olywa1978
Aug 03, 2014Explorer
Newbie needs help buying a 1987 Fleetwood Bounder Motor Home
Hey all, my name is Mike and I am looking to be a first time RV owner and needing a little guidance in a possible purchase, if you don't mind.
First off, since this is an online community, let me give a brief summary of me and my story. I'm 36 years old, been stuck in a rut and miserable for the last 6-7 years. Up and quit my job last month and was planning on using my retirement funds to do some traveling, but decided that my retirement money shouldn't be squandered and should go toward something that could benefit me for the rest of my life.
I have about $12,000 saved up and planned on buying 2-3 acres of undeveloped, forested land near a river or creek in the middle of nowhere. I've been looking at owner finance listings with minimal down payments and roughly $150 per month. Then I will get a used RV or camper to park on my new land. Then I will install a solar power system (priced out at $1,200 at Home Depot). Then drive in a 25' pitcher hand pump and HOPE that I get any water at all that shallow, to suffice until I can afford to drill a well. I will dig a hole and build an outhouse over it. Then I will buy materials and start building a small cabin (the design I have come up with has a materials list of only $2,000!).
Having said that, I just got my retirement money yesterday. Haven't had a chance to lock down the land quite yet, but I found a pretty sweet 1987 Bounder (made by Fleetwood?) for sale right down the road for $5,600. I looked it over, inside is clean and immaculate. Outside is also very immaculate, aside for a half-moon shaped crack on the rear panel. Has brand spanking new matching tires. For Sale sign says it has 94,000 original miles, has a 454 Chevy motor, runs great. I looked up the value on Nada's website and the LOWEST retail value for the base model is $8,500. That's not counting the A/C, generator, awning and any other bells and whistles this thing has. Honestly, it truly looks as though it has been driven sparingly and taken very well care of. Is this a steal or what? Do I need to jump on this before it's gone?
I have no experience at all with RV's, so if there are other things I should check out, someone please tell me. I plan to listen to it, drive it and check for leaks. Any other red flags I should look for?
First off, since this is an online community, let me give a brief summary of me and my story. I'm 36 years old, been stuck in a rut and miserable for the last 6-7 years. Up and quit my job last month and was planning on using my retirement funds to do some traveling, but decided that my retirement money shouldn't be squandered and should go toward something that could benefit me for the rest of my life.
I have about $12,000 saved up and planned on buying 2-3 acres of undeveloped, forested land near a river or creek in the middle of nowhere. I've been looking at owner finance listings with minimal down payments and roughly $150 per month. Then I will get a used RV or camper to park on my new land. Then I will install a solar power system (priced out at $1,200 at Home Depot). Then drive in a 25' pitcher hand pump and HOPE that I get any water at all that shallow, to suffice until I can afford to drill a well. I will dig a hole and build an outhouse over it. Then I will buy materials and start building a small cabin (the design I have come up with has a materials list of only $2,000!).
Having said that, I just got my retirement money yesterday. Haven't had a chance to lock down the land quite yet, but I found a pretty sweet 1987 Bounder (made by Fleetwood?) for sale right down the road for $5,600. I looked it over, inside is clean and immaculate. Outside is also very immaculate, aside for a half-moon shaped crack on the rear panel. Has brand spanking new matching tires. For Sale sign says it has 94,000 original miles, has a 454 Chevy motor, runs great. I looked up the value on Nada's website and the LOWEST retail value for the base model is $8,500. That's not counting the A/C, generator, awning and any other bells and whistles this thing has. Honestly, it truly looks as though it has been driven sparingly and taken very well care of. Is this a steal or what? Do I need to jump on this before it's gone?
I have no experience at all with RV's, so if there are other things I should check out, someone please tell me. I plan to listen to it, drive it and check for leaks. Any other red flags I should look for?