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Old 01-22-2013, 06:16 PM   #1
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How to calculate added value of tow eqpt on used toad

Hi,

I'm toad shopping and know how to use various resources to calculate how much to offer on the car itself. But, since it's already fully equipped to be towed and all the equipment comes with the deal... how do I figure what the total offer should be ?

Tow equipment includes:
Blackhawk All Terrain Tow Bar
Invisibrake
Guardian Tow Shield
Hidden Tow Brackets
All cables, connectors, instructions, etc
Transferrable extended warranty on Invisibrake

This is quite a package from what little I know ( I R A beginner)... and I don't want to come off as a total dummy when I make my offer. The tow equipment is only around a year old.

Thanks for all ideas !
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Old 01-22-2013, 06:51 PM   #2
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Depends! If he were trading it end it would not be worth much. A lot of dealers will remove the base plate. They seem to think it lowers the value as you have no idea of how far it has been pulled. If it is for sale at an RV dealer he will want top $$. Google the replacement cost of the tow eqpt. and try an offer of 50% + the car value. All he can do is say NO or Yes.
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Old 01-22-2013, 08:05 PM   #3
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That's a good idea. It gives me a place to start. I hate negotiating but it's a necessary evil.

Thanks for your reply !
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Old 01-25-2013, 11:43 AM   #4
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Unless the seller knows you want to tow the car, I'd offer only what the car is worth to you. You'd be taking the towing equipment off his hands and not charging him for doing it. Options like this are not worth much in the market place. The value of the towing package is what may have brought you to consider the vehicle. That is what the value is, it brings customers to take a look. There is no real value to be added to the car because of the added wear and tear of being towed, by the current owner.
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Old 01-25-2013, 11:53 AM   #5
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As stated, some would consider it a negative and probably skip that car because it was towed and 'rocked' up front More stuff means more things to go wrong !

They do not need to know you want it for a toad... in fact, what if the 'upgrades' won't work for your situation.... they would be worth pennies on the dollar if sold outright...
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Old 01-25-2013, 12:00 PM   #6
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Towing equipment to anyone other than an RV'r is a complete turn off. The average person is afraid that towing will have caused damage/wear. However; if I was out shopping for used tow equipment I would be expecting to probably pay around $800 for all that equipment and then pay to have it installed.
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Old 01-25-2013, 12:13 PM   #7
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Look at the classified ads here on iRV2. You may not see the same exact equipment. But as others have said, you will know what it is worth to YOU, not the dealer selling it.

If you have already played your hand and told the dealer you are interested in a vehicle because it has the towing pkg, you will end up paying more than it is worth. That's just the way it is with car dealers today.

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Old 01-25-2013, 01:01 PM   #8
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It's sorta like selling a truck with a 5th wheel hitch installed. If I'm selling it to another RVer to tow a 5th wheel, it has some value. If I'm selling it to anyone else, it tends to be a negative because they want a "mall queen" truck that has never worked, not one that has obviously towed something to earn its keep.

Assuming the tow equipment is in good condition, 50% of new isn't a bad value to assign if you want to put a value on it. Discounting installation costs, you'd only be paying perhaps 25% to 30% of new at that rate. That's consistent with the value of hitches, wiring, etc. that I'd be willing to pay if I were in the market for a used tow vehicle (truck).

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Old 01-25-2013, 01:53 PM   #9
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Interesting - looking for a toad and finding one already equipped. But then not knowing (or worse yet knowing) what the car has been thru. If I was looking just for the car and saw all that crap on the front end I would walk away or offer several thousand less. If the owner is selling it out right you gotta be the only on interested in the toad eq.

This would make a great case study as the product for sale is worth more to you but worth much less on the open market.

Lol - it would be hard to argue that it is worth less because it was a toad but then ask for all the towing eq. Or would it??

Good luck.
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