D.R.Bain
Michigan
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Joined: 11/14/2006
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Modracer wrote:There is a 2007 Monaco Executive 45ft listed on Demartini's website right now for $36,000 below low retail. That tells you something.
NADA
That it was over priced to begin with?  
Dan, 2007 Damon Daybreak 3270
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Dp4me
Southern Ca
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Joined: 08/20/2004
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tropicalgeezer wrote:There are many different units on my shopping list, and I'm in no hurry. We won't see any significant drop in fuel prices, so many used units are going to go begging.
My plan is to simply offer what my budget can handle....around 100K, and I'm going to look for MH's being offered for 180 to 200k.
Sooner or later, someone will be motivated (read desperate) enough to take my money.
Good luck on that one!! You are going to look at coaches 180K-200k and offer 100k? Why not look at 300k coaches and offer 100k? Coaches are soft no doubt, but your offer is below the belt and unrealistic. If my coach was listed at 200k and you wasted my time with an offer of 100k, you would get an earful!!
2004 Country Coach 40'
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tatest
Oklahoma
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Joined: 05/14/2005
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Book values on motorhomes do not reflect a real market, even though some dealers use them as a guide. The motorhome market is so small that NADA has to apply a depreciation formula to original MSRP to put numbers in the book.
If you are selling, ask what you want for it, see if you get offers. Lower the price if you get no offers, expect buyers to negotiate. Know what you NEED to get, what is your bottom line.
If you are buying, offer what you want to pay. Be prepared to negotiate, know the most you will pay, if it is something you must have. Otherwise, be prepared to walk away, and go look for another one.
Tom Test
Itasca Spirit 29B
2001 Ranger Edge
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tropicalgeezer
Northern California
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Joined: 09/28/2006
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so I'll get an earful.....so what? The point is that the only way to really know where the market is, is to start at a point far below the possibility and work from there. Sure, if it's a unit I'd really like to get, I'll be prepared for negotiations, but if a low ball offer annoys someone to the point of giving me an "earful," then I wouldn't want to have any dealings with them anyway.
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OleRVer
Orlando,Fl.
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Joined: 04/06/2004
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I read it as not so much of an annoyance of low balling, but in wasting someone's time.........
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fourfurz
Memphis
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Joined: 03/23/2008
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tropicalgeezer wrote:so I'll get an earful.....so what? The point is that the only way to really know where the market is, is to start at a point far below the possibility and work from there. Sure, if it's a unit I'd really like to get, I'll be prepared for negotiations, but if a low ball offer annoys someone to the point of giving me an "earful," then I wouldn't want to have any dealings with them anyway.
I would agree to this method. We sold a house in February where we got a lot of "low ball" offers. As long as the person who was dealing was a qualified buyer, I was willing to listen. There were some lame brains without a pot to pee in nor a window to throw it out of who I didn't give the time of day to, but when the first actual person who could get a mortgage started dealing with us, I made sure to listen. They eventually bought the house for 20% off the asking price.
Bottom line: It doesn't hurt to offer a low ball price as long as you have the bucks to back it up and are willing to deal in earnest.
2007 Mountain Aire 4528
2006 CRV SE
Based in Memphis area
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fourfurz
Memphis
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Joined: 03/23/2008
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tropicalgeezer wrote:so I'll get an earful.....so what? The point is that the only way to really know where the market is, is to start at a point far below the possibility and work from there. Sure, if it's a unit I'd really like to get, I'll be prepared for negotiations, but if a low ball offer annoys someone to the point of giving me an "earful," then I wouldn't want to have any dealings with them anyway.
I would agree to this method. We sold a house in February where we got a lot of "low ball" offers. As long as the person who was dealing was a qualified buyer, I was willing to listen. There were some lame brains without a pot to pee in nor a window to throw it out of who I didn't give the time of day to, but when the first actual person who could get a mortgage started dealing with us, I made sure to listen. They eventually bought the house for 20% off the asking price.
Bottom line: It doesn't hurt to offer a low ball price as long as you have the bucks to back it up and are willing to deal in earnest.
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Dp4me
Southern Ca
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Joined: 08/20/2004
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Lowball is one thing, 25%-30% is lowball, not 50%. That is just wasting peoples valuble time. No one unless the vehicle is way over inflated is going to accept 50% Just think about it. Asking 50k for a Lexus, will you accept 25k? Asking 300k for a house, will you accept 150k? I sell quite often and have made plenty of lowball offers, but 50% is ridiculous! I would be livid if someone called, asked questions, got directions to my location, came to inpsect, test drove my coach, THEN asked if I would accept an offer of 50% off my asking price. It would get ugly real quick!
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tropicalgeezer
Northern California
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What do you mean "ugly?" Would you hit me? I've heard of instances where someone bought 50% off asking, when there are just no other offers, as I think is likely, given the economy and energy costs. And......I hope people like you will state in their ad that low ball offers will result in ugliness. :-)
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Dp4me
Southern Ca
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Joined: 08/20/2004
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No, I would not hit you but I would tell you to get out of my sight and leave my property as I would consider you a waste of my time and energy. Go ahead and make your 50% offers, what comes around goes around. It's apparent you are not in touch with reality, and I hope you will tell buyers that you are not a serious buyer and not waste their time!!
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