Want to buy Bluebird

[Peter T. Arnold]

Great write-up.

I do not completely agree with "Don't finance it" Lot's of reasons in
my life to leave the capitol invested and take the tax advantage of
long tern financing.

YMMV

Pete

On Thu, 22 Nov 2007 17:36:53 -0000, you wrote:

>Once upon a time... Buying a Wanderlodge is a lot like buying your
>first home. First only look at Birds within your means, if you're on
>a beer budget don't pull out the Champagne glasses. There are a lot
>of similarities with the two purchases. Don't even look at birds out
>of your budget range, by doing so will only lead to disapointment.
>Next you would not buy a home without a home inspection, so you
>should get a Pre-Delivery Inspection on your potential Bird. Find
>someone in your area or the area of the bird who is knowledgable on
>that particular coach and hire them to go over the systems with you.
>This will let you know what works, and what needs repairs or
>replacement, and a PDI is a great negoiaging tool and you have
>leverage when it comes to writing the check. Another issue; you
>would not buy a house without an appraisal, nor would a lender loan
>money on a home without a certified appraisal, so get a certified
>appraisal on any potential purchase. A PDI & an appraisal are not
>the same thing they serve two differnt purposes. Do not rely on NADA
>or Ebay as reliable sources of value, nor the past sells by desperate
>sellers. None of these are true representations of real value. NADA
>may have had only one subject sold in the last quarter and that coach
>could be the best coach on the worst day of public auction with no
>competitive bidders. That is not a true representation of value, you
>want to pay a fair market value and get a coach that is worth 100% or
>more of what you paid. Another reason for the appraisal is if by
>chance you are able to find the once in the lifetime bargain you
>would want to insure your coach for it's true replacement value. A
>200K dollar coach bought for a 100K and insured for 100K then written
>off as a total lose, the insurance company will not pay the
>difference in value, so get it insured for the full value, the only
>way to do this is with a certified appraisal.
>Financing: DON'T do it! Can't write a check wait until you can. A
>loan payment on a Bird is no fun when you don't have the money to buy
>fuel for the fun trips or the extra cash to make upgrades and repairs
>when needed.
>Last thing you should know about Bluebirds, it is at times easier &
>quicker to get a divorce then it is to sell a Bluebird, so know what
>you are getting into and be prepared to make the commitment because
>it is most of the time for the long haul. Good luck & happy hunting.
>John 88FC35 Louisville, KY/Jeffersonville, IN

--

Fraternal Regards,

Peter T. Arnold

Worthy Patron, Temple Chapter #53 {3rd Time}

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