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How Long Does It Take To Remove Front Clip
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I agree with David and I think the key to knowing the value of the coach is the ability to assess the condition of the big things.
You can see the condition and that is probably as good of an indicator of condition as anything. If it looks like it was used and abused the chances are that it was. Then a quick look at battery voltages, wet spots, tire age, battery age if visible, would be the next step. If it looks good with normal wear and tear then the ability to start the generator and check out appliances and AC units is next on the list of things that help learn the coach condition.
A person has to know the conversion to do a good job of checking things out and has to know the current actual market price, setting a limit based on how much risk is being taken with some adjustment to allow for surprises. There is so much complexity in today’s coaches that cannot be effectively evaluated, such as slides that luck is going to be a factor.
I might be able to assess some coaches and with luck arrive at a bid limit that makes me comfortable, but I don’t need a coach so bad that I am willing to gamble.
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I agree with you Jon buying at auction you take risks it is sorta like getting married it’s for better or worse I had both from sales
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I for sure am not saying it is the best place to buy . But it should be the less expensive , thats a GAMBLE you take with most investments , I have been around repoes all my life and would feel safer buying one than something a dealer has polished up for sale . I would neaver buy a unit from a dealer at a repo sale only a fininacal inst, weather it be a high end coach or a motorcycle . Banks are wanting out, dealers are wanting a profit so they have been known to sugar coat it. I have personaly reposed high end coaches that were stored and powered up although not being used due to economic short falls , but in no way abused some times things happen and life styles must be changed . Just because some on loses a coach or plane dose not say they lost thier dignity or respect for anything and will still take care and maintian for lack of a better word stuff in thier lives . I have also seen so many bounce back wealthy and wiser. What im trying to say if it looks cared for ill bet it was .
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Nice to get a take on Repo’s from someone in the know. Goof point David, not all the Repo’s are rode hard and put away wet..
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Repo laws are different from state to state some states by law require a repo be sold at auction here it is not, the one we got from the bank the guy clean it up drove to the bank and handed over the keys
He had sold a house in CA and was letting the interest from the sale meet the payments on the bus, we all know what the interest rate is on our saving it was costing him his saving to keep up so he decided to part ways with the coach he wasn’t behind on the payments so the coach had to set for a couple of months till he past the due dates
Here there is really no need for repo guys if you don’t pay the law enforcement will do it for you, a big stink going on here in AZ now about that law
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Charlie, call me when you get a chance. I have a customer with 2 storage units for sale in Phoenix near Deer Valley. It won’t help with the Stearman unless you are storing it with the wings off, but it may be perfect for the bus.
Steve
(800) 460-7989
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