Jayco RV Owners Forum
 

Go Back   Jayco RV Owners Forum > Jayco Trailers, 5th Wheels, and Motorhomes > Jayco Fifth Wheels

Reply
 
Thread Tools Display Modes
 
Old 07-26-2013, 07:59 PM   #1
Jrmay25
Senior Member
 
Join Date: Sep 2010
Location: Near St Louis
Posts: 366
Whats the best way to sell 5th wheel fast?

What's everyone's opinion on the best way to sell a 5th wheel and fast? We placed an order for a 2014 375BHFS that should come offline and be ready to pick up around August 19. That being said, we are trying to sell 2012 Jayco 365BHS outright as opposed to trading it in. We have it listed on this site, rvtrader, rvt.com, flyers listed all around the area we have it parked and several of the Missouri Craigslist pages. Over the past 2 weeks, we've had just a couple questions about it, and the only calls are from "marketing firms" that want to charge between $199-399 to list it and try selling it online for us. We're asking $39,900.00 but are open to discussing any reasonable offers, and NADA has low book at $55k. Are we overpriced, not listing on the right sites, or is selling a newer, late model camper just that difficult of a task. I'm open to any feedback as we would really like to get this sold as opposed to trading it...

Thanks,
Jr
__________________

Jrmay25 is offline   Reply With Quote
Old 07-26-2013, 09:17 PM   #2
highlife4me
Member
 
Join Date: Mar 2012
Location: Le Sueur, MN
Posts: 74
If you aren't getting much interest in it you probably have it priced too high. $39,900 does sound a little high for a basically two year old trailer with no factory warranty. Just keep lowering your price until you spark some interest, that's when you know you have it priced right.
__________________

highlife4me is offline   Reply With Quote
Old 07-26-2013, 09:19 PM   #3
clubhouse
Senior Member
 
Join Date: Oct 2011
Location: Central California
Posts: 1,267
Sounds like you are doing everything right, just need that one buyer to come along and fall in love.

However IMO it just that difficult to sell late model used.

For me to buy used there needs to enough perceived "discount value" vs buying new to justify it. When we looked for our first TT we thought used was the way to go, but i didn't want someone else's problems so I only looked at newer options. In searching the used market we found the discount for "newer used" just not significant enough to offer the savings I needed to justify giving up warranty and picking out exactly what we wanted. Granted we were looking at a different price point, but I was only finding 10%-15% ($2k-$3k) less than I could negotiate for the exact trailer + hitch + installation new.

We are in the similar position right now. We would like a larger TT, added kid 3 to the mix last year, but the trade in offer is less than I willing to take and what I need to justify the upgrade isn't low enough for the typical used buyer in my area.

Also, I don't think NADA is much of a gauge. When we started thinking about this early this year NADA's avg private party value for my TT at the time was $1k less than I paid. I'm certainly no expert but I think my TT had to depreciate more than 5% in 1.5 years.
__________________
2007 Chevy Duramax LMM/Allison
2012 Jay Flight 29QBH
2012 Jay Flight 26BH (Sold)
clubhouse is offline   Reply With Quote
Old 07-26-2013, 09:29 PM   #4
2edgesword
Senior Member
 
2edgesword's Avatar
 
Join Date: Jul 2011
Location: Long Island, NY
Posts: 284
I think it makes things a little tough when you see on-line ads for new 2013 models at $45,000. These could be stripped down models but people look at that number and may view $39,900 as not much of a bargain for a two year old unit. If you figure a -20% loss in value as soon as you drive a new unit off the lot and then another -10% reduction/year after that I'm thinking you'll need to be at the NADA low end ($34,000) to sell the unit quickly.

What was the dealer offer?
__________________
2012 KZ Spree Escape E204S
2007 Chevy Silverado 1500 4.8L, 3.23
Yamaha 2400ishc
2edgesword is offline   Reply With Quote
Old 07-26-2013, 10:46 PM   #5
101vet
Senior Member
 
Join Date: Jul 2013
Location: Olalla, WA
Posts: 134
I'm maybe not qualified to offer a thought as my financial ability restricts me to older units but I have found that Blue Book isn't much use when selling. It all depends on the right guy coming along. I just sold a 2000 Montana dirt cheap because that's what I thought I was going to get in the local market. One thing that I do to lessen the emotional impact is tell myself that people that spend thousands for a cruise don't expect anything back so why should I expect a lot back on my recreational expense. That's probably also the reason I can't afford late model units
101vet is offline   Reply With Quote
Old 07-27-2013, 08:03 AM   #6
drfife
Senior Member
 
drfife's Avatar
 
Join Date: Aug 2009
Location: Dallas, Texas
Posts: 788
I sold my previous trailer on consignment at a local dealership. It sold in less than a week. I got more, even after their percentage, than if I had sold it outright.
__________________
Russell
'13 Excel Winslow 34IKE
'12 GMC Sierra 3500HD
Previous RV's: '03 MobileScout Titan 29DBS; '01 Sunnybrook Lite 2708 SLE; '99 Coleman Utah
Previous TV's: '02 Chevy Suburban 2500 8.1 4.10; '99 Chevy Express 1500 5.7
drfife is offline   Reply With Quote
Old 07-27-2013, 08:23 AM   #7
rsbwjohnson
Member
 
Join Date: May 2012
Location: muscle shoals al.
Posts: 32
deprecation on campers is terrible. having bought and traded a few here is what I have learned. to see what a dealer will offer you on trade in go to nada guide dot com. enter your camper year and model and do not add options. enter and you will see the different values. in real money a dealer will put between 70% and 80% of low retail in your camper. you will do a lot better selling it your self. a few tips a like new camper is easier to sell. The best place to advertise is at the campground while your camping. put a for sale sign on it and you will be surprised who will knock on your door. my buddy bought a 2006 earlier this year for 18k. I told him he gave to much for it. he camped 3 diffent times for a week each. put a for sale sign at the campground and a man wrote him a 20k check for his camper.
__________________
rsbwjohnson

2012 Jayco Eagle 351 mkts
2012 F250 powerstroke 4 x 4
rsbwjohnson is offline   Reply With Quote
Old 07-27-2013, 08:32 AM   #8
Jrmay25
Senior Member
 
Join Date: Sep 2010
Location: Near St Louis
Posts: 366
Thanks for all the feedback guys. I guess my reason for using NADA is that's what my insurance company used to determine the value back in early 2012 when a tornado destroyed our 2011 365BHS. I do understand though there's a difference between "book value" and "what someone is willing to pay.
If the camper was paid off I would have no concerns letting a dealer sell it on consignment for us, but since we still have a loan on it, I'm a little nervous that if it doesn't sell within the next couple months, I'll be looking at carrying payments on 2 campers until next spring.
I have lowered the asking price to $37,900.00 everywhere I have it listed and the dealer is offering $32,500.00 to trade so I still have some wiggle room if someone is really interested.
Jrmay25 is offline   Reply With Quote
Old 07-27-2013, 11:30 AM   #9
J.Lockhart
Member
 
Join Date: Apr 2013
Location: Wauconda, IL
Posts: 35
Whats the best way to sell 5th wheel fast?

Make sure you're also calculating the tax savings that can be realized off the trade in.

IE - If the dealer gives you 32,500 for trade... that comes off the taxable price of the new unit. At a 6% sales tax rate... that's an additional 1,950 in savings. Thus, you'd need to sell it privately for at least 34,450 to break even.

Add in personal time invested to show it to people, etc... it's almost a better deal to trade it in.
__________________
Jeff, Julie, Cameron, & Taylor

2012 F-250 FX4 6.7 Powerstroke Diesel Lariat
2011 Jayco 365BHS 5'er

"Cram-A-Lot Inn"

J.Lockhart is offline   Reply With Quote
Old 07-27-2013, 12:11 PM   #10
highlife4me
Member
 
Join Date: Mar 2012
Location: Le Sueur, MN
Posts: 74
Quote:
Originally Posted by J.Lockhart View Post
Make sure you're also calculating the tax savings that can be realized off the trade in.

IE - If the dealer gives you 32,500 for trade... that comes off the taxable price of the new unit. At a 6% sales tax rate... that's an additional 1,950 in savings. Thus, you'd need to sell it privately for at least 34,450 to break even.

Add in personal time invested to show it to people, etc... it's almost a better deal to trade it in.
I agree. Just bite the bullet to get it over with. You will be money ahead in the long run.
__________________

highlife4me is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Powered by vBadvanced CMPS v3.2.3

All times are GMT -6. The time now is 05:32 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2014, vBulletin Solutions, Inc.