appraisal of motorhome
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03-23-2008, 01:07
Post: #1
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appraisal of motorhome
I recently purchased a 2003 380 Bluebird motorhome. The odometer had
about 24,000 miles. (private sale) When I went to transfer the title I discovered that the title had a history of "no actual millage". My seller had a disclosure from the dealer he purchase the motorhome that the millage was accurate. I have since talked to prior owners and have discovered that the actual millage is probably between 50,000 and 70,000. I have hired counsel and I am considering an action against the dealer for fraudulent disclosure to my seller. I need to obtain an appraisal of the motorhome based on the fact that the millage is not accurate. Anyone have any thoughts on where I might go? |
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03-23-2008, 02:26
Post: #2
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appraisal of motorhome
I like Greg's idea the best.
Ernie Ekberg 83PT40 Livingston, Montana Create a Home Theater Like the Pros. Watch the video on AOL Home. |
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03-23-2008, 03:26
Post: #3
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appraisal of motorhome
Hi,John McGinnis is a bird owner and appraiser as well as forum member. I believe his phone number is 502-458-9855. Maury 80 fc 31'
-------------- Original message from "Hubert" |
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03-23-2008, 04:39
Post: #4
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appraisal of motorhome
I would only make an effort to prove that the dealer knowlingly made
the change and demand a refund with cost or an amount that would have adjusted your purchase decision baced on the odometer reading. Its about the damage the odometer made on YOUR actual purchase decision. I bet market value of a bus with 70,000 is close or the same as market value of a bus with 25,000. An apprisal is so off the mark here because the dealer could have one done on the two M380 milage senerios then there would be 4 appraisals and one actual market result (your purchase). "When the five dont jive" in court, (you can tell I followed the OJ thing) the money spent on appraisals will prove them non productive effort. If you ask for a high value the dealer will have 'what if' appraisals done at his expence anyway. I would look for published numbers to find a high recovery. use one of the car dealer NADA books to show % of value baced on miles (for several vehicles with a justification of the choice)and do the math for the judge. You can find formulas that make your recovery number high. Once you prove dealer spun the odom, All the judge needs is a formula to help you stick it to the dealer. Court action is too polite and expensive. Mix it up, have him served by a competitor, his nextdoor neighbor or xwife. Be visible with your discovery and assesment of potential recovery assets. Stay pissed until made whole. Was the dealers name BigBob? GregoryO'Connor 94ptRomolandCa --- In WanderlodgeForum@yahoogroups.com, "Hubert" wrote: > > I recently purchased a 2003 380 Bluebird motorhome. The odometer had > about 24,000 miles. (private sale) When I went to transfer the title I > discovered that the title had a history of "no actual millage". My > seller had a disclosure from the dealer he purchase the motorhome that > the millage was accurate. I have since talked to prior owners and have > discovered that the actual millage is probably between 50,000 and > 70,000. I have hired counsel and I am considering an action against > the dealer for fraudulent disclosure to my seller. I need to obtain an > appraisal of the motorhome based on the fact that the millage is not > accurate. Anyone have any thoughts on where I might go? > |
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03-23-2008, 05:12
Post: #5
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appraisal of motorhome
" I would only make an effort to prove that the dealer knowlingly made the
change and demand a refund with cost or an amount that would have adjusted your purchase decision baced on the odometer reading. Its about the damage the odometer made on YOUR actual purchase decision." I could not agree more. Although I am nor motor-home appraiser, I have a background in commercial real estate appraisal. An appraisal is an opinion of value. Quantifying the difference in value between coaches with 25,000 and 50,000 miles could be easily contested given all the other variables that play into an appraisal. If this dealer misrepresented the vehicle and you can prove it, his license and perhaps more importantly, reputation are at risk(assuming he needs these to conduct business). Hold his hand to the fire and he will likely settle to keep it quiet. If not, make a lot of noise! Be prepared to support you position. |
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03-23-2008, 05:39
Post: #6
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appraisal of motorhome
Note that NADA specifically says "ignore mileage for value computation on diesel
vehicles." For most of us, the ideal diesel vehicle will have, as part of its attributes, a history of having been run long and regularly. 24,000 and 50,000 are both "normal" mileages, and 70,000 isn't far out! Don Bradner 90 PT40 "Blue Thunder" Eureka, CA On 3/23/2008 at 3:39 PM Gregory OConnor wrote: >I would only make an effort to prove that the dealer knowlingly made >the change and demand a refund with cost or an amount that would have >adjusted your purchase decision baced on the odometer reading. Its >about the damage the odometer made on YOUR actual purchase decision. > >I bet market value of a bus with 70,000 is close or the same as market >value of a bus with 25,000. An apprisal is so off the mark here >because the dealer could have one done on the two M380 milage senerios >then there would be 4 appraisals and one actual market result (your >purchase). "When the five dont jive" in court, (you can tell I >followed the OJ thing) the money spent on appraisals will prove them >non productive effort. If you ask for a high value the dealer will >have 'what if' appraisals done at his expence anyway. > >I would look for published numbers to find a high recovery. use one >of the car dealer NADA books to show % of value baced on miles (for >several vehicles with a justification of the choice)and do the math >for the judge. You can find formulas that make your recovery number >high. Once you prove dealer spun the odom, All the judge needs is a >formula to help you stick it to the dealer. > >Court action is too polite and expensive. Mix it up, have him served >by a competitor, his nextdoor neighbor or xwife. Be visible with your >discovery and assesment of potential recovery assets. Stay pissed >until made whole. > >Was the dealers name BigBob? > >GregoryO'Connor >94ptRomolandCa > > > --- In WanderlodgeForum@yahoogroups.com, "Hubert" >wrote: >> >> I recently purchased a 2003 380 Bluebird motorhome. The odometer had >> about 24,000 miles. (private sale) When I went to transfer the title >I >> discovered that the title had a history of "no actual millage". My >> seller had a disclosure from the dealer he purchase the motorhome >that >> the millage was accurate. I have since talked to prior owners and >have >> discovered that the actual millage is probably between 50,000 and >> 70,000. I have hired counsel and I am considering an action against >> the dealer for fraudulent disclosure to my seller. I need to obtain >an >> appraisal of the motorhome based on the fact that the millage is not >> accurate. Anyone have any thoughts on where I might go? >> > > > >------------------------------------ > >Yahoo! Groups Links > > > |
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03-23-2008, 05:41
Post: #7
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appraisal of motorhome
You said this was a private sale and your PO bought it from a
dealer .. Proving odometer fraud is extremely difficult; dealers are less likely to commit the fraud because of the ramifications of getting caught. Following the paper trail is about the only way it can truly be proved, if you can find all the significant dates; initial purchase and every time it had dealer service & each time it actually transferred ownership, which could actually be months between actual transactions. It is most likely a case in which one of the previous owners had the odometer replaced due to equipment failure and had forgotten and or failed to report it when the vehicle was sold. You'd be surprised of the coaches that do have to have the odometer changed due to mechanical failure. Mechanically 30 â 50K miles is extremely difficult to detect if the vehicle had a proper preventive maintenance program & proper upkeep, & storage. An appraisal will let you know what the coach is worth during current market conditions, most appraisers do not dig too deep in the mechanics of the vehicle, did it start, ride, drive and do the all the major components function is about the extent. I will also consider maintenance schedules and service work, and system upgrades or coach improvements but the value difference between two vehicles with a mileage difference of 20 â 50K would be marginal in this class of vehicle. I truly believe the Actual Cash Value difference would be insignificant in your case. Now if the vehicle had 150K difference that would be different and that would be evident in other areas. If you had purchased it from the dealer yourself then I would go back to that dealer and protest but since you bought it privately your case is actually with your PO, your PO has the case with the dealer. IMO save yourself the legal expense, use those funds to buy fuel & enjoy the coach, because you may spend more all around then you could gain. You liked the coach, you bought it to enjoy so enjoy it and don't let the taste of someone else's failure, ruin your enjoyment. You're setting yourself up for high blood pressure and other issues. By all means report the odometer discrepancy when you sell. John McGinnis, Certified Appraiser, 88FC35, Louisville, KY |
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03-23-2008, 06:15
Post: #8
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appraisal of motorhome
Read the computer on the engine for miles and hours. It is not
linked to the dash on my 94 GregoryO'Connor 94ptRomolandCa --- In WanderlodgeForum@yahoogroups.com, "John McGinnis" > > You said this was a private sale and your PO bought it from a > dealer .. Proving odometer fraud is extremely difficult; dealers are > less likely to commit the fraud because of the ramifications of > getting caught. Following the paper trail is about the only way it > can truly be proved, if you can find all the significant dates; > initial purchase and every time it had dealer service & each time it > actually transferred ownership, which could actually be months > between actual transactions. It is most likely a case in which one > of the previous owners had the odometer replaced due to equipment > failure and had forgotten and or failed to report it when the vehicle > was sold. You'd be surprised of the coaches that do have to have the > odometer changed due to mechanical failure. Mechanically 30 â 50K > miles is extremely difficult to detect if the vehicle had a proper > preventive maintenance program & proper upkeep, & storage. An > appraisal will let you know what the coach is worth during current > market conditions, most appraisers do not dig too deep in the > mechanics of the vehicle, did it start, ride, drive and do the all > the major components function is about the extent. I will also > consider maintenance schedules and service work, and system upgrades > or coach improvements but the value difference between two vehicles > with a mileage difference of 20 â 50K would be marginal in this class > of vehicle. I truly believe the Actual Cash Value difference would > be insignificant in your case. Now if the vehicle had 150K > difference that would be different and that would be evident in other > areas. If you had purchased it from the dealer yourself then I would > go back to that dealer and protest but since you bought it privately > your case is actually with your PO, your PO has the case with the > dealer. IMO save yourself the legal expense, use those funds to buy > fuel & enjoy the coach, because you may spend more all around then > you could gain. You liked the coach, you bought it to enjoy so enjoy > it and don't let the taste of someone else's failure, ruin your > enjoyment. You're setting yourself up for high blood pressure and > other issues. By all means report the odometer discrepancy when you > sell. > John McGinnis, Certified Appraiser, 88FC35, Louisville, KY > |
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03-23-2008, 06:16
Post: #9
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appraisal of motorhome
--- In WanderlodgeForum@yahoogroups.com, "Hubert"
wrote: Do the all America thing throw more money at the problem them you will get in return.Lawyers will love you. Bob Loomas 1985 PT 36 > > I recently purchased a 2003 380 Bluebird motorhome. The odometer had > about 24,000 miles. (private sale) When I went to transfer the title I > discovered that the title had a history of "no actual millage". My > seller had a disclosure from the dealer he purchase the motorhome that > the millage was accurate. I have since talked to prior owners and have > discovered that the actual millage is probably between 50,000 and > 70,000. I have hired counsel and I am considering an action against > the dealer for fraudulent disclosure to my seller. I need to obtain an > appraisal of the motorhome based on the fact that the millage is not > accurate. Anyone have any thoughts on where I might go? > |
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03-23-2008, 07:27
Post: #10
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appraisal of motorhome
I agree that is generally a good way to get the data, although in my case I
know that 1) the computer has been replaced and 2) it stopped recording the mileage accurately a few thousand miles ago (since I've owned it). It records about 1 mile in 30, although it is irregular. Don Bradner 90 PT40 "Blue Thunder" Eureka, CA On 3/23/2008 at 5:15 PM Gregory OConnor wrote: >Read the computer on the engine for miles and hours. It is not >linked to the dash on my 94 > > > >GregoryO'Connor >94ptRomolandCa > >--- In WanderlodgeForum@yahoogroups.com, "John McGinnis" > >> >> You said this was a private sale and your PO bought it from a >> dealer .. Proving odometer fraud is extremely difficult; dealers >are >> less likely to commit the fraud because of the ramifications of >> getting caught. Following the paper trail is about the only way >it >> can truly be proved, if you can find all the significant dates; >> initial purchase and every time it had dealer service & each time >it >> actually transferred ownership, which could actually be months >> between actual transactions. It is most likely a case in which >one >> of the previous owners had the odometer replaced due to equipment >> failure and had forgotten and or failed to report it when the >vehicle >> was sold. You'd be surprised of the coaches that do have to have >the >> odometer changed due to mechanical failure. Mechanically 30 â 50K >> miles is extremely difficult to detect if the vehicle had a proper >> preventive maintenance program & proper upkeep, & storage. An >> appraisal will let you know what the coach is worth during current >> market conditions, most appraisers do not dig too deep in the >> mechanics of the vehicle, did it start, ride, drive and do the all >> the major components function is about the extent. I will also >> consider maintenance schedules and service work, and system >upgrades >> or coach improvements but the value difference between two >vehicles >> with a mileage difference of 20 â 50K would be marginal in this >class >> of vehicle. I truly believe the Actual Cash Value difference >would >> be insignificant in your case. Now if the vehicle had 150K >> difference that would be different and that would be evident in >other >> areas. If you had purchased it from the dealer yourself then I >would >> go back to that dealer and protest but since you bought it >privately >> your case is actually with your PO, your PO has the case with the >> dealer. IMO save yourself the legal expense, use those funds to >buy >> fuel & enjoy the coach, because you may spend more all around then >> you could gain. You liked the coach, you bought it to enjoy so >enjoy >> it and don't let the taste of someone else's failure, ruin your >> enjoyment. You're setting yourself up for high blood pressure and >> other issues. By all means report the odometer discrepancy when >you >> sell. >> John McGinnis, Certified Appraiser, 88FC35, Louisville, KY >> > > > >------------------------------------ > >Yahoo! Groups Links > > > |
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