by noseoil » Fri Mar 05, 2021 9:33 am
Yep, supply & demand have a lot to do with things. Right now is a good time to sell, since a lot of people are going "stir crazy" with the Covid restrictions in place & affecting most of life in traveling, motels & campground stays. RV sales in general are very brisk; lots of people who are retiring now, people changing states for a move, summer trips being planned to forests & state campgrounds. Inflation is too many dollars chasing too few goods. Deflation is too few dollars chasing too many goods. Somewhere in the middle is where we typically end up, but the market place still decides the "real" value of goods in trade. I would look at your build time as a bonus over the cost of materials. To the right person, $10K might be a good price for your build, but what someone is actually willing to pay is the real market value. This might be completely different for someone in California, than it is to Arkansas or northern New Mexico.
Our insurance company would only cover the cost of materials, since our trailer is a home-build. If I had a bill of sale from someone with a real transaction to show value, they would have covered the purchase price cost of the trailer, as it's a true reflection of the market value & therefore a legitimate value. If a bank is involved, the cost is determined by the bank's willingness to lend money on the value of the goods & transaction.