Prevost Community Forums

Find answers, ask questions, and connect with our
Prevost Community around the world.

  • Kevin

    Member
    January 29, 2015 at 10:58 am

    “Other than electrical issues………”

    This is just my opinion, but the owner would be far better off to fix the electrical issues because it is a huge unknown.

    I know of one coach that was “overcharging” and what had happened was the voltage regulator failed and the coach had runaway voltage which eventually did a lot of damage to the electrical system. I am not saying that is the case on this coach, but if it is in fact one or part of the problem sorting out the issues could be a nightmare.

    Only a very gutsy bidder, one who has looked at the coach, is going to offer anywhere near what this coach might be worth.

  • Archived

    Member
    January 29, 2015 at 11:12 am

    I think it is owned by a bank…most here are…..likely a bank repo to be sold for closed to loan value. Clear title though.

    Banks do not fix anything. Sell it as is, where is, but can be inspected by somebody that is interested to go to Georgetown TX.

    I liked the “4 Cruisar A/C units w/heat pimps”……

  • AL

    Member
    January 29, 2015 at 11:24 am

    Bank or otherwise a lot of the real value will not be realized unless the problems are fixed.

    If it is a bank and it is a repo that might be a strong indicator that the owner had the problem, realized the extent of the problem and chose to walk away rather than spend what it might take to restore the coach to working order.

    My cruise airs, and I think yours also do function as heat pumps.

  • Archived

    Member
    January 29, 2015 at 12:05 pm

    When I was on the hunt for another bus I remember this one. This bus has been for sale appox. 2 plus years. As the owner has past away the bus sat in a Texas RV park for sale almost a year/. Listed for sale by a small RV dealer who just sat on it.

    Marathon got involved and listed the bus. There were some issues with moving the bus. Asking price over $500K. The problem was no one looked at it in the RV park so it was finally moved to Marathon Dallas to be sold. When Marathon takes on a consignment there is a PDI done so most surprises are known. This was available to anyone asking.

    With the help of Marathon sales I made an offer on the bus. If we could agree on a price I would travel to the bus.

    My offer if accepted was no financing and close with in 3 days. The family countered with a price well over my offer as it was learned the balance owed was major and the family was not going to pick up the difference.

    I would own this bus today if family members would have been realistic to sell the bus. Marathon put in lots of effort trying to put a deal together. The bus continued the downhill spiral after sitting with no care for over 2 years.

    My wife didn’t like the yellow strips but that was a minor issue and could have been easily changed.

    Date when all this took place was May 2014. I would estimate bus has been sitting pushing 3 years.

    http://www.crankyape.com ….enter number 53586 in box upper left hand corner of home page for info

  • Archived

    Member
    January 29, 2015 at 2:16 pm

    Far too often if a coach is financed depreciation will outrace the loan balance and when the owner of a coach is upside down and needs to sell a coach ends up sitting for a long time until reality sinks in.

    I know of far too many owners that needed to sell a coach, but who could not come to grips with the fact their coach was worth considerably less than what the loan balance was. In every case the coach sat on the market for many months, sometimes multiple years, until its market value was even less than it was originally by a wide margin. And to add insult to injury, in addition to taking a beating due to depreciation, the fact the coach was sitting it deteriorated to the point is was worth less than other coaches of its vintage.

    This has happened with Prevost conversions as well as high end motor homes. It is the nature of this type of product. When the economy took a major hit several years back a large number of coaches were dumped into the market at greatly reduced prices so people who needed to sell their coaches not only took the hit due to the normal depreciation, their values went even lower because so many coaches were being dumped buyers were stealing coaches at prices that did not come close to what they had been only months earlier.

  • Archived

    Member
    January 30, 2015 at 4:24 pm

    Over market price and “electrical problems”. At least investigate the problems, identify them, so a potential buyer has an idea of what the cost might be.

    Regardless of the care, regardless of how extensive the prepurchase inspection … there are usually enough hidden “issues” in these vehicles that a coach like this one starts out with two strikes against it. If there is a loan the meter just keeps on ticking. The problems in marketing the coach just keep on compounding.

    Having worked in banking for a long time, I can attest to bankers (usually the account officer who made the loan) making really stupid decisions in vain attempts to move their dead horses.

  • Archived

    Member
    February 4, 2015 at 4:06 pm

    Sold for $ 337,8010 plus $2000 buyer fee and Sales tax…..

    Reserve met.

Log in to reply.