gunninks wrote:
Lynnmor wrote:
YOU can expect a big hit when it is time to sell or trade.
Ask for photos of the damage before repair, I bet they exist.
I know of a trailer recently purchased that had very minor damage, but a salvage title, they got the photos for their own satisfaction as well as for resale some day.
The resale value is what I am afraid of. I'll see if I can get photos. Thanks.
Its A "RV", there is ZERO "resale" value in any RV, period.
It is a "depreciating asset" AND IT WILL ALWAYS be worth LESS than what you paid for it.
It will never go up in value, only down.
Dealer while might be a bit less than stellar by not actually stating it would have a "salvage" title they DID specifically tell you that they BOUGHT IT FROM A INSURANCE COMPANY.
It is up to YOU to know and understand that the ONLY TIME insurance companies sell things like RVs, autos, boats is to recover some of their lost money in paying off the owner for a totaled item.
The the result is the title when sold by an insurance company WILL be "branded" with SALVAGE.
The dealer bought it cheap, fixed whatever was wrong then resold to you.
You do need to be realistic, it is an OLD RV, not new, has very little value in it to resale.
Move on, chalk it up as an learning experience and go camping..
