew that it would be a wonderful coach for a new buyer with some value still attached to it.
I wanted to sell it within the 10 yr. period as it's harder to get an RV loan on coaches approaching 10 yrs. (from what I have heard) if someone was not paying cash. I think our buyer did get a loan.
Over the 7.5 yrs., we got back 45% of our purchase price including the commission, 49% without the commission. We could have attempted a private sale but I just didn't want to deal with people. I think our percentage of return was not bad.
So, we now have bought new again with intentions of keeping this coach for at least 10 yrs. unless life throws us something not anticipated.
I do like new and I take very good care of my vehicles which make them good, fast sellers.
MM.
I wanted to sell it within the 10 yr. period as it's harder to get an RV loan on coaches approaching 10 yrs. (from what I have heard) if someone was not paying cash. I think our buyer did get a loan.
Over the 7.5 yrs., we got back 45% of our purchase price including the commission, 49% without the commission. We could have attempted a private sale but I just didn't want to deal with people. I think our percentage of return was not bad.
So, we now have bought new again with intentions of keeping this coach for at least 10 yrs. unless life throws us something not anticipated.
I do like new and I take very good care of my vehicles which make them good, fast sellers.
MM.
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