I have trying to research the "selling price" or in my case, my potential purchase price of the 2004 U320 that I have mentioned in an earlier post. It is a 2004 model, 40', 2 sliders, 500hp. washer/dryer and in excellent shape appearance wise. We have been able to inspect some items, but some interior functions are unknown. The coach is a bit higher mileage (that was you see on the FT and MOT sites) at 90,000 miles. My question is how much do Foretravel dealers discount their coaches off the "advertised price" when an actual sale takes place ? I am just looking for a percentage, or some sort of wild guess. I assume that there is a difference between what is asked and what a coach actually sells for. This will help me to arrive at an offer price. Any help will be appreciated. Thanks !
That is not very high mileage. I do not know that the discount really applies to used coaches as well. the new coach has a MSRP so they can take a trade in and still finance you if you are upside down.
I would research the Web to see the asking price on other similar coaches, and use that to determine what to offer for the coach. The worst the dealer can say is, "No," and then you can make another if you like.
(Personally, I wouldn't consider 90,000 miles on a 2004 model to be "high." It's better to have one that's actually been used than one that has "aged out" from a lack of use!)
I think that trying to figure a selling price is akin to herding cats. You can check all sorts of sources and every one of them will have a different price. The real price is what you are willing to pay and the seller is willing to take. NADA is generally on the low side, but that gives you a bottom number to work with. Consider the age of the tires and batteries, as replacing those can really add to the total price. If the seller has already replaced them the coach is obviously worth more than one which still needs the replacement. The seller ought to know that they won't recover the full price of new tires and/or batteries, but having them replaced will certainly speed the sale. Remember that EVERY coach will need some work to bring it to your standards of mechanical readiness and interior/exterior amenities.
Somewhere on this forum you will find a very good depreciation schedule which, in my opinion, approximates the value of these coaches well. NADA seems to be kinda useless (i.e., too low) because of the low number of Foretravel transactions, and just faulty logic.
"guess would be somewhere in the 15-16% of the original MSRP" one of the members here wrote .... depending on the condition I'd say close to 20%
Also this may help:
TheBrays wrote "Coach financing chatter (split from 1996 Foretravel U270 For Sale) (http://www.foreforums.com/index.php?topic=19997.msg143753#msg143753");
I have an early 2004 (ism 450) that we bought used in Nov 2011 from FOT. They were asking 200K but after two trips from Arizona they know we were serious and dropped the price to 180K. My coach had 78,000miles at that time. It now has 92,000ish.
Before the sale was finale we had the headlights and taillights converted, we had a satellite dish installed and we had a sleep number bed installed. the finale price was 190K. So in my case the discount was about 10% from asking.
I have been very happy with the coach and I look forward to dealing with FOT again when the time comes, 5 to 10 years I'd guess.
If I was selling my coach today I'd hope to get 160K give or take a little. Just a guess, and it's not for sale. Okay, I'd take $250, 000 cash. Everything has a price I guess.
David,
Do you know how much was your 04 FT when it was sold as new?
Thank you,
AL
From Barry's site, for 2004, base prices for the U320's:
Pricing
3810 $533,500
4010 $551,000
4210 $578,000
Duh :-[ I should of looked on Barry's site.
Thank you Michelle