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Old 07-22-2016, 11:19 AM   #1
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Sell vs rent

I have 2004 National Heritage Tropical listed on the classified.
http://www.irv2.com/rvclassifieds/sh...tropical&cat=4

I did just list a couple days ago, however expected a few more serious bites so now considering possibly renting any thoughts?
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Old 07-22-2016, 11:30 AM   #2
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I would never rent out my MH. If it is great condition now it may not be after renting it out. There are too many people that don't take care of any rentals. You could be looking at big repairs and depreciation of your MH.
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Old 07-22-2016, 11:31 AM   #3
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Originally Posted by TonyDi View Post
I would never rent out my MH. If it is great condition now it may not be after renting it out. There are too many people that don't take care of any rentals. You could be looking at big repairs and depreciation of your MH.
ditto
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Old 07-22-2016, 11:35 AM   #4
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I would think you neck would be sticking out for liability as well. Most folks that rent are new to the game, so without the 10,000 warning stickers like a rental has, you may be liable if they blow up.
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Old 07-22-2016, 11:35 AM   #5
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You just listed it and you're worried? Relax...

Don't even consider renting it out..it will be constantly under repair. We saw what folks did in Alaska with their little Class C rentals. Ugh!!!

I don't know where you're located but if you don't have a buyer by October, consider taking it to Houston to PPL Consignments. Many snow-birders pass through that area. Our motorhome sold within a month for our asking price. They will suggest a price but you can put anything you want on it. I'd suggest asking more because folks usually what to haggle and offer you less. Leaving it there you don't have the hassle of numerous calls, making appts., no shows and for us, we had to have it in a storage facility - an added cost.

http://www.pplmotorhomes.com/
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Old 07-22-2016, 11:52 AM   #6
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NADA.com low retail for a 396LX is about $50K and average retail is about $61K. This is without any added options. I don't consider the price of options when buying used. You're price is probably in the ballpark, but really isn't low. People will go to NADA and try to figure out what it's "worth" to them.
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Old 07-22-2016, 03:13 PM   #7
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Ok what would be a good fair asking price
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Old 07-22-2016, 03:20 PM   #8
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Ok what would be a good fair asking price
Fair is in the eye of the beholder. Research what the market will allow, factor in the season (high season is spring in most locals) and how fast you want it gone, then take an educated guess. If it's not moving fast enough, drop the price and investigate your marketing.

Rent? Not me, never, ever!!
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Old 07-22-2016, 04:05 PM   #9
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Do a search on RVTrader.com for your exact model and see what others around the country are going for!

As for renting, ABSOLUTELY NOT!
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Old 07-22-2016, 06:48 PM   #10
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If you rent it out, expect to have the coach trashed and then it will be worth even less
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Old 07-23-2016, 07:42 AM   #11
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I had a class C that I rented out in Anchorage, Alaska a long time ago. It worked out very well. The real problem is when it breaks down in the middle of a trip, and it will. The cost of having it towed and then repaired at $150/hour will take the joy out of the experience. A 2004 is way too old to consider as a rental.
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Old 07-23-2016, 01:18 PM   #12
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We sold our 37' 2004 Tropi-Cal in April 2015, it had 82,000 miles, got $58,000.
It did have full body paint, 350 Cat and recently upgraded flooring. Had all maintenance records and was in excellent condition.
It took 4 months to sell. We had 4 or 5 calls a week. The first buyer to see it in person bought it.
We downsized and like our new unit. But we loved our Tropi-Cal and many days wish we still had it.
Good luck and hang in there.

Sherry
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