02-07-2013, 07:13 AM
Regarding the asking price: wish in one hand - pee in the other hand - see which one fills up first Everyone feels that THEIR coach is worth more - that is human nature.
The market determines fair market value, not the seller. If the seller wants to sell the coach he has to be reasonable. If he is willing to take a trade-in then his asking price should be a little higher because he has to leave room for the spread. Most buyers expect to get a few thousand dollars off of the asking price. Fair market value is determined by recent sales of similar coaches.
IMO $50,000 is a little high for an '89, but you have to see the coach in person first. FWIW, Tom's Newell is beautiful inside and outside. It is mechanically perfect and updated. I'm not trying to sell Tom's coach; all I'm saying is you need to see the coach first hand before you can reach a price you are willing to pay.
The market determines fair market value, not the seller. If the seller wants to sell the coach he has to be reasonable. If he is willing to take a trade-in then his asking price should be a little higher because he has to leave room for the spread. Most buyers expect to get a few thousand dollars off of the asking price. Fair market value is determined by recent sales of similar coaches.
IMO $50,000 is a little high for an '89, but you have to see the coach in person first. FWIW, Tom's Newell is beautiful inside and outside. It is mechanically perfect and updated. I'm not trying to sell Tom's coach; all I'm saying is you need to see the coach first hand before you can reach a price you are willing to pay.
Tuga & Karen Gaidry
2005 Honda Pilot