Still very tempting to buy my totaled TT back
So you guys might already know my story. Basically my TT rollover when I was making a left turn. I do see most of the folks suggest I should take the money and buy a new one, but here is my situation:
1. Insurance offers $18.7K for total loss settlement, purchase price 20k, buy back price 4k
2. I can not find a similar TT within 500 miles unless I add another 6~10k.We brought the TT for COVID travelling and need to rent storage for it, was only plan to own it for 1-3 years. My feeling is if I buy a new one and sell it in a year, I easily lose 5k due to devaluation. And to sell a RV is another hassle.
3. Seems to me now I have the chance to spend 4k to get a usable TT,to me it's actually much better than those popups which still cost 10k+
4. Most tempting part is I went to the tow yard and checked the RV, everything inside still working OK. It rained the past few days and I don't see any leaking inside. Plus in my previous post someone mentioned most RV tends to leak anyway. My plan is to replace the edge trim and bottom trim myself, and for the crack I plan to add something like a vent cover to hide it and make sure water won't get in. All these should be done within 1k budget.
5.Checked with DMV, they have no problem to register/title in my case, even I don't fix my TT properly. There's no RV insurance requirement in my state, this is another plus to me
6. My WC case is the frame damage gets worse and I have to junk it, I did learn little business will take salvaged TT, but I feel mine still looks in good shape. WWC scenario: I pay another 1k to get rid of it?All in all, risking 5k for a usable TT rather than paying 20k for new one+ is tempting...
What am I missing? I'm ready for any sarcasm and yes please wake me up.:?
1. Insurance offers $18.7K for total loss settlement, purchase price 20k, buy back price 4k
2. I can not find a similar TT within 500 miles unless I add another 6~10k.We brought the TT for COVID travelling and need to rent storage for it, was only plan to own it for 1-3 years. My feeling is if I buy a new one and sell it in a year, I easily lose 5k due to devaluation. And to sell a RV is another hassle.
3. Seems to me now I have the chance to spend 4k to get a usable TT,to me it's actually much better than those popups which still cost 10k+
4. Most tempting part is I went to the tow yard and checked the RV, everything inside still working OK. It rained the past few days and I don't see any leaking inside. Plus in my previous post someone mentioned most RV tends to leak anyway. My plan is to replace the edge trim and bottom trim myself, and for the crack I plan to add something like a vent cover to hide it and make sure water won't get in. All these should be done within 1k budget.
5.Checked with DMV, they have no problem to register/title in my case, even I don't fix my TT properly. There's no RV insurance requirement in my state, this is another plus to me
6. My WC case is the frame damage gets worse and I have to junk it, I did learn little business will take salvaged TT, but I feel mine still looks in good shape. WWC scenario: I pay another 1k to get rid of it?All in all, risking 5k for a usable TT rather than paying 20k for new one+ is tempting...
What am I missing? I'm ready for any sarcasm and yes please wake me up.:?
