VALUE OF 1992 Shasta pickup truck camper

The maverick turned out to be a bust. It was not a "repairable" leak. the cap was leaking into the ceiling and broke throgh, which ruined the mattress and the overhead bunk pretty much. the water traveled down the front right jack all the way to the floor.

total disaster. I told the guy I wouldn't take it even if he gave it to me. It was in that bad of shape.

Still have my bronco 1500, just want to upgrade to a hard side. back to the search windows.

I totally agree with this; "Probably 8 people out of 10, find out their insurance doesn't cover what they think, at the time of a loss." For me, I have found it more cost effective to carefully look at the reality of what a total or repair would be worth, worst case. Years past I did not do that, and paid enough in insurance premiums a couple of years to have paid for a total. My truck is a 1996, and no need to pay full coverage for damage. Would not take much damage for it to be deemed a total, and then after deductibles, not much to make full coverage worthwhile. I do have much more than what the law requires on liability.

Reddog1 wrote:

shellbackcva59 wrote:
One important consideration is insurance. Most likely in a loss situation, you will only receive "book" value. Would you be willing to accept the loss?

If it were completely destroyed, the loss based on NADA would be $1500. You would loose far more than that with a new TC, just as soon as you took it off the lot.

The only insurance I have on my TC is part of my truck policy if on the truck and homeowners policy if off the truck. It cost nothing extra for either. On something with a 1500 to 3000 value, I personally would not pay insurance premiums other than liability (if they apply).

I had a bad experience with an older new to me boat. Shortly after purchase, the boat was T-boned while trailering it. Stuff happens, if you can afford to take a $2000 loss, no problem. Probably 8 people out of 10, find out their insurance doesn't cover what they think, at the time of a loss.

I was totally expecting a comment of similar nature. I don't want to sound defensive, however I would like to explain my reasoning.

First, the Palomino is 8 years newer. Second, I have spoken to the Palomino owner and the Shasta owner has never called me back.

I understand that repairing a camper may cost $$, however the book value of the shasta is $1500, and the book value of the Palomino is $3500-4000. That gives me $2500 to play with and keep it below value. I expect to spend $1000 on repairs. Bonus, I get to put it back together how I want!

after spending $3000 on a bronco 1500 last year not knowing it had water damage and repairing it for around $500 makes me comfortable from talking with the maverick owner.

This might be $1000 with damage, however I know it's there and plan on doing something about it, not discovering it later as was with the last camper.

Thanks for all the input and I truly appreciate it. Glad to be a part of the rv.net family. I am sure i will be posting a repair report and asking several questions along the way.

tooldad1041 wrote:
thanks for the info. as some have said, there will be others. Have found a 2000 Palomino 8801 with some slight damage for $1000. Sounds like a future project for me! Going to look and most likely purchase on Sunday.

I have no vested interest in your choice, but I will point out the 2 campers are seperated by 2k in cost. Blink and you can spend 2k easly in refurbishing/repairing a camper. Consider carefully the costs of the Palamino's damage repair, the quality ,fit/finish, accesories, wear, and materials used vs the Shasta. Sometimes trying to save $$ will cost more $$ in the final tally. Good luck on your decision!

shellbackcva59 wrote:
One important consideration is insurance. Most likely in a loss situation, you will only receive "book" value. Would you be willing to accept the loss?

If it were completely destroyed, the loss based on NADA would be $1500. You would loose far more than that with a new TC, just as soon as you took it off the lot.

The only insurance I have on my TC is part of my truck policy if on the truck and homeowners policy if off the truck. It cost nothing extra for either. On something with a 1500 to 3000 value, I personally would not pay insurance premiums other than liability (if they apply).

One important consideration is insurance. Most likely in a loss situation, you will only receive "book" value. Would you be willing to accept the loss?

thanks for the info. as some have said, there will be others. Have found a 2000 Palomino 8801 with some slight damage for $1000. Sounds like a future project for me! Going to look and most likely purchase on Sunday.

There aren't a whole lot of used TCs available in the midwest, and as mentioned, it is starting to be the season where demand goes up.

It is worth what you are willing to pay for it, or whatever it is worth to you. If it is in good shape, never leaked, etc, then it certainly is worth more than $1500.

....that camper in a hot North American market could embarrass NADA's suggested used price.

That camper over in Europe could in all likelihood fetch easily $6000 US dollars.

Camper valuation isn't at all like automobiles. Automobile evaluation (red book & black book) are a decades-long "standard" used by automobile dealers and insurance companies for professional and homogeneous evaluations across Canada and the USA. Camper evaluations are an utter crap-shoot. Personally, I would weight NADA in my decision to sell or buy and camper or RV a 30 out of 100; my local market would make up the balance 70 weighting out of a 100.