Why is my trade in value so high?
I have a 2002 Flagstaff 228 popup that I bought in 2007 from the original owner for $4500.00. I was quoted in writing a trade in value of $5000.00 when I was looking.at used class c motorhomes at ...
Forum Discussion
You can thank inflation and the condition of the trade-in.
I have purchased and owned five new RV's since 1961.Four have been traded in on the new ones. I have a 3 year old Monty now that I bought new, trading an 11 year old JayCo 5th Wheel.
Every RV that I have owned was well serviced, kept clean, kept repaird and was in practically new condition when I traded for a later model only for the reason of changes in our camping lifestyle. We were happy with all the RV's and would have kept them expect for changes in use over the years.
Each time when I made a trade, I always negotiated the cash price of the new RV before I even mentioned that I had one to trade. When we reached an ageed cash price for the new one, then I informed the dealer that I had an RV to trade or sell and we negotiated a trade-in price for the used unit.
I have always received more dollars for the trade-in (or sale) to the dealer than the dollars that I paid for the used trailer when it was new. I know that the reason is two fold, i.e., we have had massive inflation since the 1970's and I have always had a fine condition RV to trade-in. I remember that when I bought the JayCo 14 years ago, I recived $350 more for the Conquest 5th Wheel that I traded in than I paid for the Conquest new. When I traded the Jayco for the Monty 3 years ago I receive $1,150 more for the JayCo than I had paid for it 11 years previous.
Inflation has always resulted in the cost of the new RV's more than was the cost of equal RV's years previous also.
I have purchased and owned five new RV's since 1961.Four have been traded in on the new ones. I have a 3 year old Monty now that I bought new, trading an 11 year old JayCo 5th Wheel.
Every RV that I have owned was well serviced, kept clean, kept repaird and was in practically new condition when I traded for a later model only for the reason of changes in our camping lifestyle. We were happy with all the RV's and would have kept them expect for changes in use over the years.
Each time when I made a trade, I always negotiated the cash price of the new RV before I even mentioned that I had one to trade. When we reached an ageed cash price for the new one, then I informed the dealer that I had an RV to trade or sell and we negotiated a trade-in price for the used unit.
I have always received more dollars for the trade-in (or sale) to the dealer than the dollars that I paid for the used trailer when it was new. I know that the reason is two fold, i.e., we have had massive inflation since the 1970's and I have always had a fine condition RV to trade-in. I remember that when I bought the JayCo 14 years ago, I recived $350 more for the Conquest 5th Wheel that I traded in than I paid for the Conquest new. When I traded the Jayco for the Monty 3 years ago I receive $1,150 more for the JayCo than I had paid for it 11 years previous.
Inflation has always resulted in the cost of the new RV's more than was the cost of equal RV's years previous also.
