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10-08-2008, 01:11 PM
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#1
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Senior Member
Vintage RV Owners Club
Join Date: Sep 2008
Location: Beautiful State of Washington
Posts: 113
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Hi,
Is it common practice for Rv dealers to over price the used units by $30,000 or more.I go by Nada and I know online 10% is added because of the dealers.Then they say any reasonable offer accepted so I throw them a "reasonable" offer and I can see they want to run me off the lot on a rail,lol.I thought this was a buyers market by my experience I'd say not,at least not here in Washington. Hugs,Peabody
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Enjoy Life....This is not a rehearsal
Wanda
The boss--Whookie(shih tzu)
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10-08-2008, 01:11 PM
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#2
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Senior Member
Vintage RV Owners Club
Join Date: Sep 2008
Location: Beautiful State of Washington
Posts: 113
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Hi,
Is it common practice for Rv dealers to over price the used units by $30,000 or more.I go by Nada and I know online 10% is added because of the dealers.Then they say any reasonable offer accepted so I throw them a "reasonable" offer and I can see they want to run me off the lot on a rail,lol.I thought this was a buyers market by my experience I'd say not,at least not here in Washington. Hugs,Peabody
__________________
Enjoy Life....This is not a rehearsal
Wanda
The boss--Whookie(shih tzu)
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10-08-2008, 04:31 PM
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#3
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Senior Member
Join Date: Sep 2002
Location: Anywhere USA
Posts: 1,099
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You need to go to another dealer! Anywhere from 15 to 25% off of STICKER is common for a final sales price. It depends on the dealer and what type of rig he is trying to move. It is definitely a buyers market out there right now.
Sarge
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10-08-2008, 06:12 PM
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#4
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Senior Member
Join Date: Apr 2008
Location: Back at the stix'n'brix - East End, AR.
Posts: 553
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Far too many dealers got their training selling used cars in the'70's. They think they are some secret society and we're all a bunch of dimwits. They think every sale has to be a home run - and if they're as bad at their job as many, it may have to be for them to survive.
They have a product they need to sell. You have $$ and want to buy. What's confusing about this?
If the salesman is not being civil, and they have a unit you really are considering - not just tire kicking - ask for the owner. If you get no satisfaction, leave.
__________________
Norm & Janet
FMCA; WIT; FCOA; Good Sam; Passport
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10-09-2008, 05:00 AM
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#5
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Senior Member
Join Date: Oct 2002
Location: Traveling in the East
Posts: 526
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Peabody,one thing you don't want to do is fall in love with one of the units,thats when they have you hooked.
Once heard"don't fall in love with anything that can't love you back".
Joe
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10-09-2008, 05:56 AM
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#6
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Senior Member
Join Date: Jun 2008
Location: Maine & S. Florida
Posts: 122
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Try to find a New unit that's been on the lot for a year. Lots of negotiation power there. They need to sell those unit. Always! speak to the owner before you make your decision.
We bought new, but had found plenty private parties selling because of personal reasons.
Good Luck
Happymi
__________________
2007 Newmar Dutch Star 4324
2008 Jeep Wrangler
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10-09-2008, 06:54 AM
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#7
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Senior Member
Vintage RV Owners Club
Join Date: Sep 2008
Location: Beautiful State of Washington
Posts: 113
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I wished I could buy new would rather be dealing with warranty issues than units the dealers claim are immaculate and are anything but, than over priced also.Most the coaches I have looked at have been around for some time"months"to be accurate.I have one Dealership I like a lot but they don't get used very often and when the do they fly out the door.Another thing I have noticed is Nada seems higher now from when I started my search,if that is possible,I'm still looking for the same years as when I started, I could afford them a month ago, now it seems they have gone up about $10,000. for the same units.I'm going to buy the book that way I know it can't change,lol.Hugs Peabody
__________________
Enjoy Life....This is not a rehearsal
Wanda
The boss--Whookie(shih tzu)
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10-09-2008, 10:23 AM
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#8
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Senior Member
Join Date: Apr 2008
Location: Back at the stix'n'brix - East End, AR.
Posts: 553
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Just remember, NADA is a selling tool - not a real indicator for the buying public. It's owned and sponsored by the North American Automobile Dealers' Association - it's not some independent blog - who do you really think it will favor??
Does it have some value for comparisons?? Yes. Should it be used as a bible?? Absolutely not - even the dealers don't. Quote from back when I wholesaled cars "If the book bought cars, we'd all be rich!"
In today's world, you should be able to walk off a showroom with a previous year's, new, model for ~30% off sticker.
Our Vectra - over 2 years ago - was a year-old true demo; 10K miles with a travel history log and a MSO (never titled). We drove out, with several expensive add-on's (washer/dryer, in-motion sat) at $83K under list. Our new '08 View was discounted over $20K - and I've seen $80K Class C's with asking prices well under $60 painted on the windows.
The private used market is somewhat constrained by the fact that far too many people got a 15 year note with a minimal down payment - and they literally owe tens of thousands more than the street value of their rig.
__________________
Norm & Janet
FMCA; WIT; FCOA; Good Sam; Passport
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10-09-2008, 11:17 AM
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#9
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Moderator Emeritus
Texas Boomers Club
Join Date: Jul 2000
Location: Cypress, Texas USA
Posts: 6,228
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<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by porscheracer:
The private used market is somewhat constrained by the fact that far too many people got a 15 year note with a minimal down payment - and they literally owe tens of thousands more than the street value of their rig. </div></BLOCKQUOTE>
To add insult to injury, many of these naive buyers paid something close to MSRP for the rigs to begin with. When we were briefly looking at Class A units, we found many owners who wanted substantially more for their 1-2 year old rigs than we would have paid for a new one after some tough negotiation, and since they were trying to pay off a note, they didn't really have a lot of wiggle room.  Can you say "upside down"??
Rusty
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2011 Dodge Ram 3500 Laramie Cummins 6.7L/6 speed auto/4.10LS crew cab LB dually
2004 Doubletree Mobile Suites 36RE3 5th wheel
Come join us on a TEXAS BOOMERS rally!
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10-09-2008, 06:49 PM
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#10
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Senior Member
Workhorse Chassis Owner Winnebago Owners Club
Join Date: Jan 2008
Location: Olympia, Wa and Las Vegas, Nv for the Winter
Posts: 962
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Peabody, go look at the rig I told you about
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2008 Voyage 38J, W-24, Banks System, UltraPower, SteerSafe, Roadmaster All Terrain, US Gear Braking, Roadmaster AntiSway Bar
2011 Jeep Grand Cherokee Overland. US Army Ret
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10-10-2008, 05:26 AM
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#11
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Senior Member
Vintage RV Owners Club
Join Date: Sep 2008
Location: Beautiful State of Washington
Posts: 113
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Said I would and I will just have to convince my daughter to take me.She's got a nicer car than I have at the moment plus gives me a break from having to shift you know how hard it is to shift a little four cylinder chevy.LOL.Hugs Peabody
__________________
Enjoy Life....This is not a rehearsal
Wanda
The boss--Whookie(shih tzu)
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10-11-2008, 06:06 AM
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#12
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Senior Member
Join Date: Jun 2007
Location: Charlton, NY
Posts: 178
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Peabody,
This is a common practice by ALL dealers on used rigs to price them 30% to 50% more than there worth. I bought my rig "from" Tom Stinnett RV. It was on there lot as a consignment unit. They wanted %38 more than what I got it for from the original owner. What was there justification? - a 12 month warranty and "check up". Well, you can get a much cheaper warranty using CSP and you have to fix any small problems yourself anyway on the road.
Jeff
__________________
02 Itasca Horizon 34HD, 05 Explorer, Falcon II bar, ReadyBreak, Regal LSR 2100, YZ250, KTM200XC, XR80R
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