Buyer's market

[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
>
>
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