The market is slow, and bad for selling. Mine has been up for 3 weeks, a few lookers, but most offers were not even close to wholesale or trade-in value. I had a Dealer that was nice enough to look up and give me the wholesale and trade-in value, so I know what it is, and he told me most folks that want to buy can't get financing as credit for TT's and 5'ers is tight. The closest 2 with the same options are priced $6K more than mine is, and that is before negotiating, and I am flexible. I am not in a position where I have to sell it tomorrow, but am moving to a DP, so when it sells, it sells, and I can start my search for the DP that fits my needs.
2007 Fleetwood Excursion 40E Cat C7 350 HP
2007 Chev 2500HD D/A Long bed CC
2011 Toyota Tundra
Gone but not forgotten, 2008 Jayco 299 RLS
Dealers can get access to financing, you can't so most people shopping used will go to dealers. People with cash will probably buy new. Just keep trying, maybe you will get lucky.
Tough market all around. The gentleman across the street from me passed away in February, '11...his widow has been trying to sell their DP ever since and finally moved it yesterday. It was a very nice unit, in immaculate shape, very reasonable miles, 11 years old, but she had a heck of a time getting rid of it and I don't know what she got for it but I think the new buyer got a very good deal. Money can also be hard to get. We are debt free and have great credit scores but when I mentioned to our banker about maybe getting an RV loan she immediately changed the subject and started talking about home equity loans...even they are harder to get than five years ago.
1) Priced right
2) Written well
3) Keywords in place to drive the activity
4) Photos, photos, photos...
5) Ad design
And, if you are confident of its condition, pay a nominal RV inspection fee so he can draft up his own analysis to add a bit of confidence factor to the deal.
we traded today. took a hit but I wasn't willing to wait on a sale. campers of all kinds are sitting in yards with 4 sale signs on them. I wasn't gonig to even try to move mine.
so while the trade was not wonderful, ow, they never are, I have moved forward and will have my new 5th wheel in about 10 days. so, it is give and take for sure when trying to sell a big ticket item.
You have to forget about what you think it may be worth. When I sold my MH last year I decided that I did not need two sitting in my yard like so many others, I priced it so that it would sell. The second looker took it in less than a week. Sure to me it was worth a lot more, but I had a new to me unit and did not need the old one and just did not want to get into a situation where you have it for a year and then finally you get the price down where it should have been to start with. Sure the buyer got a real good deal but so did I on the unit I bought. You don't buy RV's to make money.
Put it on e-bay, start it at $1, run the auction for 10 days, no reserve and sell it to the highest non-dead-beat-scammer-bidder i.e. bidder must have a good e-bay history, contact via e-mail or phone, or cancel their bid.
I sold our 1985 Southwind Class A, for $4,000 on e-bay. Took a beating but the dealer would not trade at all. It is gone and I have a new TT.
Earlier mention of a home equity loan reminded me of my experiences.
Back about six years ago I got a $25K home equity loan "line of credit" with little more than a signature.
About a year ago I changed banks, wanted the same $25K equity "line of credit" - I have no debt, and more than the $25K at the same bank in CD's and IRA's. They did a full-blown mortgage app, pictures of my home and an appraisal, stacks of paper to be signed. All at no cost to me, but SOMEBODY ran into some serious costs. I think the pendulum has swung too far toward caution in banking.
A friend of mine sold his truck camper and his sister's "C" by parking them, one at a time, at the end of his street that opened up on a heavily traveled road. "For Sale" sign and a phone number. Both sold in a week. Both buyers admitted that they weren't shopping for one at the time.
Retired and visiting as much of this beautiful country as I can.
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