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+--- Thread: Have the values dropped even more on older birds? (/showthread.php?tid=1100)
Have the values dropped even more on older birds? - Adria Haynes - 07-27-2005 06:00
When we bought our '80 35FC last spring, we thought we got a pretty
good deal on it in comparison with much of the market for that
vintage. One of the reasons we got it was we figured that we would
have to realize very little further depreciation on a 1980 and at
that time, it seemed that there were only a few in the country of
any age that were under the $30k mark. Quite a few over 30k were
even older than ours. We were confident that once ours was paid
off, we could sell it and roll that equity into a much upgraded bus
and keep the same payment range. Our goal was to keep doing this
until we were ready to fulltime it and would have an animal of a
practically new one almost paid for.
Anyway, I was looking today at birds on autotrader and it seems that
the market has dropped even more. I found WAY more than I expected
in the mid-20k range. It kind of bums me out.
Is this the case or is the differences I think I see due to a
seasonal pricing difference since I bought in the Spring, and we're
currently seeing Summer pricing with a higher supply of available
birds driving the prices down?
Any thoughts?? What gives?
John
1980 Wanderlodge 35FC
Have the values dropped even more on older birds? - Mike Hohnstein - 07-27-2005 06:56
I have discussed this subject many times over the years with friends and
colleagues. There is no way to build equity in a motor vehicle unless you
talking collectables.
A motor home is a motor vehicle and 99% of the time motor vehicles depreciate
due to use and ageing. Consider SOBs, don't take long for the new to wear off
those critters, Birds lose luster too. Saving grace of a bird is you can keep
fixing on it and it won't bend or break due to use, but it's still a motor
vehicle. If you have a turbo it's better as it is a tough sell on a NA. Gotta
remember the mfrs are throwing incentives at end users to keep selling their
wares, that hurts the value of used equipment of all kinds.
----- Original Message -----
From: Adria Haynes
To: WanderlodgeForum@yahoogroups.com
Sent: Wednesday, July 27, 2005 1:00 PM
Subject: [WanderlodgeForum] Have the values dropped even more on older birds?
When we bought our '80 35FC last spring, we thought we got a pretty
good deal on it in comparison with much of the market for that
vintage. One of the reasons we got it was we figured that we would
have to realize very little further depreciation on a 1980 and at
that time, it seemed that there were only a few in the country of
any age that were under the $30k mark. Quite a few over 30k were
even older than ours. We were confident that once ours was paid
off, we could sell it and roll that equity into a much upgraded bus
and keep the same payment range. Our goal was to keep doing this
until we were ready to fulltime it and would have an animal of a
practically new one almost paid for.
Anyway, I was looking today at birds on autotrader and it seems that
the market has dropped even more. I found WAY more than I expected
in the mid-20k range. It kind of bums me out.
Is this the case or is the differences I think I see due to a
seasonal pricing difference since I bought in the Spring, and we're
currently seeing Summer pricing with a higher supply of available
birds driving the prices down?
Any thoughts?? What gives?
John
1980 Wanderlodge 35FC
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Have the values dropped even more on older birds? - Adria Haynes - 07-27-2005 07:31
I agree with you 100%. I'm not suprised to see SOME depreciation,
but I just thought seeing comperable mid 30k busses last year look
like they were down to mid 20k this year was MUCH more than I
expected. It just really caught me off guard and I was curious if I
was seeing things that weren't there or if there really was some
kind of market crash in our midst.
Mine's a NA. Thanks for cheering me up about that too.
It just seems that at the current rate, the 80 vintage birds will be
going for like 12k in a few years - which I don't understand since
ones from the 70's were still above that last year.
--- In WanderlodgeForum@yahoogroups.com, "Mike Hohnstein"
<MHOHNSTEIN@w...> wrote:
> I have discussed this subject many times over the years with
friends and colleagues. There is no way to build equity in a motor
vehicle unless you talking collectables.
> A motor home is a motor vehicle and 99% of the time motor vehicles
depreciate due to use and ageing. Consider SOBs, don't take long
for the new to wear off those critters, Birds lose luster too.
Saving grace of a bird is you can keep fixing on it and it won't
bend or break due to use, but it's still a motor vehicle. If you
have a turbo it's better as it is a tough sell on a NA. Gotta
remember the mfrs are throwing incentives at end users to keep
selling their wares, that hurts the value of used equipment of all
kinds.
> ----- Original Message -----
> From: Adria Haynes
> To: WanderlodgeForum@yahoogroups.com
> Sent: Wednesday, July 27, 2005 1:00 PM
> Subject: [WanderlodgeForum] Have the values dropped even more on
older birds?
>
>
> When we bought our '80 35FC last spring, we thought we got a
pretty
> good deal on it in comparison with much of the market for that
> vintage. One of the reasons we got it was we figured that we
would
> have to realize very little further depreciation on a 1980 and
at
> that time, it seemed that there were only a few in the country
of
> any age that were under the $30k mark. Quite a few over 30k
were
> even older than ours. We were confident that once ours was paid
> off, we could sell it and roll that equity into a much upgraded
bus
> and keep the same payment range. Our goal was to keep doing this
> until we were ready to fulltime it and would have an animal of a
> practically new one almost paid for.
>
> Anyway, I was looking today at birds on autotrader and it seems
that
> the market has dropped even more. I found WAY more than I
expected
> in the mid-20k range. It kind of bums me out.
>
> Is this the case or is the differences I think I see due to a
> seasonal pricing difference since I bought in the Spring, and
we're
> currently seeing Summer pricing with a higher supply of
available
> birds driving the prices down?
>
> Any thoughts?? What gives?
>
> John
> 1980 Wanderlodge 35FC
>
>
>
>
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of Service.
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> -------------------------------------------------------------------
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>
>
>
> [Non-text portions of this message have been removed]
Have the values dropped even more on older birds? - Tom Warner - 07-27-2005 08:45
John I think you may not be making a fair comparison and you may be
comparing apples to oranges.
When you compare two coaches make sure they are in the same condition with
the same upgrades etc. Coaches that are completely rust free are worth more
then ones with rust. Coaches that have had regular maintenance are worth
more then those without documentation of some sort. Etc.
I am seeing FC models on the market now, some of them with honest
descriptions that say it needs carpet, tears in the seats, original etc
etc. Here is a 1983 FC35 for instance with a starting price of $35K on
ebay 4563800685. I am not seeing decent coaches in the mid $20s.
If the coach has new dinette upholstery done professionally, new carpet,
new refrigerator, new tires, new brakes, and everything checks out and is
in good mechanical condition and EVERYTHING works I would pay more for it
then one that has sat for a few years and has no upgrades and has A/C that
does not work etc. Depends on how mechanically challenged you are.
In my opinion the coach you have if you do some work on it will be worth
what you paid for it and maybe even a little more. I said sometime ago that
I believe the FC models may go up in price if the diesel fuel prices etc go
up, and they have. They are the most economical to own and run. Dont get
discouraged you picked a nice coach. I have a 210HP NA Cat also, its a
snail on the hills but runs like a top and starts instantly. And the PTs
are envious of our fuel mileage. They wont admit it though
tom
1982 FC35
Vernon Center,NY
At 06:00 PM 7/27/2005 +0000, you wrote:
>When we bought our '80 35FC last spring, we thought we got a pretty
>good deal on it in comparison with much of the market for that
>vintage. One of the reasons we got it was we figured that we would
>have to realize very little further depreciation on a 1980 and at
>that time, it seemed that there were only a few in the country of
>any age that were under the $30k mark. Quite a few over 30k were
>even older than ours. We were confident that once ours was paid
>off, we could sell it and roll that equity into a much upgraded bus
>and keep the same payment range. Our goal was to keep doing this
>until we were ready to fulltime it and would have an animal of a
>practically new one almost paid for.
>
>Anyway, I was looking today at birds on autotrader and it seems that
>the market has dropped even more. I found WAY more than I expected
>in the mid-20k range. It kind of bums me out.
>
>Is this the case or is the differences I think I see due to a
>seasonal pricing difference since I bought in the Spring, and we're
>currently seeing Summer pricing with a higher supply of available
>birds driving the prices down?
>
>Any thoughts?? What gives?
>
>John
>1980 Wanderlodge 35FC
>
>
>
>
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