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08-27-2014, 06:20 AM
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#1
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Senior Member
Join Date: Aug 2014
Location: Spicewood, Texas
Posts: 913
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Trade in Experience
I traded a 2012 fifth wheel in on my new 2015 338rets...they appraised my trade sight un seen. It had no problems and they stated that would have to inspect when trade completed. No problem...it is clean as new.
They gave me $5,000 more than I was quoted by three other dealers and discounted the new trailer by $20,000 so I was real happy.
I figured that when they inspected that they would nitpick and try to reduce value. I think the Trade in specialist looked up the wrong year is the reason I got what I did. Anyway, they complained about a 4 inch patch repair on the roof.
Said the dealer or other had done a horrible job and that it was possible that it may cause delimanition of the side wall as it was on the edge. Wanted to reduce value by $5000......
What they didn't know is that they did the repair at their other store across town. I pointed this out to them and told them that they even sent the whole unit back to the factory for total fiberglass wall replacement under warranty...and that they did all this repair.
They got all frantic..called the other store...verified what was done...turned all red...I got the original deal.
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2015 338RETS Eagle Premier gloss sides., king.
2012 Ram 3500, crew cab 4x4 duelly Deleted
16k miles, 530HP, 1000 +torque.
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08-27-2014, 06:50 AM
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#2
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Senior Member
Join Date: Jun 2011
Location: Kalamazoo, West Michigan
Posts: 1,817
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I love it when a plan comes together!
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2006 23B Hybrid with 10k round bar WDH
2011 F150 4x4 SCREW Ecoboost, Max Tow, Integrated TBC, 3.73 LS axle, Firestone Ride Rite airbags.
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08-27-2014, 07:31 AM
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#3
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Senior Member
Join Date: Aug 2014
Location: NY Southern Tier
Posts: 105
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Do I get this correct? You got $20K off a trailer that typically has a MSRP of between $46K and $53K.
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2015 Chevy Silverado 2500HD LT 6.0L 4.10
2015 Jayco White Hawk 24RKS
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08-27-2014, 07:40 AM
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#4
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Senior Member
Join Date: Aug 2014
Location: Spicewood, Texas
Posts: 913
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It had a MSRP of right at $56,000 with delivery and I got it for $36,000...with an average markup of around 42-48 percent they prolly only had right around 30-32k in it. Plus what they make on the trade.
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2015 338RETS Eagle Premier gloss sides., king.
2012 Ram 3500, crew cab 4x4 duelly Deleted
16k miles, 530HP, 1000 +torque.
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08-27-2014, 07:46 AM
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#5
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Lost in the Woods
Join Date: Jun 2014
Location: Woodstock
Posts: 1,128
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Quote:
Originally Posted by RVer-Bill
Do I get this correct? You got $20K off a trailer that typically has a MSRP of between $46K and $53K.
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that is standard.
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08-27-2014, 08:22 AM
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#6
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Senior Member
Join Date: Aug 2014
Location: NY Southern Tier
Posts: 105
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Is it normal to get a higher percentage off a trailer that has a MSRP of $56K than one that has a MSRP of $30K? I can see that it could make sense since they would need to give a lesser % discount on the less expensive trailer to make the same $ profit.
When you quote a markup of 45%, do you mean that the MSRP is 1.45 x dealer cost or that the dealer only pays 55% of the MSRP? Markup of 45% indicates to me that the MSRP is 1.45 x dealer cost. If it is 45% off the MSRP then the markup is 82%.
If so, then the dealer cost of a $56K trailer would be $38.6K, so selling it for $36K would result in a loss. I'm just trying to understand this so that I can better negotiate on my next RV.
http://www.merriam-webster.com/dictionary/markup
__________________
2015 Chevy Silverado 2500HD LT 6.0L 4.10
2015 Jayco White Hawk 24RKS
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08-27-2014, 08:31 AM
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#7
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Senior Member
Join Date: Aug 2014
Location: Spicewood, Texas
Posts: 913
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If it has a MSRP of $56,000 multiply that by say 45 percent markup equals $26,550 profit. $56,000 minus $26,550 leaves $29,450. $29,450 is real close to what they have in it. The higher the MSRP the larger the markup. A $10,999 low cost lead in trailer may only have a $2000 profit.
__________________
2015 338RETS Eagle Premier gloss sides., king.
2012 Ram 3500, crew cab 4x4 duelly Deleted
16k miles, 530HP, 1000 +torque.
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08-27-2014, 08:43 AM
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#8
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Senior Member
Join Date: Oct 2011
Location: Central California
Posts: 2,283
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When it comes to pricing items there is a difference between "margin" and simple "percent mark up". Business operate on margin, not percentage mark up. The math is ....
Margin = wholesale cost / (100-margin).
There for if someone wants to make 25 pts margin on an item that cost $10 the sale price would be $13.33 = 10/.75.
If it was percentage it would be $12.50=10x1.25.
So when we all say you should target 30% off MSRP -- that is an entirely different calculation that trying to determine has many gross profit $ the deal may or may not have in the deal.
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2020 Ram 1500 5.7L
2007 Chevy Duramax LMM/Allison (Sold)
2012 Jay Flight 29QBH (Sold)
2012 Jay Flight 26BH (Sold)
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08-27-2014, 08:46 AM
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#9
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Senior Member
Join Date: Aug 2014
Location: Spicewood, Texas
Posts: 913
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Quote:
Originally Posted by clubhouse
When it comes to pricing items there is a difference between "margin" and simple "percent mark up". Business operate on margin, not percentage mark up. The math is ....
Margin = wholesale cost / (100-margin).
There for if someone wants to make 25 pts margin on an item that cost $10 the sale price would be $13.33 = 10/.75.
If it was percentage it would be $12.50=10x1.25.
So when we all say you should target 30% off MSRP -- that is an entirely different calculation that trying to determine has many gross profit $ the deal may or may not have in the deal.
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That's way over my brain power....
__________________
2015 338RETS Eagle Premier gloss sides., king.
2012 Ram 3500, crew cab 4x4 duelly Deleted
16k miles, 530HP, 1000 +torque.
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08-27-2014, 08:50 AM
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#10
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Senior Member
Join Date: Aug 2014
Location: NY Southern Tier
Posts: 105
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OK, I understand. However, the % off the MSRP is not markup. The definition of markup it the amount or % added to the cost. That's what confused me.
http://www.merriam-webster.com/dictionary/markup
The term for what you are saying is margin.
http://blog.conseroglobal.com/markup...he-difference/
A 45% margin = 82% markup. It's confusing what people are talking about on various forums about RV cost and price.
__________________
2015 Chevy Silverado 2500HD LT 6.0L 4.10
2015 Jayco White Hawk 24RKS
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08-27-2014, 08:53 AM
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#11
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Senior Member
Join Date: Aug 2014
Location: NY Southern Tier
Posts: 105
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Oops, clubhouse beat me to it while I was looking for references.
__________________
2015 Chevy Silverado 2500HD LT 6.0L 4.10
2015 Jayco White Hawk 24RKS
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08-27-2014, 10:38 AM
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#12
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Lost in the Woods
Join Date: Jun 2014
Location: Woodstock
Posts: 1,128
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Quote:
Originally Posted by RVer-Bill
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With the internet and E-mail it is so easy to get the best pricing on anything especially RV's. Just google the model trailer you want and find the best price,generally from the mid west dealers and wholesalers. Email them wanting their best price and use that on your local dealer if you want or drive. I drove 1200KM to buy my trailer. Msrp of 22400-sale price of 13500
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08-27-2014, 10:51 AM
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#13
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Senior Member
Join Date: Aug 2013
Location: NC
Posts: 974
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So how do you like your new Trailer?
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No man has a good enough memory to be a successful liar. Abraham Lincoln
2016 36FBTS Pinnacle
2016 F350, 6.7, 4x4, DRW, long bed
B & W Companion 5th wheel Hitch
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08-27-2014, 10:59 AM
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#14
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Senior Member
Join Date: Aug 2014
Location: Spicewood, Texas
Posts: 913
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After only one night I'm loving it. Finished changing out factory 15 inch wheels/tires to 16 inch this Am. Been loading stuff all morning. My wife brings a extra kitchen sink....I told her when we unloaded the fiver no way were putting all that stuff back in. We're going lite from now own. No extra chairs etc. Everyone in camp has chairs....
__________________
2015 338RETS Eagle Premier gloss sides., king.
2012 Ram 3500, crew cab 4x4 duelly Deleted
16k miles, 530HP, 1000 +torque.
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08-27-2014, 12:33 PM
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#15
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Senior Member
Join Date: Sep 2013
Location: Fort Worth
Posts: 355
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Stick too your guns
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KELLY & LINDY ( SEMI RETIRED)
FORT WORTH,TEXAS
2000 FORD F-150 V-6/4.2
2006 JAYCO JAY FEATHER 23B EXP
EQUILIZER HITCH
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08-27-2014, 01:00 PM
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#16
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Senior Member
Join Date: Aug 2013
Location: NC
Posts: 974
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We love ours. I went with E rated 15 inch tires on mine but also added the wet bolt kit to the suspension.
__________________
No man has a good enough memory to be a successful liar. Abraham Lincoln
2016 36FBTS Pinnacle
2016 F350, 6.7, 4x4, DRW, long bed
B & W Companion 5th wheel Hitch
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