Trying to put a price on a trailer - REO Property Preservation Forum
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post #1 of 16 (permalink) Old 04-07-2013, 05:51 AM Thread Starter
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Trying to put a price on a trailer

I was looking at a used small enclosed trailer, 6X10, single axle, the seller basically wants what he paid for it, 11 yrs ago. I told him he was crazy, so he says make an offer. He paid 2800$ 11 years ago, and basically wanted 2400$. So my question is, what do you all think it is worth? Im thinking around 800-1000$. It is in good shape.
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post #2 of 16 (permalink) Old 04-07-2013, 06:11 AM
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I think he's high and your a tad low. Trailers really hold their value well especially if kept in good condition. $1300-$1400 depending on the brand.
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post #3 of 16 (permalink) Old 04-07-2013, 06:32 AM Thread Starter
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I have been searching them all morning, and I think he might want to just keep it, if he thinks it is that valuable. I can buy a brand new one, same size, etc. for $2000.

http://detroit.craigslist.org/wyn/bfd/3681055861.html
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post #4 of 16 (permalink) Old 04-07-2013, 06:35 AM
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At that price I would go with the new as you'll have some type of warranty...and new tires.....

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post #5 of 16 (permalink) Old 04-07-2013, 06:45 AM
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Quote:
Originally Posted by JDRM View Post
I have been searching them all morning, and I think he might want to just keep it, if he thinks it is that valuable. I can buy a brand new one, same size, etc. for $2000.

http://detroit.craigslist.org/wyn/bfd/3681055861.html
I'd pick up that new 6x10 if it's a Look trailer. They are built really well.
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post #6 of 16 (permalink) Old 04-07-2013, 06:47 AM
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Man that's a good price on an enclosed trailer. I just purchased a new 6x10 open and paid $1500!!
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post #7 of 16 (permalink) Old 04-07-2013, 06:55 AM
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Just bought an 05 8.5' x 20' Well Cargo enclosed for $3400, but it was at a gun auction with few buyers for equipment. Sounds like your seller was overpricing but trailers hold value for function over looks.
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post #8 of 16 (permalink) Old 04-07-2013, 07:02 AM Thread Starter
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I agree, they do hold value nicely.But as cleanup man stated, if its a matter of $500 for brand new trailer, tires, warranty, etc. I may just pay the extra $500, that is considering he would even go that low on the used. The sale price has dropped considerably since he bought his 11 years ago, I seen his receipt, and like I said, he paid $2800.
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post #9 of 16 (permalink) Old 04-07-2013, 07:07 AM
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Sorry, I need to clarify. Good trailers that function as intended do hold value, but it sounds like he overpaid 11 years ago, so his numbers just don't work. Sometimes I wonder if people check the going prices before listing or just their original reciept. I was looking for guns and bought the Wells Cargo as a fluke, but you can find trailers for sale every day of the week. To me, I'd say thanks and have a good day and go find another one just like it.
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post #10 of 16 (permalink) Old 04-07-2013, 08:32 AM
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$800-$1000 is right on the money. Maybe up to $1200 if you like it and condition is decent. The only reason to buy used is to save a considerable amount of money. And as was said you forego possible warranty, and new tires, bearings. $2400 is ridiculous. If he thinks its worth more let him keep it. He doesn't sound like a motivated seller. Move on.
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