Go Back   iRV2 Forums > iRV2.com COMMUNITY FORUMS > iRV2.com General Discussion
Join iRV2 Today

Mission Statement: Supporting thoughtful exchange of knowledge, values and experience among RV enthusiasts.
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on iRV2
Thread Tools Search this Thread Display Modes
Old 11-03-2014, 04:53 PM   #29
Senior Member
Jack1234's Avatar
Join Date: May 2011
Posts: 967
Originally Posted by Gary RVRoamer
I'm not clear on why the consignment agent would even be involved from the lendor viewpoint. The title transfer is coming from a private seller, not the consignment dealer. Maybe that's the point - the lender will deal only with the actual seller for vehicle title and payment. Doesn't want to get in the middle of any obligations the seller may have to the sales lot, i.e. commission payment or whatever.
I can only speak from our experience, but this was not the way consignment worked for us. We retained title until the Dealer sold the unit. At this point we transferred ownership to the Dealer who then transferred title to the new owner. This created 3 advantages...

1) The transaction was between the Dealer and the new owner so we were no longer liable for any future problems, promises, warranties or representations made by the Dealer to the new owner.

2) The Dealer was free to make representations or warranties as the owner of the unit.

3) The Dealer was able to arrange financing, accept trades, warranty, etc.....the Dealer simply did not have the $$ cost of carrying the unit until it sold.

I have no idea whether or not the buyer of our MH financed the purchase, but the "advantage" of consignment was that the Dealer could organize financing if needed. As a private seller we were not in a position to offer this service.....nor a variety of "other" things the Dealer could bring to the table.

Jack & Maggie
04-Rexhall Roseair (37)
Cummins ISC / Spartan
Jack1234 is offline   Reply With Quote
Join the #1 RV Forum Today - It's Totally Free!

iRV2.com RV Community - Are you about to start a new improvement on your RV or need some help with some maintenance? Do you need advice on what products to buy? Or maybe you can give others some advice? No matter where you fit in you'll find that iRV2 is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with other RV owners, see fewer ads, upload photographs, create an RV blog, send private messages and so much, much more!


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Forest City Experience oakcreekeric Winnebago Industries Owner's Forum 9 10-11-2014 04:30 PM
Country Coach - Horrible Technical Support & Customer Service Experience customfab Class A Motorhome Discussions 48 08-08-2014 01:02 PM
Selling MH - Consignment? TXredfish Class A Motorhome Discussions 7 07-27-2014 11:45 AM

» Virginia Campgrounds

Reviews provided by

Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities

Copyright 2002-2015 Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 11:57 PM.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.