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02-05-2014, 03:22 PM
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#1
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Site Sponsor
Join Date: Sep 2013
Posts: 31
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About to check out two 2619's
One is an hour away at an RV dealer, with cosmetic hail damage, 2009 priced $15K and one is at a local TM dealer, 2005 good shape inside and out with a tentative price of about $13K(this will depend on several factors once the TM dealership gets a good look at all the systems).
A quick look-up on NADA values says that the 2009 is priced only a couple thousand above average retail, which is consistent with our state. I've been watching prices for almost a year now. But the dealership knows next to nothing about the unit or TM in general. I know a fair amount but things like age of the tires and salvage/standard titling were things the dealer couldn't tell me. We plan to go up to see that one on Saturday and hopefully he will have dug up that info.
The NADA value for the 2005 is only about $6500. I do know that this dealership is very well known for including everything in the price to get the TM operating like new. Their reputation is stellar both before and after a sale. But at almost twice the average retail? The dealer wants me to put down a refundable deposit for right of first refusal. I won't get a chance to look at it for two weeks. But I have a feeling that even if I love it and think the condition is fantastic, I wouldn't go higher than $9K on a 2005. Am I being stingy? I want to be fair and pay for the services they would provide but it's hard for me to guess what those will be and how much they are worth.
At this point we have been searching every week, 3 models that would work for our family, for 6 months. We search all the major online RV sellers, all our regional Craiglist ads, and all our semi-local RV dealership websites. Most of the ones I see posted online are sold before I get a chance to see them. The 5 or so we've seen privately were in poor shape or had iffy modifications. The ones on the lot are priced way over NADA. Our search radius is one day's drive(about 400 miles)so it would be feasible to pick up on a three day weekend. We asked the TM dealership to call us whenever they had one of our desired models in our price range. We finally got a call. :/
My husband just want to throw caution to the wind and just buy one, then repent over the expense at leisure. I manage our finances and am the one who has done all the research so I'm not too keen on that idea. It seems to me, the best option between these two is to buy the 2009 and fix anything that needs fixing. We could spend several thousand bucks on the repairs and come out way ahead of the older model. The hail damage was probably going to happen anyway since most of the places we would camp get such storms often. There are no garages when you are out camping.
What would you be thinking about the prices of these two, before you even went to look at them? How much can I reasonably bid below asking?
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02-05-2014, 04:20 PM
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#2
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TrailManor Master
Join Date: Oct 2011
Location: New Braunfels, Texas
Posts: 919
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Looks like you've got a good handle of the situation. Your right, that 2005 model is priced out of line. I wouldn't care if they served me champagne and caviar for that price.... I'm not overpaying like that. Have you seen photos of the 2009 unit? As far as hail damage? I to realize that it may happen somewhere in its life but I hate to start out with that type of cosmetic issues. I also realize the roof issue only shows when it's stored down. And for me, the title would need to clear meaning not salvage. I would not be comfortable with an insurance loss vehicle. Dealer would need to demonstrate all mechanical, electrical, components in person. Run the heater, AC, water pump, refrigerator on all 3 phases, interior condition used but in very good condition, no rips, tears, stains, flooring does not have any weak or soft subfloor, and absolutely no water leaks....
RV
__________________
rvcycleguy
TM-2002 3124KB
TV-2003 Toyota Tundra V8 4.7L. Fact. Tow Pkg, air bags
2006 Suzuki Boulevard C50c Motorcycle- crashed- parted out
1956 Royal Enfield Bullet 500 Motorcycle-sold
2006 Harley Road King
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02-05-2014, 09:39 PM
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#3
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TrailManor Master
Join Date: Apr 2012
Location: Centennial, Colorado
Posts: 885
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Hmmm. I looked at a TM that had been totaled by the insurance company, due to hail. If I had been in the market for that size, I would have no problem purchasing the unit with the damage, as it was really not "bad", in my mind. The aspect of a salvage title, though, would add a different dimension.
I have not dealt with a salvage title, so my comments are not based on experience. But, seems to me that a salvage title would warrant maybe half of the price of a unit in good condition, even if it is only hail damage. I would call my insurance agent, and ask about insuring it, with a salvage title. If it was totaled, again, what would I get from the insurance company? If they say $8,000, I would not pay $15,000.
Negotiate, after talking to your insurance agent. That, to me, would be a good indicator of what I should be offering. Don't have a clue how much the dealership paid the old insurance company, but my guess is that it was not within $2,000 of current asking price.
Again, I have no experience with a salvage title, so my comments are just my personal take on the situation.
Good luck!
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02-06-2014, 04:42 AM
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#4
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Guest
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I think that NADA values are kind of useless when it comes to Trailmanor. If a unit has been well kept, you're not going to see prices below 5000, even for a 2000 unit.
With that said, I paid 6500 for my 2005 3023. I got it at that price because of roof damage and a leaking roof, and torsion bar problems. Not hail damage. I spent a lot of time, effort, and money fixing that roof. If I sold it now, with everything repaired, I would expect to get 9-10K out of it.
I do think the dealer may be overcharging for the 2005, but then, it's a dealer, they are making a profit, and like you said, no clue what they're doing to it. 9000, like you said, wouldn't be unreasonable. The 2009 actually seems to be at a fairly decent price. Similar to many I've seen here. I think Trailmanor holds its worth more than the NADA guides say, in my opinion.
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02-06-2014, 04:55 PM
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#5
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Senior Member
Join Date: Feb 2011
Location: St. Louis, MO
Posts: 78
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Paid 10,500 for a 2005 2619 in excellent condition in 2011. Have had no problems with it.
__________________
previous:2005 2619, now:2017 Flagstaff Microlite 21FBRS
TV: 2017 Nissan Pathfinder, WDH
Tire Press. monitoring sys., Tekonsha P3
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02-06-2014, 08:38 PM
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#6
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Guest
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I would focus on the 2009 assuming the damage is only cosmetic. And I would suggest you offer less than what either one is asking. Remember they do this for a living, so the dealers will take care of themselves...
Lastly, spend time with whatever TM you are looking at so you have a good feel for its condition and you get a sense of what you are paying for.
Good luck and hats off for your perseverance!
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