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Topic: MOT consignment fee (Read 1008 times) previous topic - next topic

MOT consignment fee

Does anyone know what MOT charges to sell your coach on consignment?

Re: MOT consignment fee

Reply #1 –
 I seem to remember it said that they chg $3500 minimum, but could be wrong  as I was once many years ago ^.^d ^.^d
JohnH
Coachless, now use aircraft. 2003 Ford Travelair TC280 class C. Super shape. Just for 1 yr .
1994 Ford E350 ClassC,total renovation inside and out. Now sold.
2000 U295  36' Cummins 350 c/w Banks Stinger, Resonator upgrade,Solar, LED lites.Residential fridge with slide out pantry. Build 5674. Sold
ex 92 GV 022C ored Cummins. Sold
ex 95 GV240 cat 3116. Sold
2017 Mini cooper s & 2016 land Rover LR2 HSE  LUX.
jhaygarth@aol.com    SKP #130098
treat everyone as you would like to be.

Re: MOT consignment fee

Reply #2 –
Quote from: ostendorff –
Does anyone know what MOT charges to sell your coach on consignment?
Call MOT and ask. They sold our 1997 SOB coach on consignment about four years ago. We were very satisfied with the transaction.
J D Stevens
1997 U295 CAI 36' Build #5085
2002 Subaru Outback
Motorcade 16869
Bellville, TX

Re: MOT consignment fee

Reply #3 –
John, A year ago the min consignment fee at MOT was $3500, keyboard got you didn't it ?
Gary B

Re: MOT consignment fee

Reply #4 –
They sold my coach for me but I think every transaction is different.  Depends on the market and their supply chain.  They do I think like to make at least $4000 on the deal.  Not sure what the current rate is.  Good luck.  They do move a lot of coaches plus FOT told me they only wanted late year coaches to sell.  Mot is the place to sell Foretravels as they have a big following.
Dan & Shirley Stansel
2002 U295 4020 AGDS Build#6054
Towing Buick Enclave & M &  G Braking
Emerald Bay, Lake Palestine, Texas
MC# 16650

Re: MOT consignment fee

Reply #5 –
I think no one can know what a sale fee is because every deal is different. They know that some coaches will sell quickly and others take time. The more they have to do to get ready may make a difference also.  Just have to make your own deal, but they are the best place to sell your coach.
They sold one for me and the best thing was it was quick and it was sold and I was not a two coach owner for long. All sales are different.  DAN
Dan & Shirley Stansel
2002 U295 4020 AGDS Build#6054
Towing Buick Enclave & M &  G Braking
Emerald Bay, Lake Palestine, Texas
MC# 16650

Re: MOT consignment fee

Reply #6 –
Generally 10%, or 6% if you are buying a replacement coach from them , with a minimum fee (last quoted at $3,500)
Tim Fiedler    2025 LTV Unity MBL on Order
2000 Chevy Tracker 2 Door Convertible 4WD Now lifted 4.5"
1985 Citroen 2CV6 Charleston
Murphy Rebel on wheels with 175HP Titan
Cessna P337
1980 48' Westport MY (!/4 Share)

Re: MOT consignment fee

Reply #7 –
FWIW The widow of a friend of mine told me that MOT wanted $5,000 to sell her 1994 U280 earlier this year.
Bob & Nadine Hall
98 U320
07 Honda CR-V

Re: MOT consignment fee

Reply #8 –
Quote from: Tim Fiedler –
Generally 10%, or 6% if you are buying a replacement coach from them , with a minimum fee (last quoted at $3,500)

I'm sure some will think that's too high, but I think it's reasonable. If I were operating that type of business, I suspect I'd need to charge about that amount to cover my costs and make a reasonable profit.
David and Carolyn Osborn
1995 U320C SE 40' Build 4726 Feb 1995
FMCA 147762
Motorcade 17186

Re: MOT consignment fee

Reply #9 –
combined with the fact that MOT or FT will command a higher sale price, the NET cost to use one of them is less, plus no scammers, etc.

Only starts to be an issue on coaches with valuations below $25,000, as a percent of value
Tim Fiedler    2025 LTV Unity MBL on Order
2000 Chevy Tracker 2 Door Convertible 4WD Now lifted 4.5"
1985 Citroen 2CV6 Charleston
Murphy Rebel on wheels with 175HP Titan
Cessna P337
1980 48' Westport MY (!/4 Share)

Re: MOT consignment fee

Reply #10 –
Quote from: Bob Hall –
FWIW The widow of a friend of mine told me that MOT wanted $5,000 to sell her 1994 U280 earlier this year.

Not an easy sale maybe
"Riding and rejoicing"
Bob
1997 U320 40' Mid entry, build 5132,  wtbi ce27, 4th owner
2007 Solara convertible
2 prodeco tech outlaw ss electric bikes

1095 watts solar
08 Ls 460 and a sc430
2000 Ford F-250 superduty 4x4

Re: MOT consignment fee

Reply #11 –
Some coaches sit and some are hot.  Call and see which one you have. 
2025 Wanderbox Outpost 32 on F600 Expedition Motorhome
2015 Born Free Royal Splendor on Ford 550 nonslide version  for sale
Former Coaches  covering. 360,000 miles
1999 34 U270
2000 36 U320
2001 42' double slide U320
2018 Jeep Rubicon

Re: MOT consignment fee

Reply #12 –
Exactly.  Remember I sales managed a factory store from 86-89. 

Did not consigne any coaches.  Traded in yes. 

But Foretravel had enough cash flow to buy trades then.  My limit without asking was nominally $75 in the 80's but I went to $135k a few times without asking.  Floyd at Nac  liked my results. Left me alone. 

He got paid on the profits.  Another guy got paid on units.  Gave a few coaches away to help the other one literally.  Versus cost. 
"Riding and rejoicing"
Bob
1997 U320 40' Mid entry, build 5132,  wtbi ce27, 4th owner
2007 Solara convertible
2 prodeco tech outlaw ss electric bikes

1095 watts solar
08 Ls 460 and a sc430
2000 Ford F-250 superduty 4x4

Re: MOT consignment fee

Reply #13 –
Thanks for all of the responses. 

Re: MOT consignment fee

Reply #14 –
MOT agreement says 10% but there is a minimum;; uncertain what that is.  Spoke with Tyle at FOT the other day and he stated also 10% with a minimum of $10,000 whichever is greater.  Motorhome specialists get 6%, don't know their minimum but most likely will have one as I'm sure the 3 cos. are aware of their arrangements with consignment customers.
Fiddler
1959 Parris Island grad
40' 2001 U320 Build 5875
1999 Suburban K1500 toad
1986 Corvette Pacecar
ssoftail@comcast.net
 

Re: MOT consignment fee

Reply #15 –
Quote from: Fiddler –
Motorhome specialists get 6%, don't know their minimum but most likely will have one as I'm sure the 3 cos. are aware of their arrangements with consignment customers.

Motorhome Specialist sold our SOB on consignment in July 2014. The minimum commission was $3,000 plus a $500 listing fee. I might add that the SOB sold in three days.
Larry and Terry
Ex 2004 U270 36'