Lazy Daze Owners' Group

resale evaluations

July 13, 2017, 09:54:33 am

Hello all.

We're considering selling our 2004 30' TB and we're wondering two things.

First, I know that there is a spread sheet of some kind in the forum to enable one to figure up vehicle value but am not sure where to find it.

Secondly, do the values/figures within that document get updated to reflect real-time value?

Any and all help would be greatly appreciated.

Thank you,
Bud (in New Mexico)

Re: resale evaluations

Reply #2 – July 13, 2017, 10:33:40 am

The spreadsheet is a little dated but you can extrapolate the figures to update it.  Remember, it's more of a starting guide than set in stone.

Re: resale evaluations

Reply #4 – July 13, 2017, 11:21:33 am

Follow this path: Media>Group Files>Buying and Selling>LD Asking Prices 2015.

The 2015 figures are the most recent available, but one can do a bit of math to extrapolate the data through 2017 and get a ballpark starting point for pricing.

Comments: It can be difficult to accurately price one's LD, but doing the pricing research and keeping the following  very basic "reality checks" in mind may bring a faster sale. (Payment, title transfers, all paperwork arrangements are [primarily] up to the seller.)

The template provided is a guide; a successful ad will go well beyond the information asked for in the template.

Ad "quality" is essential; provide complete, honest, accurate, comprehensive information on the plus and minus points of the rig. (Know what you're selling; accurately list the year, model, engine, etc. Be candid about any issues or problems; full disclosure!)

Post photos with the ad! Post many photos of the interior, the exterior, the compartments, and any and all upgrades. (Note: Make sure that the photos are clear, show what the photo is intended to show, explain what the photo shows, and wash/polish and tidy the rig before taking photos; one doesn't have to remove all evidence of "personalization", but a dirty rig and clutter are buyer turn-off.)

Provide preferred initial contact information, e.g., email or phone. (Email may be less "intrusive".)

Price as realistically as possible, but be prepared to negotiate, particularly if your rig is a less popular model, is older, has issues (cosmetic and other), needs repairs and maintenance and/or upgrades to be safe and comfortable, or is located in an area where there may be fewer potential buyers. Some buyers may be willing to travel to check out a rig, but many will not. (Also, a buyer will not be moved by a seller's need to get a certain price to pay off an upside-down rig loan.  )

Aftermarket upgrades, add-ons, improvements, and repairs may add "value" and appeal for some, but only if they are safely and "professionally" done/installed, working well, and reasonably current. (Major interior/exterior changes, odd paint jobs, and/or changes that would be difficult to "undo" will lower sale appeal.)

Consider a "perk" if the rig is not attracting interest, e.g., lowering the price, throwing in an "extra", offering delivery (reasonable distance), etc.

Good luck!

Re: resale evaluations

Reply #6 – July 15, 2017, 12:05:53 pm

Obviously it always comes down to what a willing buyer will pay. And, I know nothing about your particular LD.  I have been watching what a number of motor homes have been selling for and it looks to me that no single source is spot on.    Too many variable to fully account for it.  I would recommend learning what the low end might be to start with so a seller is not offended by what may seem to be a low offer as the buyer has probably looked at data supporting the offer.  I also learned that LDs in the general year age of what you may sell yours for depreciate about $3000 - $3500 more each year from the tables that are posted on this site which stop at 2015.   Also, you are very close to another model year coming up (not calendar year) so beginning in August when the 2018s start coming out all over, you may need to take into account another year's depreciation.    So, let's just look at three sources not knowing anything about your particular LD.  The Lazydazeowners website suggests that in 2015 a 30 foot LD was selling for an average of around $35,500.  If you sell it in the 2018 model year time frame, the math says the average should be about $26,000.  The table says around $26,300 for a 2001 (arguably the impact of three more years depreciation) so my math is close. 

Another source I use (Consumer RV Group) suggests that your LD should sell for around $24,300.  Sometimes they are higher than Chris's data, sometimes they are lower.  Finally,  NADA suggests it should retail for around $25,500 but that does not take into account the impact of going into the next model year yet. 

The only thing this discussion does is suggest what someone who enjoys looking at data would know about.  Not every potential buyer will do that but at least it gives a relatively tight range.  Mileage, upgrades, condition, etc will all have impacts this review cannot take into account.