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03-25-2017, 05:02 PM
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#1
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Senior Member
Join Date: Oct 2015
Posts: 2,270
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Where do they come up with the asking prices.
Over the course of the last few weeks, I have noticed quite a few RV's and tow vehicles listed in the FRF classified sections where the person listing must be smoking crack. 17 yr old trucks and the asking price is double what the clean retail book numbers are?, along with trailers listed for over $6K or more above average retail numbers. I have a 2015 GMC Sierra double cab, long bed, 4WD, SLE+, with Leer cap, and about 11K miles. First $90,000 takes it.
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03-25-2017, 05:12 PM
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#2
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Senior Member
Join Date: Jan 2017
Location: Kalamazoo
Posts: 2,139
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I have several thoughts. 1. You can ask what ever you want doesnt mean its going to sell. 2. just cause your upside down on your loan doesnt mean I have to be. 3. I was born at night but not last night.
With modern technology values are pretty easy to find and only a fool would pay over. (minus the show room quality ten year old Harley Ultra Classic I bought with 5,000 miles on it.)
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03-25-2017, 05:19 PM
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#3
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Who Dares, Wins
Join Date: May 2012
Location: Chester County, PA
Posts: 7,063
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I will say though I am shocked at how many do actually sell though! Crazy, it's posted and two days later is marked as sold. Maybe I should put mine up for 18k and then get that 5er!
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Pat, Jen, Heather & Sapphire, the head mouser.
2015 Chevy HD D-Max
2022 Impression 315MB
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03-25-2017, 05:47 PM
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#4
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Senior Member
Join Date: Feb 2015
Location: Southern, IL
Posts: 3,272
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Quiet guys! The reality police will be here in second.
Good time to sell before the RV bubble bursts...
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Bob & Michelle
2016 Ford F-250 Lariat 4x4
2017 Flagstaff Super Lite 526RLWS
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03-25-2017, 06:14 PM
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#5
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Ret E-9 Anchor-clanker
Join Date: Jul 2012
Location: Genoa, ILL
Posts: 1,476
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This thread reminds me of Barnum & Bailey Circus (A fool and his money). This forum is no different than retail RV sales. I've seen the same model RV sell from 73k down to 53. This is not adding wholesalers. Which I've seen same at 45k.
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Don & Dona W/yorkies Gizmo, Master Chief, & Tali
2011 Flagstaff 8528 BHSS 2015 Ford 6.7 XLT
2010 Full Timers & Still Going
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03-25-2017, 07:31 PM
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#6
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Senior Member
Join Date: Sep 2010
Posts: 2,219
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Just because something sells doesn't tell you what it sold for.
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2011 Flagstaff 831FKBSS
2010 F250 4X4 5.4L 3.73 LS
EQUALIZER E4 1200/12000
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03-25-2017, 07:53 PM
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#7
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Senior Member
Join Date: Mar 2015
Posts: 272
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Quote:
Originally Posted by lbrjet
Just because something sells doesn't tell you what it sold for.
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__________________
Unencumbered By The Thought Process
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03-25-2017, 07:54 PM
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#8
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Who Dares, Wins
Join Date: May 2012
Location: Chester County, PA
Posts: 7,063
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Quote:
Originally Posted by lbrjet
Just because something sells doesn't tell you what it sold for.
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That is correct but, at least my thought, when someone makes an offer (whatever it is) they either got what they wanted or close to it when it goes up today and is sold the next. Otherwise they would hold out hoping for a higher offer making it saty up and unsold for a longer period of time.
__________________
Pat, Jen, Heather & Sapphire, the head mouser.
2015 Chevy HD D-Max
2022 Impression 315MB
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03-26-2017, 01:50 PM
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#9
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Member
Join Date: Nov 2015
Posts: 47
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Quote:
Originally Posted by Kimber45
I have several thoughts. 1. You can ask what ever you want doesnt mean its going to sell. 2. just cause your upside down on your loan doesnt mean I have to be. 3. I was born at night but not last night.
With modern technology values are pretty easy to find and only a fool would pay over. (minus the show room quality ten year old Harley Ultra Classic I bought with 5,000 miles on it.)
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LOL
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03-26-2017, 02:54 PM
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#10
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Senior Member
Join Date: Dec 2015
Location: Eastern NC
Posts: 3,963
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Down here and near a beach tourists flock to there is a saying "put any price on it and a Yankee with a pocket full of money will buy it". Sometimes it takes a few seasons, but it generally goes.
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2022 Montana 3855 BR
2019 F350 6.7 4X4 LB Dually
Edgewater 205 EX 150 Yamaha
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03-26-2017, 05:19 PM
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#11
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jkoenig24
Join Date: Apr 2015
Location: Box Elder, SD (formerly NY)
Posts: 953
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Springtime. LOTS of newbie buyers who want to hit the road FAST and, aren't smart shoppers. Decades ago, I senior I knew decided he wanted to drive from NY to go fishing in FL. He walked into an auto dealership and asked what he could drive away in that afternoon. Some salesman made a fat commission that day.
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03-26-2017, 05:37 PM
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#12
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Senior Member
Join Date: Sep 2012
Location: Virginia
Posts: 9,887
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......... and some trucks ESP nice 7.3s do sell for well above retail................
but I agree what you ask and what you may get are two different things..........
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2005 Dodge 3500 Cummins
2017 Wildwood Lodge 4092 BFL
1966 Mustang GT
1986 Mustang SVO
Lillie Spoiled Rotten Boxer Mix
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03-26-2017, 05:44 PM
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#13
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Senior Member
Join Date: Jan 2015
Location: Spring Valley OH
Posts: 833
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Setting the asking price involves a very scientific device called a "Random Number Generator". Ask it for three numbers between one and a million then pick the highest one!
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2018 Berkshire 38A
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03-26-2017, 05:45 PM
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#14
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Senior Member
Join Date: Jul 2012
Posts: 236
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Quote:
Originally Posted by Mr Havercamp
Over the course of the last few weeks, I have noticed quite a few RV's and tow vehicles listed in the FRF classified sections where the person listing must be smoking crack. 17 yr old trucks and the asking price is double what the clean retail book numbers are?, along with trailers listed for over $6K or more above average retail numbers. I have a 2015 GMC Sierra double cab, long bed, 4WD, SLE+, with Leer cap, and about 11K miles. First $90,000 takes it.
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Where are these listings?
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03-26-2017, 05:48 PM
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#15
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Site Team
Join Date: Mar 2014
Location: Grayson County, Texas
Posts: 21,559
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Where do they come up with the asking prices.
Main home page... (or is it every page on the full site?)
Click CLASSIFIEDS.
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2015 FR Wildcat 295RSX / GMC Sierra
Nights Camped: '13 = 49/'14 = 74/'15 = 74/'16 = 85/'17 = 110/'18 = 111/'19 = 86/'20 =108/'21 = 115/'22 = 135/'23 = 78; Booked for 2024 = 69
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03-26-2017, 05:54 PM
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#16
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Senior Member
Join Date: Feb 2017
Location: Portage wi
Posts: 668
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We see it all the time on the local buy sell and trade.
They claim to have paid so much for the item yet the clearance sticker with a lower price is on it
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03-26-2017, 07:40 PM
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#17
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Senior Member
Join Date: Dec 2009
Posts: 353
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I don't want to but DW said sell it!
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Joel K
2013 Coachman Mirada 29DSSE
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03-29-2017, 04:09 PM
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#18
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Senior Member
Join Date: Jul 2013
Location: Athens
Posts: 685
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Yup
Quote:
Originally Posted by jk510
I don't want to but DW said sell it!
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Yes honey. I TRIED to sell it but no one was interested.
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03-30-2017, 10:08 AM
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#19
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Broken Toe
Join Date: Jan 2012
Location: Imperial (St. Louis) MO
Posts: 3,745
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Quote:
Originally Posted by Oaklevel
......... and some trucks ESP nice 7.3s do sell for well above retail................
but I agree what you ask and what you may get are two different things..........
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If you are going by KBB or NADA website to define 'retail', you will be hopelessly undervalued. Those are the numbers a dealer will show you on trade in, but those are not in any way a valid determination of a vehicles value. The NADA "black book" and Manheim Market Report are far more accurate, but not available to the general public.
For instance, my 7.3 Excursion lists on KBB.com as worth $5500. Anyone offering me that won't even get the indignity of being laughed at. Hell... the transmission alone is worth that much (and I got the receipts to prove it). I could get probably 4 times that for my truck within a weeks time, if I wanted to.
Granted, there are some people out there who took the phase "buy low, sell high" a bit too far. There is no end of people trying to sell 2-3 year old campers and asking more than what I could buy a new one for. I guess they paid full MSRP or something and think selling a $45k camper for $40k is a screaming bargain. But remember, when selling, start high. You can always come down. Not so easy to go up.
Tim
__________________
FROG Member MO-0008-571 Since 20124444444444My Project Blog: https://cowracer.blogspot.com/
"Camper" 2016 Rockwood Signature Ultralite 8329ss
"Casper" 2017 Ram 2500 Laramie Diesel
..ProPride 3P Hitch - "Yeah. It's worth it."
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03-30-2017, 11:01 AM
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#20
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Site Team
Join Date: Sep 2014
Location: Northen IL
Posts: 8,317
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Quote:
Originally Posted by Cowracer
But remember, when selling, start high. You can always come down. Not so easy to go up.
Tim
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Exactly. If you want to sell something for X amount then advertise it for more than X and then when you let the buyer "talk you down" they think they got a good deal and you still get the amount you originally wanted.
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