Browsing "Buying Miranda"
Nov 26, 2010 -

Using a Dealership to Broker a Private RV Sale

On Fridays, I write about financial issues that affect Canadian Full-Time Rvers.

RVers shopping for a used rig may miss out on a good private deal because they find the paperwork overwhelming, are worried about the financial transactions not going smoothly, and are having trouble getting financing in the form of a loan or credit line.

The solution is to have a dealership broker a private RV sale.

The dealership will arrange all the paperwork, set up the financing, and handle the financial transactions. This service is paid for by the financing company and does not cost the RVer anything. There are no hidden costs here; if the buyer and seller have agreed on a sales price of $50,000 with $5,000 down, then the amount financed is $45,000, plus interest, unless the buyer wants to finance the provincial sales tax as well.

Dealership financing can offer more advantageous financing than taking out a regular loan, offering lower interest rates and longer terms that make the RV loan similar to a mortgage.

It is even possible to use a dealership in another location without ever meeting in person, using courier and fax to transfer documents.

There are many good used rigs available in classified ads. Using a dealership to broker the deal can open up many more opportunities to the shopper hungry for a great deal and a hassle-free transaction.

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Announcements, Buying Miranda, Finances, Technical    1 Comment
Jun 15, 2010 -

Level Headed

The topic du jour at the Escapees forum is electric levelers. This is what I had to say:

I have a class C without levelers. Leveling for me involves parking in as flat a spot as possible and then going inside to see where I’m tilting. I then eyeball how many levelers I might need (mine are wood and custom made by the previous-previous owner). I drive onto the levelers, then go back into see how I’m doing. Come back out and make adjustments (which usually involves kneeling in mud). Back, forth, up down, ha, perfect! Then when I get ready to leave I have to drive off and pick up the levelers (usually buried in mud or frozen to the ground). Sometimes the ground is so soft the levelers on the passenger side jump up and jam against my exhaust pipe. Once I have the levelers in hand (and am covered in mud), I have to put them away. They take up a whole compartment and become a home for spiders and other critters, so pulling them out is always an adventure.

Needless to say, my next rig will be one that has electric levelers. When I hit the road, I thought those things were frivolous. I was so naïve (and much less mud splattered).

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Buying Miranda, Leveling, Technical    13 Comments
May 2, 2010 -

Miranda is Not Who I Thought She Was!

I learned something about Miranda in the past few days that has simply boggled me.

She was sold to me as a 1997 model. Nothing in my paperwork actually gave the model year, so I assumed that this was correct even though little things didn’t jive, like the brochure Glendale sent me,  the fact that she does better in cold weather than she should, and her layout being just a tad off from other ’97s.

The gang at Lube-X told me that according to Ford, she couldn’t possibly be a ’97 (I think it’s because there were no E-450’s built in ’97).

And then I met up with a real ’97 Royal Classic en route to the Chasm and the suspicion that has been growing for longer than I realised was confirmed:  Miranda is a 1998 model!

I did some more digging and found proof! There is a note under the hood that she was built in December 1997, officially making her a 2008 model. A year might not seem like much, but I think that for an RV it makes a huge difference.

Guess this means I can hope to be ‘stuck’ with her an extra year!

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Buying Miranda, Technical    8 Comments