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pyrOman
Fire Master
Joined: July 21, 2003
Posts: 12408
Location: Over 2002 posts deleted!
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 Posted: Thu Feb 05, 2015 7:45 am Post subject: How much is my bus worth? |
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No! The Dormy is NOT for sale! 
However, methinks there should be a sticky "Official How Much Is My Bus Worth?" thread since it seems almost daily there is a new thread asking basically the same questions. 
Most answers are the same too: "Look at comparable buses in the classy ads! Original paint! Rust/bondo issues! Floors, battery tray! Interior condition and/or completeness!" Etc. etc.... 
Not trying to "knock" anyone out here, just commenting on an observation. What say you? 
Burn me if you want too! I love fire! 
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EverettB 
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Joined: April 11, 2000
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Location: Phoenix Metro
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M183kombi
Samba Member
Joined: February 01, 2008
Posts: 288
Location: Kearns, UT
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| Posted: Thu Feb 05, 2015 7:58 am Post subject: |
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I was thinking the same thing, there should be a sticky for this subject...lots o' people apparently have no clue what their bus is worth plus I think it might be interesting for those who are curious about insurance values...
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srfndoc
Samba Member
Joined: August 21, 2010
Posts: 3275
Location: SoCal
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| Posted: Thu Feb 05, 2015 8:00 am Post subject: |
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I agree there are a lot of these posts. The problem is, as you know, a bus is worth what somebody is willing to pay for it. That is a very subjective thing so throwing numbers out might not be that much help.
Take your Dormy for example.... camper guys love the shit out of it and would be willing to pay big $$$. Other guys could take it or leave it. If you posted "what is my dormy worth" I think you would get a big range of prices based upon the posters interests.
I think a more useful thing would be a legend of previously sold buses with all their details:
Sold (01/03/14) - 66 Kombi, all original with complete interior, 15k.
Sold (11/13/14) - 59 Single Cab, lowered, WW suspension, 12k.
That has real value and can be used to get a somewhat accurate price based upon previous sales (comps). The hard part is getting people to honestly tell you what they paid (or sold) a bus for. Maybe some type of anonymous submission process although some bus sales would be easy to pick out.
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EverettB
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GTV
Samba Member
Joined: March 27, 2004
Posts: 2084
Location: Si'ahl
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| Posted: Thu Feb 05, 2015 8:39 am Post subject: |
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I was thinking the same thing, one sticky thread please.
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scottvw
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Joined: November 17, 2004
Posts: 2821
Location: Centennial, CO
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| Posted: Thu Feb 05, 2015 8:48 am Post subject: |
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All this is going to do is turn into a pissing match on people tearing apart each others busses.
I do agree, each vehicle is different and the price that is worth is the price someone is willing to pay. |
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Erik G
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Joined: October 16, 2002
Posts: 13270
Location: Tejas!
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| Posted: Thu Feb 05, 2015 8:52 am Post subject: |
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just thinking outloud - Maybe seperate forum "what's my VW worth" and only a select group of people can answer"? Maybe also recent auction prices, a spot where sellers can list what they actually sold their cars for, etc? Just thinking of a way to make it work, because I do think there is a general need for this. Like the "what's my car worth?" tv show
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Schwing
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Lind
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Joined: November 06, 2000
Posts: 9915
Location: idaho
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| Posted: Thu Feb 05, 2015 9:40 am Post subject: |
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your bus is probably worth LESS than what comparable examples are not selling for in the classifieds.
comparable means very similar condition, model, options and year.
it can sometimes be hard to find comparables for less common or rare buses.
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pyrOman
Fire Master
Joined: July 21, 2003
Posts: 12408
Location: Over 2002 posts deleted!
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| Posted: Thu Feb 05, 2015 9:58 am Post subject: |
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Well, generating quite a few responses in a short time! 
Of course there will always be exceptions to the norm, but generally speaking most always get the same response. Either a smart aleck answer or the suggestion to look at the classifieds. Or one could even browse through the "hater" thread, er, I mean the "whines", to see what others are commenting about similar buses!?! That's what I would do if I was looking to price something I had or intending to buy. 
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norcalmike
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Joined: May 14, 2005
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Location: Marina, CA
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| Posted: Thu Feb 05, 2015 12:40 pm Post subject: |
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| I agree that a sticky that people can post their bus for evaluation would be good. it would archive value discussions in one thread for future reference. |
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G-wood Todd
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Joined: January 11, 2005
Posts: 1047
Location: Colorado
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| Posted: Thu Feb 05, 2015 1:27 pm Post subject: |
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I've thought about this as well. I have no intention on selling my buses anytime soon but I am needing a realistic agreed insurance value. Its difficult to determine a realistic value not knowing what stuff REALLY sells for.
A dedicated sticky might be nice however it might get a little confusing to follow with info on multiple busses in one thread.
Overall, I think its a wonderful idea IF people can only offer CONSTRUCTIVE feedback on value only.
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and take the kids for instance "Are we going in the Volkswagen bus?" and they say "Yay!" and clap their hands and if it's a glorious day you can slide the sunroof back and let a little of the glory in and all of a sudden, it stops looking funny.
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ateneo
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Location: Orange County, California
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| Posted: Thu Feb 05, 2015 2:52 pm Post subject: |
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I remember going to this VW show and I spotted a bus that had a “For Sale” sign on its windshield. I checked on the condition of it and it seems to be decent. One thing that I noticed on the “For Sale” sign was it did not indicate the price.
The owner was nearby and so I asked him how much is he selling his bus. He gave me a reasonable price but he quickly said that he is not ready to sell the bus yet. (Huh?) This kind of puzzled me and so I asked him why he placed a “For Sale” sign on his bus if he is not even ready to sell his bus. He said that he is just trying to feel the market and wants to know the value of his bus by letting people make an offer. But he is still not ready to let go of his bus.
I know it is their bus and they have the right to do this. Nothing against the law about doing that. It just made me think if that bus owner is just trying to amuse himself and try to satisfy his curiosity so that he can come home to his wife and tell her, "Hey honey, someone offered me so & so amount for my bus! But I am not selling it".
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cdennisg
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| Posted: Thu Feb 05, 2015 3:05 pm Post subject: |
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I have never really agreed with the old adage "your (name vehicle here) is only worth what someone will pay". If that were the case, then why bother with appraisals for insurance claims and agreed value policies?
An appraisal gives you a reasonable value of your vehicle. You can do the legwork yourself for this info, or you can pay an expert.
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G-wood Todd
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Posts: 1047
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| Posted: Thu Feb 05, 2015 3:17 pm Post subject: |
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| cdennisg wrote: |
I have never really agreed with the old adage "your (name vehicle here) is only worth what someone will pay". If that were the case, then why bother with appraisals for insurance claims and agreed value policies?
An appraisal gives you a reasonable value of your vehicle. You can do the legwork yourself for this info, or you can pay an expert. |
Or in the case of theft or a total loss. Its only worth what the insurance company will give you.
I think this type of thread can help in these type of situations to determine the true value of a bus.
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and take the kids for instance "Are we going in the Volkswagen bus?" and they say "Yay!" and clap their hands and if it's a glorious day you can slide the sunroof back and let a little of the glory in and all of a sudden, it stops looking funny.
-Volkswagen ad |
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Abscate
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Joined: October 05, 2014
Posts: 22648
Location: NYC/Upstate/ROW
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| Posted: Thu Feb 05, 2015 3:29 pm Post subject: |
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| cdennisg wrote: |
I have never really agreed with the old adage "your (name vehicle here) is only worth what someone will pay". If that were the case, then why bother with appraisals for insurance claims and agreed value policies?
An appraisal gives you a reasonable value of your vehicle. You can do the legwork yourself for this info, or you can pay an expert. |
An insurance appraisal and market value are two very different things.
The guy trying to gauge the market by offers received is on a fools errand.
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cdennisg
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Posts: 20271
Location: Sandpoint, ID
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| Posted: Thu Feb 05, 2015 3:42 pm Post subject: |
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| Abscate wrote: |
| cdennisg wrote: |
I have never really agreed with the old adage "your (name vehicle here) is only worth what someone will pay". If that were the case, then why bother with appraisals for insurance claims and agreed value policies?
An appraisal gives you a reasonable value of your vehicle. You can do the legwork yourself for this info, or you can pay an expert. |
An insurance appraisal and market value are two very different things.
The guy trying to gauge the market by offers received is on a fools errand. |
Isn't an insurance appraisal based on finding market value? It seems they are directly related.
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Stocknazi
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Posts: 5150
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| Posted: Thu Feb 05, 2015 7:43 pm Post subject: |
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It would be nice to have a thread dedicated to "how much is my bus worth" questions. Maybee one for parts too?
Sometimes you really don't know what you have and need someone to help identify it.
All these "how much is this worth" threads don't realy add anything to the technical Q and A on The Samba. It would be nice if they were in a seperate non-technical area like the general chat is.
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glideking
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| Posted: Thu Feb 05, 2015 8:07 pm Post subject: What is my bus worth |
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I think we just have to tolerate these posts. I don't think a "sticky" will help. To lump them all under one post could be confusing. "what is my bus worth" people are new and don't know our ways. I think these questions are almost as funny as some of the answers.
There is no correct answer to that question anyway. I would not sell my bus for 10 times what it cost me to restore. I have too much of myself invested than anyone could reasonably pay. I will do it again too. It is a syndrome with us!
Kurt
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