09-18-2012, 03:43 AM
Tuga,
I agree with you. Pricing a coach too high is the number one way to undermine selling it. Waiting for an unintelligent buyer to pay cash for an overpriced coach is a flawed strategy. Then it sits on the market & people quit taking it seriously. They figure something must be wrong with it or it would have sold. I think a much better selling strategy, in this market, is to find todays realistic price and deduct the coming years depreciation. The problem is that the used market for over 10 year old quality coaches is very depressed due to the lack of financing. It is truly a buyers market--unfortunately there are few buyers who can afford a 10 year+ Newell. On the other hand if there was no depreciation I would have never been able to afford our coach. I have owned five coaches over 30 years and never owned a new one. Depreciation is the most expensive part of owning a coach and buying used has been my way of lowering this cost.
I agree with you. Pricing a coach too high is the number one way to undermine selling it. Waiting for an unintelligent buyer to pay cash for an overpriced coach is a flawed strategy. Then it sits on the market & people quit taking it seriously. They figure something must be wrong with it or it would have sold. I think a much better selling strategy, in this market, is to find todays realistic price and deduct the coming years depreciation. The problem is that the used market for over 10 year old quality coaches is very depressed due to the lack of financing. It is truly a buyers market--unfortunately there are few buyers who can afford a 10 year+ Newell. On the other hand if there was no depreciation I would have never been able to afford our coach. I have owned five coaches over 30 years and never owned a new one. Depreciation is the most expensive part of owning a coach and buying used has been my way of lowering this cost.
Steve Bare
1999 Newell 2 slide #531