My 2017 quest for the perfect TT!
Well, another name change. This thread has gone from me look for sales advice to, me looking for a new trailer. So I am changing the name again to better reflect where this thread is currently at.
Forum Discussion
toedtoes wrote:jungleexplorer wrote:toedtoes wrote:jungleexplorer wrote:
Getting a lot of calls today. Not one of them has the money to buy the trailer. Everyone of them said they had to get a loan. I guess it is the American Way to spend money you do not have. Crazy. Every American should be force to attend Dave Ramsey's Financial Peace University. Not me though, because I have never spent money I don't have. I have always saved up to buy anything I want.
Someone will eventually come along that actually knows how to budget. Or maybe not. LOL!
Because at your price point, you are hitting a wall. Under $5000, you're likely to get cash buyers. At $6000, you have bypassed the "cash only" folks and are now in the realm of financing.
Why? Because once you've saved $5000 cash, you can use that as a good down payment towards a new or almost new (2-5 year old) trailer. Or you can spend $4000 or less on an older used trailer and keep $1000 or more to make fixes, mods, etc. It doesn't make monetary sense to spend $6000 cash on a used trailer when those other options will get your more for your buck.
You've priced yourself right into that in-between spot. People with cash are passing you by on both sides, and you're left with people who have to finance $6000.
$6000 is just a starting point. I say in my ad that I am "Willing to negotiate".
This is my ad.
Asking $6,000 but willing to negotiate. Cash Only. Serious buyers only.
I don't think you're getting the point. At your price point, you're not going to get a lot of cash buyers - simple as that.
So, either be willing to work with folks financing or drop your asking price to bring in cash buyers or spend time showing to a lot of folks until that one guy with cash appears and wants to buy.
You aren't going to get everything you want: a fast sell; cash only; your price. Something's got to give - you decide what.
It's been like a feeding frenzy today. People are tripping over themselves trying to get here to see my trailer. I got a good buyer coming in 10 minutes and I think this one is solid and will pay my asking price. He works for a wind generator company and they have given him a bonus to buy a TT, so he can live near his work site. Send me some good wishes. If this does not work, I have six more waiting to come out.
Thanks for all the advice. I appreciate it.
