Buyer's market

[erniecarpet@...]

When we were in the 2 bird club, years ago, we did not use our FC as it was for sale. i had to fix a lot of little things cause it just sat in the field beside our home. These machines need to be used.

Ernie Ekberg
83PT40
Livingston, Montana

---

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[Steve Pfiffner]

Gregory, thanks for your efforts in posting "finds" here, I followed
up on that
'89 SP-36 you posted the info on last week but I was not fast enough.
I know this
will put a lump in many owners throats it actually sold for
33K!!!!!!!!!

Steve
Wannabee


----Original Message----
From: Gregoryoc@...
Date: 04/16/2008 0:01
To:
Subj: [WanderlodgeForum] Re: Buyer's market

Its a smart sellers market also. With prices realistic it is a
goodtime to move up to another unit. Too many folks want to score on
their sale and score on their new purchase.

ie; If a 88FC ower sold it 3 years ago at $45,000 and moved up to a
99LXI for $260,000 moveup cost would have been 215,000. todays market
that cost with a $22,000 sale and a 150,000 purchase would be
128,000. Even if you are getting out of RV'ing your money will go
farther for the next toy.

I bet the first folks to show good prices are the dealers.



He who dies with the most miles traveled wins.

GregoryO'Connor
94ptRomolandCa


------------------------------------

Yahoo! Groups Links

[David Brady]

This is sorta like the current "mark to market" accounting rules

problem. If there's no market, it doesn't mean that the unit isn't

worth anything. It just means that you should wait till there's a

market before you sell. We're in a recession, no one's buying

anything luxury related.



David

'02 LXi, NC



bubblerboy64 wrote:

I would appear to me that nothing is selling. If you check e-bay,(
and

it could be argued that e-bay is a test of the real price point on most


any thing and especially vehicles)you will see what a BB is worth in

todays market. If I was in the market I would offer 50% of what is

being ask for many of these BB's. Anyone think I wouldn't walk away

owning one? Problem is I'd be owning two of them which is one of the

things stopping me, plus the fact that I have all that I need and feel

pretty attached to my ole buddy "The Napper". So I'm with Jon. I

ain't much worried about it. I knew from the minute I considered this

a couple years ago that I wasn't buying an investment (money

investment). As to investment in fun and interest? Worth every dime

and then some. Look at what is happening with the stock market. At

least I can feel and touch and enjoy the money I am lossing on the

Napper.



John Heckman

central Pa

1973 FC



>

> Mine is still listed at it's original price (but I am negotiable)!!

>

> Kevin McKeown

> Yorba Linda, CA

> 1986 38' PT (For Sale)

>

>

>

> **************It's Tax Time! Get tips, forms and advice on
AOL Money

&

> Finance. (http://money.aol.com/tax?NCID=aolcmp00300000002850)

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[Gardner Yeaw]

I called on the '89 as well. The dealer had already sold it but he
remarked that he realized he had priced it way too low. I would
suspect he got many calls on Saturday and had tons more waiting on
his answering machine on Monday.

As far as price recovery, I doubt it will happen to any appreciable
extent. The folks who buy the vintage ones often use equity loans.
The depression in the housing market has dried up a lot of that
equity. It will be a long time before many buyers will be back in a
financial position to consider the costs of owning and running one of
these. There are still people who can pay cash, but even that has
taken on a new meaning considering the current economic outlook.


Gardner
78FC33

--- In WanderlodgeForum@yahoogroups.com, Steve Pfiffner
wrote:
>
> Gregory, thanks for your efforts in posting "finds" here, I
followed
> up on that
> '89 SP-36 you posted the info on last week but I was not fast
enough.
> I know this
> will put a lump in many owners throats it actually sold for
> 33K!!!!!!!!!
>
> Steve
> Wannabee
>
>
> ----Original Message----
> From: Gregoryoc@...
> Date: 04/16/2008 0:01
> To:
> Subj: [WanderlodgeForum] Re: Buyer's market
>
> Its a smart sellers market also. With prices realistic it is a
> goodtime to move up to another unit. Too many folks want to score
on
> their sale and score on their new purchase.
>
> ie; If a 88FC ower sold it 3 years ago at $45,000 and moved up to
a
> 99LXI for $260,000 moveup cost would have been 215,000. todays
market
> that cost with a $22,000 sale and a 150,000 purchase would be
> 128,000. Even if you are getting out of RV'ing your money will
go
> farther for the next toy.
>
> I bet the first folks to show good prices are the dealers.
>
>
>
> He who dies with the most miles traveled wins.
>
> GregoryO'Connor
> 94ptRomolandCa
>
>
> ------------------------------------
>
> Yahoo! Groups Links
>

[Dorn Hetzel]

We paid 18 cash for our 77 and have put about 8 into repairs with probably 5 more to go over time.

I don't feel bad at all about the 31 total.

I chose a model that old specifically so I afford to pay cash, but I don't regret it at all, the coach feels tremendously solid


Dorn Hetzel
77FC35
Hogansville, GA

On Wed, Apr 16, 2008 at 9:59 AM, Gardner Yeaw <"gcyeaw@optonline.net"> wrote:

I called on the '89 as well. The dealer had already sold it but he

remarked that he realized he had priced it way too low. I would

suspect he got many calls on Saturday and had tons more waiting on

his answering machine on Monday.



As far as price recovery, I doubt it will happen to any appreciable

extent. The folks who buy the vintage ones often use equity loans.

The depression in the housing market has dried up a lot of that

equity. It will be a long time before many buyers will be back in a

financial position to consider the costs of owning and running one of

these. There are still people who can pay cash, but even that has

taken on a new meaning considering the current economic outlook.



Gardner

78FC33



--- In "WanderlodgeForum%40yahoogroups.com", Steve Pfiffner

wrote:

>

> Gregory, thanks for your efforts in posting "finds" here, I

followed

> up on that

> '89 SP-36 you posted the info on last week but I was not fast

enough.

> I know this

> will put a lump in many owners throats it actually sold for

> 33K!!!!!!!!!

>

> Steve

> Wannabee

>

>

> ----Original Message----

> From: Gregoryoc@...

> Date: 04/16/2008 0:01

> To: <"WanderlodgeForum%40yahoogroups.com">

> Subj: [WanderlodgeForum] Re: Buyer's market

>

> Its a smart sellers market also. With prices realistic it is a

> goodtime to move up to another unit. Too many folks want to score

on

> their sale and score on their new purchase.

>

> ie; If a 88FC ower sold it 3 years ago at $45,000 and moved up to

a

> 99LXI for $260,000 moveup cost would have been 215,000. todays

market

> that cost with a $22,000 sale and a 150,000 purchase would be

> 128,000. Even if you are getting out of RV'ing your money will

go

> farther for the next toy.

>

> I bet the first folks to show good prices are the dealers.

>

>

>

> He who dies with the most miles traveled wins.

>

> GregoryO'Connor

> 94ptRomolandCa

>

>

> ------------------------------------

>

> Yahoo! Groups Links

>

[birdshill123]

Sorry Greg but your math is flawed. Maybe too much time bouncing in
that dump truck. Anytime you are doing a math equation it is the
inpput data that is most important. GIGO. You did not factor the normal
depreciation from 3 years ago. Even if fuel were $2.00 and BB prices
were not in the tank what do you think the prices would be on those 2
units?? Try doing your math using 10% annual depeciation on both. I
suppose with BB's that that certain units would hold their value better
than others. Older WB's would not be tanked as much as the LXI,s. Not
every one has $150 to $300 grand to buy a MH. Or they cannot qualify
for a loan. But when you are selling a BB at say $80,000 there are more
buyers. Regardless there will be lots of bargains very soon. We are in
the market for a premium LXI. 98 to 02. The asking prices have not
really dropped yet but I know of 3 units that have been for sale for 7
to 12 months. BTW : Our 88 FC is not for sale. We want to join the 2
BB's club.


Bruce
1988 FC35

[Dorn Hetzel]

Bruce,

Not that they aren't lovely and amazing, but how will you use two?

Regards,

Dorn Hetzel
77FC35
Hogansville, GA

On Wed, Apr 16, 2008 at 10:57 AM, birdshill123 <"birdshill123@yahoo.com"> wrote:

Sorry Greg but your math is flawed. Maybe too much time bouncing in

that dump truck. Anytime you are doing a math equation it is the

inpput data that is most important. GIGO. You did not factor the normal

depreciation from 3 years ago. Even if fuel were $2.00 and BB prices

were not in the tank what do you think the prices would be on those 2

units?? Try doing your math using 10% annual depeciation on both. I

suppose with BB's that that certain units would hold their value better

than others. Older WB's would not be tanked as much as the LXI,s. Not

every one has $150 to $300 grand to buy a MH. Or they cannot qualify

for a loan. But when you are selling a BB at say $80,000 there are more

buyers. Regardless there will be lots of bargains very soon. We are in

the market for a premium LXI. 98 to 02. The asking prices have not

really dropped yet but I know of 3 units that have been for sale for 7

to 12 months. BTW : Our 88 FC is not for sale. We want to join the 2

BB's club.



Bruce

1988 FC35

[birdshill123]

Those market rules apply to asssets that either appreciate or hold
their value; homes, antiques, collector cars, etc. Vehicles such as a
BB are depreciating assets. hanging on will not get you a better price
as the unit is depreciating daily.


Bruce
1988 FC35

[birdshill123]

One will be simply for fondling!!! We have an 88FC and an 02 Bounder
DP. The 88 is used mostly for Mexico travel as the Bounder would fall
apart on Mexican roads. The Bounder is used for travel in the rest of
North America. When we return from a trip in the BB we are constantly
commenting on the lack of quality and the typical RV construction in
the Bounder. We were thinking of buying a new Revolution or an Allegro
bus with 4 slides. Went to both factories and although they are built
well by normal RV standards we felt they were lacking. AT Q we looked
at a few WB's and an LXI. For less $ than the 2 aforementioned units we
can get a BB. This will be the last MH I am buying. It has to last.
Cannot think of anything other than a Bird that will meet my
requirements.


Bruce
1988 FC35

[Rob Robinson]

Scott you are absolutely right.....it's a market for buyers.Buy Bye Bluebird has sold eleven since Nov 07 and many of them were never listed because they sold to customers who had a request in for that particular coach. For example wants for "wood cabinetry" or "fixer upper price range" etc etc. To give you an idea of what is moving here's the lis. It appears to be all across the board.

87 PT 40

89 SP 36

93 WB

2003 LX Slide

95 43WB

2003 WD

78 FC

91 WB

2000 LX

87 PT 40

97 43WB

On 15/04/2008, <b class="gmail_sendername">Scott Forman[/b] <"sforman@renasant.com"> wrote:

I was just looking through Vintage Birds, and virtually every ad on
there has a "reduced" price. Now, granted, many of them were asking
prices that were (in my opinion) high anyway, but they are certainly

headed in the right direction. Good for the wannabe's, not too good
for us owners. Glad I am not looking to sell.

Scott Forman
86 PT38
Memphis

--
Rob, Sue & Merlin Robinson

94 WLWB