What is your trailer worth? The easy answer is “what someone is willing to pay for it.” The other part of the equation is “what would it take for you to part with it?” If you are concerned with the value of your trailer, you may be wanting to sell it, or insure it. If you are insuring your trailer you will probably need a professional appraisal to meet the needs of the insurer. If we are selling a trailer for ourselves or on consignment, here are things we consider to assist us in coming up with an asking price... “I have this really RARE trailer, so it’s worth a lot!” We collect pre-1969 trailers. They are all over 50 years old and most all of the manufacturers are long out of business. They are ALL rare. They all have value, but rarity does not automatically make something more valuable. More important that a coach be desirable year, make, model, style etc., that many people want. A “rare”, one-of-a-kind trailer, has much less value if no one wants it. (Museum pieces that are not really useable have such a limited market that they sometimes do not bring as much as you would think they may.) Supply and Demand Definition: the amount of goods and services that are available for people to buy compared to the amount of goods and services that people want to buy. If less of a product than the public wants is produced, more can be charged for the product. More than any other factor, the market dictates the price. With a limited supply, and a growing demand, vintage trailer values have risen. There is no trailer “bluebook” to reference for vintage trailer values. Social media can lead you astray if you read the comments by opinionated but uneducated commentators that think they know the value of someone else's trailer having only seen a few photos and reading a brief description. If you want to know the value, get an appraisel.
If you are selling a trailer, and trying to come up with an asking price, start with what would you like to get for it? What do you have invested in time and materials? How quickly do you want (or need) to sell it? Look on-line and see what similar trailers are listed for in your area. The price you will see posted on-line is the asking price, not necessarily the selling price. Trailers posted for sale for a long time, or repeatedly on Craigslist, are likely overpriced (or they would have sold). If your trailer is in great condition, start at a higher price and see what kind of response you get. If it doesn’t move, you can always lower your asking price. Be careful not to price it so high that you get no calls because buyers think the price is ridiculous. My goal is NOT to price a trailer so the phone rings off the hook. I want to get calls from a handful of qualified buyers (that appreciate the value) and sell it to one of them. If I can do that, I know I have sold it for what I wanted to get, and the buyer got it for what they were willing to pay.
An added note: A picture is worth a thousand dollars (and maybe more.) Clear, bright photos that show the trailer from all corners and "open up" the interior can make or break the sale of a trailer. They can be the difference in how quickly, and for how much, a trailer sells for. This is the subject of another blog, stay tuned. Enlighten me with your thoughts in the comments below. By Paul Lacitinola Publisher of the VCT Magazine and the VCT Online Classifieds
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Once a year, vintage trailer enthusiasts from across the USA and Canada converge in Hollister, CA. A dozen professional builders and retired craftsman present seminars on a wide variety of skills needed to rebuild a vintage trailer. Participants can select from several different classes that will help them hone their talents in the areas they need to complete their restoration. Is Boot Camp the right thing for you? From novices to experienced builders, Boot Camp is a mix of like-minded people building relationships that will last long after the informative weekend. You can consult with the pros directly and experience their expertise in person. Many have interactive displays and hands-on opportunities that you just don’t get from a book or computer. 4 things to consider if you are still unsure:
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