โJul-04-2015 06:12 AM
โJul-04-2015 03:26 PM
jrp26789 wrote:rjxj wrote:jrp26789 wrote:Vulcan Rider wrote:Gdetrailer wrote:
The mere fact that you are willing to whip out a credit card to cover the $8K difference tells me you have much to learn about finances.
I missed that part.
That turns a bad idea into a REALLY REALLY BAD idea.
Does anyone actually read? The OP never said boo about a credit card. Yet several of you have gone down a path of needing to educate him on finance. Pay attention. Someone else replied whip out your credit card. He said 8000 out of pocket. Now unfortunately the OP most likely overpaid for this trailer. I never finance past 5 yrs on anything for this reason. Then you are less likely to end up upside down.
Does this count as boo?
"Sales person asked me how much available cash I could put down a new unit. I asked her if they take credit cards, told due to fees, they only would let me charge $1,000."
I stand corrected. Still doesn't mean the op is seeking financial advice. The self righteousness on this forum is nauseating. I used to use my cabelas card for everything. Free money for hunting Gear is great.
โJul-04-2015 02:51 PM
jrp26789 wrote:rjxj wrote:jrp26789 wrote:Vulcan Rider wrote:Gdetrailer wrote:
The mere fact that you are willing to whip out a credit card to cover the $8K difference tells me you have much to learn about finances.
I missed that part.
That turns a bad idea into a REALLY REALLY BAD idea.
Does anyone actually read? The OP never said boo about a credit card. Yet several of you have gone down a path of needing to educate him on finance. Pay attention. Someone else replied whip out your credit card. He said 8000 out of pocket. Now unfortunately the OP most likely overpaid for this trailer. I never finance past 5 yrs on anything for this reason. Then you are less likely to end up upside down.
Does this count as boo?
"Sales person asked me how much available cash I could put down a new unit. I asked her if they take credit cards, told due to fees, they only would let me charge $1,000."
I stand corrected. Still doesn't mean the op is seeking financial advice. The self righteousness on this forum is nauseating. I used to use my cabelas card for everything. Free money for hunting Gear is great.
โJul-04-2015 02:35 PM
rjxj wrote:jrp26789 wrote:Vulcan Rider wrote:Gdetrailer wrote:
The mere fact that you are willing to whip out a credit card to cover the $8K difference tells me you have much to learn about finances.
I missed that part.
That turns a bad idea into a REALLY REALLY BAD idea.
Does anyone actually read? The OP never said boo about a credit card. Yet several of you have gone down a path of needing to educate him on finance. Pay attention. Someone else replied whip out your credit card. He said 8000 out of pocket. Now unfortunately the OP most likely overpaid for this trailer. I never finance past 5 yrs on anything for this reason. Then you are less likely to end up upside down.
Does this count as boo?
"Sales person asked me how much available cash I could put down a new unit. I asked her if they take credit cards, told due to fees, they only would let me charge $1,000."
โJul-04-2015 02:26 PM
jrp26789 wrote:Vulcan Rider wrote:Gdetrailer wrote:
The mere fact that you are willing to whip out a credit card to cover the $8K difference tells me you have much to learn about finances.
I missed that part.
That turns a bad idea into a REALLY REALLY BAD idea.
Does anyone actually read? The OP never said boo about a credit card. Yet several of you have gone down a path of needing to educate him on finance. Pay attention. Someone else replied whip out your credit card. He said 8000 out of pocket. Now unfortunately the OP most likely overpaid for this trailer. I never finance past 5 yrs on anything for this reason. Then you are less likely to end up upside down.
โJul-04-2015 01:45 PM
Vulcan Rider wrote:Gdetrailer wrote:
The mere fact that you are willing to whip out a credit card to cover the $8K difference tells me you have much to learn about finances.
I missed that part.
That turns a bad idea into a REALLY REALLY BAD idea.
โJul-04-2015 01:36 PM
Gdetrailer wrote:
The mere fact that you are willing to whip out a credit card to cover the $8K difference tells me you have much to learn about finances.
โJul-04-2015 01:19 PM
โJul-04-2015 12:20 PM
โJul-04-2015 10:32 AM
This can be as little as $10 per month up to and over the monthly payment..
โJul-04-2015 09:53 AM
rbpru wrote:
The dealerships usually have a yard full of new TTs which they can sell for a certain percentage of profit.
If they are going to invest the time and resources selling your used unit, they want about the same profit margin.
If you wish to keep that profit for yourself you do not have much choice but to sell it yourself.
Good luck
โJul-04-2015 09:31 AM
โJul-04-2015 09:26 AM
cubscout wrote:
Went to my local RV Dealer yesterday, to get trade in value of camper.mWe have purchased our last 2 campers from them. I have a 2011 Passport Grand Touring , power hitch, power jacks, power awning, dvd,cd, flat screen tv, outside speakers, attached grill,1 large slide, bunk beds, queen bed, U shaped dinette. This was a special unit back in 2011. Total price $33,000. Had to put down payment $8,000. Total financed $26,000. Now I am told that in 4 yrs, my unit has depreciated so much, that trade in value is in $13,900. Dealership advises per NADA guide, not worth anymore. Apparently they could only sell unit for $20,000. I advised salesperson(whom sold us our last unit) that I am trying to buy new smaller unit, with little money out of pocket. The unit I was interested in buying from them was $18,000, discounted from $24,000. I was told I would need $8,000 out of pocket . I was told that since I was buying an already discounted unit, price for trade in probably couldn't chage much. I was told if I was purchasing $100,000 motor home, that would probably payoff my camper. I was told owner is a business man, and that rv deals are not the same as purchasing/trade in of cars. My payoff of my unit is $22,000. Sales person asked me how much available cash I could put down a new unit. I asked her if they take credit cards, told due to fees, they only would let me charge $1,000. I overheard another salesperson tell a customer that you need to put 10% down. Do most dealerships require customers to have a cash down payment. So, at this point, my unit has lost $19,100 in 4 yrs. Suggestions?.
โJul-04-2015 09:16 AM
โJul-04-2015 09:02 AM
โJul-04-2015 09:02 AM
He said he wanted a smaller one.