Originally Posted by Pusherdiva
Great input! thanks very much! Does anyone find that the dealers are willing to tell you what they ended up selling a particular rig for?
I'm not sure this info is all that important....
.My theory ( as good as anyone's) is that Dealer Wholesale (their cost) is usually around -25-30% below (low) NADA....they then mark-up the unit by 10-15% above (low) NADA to establish their "asking" price. This gives them 35-45% margin to play with .....depending on time of year, unique or special nature of the unit, etc, etc.
In today's market I think the average "buying " price is pretty close to or slightly below ( low) NADA. IMO ....Dealers usually get much more than Private Sellers. Why? People just seem to "trust" the buying experience of a Dealership (financing, trades, etc) and are uneasy/uncertain of the private sale. FWIW we just private sold our MH and we had to drop to -10% below (low) NADA in order to attract interest and drop another -10% in order to close the sale at -20% below (low) NADA.
Hope this helps?