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Buyer's market
04-16-2008, 03:53
Post: #31
Buyer's market
Bruce,

I think my coach is the cheapest 2000 LXi on the market right now. It's on traderonline.com at $249K.

And for Wanderlodge forum members..it's$245K. Of course you may have already shopped mine and found you wanted something else in your coach.
BradBarton00LXiDFW bbartonwx@...




To: WanderlodgeForum@yahoogroups.com
From: birdshill123@...
Date: Wed, 16 Apr 2008 14:57:43 +0000
Subject: [WanderlodgeForum] Re: Buyer's market


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



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04-16-2008, 04:48
Post: #32
Buyer's market
I disagree: Let us suppose you have a unit for sale right now. Has
been on the market for more than 8 months at say $250,000. You have
not reduced the asking price but are wanting more than say $230,000.
There have been no offers that you would consider. Some one comes
along and offers you $190,000. Are you saying to wait for the markets
to recover? What exactly will happen to make it worth more than your
bottom line? Will fuel suddenly become $2.00 a gallon or even $3.00?
Will the housing market take off again in the next year? If you
answer yes to any of the above then maybe one should be buying
futures or doing some other kind of investing to make some real
money. If you were asking $250,000 8 months ago then your price
should now be about $235,000 ( 8 months depreciation). Even the
bottom line is off now and getting very close to the $190 offer. What
will happen if your guess as to the markets is wrong and it is a year
before we see any recovery? Now your units has depreciated another
10%. Neither you nor I know the future but the bottom is still to
come . The R word is now for real. It will be interesting to revisit
this subject 12 months from now!


Bruce

1988 FC35
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04-16-2008, 05:04
Post: #33
Buyer's market

Not more, but less of a loss. You'll get closer to asking price in

a good economy. Selling a motorhome takes time, one shouldn't

rush into price lowering behavior. Like selling a high-end luxury

home, buyers have particular needs and wants, there's a buyer

out there who wants just the feature set that your BB provides.

The seller with the patience to wait for this buyer will net a better

deal for himself. If you don't "need" to sell now, then don't lower

you price too soon. Buyers will smell blood.



David

'02 LXi, NC



birdshill123 wrote:


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





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04-16-2008, 06:01
Post: #34
Buyer's market

You're right Bruce. A seller should make a timely depreciation price

adjustment, if not in print then in their own head, and balance the need

to sell with the patience required to locate a compatible buyer.



David

'02 LXi, NC



birdshill123 wrote:


I disagree: Let us suppose you have a unit for sale right now.
Has

been on the market for more than 8 months at say $250,000. You have

not reduced the asking price but are wanting more than say $230,000.

There have been no offers that you would consider. Some one comes

along and offers you $190,000. Are you saying to wait for the markets

to recover? What exactly will happen to make it worth more than your

bottom line? Will fuel suddenly become $2.00 a gallon or even $3.00?

Will the housing market take off again in the next year? If you

answer yes to any of the above then maybe one should be buying

futures or doing some other kind of investing to make some real

money. If you were asking $250,000 8 months ago then your price

should now be about $235,000 ( 8 months depreciation). Even the

bottom line is off now and getting very close to the $190 offer. What

will happen if your guess as to the markets is wrong and it is a year

before we see any recovery? Now your units has depreciated another

10%. Neither you nor I know the future but the bottom is still to

come . The R word is now for real. It will be interesting to revisit

this subject 12 months from now!



Bruce



1988 FC35





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Checked by AVG. Version: 7.5.519 / Virus Database: 269.23.0/1379 - Release Date: 4/15/2008 6:10 PM
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04-16-2008, 07:44
Post: #35
Buyer's market
John,Here you indicate you would offer 50% of what is being asked...bit differnet than last comment. Regardless I have often thought I should had offered my bird to you when we talked about your search.You truly seem to be the right kind of person to own a bird,i.e. pretty handy with repairs etc. and render tender care. maury 80FC 31'
-------------- Original message from "bubblerboy64" : --------------




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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04-16-2008, 09:00
Post: #36
Buyer's market
Just to give you an idea of how bad the market is right now: National is
bankrupt, Travel
Supreme is bankrupt. Both Fleetwood and Winnie have laid of many workers, Alpine
Coach laid off all their workers yesterday. More to do the same I am sure.

Bruce
1988FC35
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04-16-2008, 09:36
Post: #37
Buyer's market
And just think, the worst is yet to come! The rest (the bulk?) of
those bogus mortgages still have their rates yet to be re-set in the
next three quarters before they are all washed out of the financial
system. Going be some great buying opportunities for lots of stuff,
but a real bad time for anyone selling virtually anything.

Mike Bulriss
1991 WB40 "Texas Minivan"
San Antonio, TX

-- In WanderlodgeForum@yahoogroups.com, "birdshill123"
wrote:
>
> Just to give you an idea of how bad the market is right now:
National is bankrupt, Travel
> Supreme is bankrupt. Both Fleetwood and Winnie have laid of many
workers, Alpine Coach laid off all their workers yesterday. More to do
the same I am sure.
>
> Bruce
> 1988FC35
>
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04-16-2008, 09:38
Post: #38
Buyer's market
Our Bird is titled MotorHome "RECREATIONAL VEHICLE"
$$$ are not returned when having this much fun,
Baseball, Football games, Golf, Fishing etc. are fun
RECREATIONAL things to do. No $$$ are returned after the enjoyment.

We just returned from an 8 month trip , We could not afford this
trip without the "Recreational Vehicle". Nor would we want to
travel for 8 months without our Bird. We also visited Disney World,
No $$ returned at the exit gate.
This is great fun,, enjoyment, a hobby or way of life.
We would be happy to recover a portion of the $$ spent on this condo
on wheels.

Bill 88 FC NOT for sale at any price.




--- In WanderlodgeForum@yahoogroups.com, "birdshill123"
wrote:
>
> Just to give you an idea of how bad the market is right now:
National is bankrupt, Travel
> Supreme is bankrupt. Both Fleetwood and Winnie have laid of many
workers, Alpine Coach laid off all their workers yesterday. More to
do the same I am sure.
>
> Bruce
> 1988FC35
>
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04-16-2008, 09:42
Post: #39
Buyer's market
Yep,

every mortage owner has a few cars, truck, maybe a boat, or RV or
some other fun thing with payments, These type of loans or equity
loans are still under the radar.
It's not over or has it hit bottom Yet.

Bill 88 FC Michigan

--- In WanderlodgeForum@yahoogroups.com, "mbulriss" <mbulriss@...>
wrote:
>
> And just think, the worst is yet to come! The rest (the bulk?) of
> those bogus mortgages still have their rates yet to be re-set in the
> next three quarters before they are all washed out of the financial
> system. Going be some great buying opportunities for lots of stuff,
> but a real bad time for anyone selling virtually anything.
>
> Mike Bulriss
> 1991 WB40 "Texas Minivan"
> San Antonio, TX
>
> -- In WanderlodgeForum@yahoogroups.com, "birdshill123"
> wrote:
> >
> > Just to give you an idea of how bad the market is right now:
> National is bankrupt, Travel
> > Supreme is bankrupt. Both Fleetwood and Winnie have laid of many
> workers, Alpine Coach laid off all their workers yesterday. More to
do
> the same I am sure.
> >
> > Bruce
> > 1988FC35
> >
>
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04-16-2008, 09:50
Post: #40
Buyer's market
Better than twin beds!
Pete Masterson
'95 Blue Bird Wanderlodge WBDA 42
El Sobrante CA
"aeonix1@mac.com"


On Apr 16, 2008, at 7:59 AM, Dorn Hetzel wrote:
Bruce,

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


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