Not Such A Good Deal

 Posted by at 12:02 am  Nick's Blog
Oct 152017

It’s happening already. But that’s no surprise, it happens every time there’s a flood or a hurricane. Rip off artists are already advertising RVs and cars at amazingly low prices, sometimes less than half of retail. They’ve always got a reason why it’s such a good deal. Their uncle bought it and only put 2,000 miles on it before he died and they’re selling it for their aunt. After they got the rig they found out their wife or kid has a serious illness and are not going to be able to travel. There are a dozen more stories to explain why you are getting such a bargain. But it always comes down to the same thing, some personal issue came up and they just need to unload the RV in a hurry. Their loss is your gain. Yeah, right!

I heard from somebody yesterday who saw a rig advertised on Craigslist in Oklahoma City, a 2016 diesel pusher with less than 3,000 miles on the odometer, and the poor folks were forced to sell it because their sister and her family lost everything in Hurricane Harvey and they were selling the RV to use the money to help them rebuild their lives. They said low Blue Book on the motorhome was just over $125,000 and the seller was only asking $60,000 because he needed to move it quickly to help his poor sister.

Fortunately, these folks had sat through my How To Be A Smart RVer Shopper seminar at a rally once, and they said immediately alarm bells started going off in their heads. They asked a lot of questions, and the seller had a perfectly reasonable answer for every one of them. No, the rig had never been wrecked, no it was in like new condition, yes he could probably get more from a dealer but he was in a hurry and didn’t want to mess with all that.

Then, while the wife was listening to the spiel, the husband crawled inside of one of the basement storage bays and looked closely and saw the faint stains from a water line. Just as they suspected, the motorhome had been in a flood somewhere. Mr. “I just want to help my sister” picked it up for next to nothing and was trying to pawn it off with a sob story about what a great guy he was. Yeah, his loss is your gain.

Don’t fall for it folks! If a deal seems to be too good to be true, it always is. Do your homework. Spend the time to look in every nook and cranny. Then look again. Because I guarantee you, if somebody is selling something for that much less than it’s worth, there’s a reason. Once a vehicle has been flooded like that, there’s no way that you can ever correct all the problems it’s going to have. So save yourself the trouble and buy from a reputable seller. You’ll pay more but you will still be money ahead in the long run.

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Thought For The Day – If you can smile when things go wrong, you have someone in mind to blame

Nick Russell

World-Famous, New York Times Best Selling Author, and All-Around Nice Guy!

  5 Responses to “Not Such A Good Deal”

  1. In regards to MH, my state requires the unit to be re-titled ” Flood” ” Rebuild” . Do you know if this is common in most states? Also, would a title search turn up this information?

    But your old adage “That if it is too good to be true, it usually is” is too true:)

  2. I am not sure what the requirements are in different states.

  3. If you really want to see how a good deal works go to any vehicle salvage website
    You can browse hundreds and hundreds of RVs that have been flooded hail damage or out right salvage and you can usually pick them up for about $.20 on the dollar
    You can retitle in different states some of the states do not require or care about a salvage repair hail damage or distracted title And do not trust Carfax,, all you have to do is pay Rocky to fix it or so you could sell it for full price even so it should’ve been junk no insurance or car fax needed
    Craig list is flooded with lowball RVs cars boats eBay is starting to get the same way they expect you to put a high down payment
    And no they will not pick you up at the airport
    There are people right now in Florida and Texas buying up damaged vehicles before the insurance companies inspectors get there
    I saw my first TV ad for hurricane Lawyers advertising for hurricane losses
    Also Texas Florida we pay cash for your home buyers there are buy your flooded damaged home unrepaired for about $.40 on the dollar
    According to the newspaper, people are jumping at those kind of deals
    But over the long run where did they go after they take the deal
    It PAYS to get a good second opinion

  4. They call it re-branding titles
    and it’s fairly common

    To give you a quick idea how it works

  5. Nick, GREAT INFO. You’ve motivated me to post similar info on my own website. One thought – a salvage title will ONLY show up in a search IF the trailer/RV has been claimed under insurance. This is a safe bet if a dealer owned it (probably lots of dealer inventory got trashed in the storms), but if it was a privately owned rig, and if the owner simply let it dry out with the idea to sell it at “fire sale prices”, I would think the ONLY way to determine it was in a flood is to do what your buyer did – crawl into the basement and see if there is any sign of water damage.

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