Forum Discussion
mgirardo
Aug 11, 2023Explorer
We sold our last TT through consignment 2 years ago and was happy with the results. Our situation is somewhat unique because our TT was in NJ while we lived in GA. Plus, it was during a time when Used units were in high demand post-pandemic. A unit that NADA valued at $18k - $25k pre-pandemic ended up selling for $33k more than 2 years later.
We had a friend with a truck take the TT to the dealer. A little over a month later it was sold. We went with a dealer that charged a 15% fee to sell the unit. The first dealer we approached (where we bought it) charged 20%. The dealer priced it a little higher than we expected and sold it for $2k less than the asking price, which was $3k more than we expected. They had a buyer come from Maine to look at and ultimately buy it.
There was no way we were going to go up to NJ every time someone wanted to look at the TT, according to the Dealer they had a lot of folks look at it. So consignment was really the only option. Once they received payment from the buyer, we sent the the dealer the Title and about 10 days later we had a check. If we were local, we would have saved 5 or 6 days in getting paid.
We probably wouldn't have used consignment if we had the TT at home. We have sold 2 different RVs through Craigslist before and had good success. The key to selling on Craigslist or Facebook Marketplace is to ask a reasonable price so it sells quickly. The longer stuff stays online, the more the scammers come.
-Michael
We had a friend with a truck take the TT to the dealer. A little over a month later it was sold. We went with a dealer that charged a 15% fee to sell the unit. The first dealer we approached (where we bought it) charged 20%. The dealer priced it a little higher than we expected and sold it for $2k less than the asking price, which was $3k more than we expected. They had a buyer come from Maine to look at and ultimately buy it.
There was no way we were going to go up to NJ every time someone wanted to look at the TT, according to the Dealer they had a lot of folks look at it. So consignment was really the only option. Once they received payment from the buyer, we sent the the dealer the Title and about 10 days later we had a check. If we were local, we would have saved 5 or 6 days in getting paid.
We probably wouldn't have used consignment if we had the TT at home. We have sold 2 different RVs through Craigslist before and had good success. The key to selling on Craigslist or Facebook Marketplace is to ask a reasonable price so it sells quickly. The longer stuff stays online, the more the scammers come.
-Michael
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