Posted 2009-04-28 8:12 AM (#104081) Subject: What's it worth?
Regular
Posts: 60 Location: Missouri
In shopping for a LQ horse trailer, how do we know what it is worth? I know that age, condition, features, floor plan, quality and other factors can be compared to other trailers on the market. What if there is damage to the trailer? A cosmetic flaw that (probably) doesn't affect it's structure or performance, but is still very evident, and probably very hard to repair because of the location. I don't mean to be so vague; I am just trying to check things out before making an offer on a trailer. I think I remember there was an effort to come up with a "Blue Book" for trailers - is there any word on the progress?
I'd sure appreciate any input or information - Thanks!
Posted 2009-04-28 9:03 AM (#104087 - in reply to #104081) Subject: RE: What's it worth?
Location: Where the wind comes sweepin' down the plain...
The way I look at it is that I will bid accordingly. Damage can be repaired. Just using round numbers....if the trailer is worth $10,000 and has $1500 worth of damage, to me, it is an $8000 trailer. Even if it is cosmetic. When buying something I will try to consider what my resale will be if I need to sell it for some unseen reason in the next 6 months. Some people may not consider a trailer with damage, so I may have to fix it to sell it. Do a little research and see if you can get someone to give you a "ballpark" price on fixing the damage and use that to help you make the bid.
Posted 2009-04-28 10:36 AM (#104097 - in reply to #104081) Subject: RE: What's it worth?
Elite Veteran
Posts: 714 Location: Minnesota
NADA does have book values on some trailers. It is in the RV section.
The problem with cosmetic blemishes is that when you know they are there, it will always stick out like a sore thumb to you, even if other people don't notice it.
I agree with Tresvolte that a $10,000 trailer with $1,500 damage would be worth less than $8,500. I would say maybe even $7,000-$7,500.
What's it worth?
