Hi bidder at $25 USD on this fifth wheel RV trailer.
- Thread starter GON
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It’s possible the other party was at fault - not the RV owner?
GON
$100 Site Donor 2024
The trailer was listed as a theft, so assumption is the rv owner's insurance was state farm and this loss was a comprehensive claim.
So it was declared a loss, and the insurance company paid for its total value. When it was found later, the insurance company offered the owner some price to buy it back, and he refused. State Farm thinks this thing is worth more than anyone else does.
GON
$100 Site Donor 2024
Reserve not being met at auction is not uncommon. The insurance companies want to maximize their recovery from the loss.
Yes, I was the only bidder 0n 4 JAN 2024. But one has to look at a few other factors. When was the trailer appraised? If it was summer in Portland, I suspect this would may likely have had different biding attention. if this trailer was in Denver/ El Paso/ Phoenix/ Tucson, I suspect this trailer would have had much more bidding attention. Wet Portland the first week in January is not the most inviting time to bid on a trailer with missing windows. The same trailer in Phoenix- the missing windows mean significantly less.
Quite possibly my best auction buy was a 2006 S500, one owner, dealer maintained with 40k miles. I won the bid at $300 USD. The car was auctioned in Pittsburgh. The car was listed as an engine fire, but it was not a engine fire, the car was in a garage that caught fire. If this car was in LA, Miami, NYC, Philadelphia I suspect it would have sold for well over $3,000 USD.
If you ever get bored- here is the thread on the $300 engine fire S500:
2006 S500 4matic external fire reserection thread
www.benzworld.org
AZjeff
$50 Site Donor 2023
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I have to assume they figured someone like this is going to bid on it - but there website says you pay them to take it away, and they still sell what they can. I had assumed there was some sort of recycling - how many of these things do they make a year? Useful life is likely shorter than a Hyundai Theta 2 engine.
a1rvrecyclingandsales.com
A1 RV Recycling And Sales
If you need RV appliance repairs, need to purchase that hard to find part or just need to recycle, scrap or salvage your RV, we can help you out. We have thousands of parts, fabrics and appliances to help you solve your RV repair need and keep it on the road.
They make plenty. You can find the same travel travels stacked pretty deep at dealers all over the country. It should be noted they may have different names and/or model numbers but they are the same trailers by a given manufacturer.I have to assume they figured someone like this is going to bid on it - but there website says you pay them to take it away, and they still sell what they can. I had assumed there was some sort of recycling - how many of these things do they make a year? Useful life is likely shorter than a Hyundai Theta 2 engine.
A1 RV Recycling And Sales
If you need RV appliance repairs, need to purchase that hard to find part or just need to recycle, scrap or salvage your RV, we can help you out. We have thousands of parts, fabrics and appliances to help you solve your RV repair need and keep it on the road.
You could have made that work. the neat thing about rebuilding an RV is there aren’t many rules, and the bar is low. Even the wife won’t care much. you can use cheap materials with good diy craftsmanship to make a really neat, serviceable interior, to your customized liking. I think you would have been ok. And if you clean up the outside, which really wasn’t bad, nobody would fuss. Paint it a newer dark gray with black trim and there’d be style points awarded galore.
GON
$100 Site Donor 2024
Quick update:
The trailer is now available via buy it now for $1600 USD, about $2400 out the door (before taxes/title/license) out the auction lot.
A vehicle you watched is now available via Buy Now:
The trailer is now available via buy it now for $1600 USD, about $2400 out the door (before taxes/title/license) out the auction lot.
A vehicle you watched is now available via Buy Now:
| Stock Number | Year | Make | Model | Location | Price | Auction Date |
| 37885275 | 2000 | KOMFORT | KOMFORT | OR | $1,600.00 | 01/11/2024 |
Bottom line is the insurance company feels they can get more money for it. Good luck to them. I'm sure if will be a good project for someone, if they find someone willing to pay their price. Otherwise they can scrap it, write it off, and close the books on it.
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I seriously wonder about a major insurance company worrying about $1600 dollars. You would think they just want it gone however?
GON
$100 Site Donor 2024
I have been told (unvalidated) that the insurance companies pay IAAI/ Copart $100 to store and auction off the vehicles. IAAI and Copart make their money from the Buyers, not the Sellers ((unvalidated). If accurate, the cost to State Farm to keep a vehicle at auction another week is zero, and see what a new week may bring. An insurer like State Farm has thousands of vehicles at auction per month, so a few people at a State Farm central office rejecting/ accepting non reserve met bids likely generates more income than the expense of rejecting non reserve bids.
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