What do you think this Prevost is worth?

[rgatijnet1]

A friend of mine bought his first RV back in 2000. It was a Liberty Coach Elegant Lady on a Prevost chassis, with all of the bells and whistles, custom ordered from the factory at a cost of slightly over one million. It was set up to sleep 6 since they have four children and had all of the latest electronics for 2000. At the time, I was doing construction work for this gentleman and I built a custom garage to house it that was air conditioned and allowed it to be powered up at all times. The coach has a total of 22,000 miles. I have put about 1500 miles on it, about 10 years ago, and it drives like a dream. It is 45 foot long with the tag axle, etc. It is set up for a toad.
Here is the question.......What do you think the coach is worth today?
It still looks like new but it has the original 13 year old tires. Batteries were changed 5 years ago. It has the 20KW diesel generator. IT HAS NO SLIDES. All of the electronics are now 13 years old. The exterior and interior look like new. The exterior is very tastefully done in polished stainless with black stripes. This was a top of the line coach in year 2000 but to me personally I would guess that he would have trouble finding someone willing to pay more than $150,000 today. He is thinking much more.
What do you think?

[bluwtr49]

I think the biggest downside it that it's set up to sleep 6. Depending on how this was done it could be a significant detractor to the wider buying market. To get top $$$ it might be worth while to consider the cost of conversion back to a more traditional Prevost layout.

It also may be well worthwhile to upgrade the basic electronics such as the TV's, VCR, and etc. The existing surround sound may be just fine...I know our 2000 era Bose is fine.

All the other older stuff can be explained away but not so easy on the electronics. Old tires, no problem as any buyer would just drop their offer by 10K to compensate.

[JRS___B]

I certainly would not accept less than $150,000. With only 22,000 miles, and being in like new condition, it is a great deal for the right buyer. By right buyer, I am thinking of someone who would not blink an eye at putting on new tires and then go out and put 50,000 miles on this puppy.

The new ones do not look any different, especially with that traditional split windshield. For most people it would be their only opportunity to say, "We have a pray voh".

[supercub]

I just saw a similar motorhome on Craigslist and it was listed at $149,000
Brian

[TechWriter]

rgatijnet1 wrote:
This was a top of the line coach in year 2000 but to me personally I would guess that he would have trouble finding someone willing to pay more than $150,000 today. He is thinking much more.
What do you think?

I think you're trying to get a deal.

Is this 2000 Prevost worth more than $150k? I think so. Could only find two others like it on the web -- one for about $250k, the other for $329k, and there is a 2001 on eBay for $238k.

There is certainly a large price range, and these are asking prices, but Prevosts are pretty much top of the Class A food chain and in a class of its own.

Lack of slides? Well, a 2014 Liberty Coach Elegant Lady with only two slide outs probably goes for about $1.5 million. As you know, there are plenty of other brands with quad slides or full wall slide outs that sell for MUCH less.

But a Prevost isn't just another brand.

[mike_brez]

Go Here for a few for sale to see what they are going for. Hopefully it has a series 60 in it,

[paulcardoza]

PPL has a 2000 Featherlite Prevost for $152k, but it's been on there for quite a while. Claims it is in excellent condition.

[rgatijnet1]

pianotuna wrote:
Hi,

How much was it new? 40% depreciation in the first year, and at least 20% per year there after. How is the rust coming along on the frame?

Any plastic items in the house will be pretty friable at this point in time.

Cost new was a little over one million in 2000. There is no rust as it is always kept in a climate controlled garage. The very few plastic items are like new having had little to no exposure to the sun. This coach is top of the line luxury so the use of plastic is very minimal. High end materials only. No ultra leather, only real leather that is in perfect shape. The interior fixtures and furniture in this coach are more like a high end residential apartment instead of what you are used to seeing in an RV.

[pianotuna]

Hi,

How much was it new? 40% depreciation in the first year, and at least 20% per year there after. How is the rust coming along on the frame?

Any plastic items in the house will be pretty friable at this point in time.

[rgatijnet1]

Terryallan wrote:
I believe it's high as well. After all it is too old to go to the "High end" RV Resorts., and it is 13 years old after all. Got to start thinking about the age of the water heater, AC, Fridge, and so on.

Trust me, there is no high end resort that would turn this coach away. It looks like it just rolled out of the factory and the exterior stainless/black color scheme is not out of date.
Although the systems have had very little use, I agree that the life of some of the items may be limited and replacement costs would be high.

[I_am_still_wayn]

If he paid $1,000,000 for it and now gets $150,000 for it and drove it 22,000 miles, that is $38.00 per mile!!!!!!!!!!!!!!!!!

[Terryallan]

I believe it's high as well. After all it is too old to go to the "High end" RV Resorts., and it is 13 years old after all. Got to start thinking about the age of the water heater, AC, Fridge, and so on.

[rgatijnet1]

John S. wrote:
With new tires and batteries a non slide 03 was about 190-200K. You may be a bit high still.

You may be right. Since it is set up to sleep a family of six, without the slides, it is a little tight once everyone is up and around. The exterior storage compartments are huge and all of the hook-ups are automatic extension and retraction. The generator is so quiet that you could run it while parked next to someone and they would never hear it. The luxury level is something to be seen to appreciate but the practicality of the coach's floor plan is what bothers me.

[John_S_]

With new tires and batteries a non slide 03 was about 190-200K. You may be a bit high still.