Forum Discussion
jwstewar
May 01, 2013Explorer
Bill & Kate wrote:
I don't know if our case is typical, but here is what we experienced:
In May, 2012, we traded our old trailer for the trailer in our signature. We still owed $11,000 on the old trailer - which was about the NADA value. The 2012 Outback 277RL was built in June, 2011, so it was less than a year old when we bought. We were the second owner - for what it is worth, the salesman said the original owner bought it because it was the biggest trailer he thought his truck would handle, but after one trip, he traded the trailer and the truck for a huge fifth wheel setup. It still had plastic on the furniture and carpet, and the head had not be christened yet.
For comparison, the same day we looked at an essentially similar NEW 2012 277RL at the dealer up the street. It had a manufacturer's suggested list price of $36,382, and the salesman was talking somewhere in the $28,000 area. Who knows what that deal would have worked out to be, but I still see the same unit listed on the dealer's webpage.
For the used unit we got - which the original owner had installed a Barker power jack, two slide toppers, and MaxAir covers - no money down - just the trade - included taxes and whatever, we ended up financing almost exactly $30,000. After paying off the old trailer, that means the dealer ended up a total of $19,000 in the deal.
You can do the math, but I would say that we got it for almost 50% off the sticker price, and more than 30% off what a brand new "leftover" would go for ....
I'm confused on this. You say you owed 11k on the trailer and it was worth that, what did they allow you on trade in? It seems as though the old trailer should have paid itself off (or came real close) and then you would have only been financing the new trailer. Seems like adding taxes and such, you paid about 27k for the new trailer in order to have to finance 30k.
What am I missing?
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