Selling Trailer

skripo wrote:

Doug33 wrote:
In NJ, a benefit of trading in when buying a new one is that you only get charged sales tax on the difference in the price between the new one and the trade in. Which can be a lot of money because the tax rate is 7%.

I was about to make that point. I bought a new StarCraft popup in 2013, used it 5 times and then traded it in for a TT. I lost nearly 25% in the deal.

The only reason I went for it is because of the nearly 15% sales tax issue. I would have had to sell it for $1,000 dollars more than he was offering to come out ahead by $100.00.

It really depends on what you paid and how old the trailer is. In my case I saw no upside for the prospective customer. I did however strip the trailer of all the accessories and sold everything privately through Kijiji (our version of Craigslist).

Just so you know, I ALWAYS buy used. These were the first new vehicle purchases I made in the last 20 years and that was a result of new construction techniques that allowed me to get a luxury 27' trailer that only weighed 4,760 pounds with all the options.

Hi dollar Pups are pain to sell. I lost 50% on trade and couldnt care less. The dealer sat on the used pup for over a year. If you monitor pup portal et all, average pup action is 10 to 20 year old pups.

eluwak wrote:
We had ours listed on RVTrader for 8 weeks and let it expire. During that entire time we never had a buyer call (time of year was bad), but were constantly hounded by companies wanting to help us sell it. It was super annoying.

I had very good luck and sold my Lance 1575 on RVTrader.com.

I did receive lots of scam emails/text messages from people wanting to pay me more than asking price, and then have me return the extra money, and other scams like that. I also received calls from companies who had lots of people "interested in buying my car". I always laughed at those because I was selling a travel trailer :). I did receive over 20 legitimate calls though from prospective buyers.

Here is how I did it once the buyer and I agreed on the price/terms:

--I asked for a small upfront deposit of $200.00. I allowed a personal check for this deposit because they weren't coming for several weeks to pick up the trailer..so I would know if the check ended up bouncing before delivery.

--The buyer met me at my RV Storage lot and we inspected the trailer together and I explained how everything worked.

--Once the buyer was happy with things, I hitched the trailer to MY car and we towed it to his bank (while he followed me). We both went inside the bank and he obtained a bank check/cashiers check. Once I confirmed with the teller that the check was issued with guaranteed funds, I signed the title over and hooked it up to his car. I wanted to be at the bank personally when the cashiers check was issued so that I knew it was authentic/genuine, and not a forgery.

I wanted cash, but didn't want a briefcase full of $20 and $100 dollar bills..so getting a cashiers check at the bank seemed like the next best thing.

Doug33 wrote:
In NJ, a benefit of trading in when buying a new one is that you only get charged sales tax on the difference in the price between the new one and the trade in. Which can be a lot of money because the tax rate is 7%.

I was about to make that point. I bought a new StarCraft popup in 2013, used it 5 times and then traded it in for a TT. I lost nearly 25% in the deal.

The only reason I went for it is because of the nearly 15% sales tax issue. I would have had to sell it for $1,000 dollars more than he was offering to come out ahead by $100.00.

It really depends on what you paid and how old the trailer is. In my case I saw no upside for the prospective customer. I did however strip the trailer of all the accessories and sold everything privately through Kijiji (our version of Craigslist).

Just so you know, I ALWAYS buy used. These were the first new vehicle purchases I made in the last 20 years and that was a result of new construction techniques that allowed me to get a luxury 27' trailer that only weighed 4,760 pounds with all the options.

I put my 5ver on Craigslist and sold it very quickly.
But you may get some of those funky phone calls.

Thanks for all these responses...will think this over and.most likely sell it ourselves.

In NJ, a benefit of trading in when buying a new one is that you only get charged sales tax on the difference in the price between the new one and the trade in. Which can be a lot of money because the tax rate is 7%.

One of our local dealers takes trailers on consignment; he parks it with the others used trailers and gets a percentage of the selling price.

The seller sets the price up or down, the dealer's only gamble is lot space.

If its priced right , the first person will probably buy it . When I was looking everyone I looked at the sellers wanted their payoff ( 6 to 7 year old trailers) .Problem was they put no money down and owed more than it was worth . The other thing sellers did was use NADA to price their campers , the problem with this was , thats what I would pay on a dealers lot ( thats where NADA gets its info , dealers). I bought mine from a guy who was priced right and would only take cash . We both were happy.

We had ours listed on RVTrader for 8 weeks and let it expire. During that entire time we never had a buyer call (time of year was bad), but were constantly hounded by companies wanting to help us sell it. It was super annoying.

Camping World accepts RVs on consignment - See here.

Can be beneficial since there is no hassle for you and they have the benefit of nationwide marketing and sales support. That is not free and should not be.

May be a solution for the OP since he is not ready to make a purchase at this moment. I have sold 2 RVs on Craigslist along with other items, but make no mistake I am no fan of CL. Too much risk of ciminals and other low-lifes there and in addition, the people looking to buy there usually want to low-ball on price.