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Member
Posts: 6
Location: Rising Sun, Md. | Ok so quick question...How well does a trailer actually hold value?As in if the one I am looking at cost $10,400 new 13 years ago. Was appraised for $8k in 2001 and is being sold now after having sat for 8 years and done next to nothing including not had service or inspections.... Is it worth $8k still???My gut says no. Not to mention the new tires, wheel bearings and unknown condition of the brakes and electrical I will have to deal with.BUT.... It's a well loved brand and indeed has rarely been used and looks great is solid and it's manufacturer saw the pics and said to buy it. "It's a steal, but I'd offer less."I am just not sure how to go about trying to offer less without 1.) losing the deal altogether or 2.) offending the seller. Or even knowing if I should offer less. I have at least $1k worth of work in front of me before I can put a horse in it. Minimum.Any and all advice is welcome.Thanks~Emily |
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Member
Posts: 49
Location: NC | I guess it partly depends on brand, type (Alum or Steel), and condition. but the fact that it sat for years means it will need work and tires, so I wouldn't think it would be worth that still. |
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Member
Posts: 6
Location: Rising Sun, Md. | Alum skin, Steel fram, fiberglass roof2 horse Gn with dressNo rampBrand I am gonna hold off telling in case someone tries to steal my deal. I have a deposit but I am wary of losing a chance to buy this myself. |
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Expert
Posts: 3853
Location: Vermont | Well...I'd look real hard at the attachment points of the aluminum skin to the steel frame and make sure their is no electrolysis going on...I'd check the REAR corners of the frame for rust and then I'd want to hose down the roof to see if there were any leaks |
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Veteran
Posts: 213
Location: Virginia | It really depends on the quality of the trailer and how well it was maintained. I purchased an early 90's 4-Star about 2 yrs ago. The guy joked that I was paying nearly what he paid for it new. And I got a great deal - I could have easily sold it for several thousand more. The guy realized he underpriced it when he got so many calls with people willing to buy it sight unseen. I just happened to be the first one there with the money. I spent some money buying new tires and havings the bearings serviced - well worth it for the great trailer I have now. I will not lose money on this trailer - it will hold its value. A trailer that was $10K 13 yrs ago may be selling for close to $20K new now. |
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Expert
Posts: 1877
Location: NY | if the trailer is in good shape and can be towed sitting long could cause problems I would go for it and have the work on it done |
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Extreme Veteran
Posts: 489
| I have always been of the opinon that alluminum trailers are like golf courses....as long as you aren't the first owner it's probably not going to lose much value. Like someone else said trailers continue to increase in price and the same trailer might cost $20,000 new so that keeps the value of the old trailers up. |
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Member
Posts: 6
Location: Rising Sun, Md. | Update: WE got it!!The pics of it are here. Picking it up next week.http://s103.photobucket.com/albums/m147/Xctrygirl/Hawk%20Trailer/We got a good price. Higher than 6500, which is where I started, but not full asking price.It will come down and start being serviced ASAP and hopefully be road worthy in time for St. Patrick's Day.We did talk to both the folks at Hawk and DiBella's for guidance and their input was very helpful.~Emily
Edited by Xctrygirl 2012-03-08 9:47 PM
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Veteran
Posts: 201
Location: Lincoln, NE | Congratulations on your trailer. If you got a Hawk you'll love it. |
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