Used RV/Lazy Daze Pricing January 18, 2021, 10:21:45 pm Is a 1994 LD 26 foot rear bed, with 90k miles renovated, with solar instead of a generator for $20k a fair price?Shopping around in my budget. Thanks for input!
Re: Used RV/Lazy Daze Pricing Reply #1 – January 19, 2021, 12:45:52 am Quote from: Twsitlax518 - January 18, 2021, 10:21:45 pmIs a 1994 LD 26 foot rear bed, with 90k miles renovated, with solar instead of a generator for $20k a fair price?It’s all about condition. It can range from ‘like new’ to total mess. That is the best assestment we can make with no other information. A $20,000, 1994 LD should be in very good condition. Budget a minimum of $5000 to bring any old rig into usable condition. The cost can be much higher, if found to have deeper problems, sometime more than what an old rig is worth when in good shape. Old rigs commonly have hidden rot in the front nose, rear corners and under the windows. It is very expensive to repair.It’s always a buyer beware situation when buying an antique RV. A 1994 RV qualifies as an antique.A 1994 26.5’ LD is built on the light-duty E350 chassis, with a minimal GVW of 11,500-lbs , extremely easy to overload.The 26.5’ models switched to the stronger E450 chassis in 1997, with a GVW of 14,050-lbs, I suggest looking for a newer model if a mid-length LD is desired. The shorter 23.5’ models didn’t switch to the E450 until 2003.Larry 1 Likes
Re: Used RV/Lazy Daze Pricing Reply #2 – March 10, 2021, 03:19:12 am I'm not sure if this is the correct topic to put this under, if not just let me know.I am curious how people are determining selling prices for their RVs, and inversely, how do we know when an asking price is too high? I usually go off of book values (NADA), and there's also a pricing guide on this website. But it does not seem like the prices I am seeing are anywhere near the ballpark of these two book values. I put into account the extras like solar panels and whatnot, but still the price gap is pretty wide. I feel like I'm either miscalculating or missing something. Can anyone help shed some light on this for me? Thank you! 1 Likes
Re: Used RV/Lazy Daze Pricing Reply #3 – March 10, 2021, 08:35:26 am I'll give you my opinion, which is worth exactly what you paid for it.NADA prices are worthless as very few LD are sold through dealers. I think that most that are sold through dealers are in sad shape.Prices set and paid, especially for pre-2005 rigs are insane. I have no idea why there are suddenly so many people in the market for ancient LDs. Are they jobless, homeless? I don't know. The prices could continue to be inflated forever, but if they come back down to earth a lot of folks that can not afford a loss are going to get one.I know some individuals are buying LDs, doing cosmetic upgrades, and flipping them. Buyer beware. 1 Likes
Re: Used RV/Lazy Daze Pricing Reply #4 – March 10, 2021, 08:42:44 am The NADA guide is very inaccurate for LD units, because there are so few LD's being sold. I found this out 3 years ago, when I lost out on 3 rigs because I offered prices based on NADA. Even then the market was much different for LD units. Today it is far worse, the general RV market is very tight and prices are very high. The RV dealers are having a great time because they cant keep units in stock. The great deals are gone. The LD market is even tighter due to the small number of units built every year.
Re: Used RV/Lazy Daze Pricing Reply #5 – March 10, 2021, 10:08:14 am I'm seeing prices for early 2000 era rigs that exceed what I paid for a low mileage 2003 10 years ago. I don't know what to make of it, except to say that I've considered selling my RV (not seriously), my cars, and even my house lately. Prices across the board are at historical highs, and not by a little.I think there is real demand driving the prices. Someone who is willing to wait until things settle down could be rewarded.Waiting costs time, and it's harder to buy more of that. NADA has never been accurate. My best advice is always to compare what else you could buy for a similar price (other types and brands of RV) and use that as a guide. Rich
Re: Used RV/Lazy Daze Pricing Reply #6 – March 10, 2021, 10:53:39 am I believe that as long as the COVID keeps the set of people who find relaxation abroad ships or going to foreign places for vacation away from their normal plans the price of RVs will remain high and campsites busy. People are looking for a safe way to get away. Many of that set of people have the income to buy RVs. Add to that people who would be doing around town things. Once the world is mostly vaccinated or finds "herd immunity" otherwise met I think there will be a lot of used RVs. And I don't mean that statement to be a political one. It is just that people feel safe in RVs as opposed on ships and planes. I think in time that will change. 4 Likes
Re: Used RV/Lazy Daze Pricing Reply #7 – March 10, 2021, 12:12:12 pm As Rich and John said; "Waiting costs time, and it's harder to buy more of that.". Many people are being thrust into the retired category, Baby Boomers are at the age that they would have been retiring anyway. The idea of a motorhome to travel the country may have already been in their plans, and now is the time. If you have ever looked at a 15 year old Thor, or Fleetwood; even with good care and maintenance, the 15 year old Lazy Daze will usually come out ahead. That is what sold me. I saw my first LD at a local new and used show, and even with the Mauve interior, it was in spectacularly good condition compared to other used brands of similar age. Both my dentist and hygenist took the opportunity to retire early. People well enough off and preparing to retire did so. My doctor is being forced to retire when he reaches 70 this fall. Maybe some will come back into the labor market, and some will see that they aren't getting any younger. Perhaps I'll meet them on the road in a Lazy Daze. RonB 5 Likes
Topic: Used RV/Lazy Daze Pricing (Read 263 times)
previous topic - next topic
Topic: Used RV/Lazy Daze Pricing (Read 263 times)
previous topic - next topic