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Bluebird Values - Jim Scudder - 03-31-2006 14:21
I am Bird watching and see prices all over the place on used Birds.
Is there someplace like nada.com where one can baseline the values of
used coaches?
Thanks,
Jim
San Jose, CA
Bluebird Values - birdshill123 - 04-01-2006 00:45
Jim : I am seeing the same price variance. There are no
accurate "blue book" values for ANY RV's. NADA for cars is quite
different. Ther are many thousands of sales of a car model every month.
Dealers and auctions report the prices and Nada uses the data to come
up with wholesale prices. Retail prices are from Fairy land. The NADA
RV prices that are on the net are not even close. They have nothing to
do with the prices of used units. They arrive at these prices by
taking a depreciation % from new Retail. Dealers do not report sale
prices to anyone. The values in the Blue Books are skewed to give the
RV dealer huge profits. I doubt there are enough BB's sold in any one
year to get any decent data. I have noticed that a lot of BB's are for
sale for a long time. Some have been on the market for more than 2
years. Obviously they are overpriced. Any RV is only worth what people
will pay! Reminds me of a guy in our city who had a 1970 Holiday
Rambler pull trailer, 25 ft. He was the original owner. Had it
advertised in 1998 for $7800.00!! After about 6 months in the Auito
Trader he put it in those free "for sale" papers. It was still for sale
in 2004. He died in 2005 and I dont know what happened to his jewel!
Bluebird Values - Jerry - 04-01-2006 04:57
Jim, you are certainly correct on your observation of prices. There is a
NADA RECREATION VEHICLE GUIDE that you can subscribe to for $105 per year.
It is published every four months and is a very thick booklet. The prices
in it are of very little use and are in almost all cases much higher than
the existing market. The prices are not arrived at from real auctions and
dealer sales as is the automobile NADA books. The NADA RV Guide certainly
does not reflect the dive in prices of all RVs due to outrageous fuel price
increases. I have noticed price drops on RV sales on EBAY are accelerating.
Many private individuals have a real problem as they owe more than the
vehicle is worth, commonly know as a upside down situation, so their asking
price most of the time will not come down. I believe some Lending
institutions in the past have loaned about 80% of the wholesale value found
in the RV NADA book, if, you had very good credit, and the RV was only a few
years old. I have heard that is changing due to the increasing numbers of
Repossessions. Anyway, I am still looking and have decided to be patient
until the right Coach at the right price comes along. I hope this helps and
doesn't confuse the issue further. These are my personal opinions, others
may not agree. I would like to hear from others on this subject.
Jerry
MS Gulf Coast
Still Looking
_____
From: WanderlodgeForum@yahoogroups.com
[mailto:WanderlodgeForum@yahoogroups.com] On Behalf Of Jim Scudder
Sent: Friday, March 31, 2006 9:22 PM
To: WanderlodgeForum@yahoogroups.com
Subject: [WanderlodgeForum] Bluebird Values
I am Bird watching and see prices all over the place on used Birds.
Is there someplace like nada.com where one can baseline the values of
used coaches?
Thanks,
Jim
San Jose, CA
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Bluebird Values - Jerry - 04-01-2006 05:24
Jim, you are certainly correct on your observation of prices. There is a
NADA RECREATION VEHICLE GUIDE that you can subscribe to for $105 per year.
It is published every four months and is a very thick booklet. The prices
in it are of very little use and are in almost all cases much higher than
the existing market. The prices are not arrived at from real auctions and
dealer sales as is the automobile NADA books. The NADA RV Guide certainly
does not reflect the dive in prices of all RVs due to outrageous fuel price
increases. I have noticed price drops on RV sales on EBAY are accelerating.
Many private individuals have a real problem as they owe more than the
vehicle is worth, commonly know as a upside down situation, so their asking
price most of the time will not come down. I believe some Lending
institutions in the past have loaned about 80% of the wholesale value found
in the RV NADA book, if, you had very good credit, and the RV was only a few
years old. I have heard that is changing due to the increasing numbers of
Repossessions. Anyway, I am still looking and have decided to be patient
until the right Coach at the right price comes along. I hope this helps and
doesn't confuse the issue further. These are my personal opinions, others
may not agree. I would like to hear from others on this subject.
Jerry
MS Gulf Coast
Still Looking
_____
From: WanderlodgeForum@yahoogroups.com
[mailto:WanderlodgeForum@yahoogroups.com] On Behalf Of Jim Scudder
Sent: Friday, March 31, 2006 9:22 PM
To: WanderlodgeForum@yahoogroups.com
Subject: [WanderlodgeForum] Bluebird Values
I am Bird watching and see prices all over the place on used Birds.
Is there someplace like nada.com where one can baseline the values of
used coaches?
Thanks,
Jim
San Jose, CA
_____
YAHOO! GROUPS LINKS
* Visit your group "WanderlodgeForum
<http://groups.yahoo.com/group/WanderlodgeForum> " on the web.
* To unsubscribe from this group, send an email to:
WanderlodgeForum-unsubscribe@yahoogroups.com
* Your use of Yahoo! Groups is subject to the Yahoo!
<http://docs.yahoo.com/info/terms/> Terms of Service.
_____
[Non-text portions of this message have been removed]
Bluebird Values - birdshill123 - 04-01-2006 05:31
Jerry: If you read my post we are on the same wave length. If one is
selling a house, an appreciating asset, then waiting for your price may
be wise. But an RV is a depreciating asset. If one is selling a MH,
Blue Bird or otherwise, and it has been on the market for 2 years then
the asking price is too much. I have seen FC35's from the mid 80's with
prices of $54,000. That is obviously too high. If the unit has been for
sale for a year or so then it is worth less than when it was first
advertised. Those are my thoughts.
Bruce