Above book value
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Tuned
Joined: Jul 2021
Posts: 424
Likes: 201
Above book value
I know the truck/auto market is crazy right now. Dealerships marking up MSRP 5-10K+. I don’t know about everywhere else, but here in Utah, camper and 5th wheels are a dime a dozen. The local classifieds is full of units for sale. As I’m looking for a bunkhouse 5er, there are several I’m interested in, some private party, some dealerships. I’m looking at used rigs. Checking NADA for values. Ide say 90% of the units I’ve looked at are priced WELL over NADA values. If a unit gets listed for what it books at, it’s gone within hours.
An example:
2012 PUMA 295BHS
NADA $9200-$11,100
Listed $20k
2012 Rockwood 8286ws
NADA: 16,800-$20,300
Listed: $25k
Crappy part is, they are selling at these prices! If someone is not paying cash, how are banks loaning money for something that is inflated beyond its actual value? I’ve waited a long time to upgrade our 1990 Terry, and now I’m afraid I won’t be able to get something. Rant is over. What are you guys seeking in you’re areas?
An example:
2012 PUMA 295BHS
NADA $9200-$11,100
Listed $20k
2012 Rockwood 8286ws
NADA: 16,800-$20,300
Listed: $25k
Crappy part is, they are selling at these prices! If someone is not paying cash, how are banks loaning money for something that is inflated beyond its actual value? I’ve waited a long time to upgrade our 1990 Terry, and now I’m afraid I won’t be able to get something. Rant is over. What are you guys seeking in you’re areas?
Hotshot
Joined: Oct 2006
Posts: 10,146
Likes: 7,971
From: Texas
But inflation is not what the talking heads want to mention.
Hotshot
Joined: Oct 2015
Posts: 19,693
Likes: 12,818
From: Wyoming
About three months into Covid I looked at a toy hauler (triple axle, fifth wheel) that listed for $140K, marked down to $99K. I suspect I could have negotiated down a bit from that. Now, that same model is close to $200k.
I'm going to be sticking with my current bumper pull toy hauler for a while.
I'm going to be sticking with my current bumper pull toy hauler for a while.
Cargo Master
Joined: Jan 2004
Posts: 2,422
Likes: 696
From: Minnesota
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Tuned
Joined: Jul 2021
Posts: 424
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I guess by Dime a dozen, I meant in quantity. There are lots for sale and they are selling for these crazy prices.
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Fleet Mechanic
Joined: Jul 2018
Posts: 1,615
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From: Black Hills of SD
We signed the papers for ours on 2/20/20. It was a "new" 2018 that was hailed out and they repaired everything. We still received the factory 2 year warranty. Got it for 33% off sticker. Right now clean trade is for 20% under sticker. If I could talk the wife into selling it and waiting 2 years to buy new, I would do it in a heartbeat. However, I'd get tired of staying in motels and cabins....
Laughing Gas
Joined: Aug 2021
Posts: 907
Likes: 506
The market is insane here. We have been looking for a 5ver to replace our last travel trailer. What was a 50k Forest River 5ver is now 70k and the quality of the build is by far the worst I have ever seen.
One of the last trailers we looked at had moulding that had fallen off and was on the floor cabinets that didn’t line up, gaps in the ceiling panel, moulding hanging from the ceiling. If the fit and finish is that bad I can only imagine what you can’t see. Absolutely awful.
I am dumbfounded that they are selling those units and getting that kind of money for them. But they seem to be.
We have backed off on our search. If we find a good unit at a fair price we will buy it but we are likely taking the year off of camping and seeing what next year brings. Hopefully the rising gas prices and the improving Covid outlook will bring things back to reality. Time will tell.
We have been camping for 30 years and as much as we hate to not be out there that’s probably what will happen this year.
Bob
One of the last trailers we looked at had moulding that had fallen off and was on the floor cabinets that didn’t line up, gaps in the ceiling panel, moulding hanging from the ceiling. If the fit and finish is that bad I can only imagine what you can’t see. Absolutely awful.
I am dumbfounded that they are selling those units and getting that kind of money for them. But they seem to be.
We have backed off on our search. If we find a good unit at a fair price we will buy it but we are likely taking the year off of camping and seeing what next year brings. Hopefully the rising gas prices and the improving Covid outlook will bring things back to reality. Time will tell.
We have been camping for 30 years and as much as we hate to not be out there that’s probably what will happen this year.
Bob
Laughing Gas
Joined: Apr 2021
Posts: 972
Likes: 579
From: Middle TN
The market is insane here. We have been looking for a 5ver to replace our last travel trailer. What was a 50k Forest River 5ver is now 70k and the quality of the build is by far the worst I have ever seen.
One of the last trailers we looked at had moulding that had fallen off and was on the floor cabinets that didn’t line up, gaps in the ceiling panel, moulding hanging from the ceiling. If the fit and finish is that bad I can only imagine what you can’t see. Absolutely awful.
Bob
One of the last trailers we looked at had moulding that had fallen off and was on the floor cabinets that didn’t line up, gaps in the ceiling panel, moulding hanging from the ceiling. If the fit and finish is that bad I can only imagine what you can’t see. Absolutely awful.
Bob
Thread Starter
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Tuned
Joined: Jul 2021
Posts: 424
Likes: 201
Thanks for all you’re replies. Patients is key I guess. I’ve been looking for a year now. I found a fantastic 2013 Rockwood 8286ws on my local classifieds. I ended up getting it for 3K under NADA value. Can’t wait to get out!
Laughing Gas
Joined: Dec 2005
Posts: 1,087
Likes: 189
From: Reno, NV
It seems as if the market is cooling a bit. Last year units were selling in a few days, this year I'm seeing the same trailers on RVTrader for weeks to I've a month. So seeing some price decreases
I've been watching a used 5th wheel toyhauler for a few weeks, pretty close to exactly what I want. But it's overpriced by about 30% and so far the guy won't budge.
I've been watching a used 5th wheel toyhauler for a few weeks, pretty close to exactly what I want. But it's overpriced by about 30% and so far the guy won't budge.
Laughing Gas
Joined: Aug 2021
Posts: 907
Likes: 506
I feel pretty good about our 2021 Rockwood build quality, was actually expecting worse. Had to hand tighten some of the water supply lines, but that’s about it. It seems to have been pretty well built, but I think the selling dealer also did a nice job with prepping the unit. You want to thoroughly inspect it, that’s for sure!
I was in one Rockwood that looked good and the other was just slapped together at best.
It seems as if the market is cooling a bit. Last year units were selling in a few days, this year I'm seeing the same trailers on RVTrader for weeks to I've a month. So seeing some price decreases
I've been watching a used 5th wheel toyhauler for a few weeks, pretty close to exactly what I want. But it's overpriced by about 30% and so far the guy won't budge.
I've been watching a used 5th wheel toyhauler for a few weeks, pretty close to exactly what I want. But it's overpriced by about 30% and so far the guy won't budge.
I’m seeing the same thing as well.
One thing all should do is to take a good look at your insurance policy and make sure that you policy limits are in line with these new inflated prices.
Bob