1991 Sidney Clark Wanderlodge
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02-21-2006, 06:56
Post: #16
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1991 Sidney Clark Wanderlodge
Mike,
Thank you so much for taking the time to respond to my questions. I realize that a lot of it is opinion but it is educated opinion that you have paid for with experience. That has value to me. Michael Heavener Orlando, FL Gonnabe mbulriss <mbulriss@...> wrote: Michael, Good series of compound questions! Not sure I can answer them all, and many of them are personal opinion type answers - so remember, everybody's got one! I am going to attempt to answer your questions in order below, after repeating each of your questions, to help in readibilty. > Does the fact that it is a Royal conversion have an impact > on resale down the road plus or minus? My personal *opinion* is that the Royale conversions have usually been priced at a premium when they come on the market. > Who is Royal and are they considered on par with the factory > conversions? In general, I think the Royales can absolutely be considered at least on a par with the factory conversions. Sid's interior is really pretty. The operating systems are typical BB. As I recall, all his operating systems on his 91 were the same as on my 91. Royal, as they were originally known, was a high end bus converter. Here's a synopsis of the company history from an FMCA write-up at http://www.fmca.com/fmc2005/maymag/royale.asp: This coach conversion company actually began in 1977 as Royal Motor Coach. It was founded and operated by George and Mary Cornish of Elkhart, Indiana. Monaco Coach and a group of investors purchased the company in 1989, and Monaco became sole owner in 1994. Royal Motor Coach carried a reputation for creating luxurious custom conversions for its customers. The company accommodated a variety of clients over the years, among them a surgeon whose coach had an operating room in the rear, and a dog fancier who needed space for grooming and showing purebred canines. When Monaco purchased the company, it added an "e" to the name. The first motorhome to carry the Royale Coach name was sold at the March 1990 FMCA convention in Tampa, Florida. The Elkhart company was making only 15 units each year in 1989 when it was purchased, and one of the early aims of the new owners was to increase production without decreasing quality. Production is up to approximately 24 units per year now, and coach number 425, a pre-sold unit, will be completed this month (as written in May 2005). >How do you go about finding a baseline price to start >working from to get to a value wholesale/retail at todays market. >I have looked on the various sites and I am seeing asking price >spreads of 40K+ for what appears from the adds to be similar >if not equal units. LOTS of market research is the best answer here. After enough research and time in the market, you will recognize a deal when you see one. Look at vintagebirds.com, birdconnection.com, RVtrader.com, busforsale.com, web search on Wanderlodge, etc, etc. In the end it is Economics 101: what a willing buyer will pay to a willing seller for a particular good or service (at any point in time). IMO, the birdconnection prices usually start out high and then come down to meet the true market. You can look at NADA, but my personal opinion is remember who puts that book out - dealers. Since they deal with trade-ins, they want the book values low. The market will dictate the value more than the NADA, IMO. The NADA usually has a base value stated for the Birds that is less than market, again - IMO! You have to add in all sorts of options from the NADA book to get closer to actual market value. This seems to me to be where the process can go awry, since the list of options in the NADA are typically standard items on the Wanderlodges, and people forget to add the book 'options' back in to the base. As an example from my personal very recent history, the NADA guides have a base value in the low $30k range for a 83 PT40 currently. That's what a dealer would offer you on trade. As a buyer, IMO you will not find a quality, ready to go places, 83 PT40 for anywhere near that price. A re-builder, yes; a desperation sale (with needs), maybe; quality/ready to go, no. Caveat to readers - all of the foregoing is IMO. If you have another opinion, you are free to share it - just don't bother to attack mine. >It also appears that since the price of fuel has gone up >the market has gone soft on prices, your thoughts? I can not personally dispute your theory. I think that has caused some soft selling out there in the re-sale market. The price elasticity of the lower end of the market (resale) is tighter than on the high end (new), especially with all the baby boomers coming into the market. My friends selling new Marathon conversions ($1.3M and up) report very strong sales over the past two years. In reality, if you are playing with these 'toys' in this market, cost of fuel probably is not/should not be a consideration - or you should not be in this market. Actually that point should be the same in the new or used market. Ironically however, I believe your point on fuel has hurt the resale market. > What about insurance and routine upkeep what are realistic >numbers to budget per year? I will use the coach monthly on >weekends with a few longer trips mixed in during the year.. Ditto on usage - I still maintain full time employment. I think insurance and average budget numbers vary widely. I suppose my fixed monthly carrying cost is about $350 per month outside of purchase price, unexpected repairs, fuel cost. I get to that number as follows on my 1991 WB40: Approx $100/mo insurance (high stated value, low deductible/high liability - does not include the umbrella policy I also carry); approx $180/mo storage (inside garage with electricity - thanks homeowners association! - but keeps it dry, out of the sun and ready to go); and I'm guessing an average of $50-75/month avg. license costs, normal maint and small repair/upgrade of items (but I do my own maint and use synthetics throughout which may raise my average maint costs, but is is less than paying someone do do every oil/filter change, lube, etc. and I know it was done right, no pan bolts stripped, etc.) Variable costs like purchase cost financing, fuel usage, park expenses, etc. are based on personal usage, area of the country. > I have owned and airplane and a 36 foot house boat so I >have some idea of the cost of toys. Good - you should be realistic and perfectly suited to one of these toys then! >I live in Florida so I guess I need to look into what type of >taxes are involved with owning a coach. Excellent point - often overlooked I bet. This absolutely should be a consideration for any buyer. I live in a relatively benign tax area (Texas) so notice I did not mention taxes in my carrying costs. This could be a sizable monthly budget number depending where you live. As I recall, there is a member on the forum right now (in Utah? perhaps) selling his coach because he can't justify the $100/month in taxes. >Does it make sense to incorporate in another state? >If so which ones are most favorable? Depends on your personal situation regarding purchase price, sales taxes, licensing fees, property taxes, and appetite for risk (depending on your resident state's approach and enforcement of such things as out-of-state registrations). Montana LLCs seem to be a favorite spot for non-resident registrations. I think we have numerous members on the forum with such things. On the other hand, the nationwide Escapees club is based in Livingston, TX and many of their members keep mail forwarding 'residences' at that address. Great question! Hope the responses help! Happy hunting. You should look at Sid's coach..... Mike Bulriss 1991 WB40 "Texas Minivan" San Antonio, TX --- In WanderlodgeForum@yahoogroups.com, Michael Heavener > > Mike > Does the fact that it is a Royal conversion have an impact on resale down the road plus or minus? Who is Royal and are they considered on par with the factory conversions? Are there issues with documentation with a Royal conversion? How do you go about finding a baseline price to start working from to get to a value wholesale/retail at todays market. I have looked on the various sites and I am seeing asking price spreads of 40K+ for what appears from the adds to be similar if not equal units. It also appears that since the price of fuel has gone up the market has gone soft on prices, your thoughts? > What about insurance and routine upkeep what are realistic numbers to budget per year? I will use the coach monthly on weekends with a few longer trips mixed in during the year.. > I have owned and airplane and a 36 foot house boat so I have some idea of the cost of toys. I would just like to hear from someone first hand what they are finding. I live in Florida so I guess I need to look into what type of taxes are involved with owning a coach. Does it make sense to incorporate in another state? If so which ones are most favorable? > Thanks for any help anyone can be. > Michael Heavener > 407-383-7796 > Orlando, FL Gonnabe > > mbulriss <mbulriss@...> wrote: > Michael, > > Welcome to the forum. Sid's coach is one of the relatively rare > Royale conversions of a Wanderlodge from the early 90s. It is a side > isle bath model which makes for a very private 'master' bedroom. The > interior was very elegant with rich hardwoods. It is a really nice > coach. Like most coaches, it had a few things that needed fixing, but > nothing major that I know of. Ralph Fullenwider did a PDI for another > member, so he may have more particulars to add, but this is a nice > coach. Sid was a miantanence tech for the USPS and he was always > working on his coaches, so I expect the running gear to be in good > shape. For some people, it is a negative that the Royale conversions > did not have a roof top goat rail, aluminum diamond plate on the roof > or a ladder to access the roof. Other than that, it was a > Wanderlodge with a rich interior and the interior amenitites were > similar to my 91 Wanderlodge. Maybe Ralph will add some more to the > story. Someone is going to get a nice Bird. > > Mike Bulriss > 1991 WB40 "Texas Minivan" > San Antonio, TX > > > > --- In WanderlodgeForum@yahoogroups.com, "Patricia" > wrote: > > > > Hello Forum members, > > My name is Michael Heavener and I have been reading and educating > > myself by way of this forum for several weeks. I do nor currently > > own a coach but the time is drawing close for me to jump in. This > > group has been very informative thank you for the education so far. > > I have been looking at BB and Prevost interestingly I have not been > > able to find a Prevost forum that is anywhere close to as active and > > informative as yours. Which at this point is causing me to lean more > > towards a BB because of the access to knowledge. > > > > With that said I have an interest in the 1991 Wanderlodge that Adam > > Clark is selling for his deceased father. Is there anyone on the > > forum that is familar with this particular coach and if so would you > > be willing to share what you know with me? If not what do I need to > > be carefull of on this year and model and what questions do I need > > to ask. I have looked at the buyers check list but I am sure that > > there are other things that I need to know. I am no mechanic but do > > know which end of a screwdriver to hold. > > I am not looking to be full time I am looking for something for > > Myself, wife and 15 year old daughter to do some sightseeing in. > > If you do not feel comfortable sharing information on the forum and > > want to email me directly that is fine heavener328@ > > This is my first post of any type so if I am not following the rules > > someone please let me know. > > Thank you > > Michael Heavener > > Orlando, Fl Wannabe > > > > > > > > > SPONSORED LINKS > Recreational vehicles Wanderlodge Automotive maintenance Recreational vehicle dealer Used recreational vehicles Automotive radiators > > --------------------------------- > YAHOO! GROUPS LINKS > > > Visit your 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! Terms of Service. > > > --------------------------------- > > > > > > [Non-text portions of this message have been removed] > SPONSORED LINKS Recreational vehicles Wanderlodge Automotive maintenance Recreational vehicle dealer Used recreational vehicles Automotive radiators --------------------------------- YAHOO! GROUPS LINKS Visit your 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! Terms of Service. --------------------------------- [Non-text portions of this message have been removed] |
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Messages In This Thread |
1991 Sidney Clark Wanderlodge - Patricia - 02-19-2006, 13:00
1991 Sidney Clark Wanderlodge - mbulriss - 02-19-2006, 16:24
1991 Sidney Clark Wanderlodge - Ralph L. Fullenwider - 02-19-2006, 16:58
1991 Sidney Clark Wanderlodge - Robert Johannesen - 02-19-2006, 17:05
1991 Sidney Clark Wanderlodge - rrob@... - 02-19-2006, 17:28
1991 Sidney Clark Wanderlodge - David Heibult - 02-20-2006, 01:01
1991 Sidney Clark Wanderlodge - Robert Johannesen - 02-20-2006, 08:43
1991 Sidney Clark Wanderlodge - randydupree2000 - 02-20-2006, 11:32
1991 Sidney Clark Wanderlodge - Michael Heavener - 02-20-2006, 15:33
1991 Sidney Clark Wanderlodge - Michael Heavener - 02-20-2006, 15:52
1991 Sidney Clark Wanderlodge - David Brady - 02-20-2006, 16:41
1991 Sidney Clark Wanderlodge - erniecarpet@... - 02-20-2006, 20:08
1991 Sidney Clark Wanderlodge - John - 02-20-2006, 21:20
1991 Sidney Clark Wanderlodge - mbulriss - 02-21-2006, 05:02
1991 Sidney Clark Wanderlodge - mbulriss - 02-21-2006, 06:33
1991 Sidney Clark Wanderlodge - Michael Heavener - 02-21-2006 06:56
1991 Sidney Clark Wanderlodge - randydupree2000 - 02-21-2006, 14:28
1991 Sidney Clark Wanderlodge - David Brady - 02-21-2006, 17:04
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