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So I found a nice class c I am interested in, the seller has come down a little on the price. But the price is based on what he owes. So I realize he does not have the Title in hand, he lets me know what bank he owes to and i find out their branches are on the east coast. I was hoping to go with him to the bank pay it off so I could have the title right a way or they could mail it to me. Oh, and it is 2 hours 15 minutes to his place to see the rig. He has no problem with a pre-purchase inspection, so he would work with me.
Any advice on what i should do? I don't like the idea of sending a lot of money to somewhere on the east coast.
Thanks in advance, any and all advice is appreciated.
I'm confused. Is this rig 2 hours and 15 minutes from where you live? You didn't really say if you have physically seen the unit. Your bank should be able to advise you on this and handle the transfer of the money to the east coast bank.
Rodger....call the bank and see if it has a sister bank in your area......or go to your bank and set up your transaction THRU your bank so its verified without you jumping thru a ton of hoops.....and have the title released to your bank who will hand it over to you.......Less headache......less chance of being scammed....also if there is fee's involved they can be negotiated with the seller.
Better to be safe than sorry.......
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1998 ...Harney Renegade DP class A
rers1@mail.com
My Service dog and life partner " Nikki"......Klee Kia Miniature Husky....(she Runs the ship!!)
We are not lost in the Woods.....Just Extreme boondocking!!!!!!
I'm confused. Is this rig 2 hours and 15 minutes from where you live? You didn't really say if you have physically seen the unit. Your bank should be able to advise you on this and handle the transfer of the money to the east coast bank.
Sorry for the confusion, yes it is 2:15 from where I live and i have not physically seen the unit.
Rodger....call the bank and see if it has a sister bank in your area......or go to your bank and set up your transaction THRU your bank so its verified without you jumping thru a ton of hoops.....and have the title released to your bank who will hand it over to you.......Less headache......less chance of being scammed....also if there is fee's involved they can be negotiated with the seller.
Better to be safe than sorry.......
I called the bank and all their branches and affiliates are on the east coast. Great advice though and if I see the unit and am interested I will go thru my credit union ( don't have a bank).
With wire transfers and electronic funds transfers bank to bank, the fact that his bank is on the east coast is almost a non-issue. Your bank should be able to work with his bank and setup some means by which to transfer the funds. Just be sure to get something in writing from his bank indicating you bought the RV and the title is being sent to you.
That being said... I see a lot of Class Cs for sale, you should be able to find something a little less complicated to buy in your area.
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"Small House, Big Yard "
"May the FOREST be with you" Alfa See-Ya 5'er and 2007 Kodiak C4500 Monroe
Thanks Bear, yes I am still looking, I have found more class C's and some A's that look interesting for around the same money.
I am looking at 2 Fleetwood "Storms" class A's, one is a 1999 model year and the other is a 2000 year model. They both have low mileage, but the 99 has hydraulic jacks one of the things I would like to have.
Thanks,
Roger
-- Edited by rgrrmg on Thursday 19th of December 2013 11:36:54 AM
I would think that you could find quite a few rigs within a two hour radius of you. As others have said, using your CU to handle the financial details is the way to go. They might charge you a small fee for handling the details, but the peace of mind would be worth it.
I wouldn't pay the asking price if it is based on what is owed UNLESS I was convinced that the price was realistic. NADA is not all that great on RV prices, especially for low volume brands, but it will at least give you an idea of what to pay. I used the PPL website as a price guide, too.
Why the unit is for sale is also important. Someone who is trading for something different would probably use the existing coach as a trade-in, although they might think they could get more on their own, especially if they still owe quite a bit on it. Might the seller have purchased the wrong coach, realized the mistake, and is now trying to recover the money? Are there health or age issues that force the sale? Are there mechanical problems? The answers to those questions may well tell you to run away as quickly as you can, or they may tell you to buy before someone else does. Until you see the coach and evaluate it yourself, or have an expert do that for you, you really don't know.
I would think that you could find quite a few rigs within a two hour radius of you. As others have said, using your CU to handle the financial details is the way to go. They might charge you a small fee for handling the details, but the peace of mind would be worth it.
I wouldn't pay the asking price if it is based on what is owed UNLESS I was convinced that the price was realistic. NADA is not all that great on RV prices, especially for low volume brands, but it will at least give you an idea of what to pay. I used the PPL website as a price guide, too.
Why the unit is for sale is also important. Someone who is trading for something different would probably use the existing coach as a trade-in, although they might think they could get more on their own, especially if they still owe quite a bit on it. Might the seller have purchased the wrong coach, realized the mistake, and is now trying to recover the money? Are there health or age issues that force the sale? Are there mechanical problems? The answers to those questions may well tell you to run away as quickly as you can, or they may tell you to buy before someone else does. Until you see the coach and evaluate it yourself, or have an expert do that for you, you really don't know.
Thanks for the info., I did ask him why he was selling it. He told me he has a place in the mountains he prefers to go to so he doesn't use the MH much. Also he said it needed new tires and new coach batteries.
I'm with David as far as price goes. I was hoping someone would bring up that issue says she who is speaking from experience in purchasing our 2nd rig.
Best of luck in your search.
Sherry
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I don't know where I'm going but I'm on my way. - Carl Segan
Our "Rolling Rest Home" 2013 Trilogy 3650RL dragged by a 2005 GMC Sierra 4x4 Diesel Dually -SOLD
Thanks for all your great advice...Now I am looking at a Fleetwood Flair 26ft., it has a chevy 454 and the specs say the towing capacity is 3500 lbs.. I own a Honda CRV that I want to use as my toad and it weighs 3500 lbs., anyone with advice if the 1998 Fleetwood can pull it?
Flairs are nice but make sure before you buy it that it will work for you......not much room to relax in that model and sitting at the booth table all the time will get old fast fulltiming!!!!.........not sure if they made a flair that year with a slide
__________________
1998 ...Harney Renegade DP class A
rers1@mail.com
My Service dog and life partner " Nikki"......Klee Kia Miniature Husky....(she Runs the ship!!)
We are not lost in the Woods.....Just Extreme boondocking!!!!!!
Flairs are nice but make sure before you buy it that it will work for you......not much room to relax in that model and sitting at the booth table all the time will get old fast fulltiming!!!!.........not sure if they made a flair that year with a slide
Thank Mike, I will see it this Saturday and see how I like it...
We looked at one years ago, that size, and we were impressed by the amount of storage for such a small unit. I do see them here in KS regularly still being used and in decent shape on the outside.
