Coast to Coast Marine and Coach
We are selling our 5'er and in the process of selling we have been approached by a bunch of "Brokers" looking to sell our RV for us. We have dismissed them all, but one. Coast to Coast Marine and Co...
Forum Discussion
For me, there'd be too much risk for the reward.
It also occurs to me that the CTC would have to charge the buyer such an exorbitant rate of interest to reach a profitable return to the seller, they would be marketing to less than stellar buyers. A buyer with good credit would buy and finance at lower rate somewhere else.
Also, the buyers money, which could be gaining interest or used for other purposes, is tied up by CTC for the contractual time. If CTC was offering 6% gain on the sale price and I could sell outright and gain 4% somewhere else, the difference in gain would be negligible. I also might have less of a risk.
It also occurs to me that the CTC would have to charge the buyer such an exorbitant rate of interest to reach a profitable return to the seller, they would be marketing to less than stellar buyers. A buyer with good credit would buy and finance at lower rate somewhere else.
Also, the buyers money, which could be gaining interest or used for other purposes, is tied up by CTC for the contractual time. If CTC was offering 6% gain on the sale price and I could sell outright and gain 4% somewhere else, the difference in gain would be negligible. I also might have less of a risk.
