Trade in values

Chum lee wrote:

d1h wrote:
Are most RV dealers giving top dollar for trade ins right now?

Short answer, NO. They NEVER do. Any RV dealer currently in business attempts to buy their new/used stock at the ABSOLUTE MINIMUM PRICE AND SELL/TRADE IT FOR THE MAXIMUM PRICE. This is how they pay their bills and stay in business.

Chum lee

Correct, Chum!

However, "Used Stock" = *NOT* !!

What you didn't say, with the exception of exceptional clean, low-miles, high-end MHs.....most trade-ins go to RV auction/s - rather than the dealer's lot (the dealers want to sell you a *NEW* RV!).

Used RVs take up valuable space - and may draw customers away from the real money-makers!!....:W

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d1h wrote:
Are most RV dealers giving top dollar for trade ins right now?

You're joking, right ??

On *any* trade in.....as the supposed "value" of your trade in goes UP - the price of what you're buying does also!...:S

You're negotiating against yourself !!...:S

But, hey if you're willing to believe a salesperson's dog and pony sales pitch......say Hi to P.T. Barnam's kin (even though Barnam wasn't the guy who "coined" the phrase, "There's a sucker born every minute"!!

Rotsa ruck !!...:R

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d1h wrote:
Are most RV dealers giving top dollar for trade ins right now?

Short answer, NO. They NEVER do. Any RV dealer currently in business attempts to buy their new/used stock at the ABSOLUTE MINIMUM PRICE AND SELL/TRADE IT FOR THE MAXIMUM PRICE. This is how they pay their bills and stay in business.

Chum lee

Horsedoc wrote:
It is sorta like, "Pay more and we can allow you a higher value on what we take as your trade in". That said if what you have is a nice rig and well cared for and they figure it will sell quickly then their offer will go higher.
I worked at a retirement job for a few auto dealerships around town here - what they do and how they figured things was amazing but always seemed they made money on the car they sold you and the car you sold them.

They don't look a the rigs when making a trade in offer.

Traded one in last year and they made the trade in offer sight unseen.

Horsedoc wrote:
It is sorta like, "Pay more and we can allow you a higher value on what we take as your trade in". That said if what you have is a nice rig and well cared for and they figure it will sell quickly then their offer will go higher.
I worked at a retirement job for a few auto dealerships around town here - what they do and how they figured things was amazing but always seemed they made money on the car they sold you and the car you sold them.

Right. A dealership (like any business) is in it for profit. They only want your RV if they can make money on it. A buyer in a private sale is not buying for profit, they're buying to use it. The motive is different and thus so is the value. A dealership always offers less to increase margin. If they show you more it's because you will pay more on what you are buying.

It is sorta like, "Pay more and we can allow you a higher value on what we take as your trade in". That said if what you have is a nice rig and well cared for and they figure it will sell quickly then their offer will go higher.
I worked at a retirement job for a few auto dealerships around town here - what they do and how they figured things was amazing but always seemed they made money on the car they sold you and the car you sold them.

bgum wrote:
No way. Buy low sell high is their moto.

As is the motto of ANY retail business, am I right?

d1h wrote:
Are most RV dealers giving top dollar for trade ins right now?

Yes, dealers are giving top dollar for your used RV right now. And yes, they will then sell you a new RV for top dollar.

Yes, they will offer you top trade in dollars for your use RV. If it turns out you're not buying an overpriced new RV from them, that value will quickly turn into an amount lower than an ant doing the limbo.

We own a 2008 Lance TC ... bought it new. It sits under covered storage when not in use. We do general maintenance on it at least once a year, and infrequent repairs when needed. We expect we'll never buy another camper... we like the TC lifstyle when camping, and if we sold it, we'd just buy another one just like it for a lot more money. Can't justify that, even if some tech stuff has improved, but not enough to offset the cost of new camper. That would feel too much like burning money. If we like some new thing enough, we can always buy it and install it.

Up until last year, we spent about half the year on the road. Getting ready to take off again soon ...