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Thread: Trade in values
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Old 11-29-2018, 04:49 PM   #7
The Gritz Carlton
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Brand: Thor Motor Coach
Model: THOR Chateua 35SF
State: Florida
Posts: 5,850
THOR #11130
True values get totally lost in a trade deal...there's a term called "over allowing" which means, they give you more for the trade but you pay more for the new one. If you can get a true, triple net price on the new one...THEN...toss in the trade for evaluation, you'll get their real number. Plus, they won't be too pleased you did it this way. It's the first question they ask..."do you have a current RV now (that's their Red Flag)...will you be trading it it?". It's usually a "wholesale for wholesale" or "retail for retail" deal, but the bottom line difference between them will be the same. They would love to see retail price for theirs and wholesale price for yours. No offense Bob, but usually when you get more for it than you paid, there's been some serious over allowing going on. This is normally based on a pay-off balance due on the trade which they need to overcome in order to make the deal.
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Now an SOB
Traded Thor for Melbourne Prestige 24NP
2018 THOR Chateau 35SF
Two Labs, Bugsie & Blondie
Blondie passed in 2020 at 5 to Leukemia
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