Downsizing 5W - dealer trade in or sell it ourselves?
retread said
10:43 AM Jul 24, 2010
We're preparing to conclude our full-timing chapter after a wonderful 2 year tour of the US with our kids. We want to downsize our 5th wheel to a less bulky size and also are willing to downgrade the amenities for the more limited use of a vacation rig.
Any experiences with trade in's at dealers to downsize? Should we plan to sell it ourselves and then shop for our lesser rig?
Luvglass said
11:18 AM Jul 24, 2010
Any time you insert another party in the buy / sell arrangement the price has to be adjusted for that party.
If you sell to a dealer you get less and if you buy from a dealer you pay more. To a lot of people that is OK though, to avoid the additional work of selling yourself, ie advertising, showing, paper work, etc. The same on the buying side, dealer prep, warranty, etc.
On the flip side though, there can be considerable profit to be enjoyed by selling your self and buying privately.
To each his own!
azrving said
12:20 PM Jul 24, 2010
Sell it yourself! Dealer will want retail for his unit but will only offer wholesale for your unit. I never trade any big ticket items and have never had any problems selling my stuff. I don't usually buy anything from dealers due to the sales tax, private party sales have no sales tax here in AZ and back in SC. Not the same in all states though.
60srocker said
12:19 PM Sep 28, 2010
azrving wrote:
Sell it yourself! Dealer will want retail for his unit but will only offer wholesale for your unit. I never trade any big ticket items and have never had any problems selling my stuff. I don't usually buy anything from dealers due to the sales tax, private party sales have no sales tax here in AZ and back in SC. Not the same in all states though.
Alabama has sales tax on private sales, but, vehicles excepted, they rarely ever get the sales tax money, because they can't identify it. Vehicles, however, must be titled, and they collect the sales tax then, unless you can prove that you've already paid it.
To stay on topic, no one should ever do a trade-in. Depending on the value of the two items, you will lose hundreds or thousands of dollars on the deal. It's no big deal to put a listing on Craigslist to sell anything, and there is little or no cost to do so.
Any experiences with trade in's at dealers to downsize? Should we plan to sell it ourselves and then shop for our lesser rig?
Alabama has sales tax on private sales, but, vehicles excepted, they rarely ever get the sales tax money, because they can't identify it. Vehicles, however, must be titled, and they collect the sales tax then, unless you can prove that you've already paid it.
To stay on topic, no one should ever do a trade-in. Depending on the value of the two items, you will lose hundreds or thousands of dollars on the deal. It's no big deal to put a listing on Craigslist to sell anything, and there is little or no cost to do so.