Jun-22-2015 05:11 PM
Jun-23-2015 07:05 AM
Jun-22-2015 10:26 PM
ARMENIA1 wrote:
I have a very nice 31 ft motorhome that I wish to sell. I looked up the NADA value book and priced it at low book without adding any extras. I keep getting the same story from dealers. They claim it isn't worth the price I am asking for it because it's first owner was a rental company. It is a beautiful coach with 33,000 miles on it. It has one small scratch on it, and there is nothing wrong with it other than that. Has any one else had this song and dance from these dealers?
Jun-22-2015 06:32 PM
tatest wrote:Tatest is 100% correct. As for what the dealers are saying, think about being on the other end. Everyone wants a "one owner" car. A rental resale has had the equivalent of 100s of owners. Any potential buyer is going to be leery of buying a rental that then had a 2nd owner.
"Low book?" Dealers buy at substantially lower than "wholesale" so they have some room to resell it at that price. Did the book carry prices labeled "wholesale" and "trade-in value?"
If you want more, you have to find a retail buyer, and they will be considering a private sale in hopes of getting the RV for something less than the lowest retail prices at dealers.
In any case, NADA and BlueBook values for RVs tend to reflect a standard depreciation scale rather than data collected from actual transactions, as might be done for cars. There are too many different RV models, too few resale transactions for many of those models, to gather useful sales price statistics. So you might be looking at a number far from market realities.
Jun-22-2015 05:52 PM