Honest appraisal of value of old eggs - Fiberglass RV
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Old 07-03-2014, 12:29 PM   #1
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Name: Tim
Trailer: '88 Scamp 16, layout 4
North Florida
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Honest appraisal of value of old eggs

Having recently purchased an older Scamp (1988) and having started the rehab process I felt moved to post this for those thinking about buying an older “egg”. I bought a fairly solid rig and still have spent upwards of $2,000 additional hard cash, and have probably invested at least that much more in un-paid “sweat equity” just to get it road worthy, dry, and usable. I have kept scrupulous records to capture every penny spent just so I would not be fooled by missing those little expenditures that can really add up. I am a Carpenter by trade and have all the tools and equipment, including welding tools, to do all the repairs/upgrades otherwise my cash investment in rehabbing the old Scamp would be much greater.

I don’t want to turn anybody off from buying and fixing up an old egg. Far from it I want every egg to be loved and enjoyed and saved for the future, like their inherently sturdy timeless designs allow (with reasonable maintenance). My fear is an escalation of “perceived” values (prices) in the marketplace because our old eggs are so great. People, both buyers and sellers, need to have an honest view of the real value of these machines. And old machines that need a lot of work and upgrading should be valued accordingly.
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Old 07-03-2014, 12:43 PM   #2
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Name: Carl
Trailer: 1994 Scamp 16
Arkansas
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Timber,
I am glad that you have the tools and energy for these rebuilding projects! I use to love doing rebuilds and making things better than new. Age has a way of changing ones mind! Now I do not look for projects like yours. But, I think you are a wonderful person to tackle this project! It would be great to see some pictures of before and after? That is if you have time?
Thank you, I hope you project turns out better than you thought!
Carl
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Old 07-03-2014, 02:08 PM   #3
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Alberta
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As a father of 5, I don't have much free time. When I get the bunny suit on and start grinding, or laying down fibreglass, I am in my happy place. I buy trailers that require work, not for value, but for fun. I am sure that the hours that I put in probably pay me less than minimum wage, in terms of increased value, but I look at it as being paid to have fun.
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Old 07-03-2014, 02:22 PM   #4
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Trailer: '88 Scamp 16, layout 4
North Florida
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Originally Posted by David Tilston View Post
I buy trailers that require work, not for value, but for fun.
I enjoy the sense of satisfaction of repairing things and getting use out of them, but it is not fun for me. And when/if I end up with more money in something than it is worth, or I could have bought a new one for, I feel like a chump. The people I directed my post to are those whom based on their questions apparently don't have a clue. Like failed axles, these are serious and costly issues and need to be factored into any value consideration.
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Old 07-03-2014, 02:34 PM   #5
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Name: kootenai girl
Trailer: 1976 Trillium 1300
British Columbia
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Before I got into the older egg trailers I was totally bemused as to why you would see so many half finished projects for sale. After taking on an oldie that needed lots of work I totally understand. You have to be in it for the love and I now know total rehabs are not for me
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Old 07-03-2014, 02:39 PM   #6
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Name: Dave W
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kootenaigirl, Not happy with your Trillium?
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Old 07-03-2014, 02:47 PM   #7
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Name: kootenai girl
Trailer: 1976 Trillium 1300
British Columbia
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Love my Trillium David, I see that one as needing minor cosmetic items to just spruce it up which all older trailers need. I was referring to my previous Boler which needed much more work and led to my husband saying he wasn't renovating any more trailers with me
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Old 07-03-2014, 05:27 PM   #8
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Name: Roy
Trailer: 1972 boler American and 1979 Trillium 4500
Ontario
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Quote:
Originally Posted by David Tilston View Post
As a father of 5, I don't have much free time. When I get the bunny suit on ...
Reminder to self, don't wear bunny suit, thinking that's how Dave got there in the first place.
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Old 07-03-2014, 05:27 PM   #9
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Trailer: 1974 Boler 1300 - 2014 Escape 19'
Alberta
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Quote:
Originally Posted by Timber Wolf View Post
Having recently purchased an older Scamp (1988) and having started the rehab process I felt moved to post this for those thinking about buying an older “egg”. I bought a fairly solid rig and still have spent upwards of $2,000 additional hard cash, and have probably invested at least that much more in un-paid “sweat equity” just to get it road worthy, dry, and usable. I have kept scrupulous records to capture every penny spent just so I would not be fooled by missing those little expenditures that can really add up. I am a Carpenter by trade and have all the tools and equipment, including welding tools, to do all the repairs/upgrades otherwise my cash investment in rehabbing the old Scamp would be much greater.

I don’t want to turn anybody off from buying and fixing up an old egg. Far from it I want every egg to be loved and enjoyed and saved for the future, like their inherently sturdy timeless designs allow (with reasonable maintenance). My fear is an escalation of “perceived” values (prices) in the marketplace because our old eggs are so great. People, both buyers and sellers, need to have an honest view of the real value of these machines. And old machines that need a lot of work and upgrading should be valued accordingly.
I couldn't agree with you more.
I am a mechanic by trade and a cabinet maker by hobby with both full metal and woodworking shops so I also have the tools and training. I am always "tinkering" with something, or building something unique. I usually don't start out with any sort of plan...things just evolve into what I envision once the project starts.

When I bought our Boler I paid what I thought was top dollar for it as it appeared to be in good shape, but just like an older home problems lurked that only relieved themselves later. My Boler project has taken 3 years and over $8,000 in parts and materials over and above the original purchase price (no labor included in those figures).

Has it been worth the cost and effort? in my mind YES.
Will I ever get the current appraised value from it? probably not but I built it for me and my wife, not to profit,
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Old 07-03-2014, 06:58 PM   #10
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Oklahoma
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At some point a comparison can be drawn between the cost of a refurbished egg and the price of a brand new egg. This will be the main limiting factor on what a refurb will bring on resale. However, there are intangibles to the refurbisher (satisfaction of the project and of doing it one's own way).
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Old 07-03-2014, 08:22 PM   #11
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Name: Charlie Y
Trailer: Escape 21 - Felicity
Oregon
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Originally Posted by Mike Magee View Post
At some point a comparison can be drawn between the cost of a refurbished egg and the price of a brand new egg. This will be the main limiting factor on what a refurb will bring on resale. However, there are intangibles to the refurbisher (satisfaction of the project and of doing it one's own way).
Well put Mike. What my wife considered a 14,000 pound yellow lawn ornament when I brought it home eventually came back to life as a first year of production RD4 Cat bulldozer - machine 101, born in 1939. Took 12 years and thousands of $ to find/fix the parts. But it was worth it to me. Took a lot of beer, too.......

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Old 07-03-2014, 10:38 PM   #12
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Texas
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Quote:
Originally Posted by Mike Magee View Post
At some point a comparison can be drawn between the cost of a refurbished egg and the price of a brand new egg.
This may be true, but I think even then you are still ahead of the game when it comes to "customizing" your egg. I know I wouldn't be as willing to get in there and change things on a "new" camper as I am with my well-loved scamp... but the expense of many items (solar, LEDs, etc) still add up, new or old
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Old 07-04-2014, 02:30 AM   #13
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Charlie, the beer goes along with ALL projects and can't be factored into the overall price. Sitting in the garage on your favorite stool and figuring out just how to make that mod work for you takes a few. Like they say, it's part of doing business
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Old 07-04-2014, 09:26 AM   #14
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Sarah,
Love the graphics on your camper!
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Old 07-04-2014, 06:38 PM   #15
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Rehabbing an old trailer if you don't love the adventure makes no sense but you also have to factor in the self inflected payment plan. People who don't have the means or desire to plunk down a wad of cash for a high end unit can still get into the game with some pain, frustration, and adventure. Who's to judge value. When your gone its not about the money matters but the path you have traveled in your life.
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Old 07-04-2014, 09:25 PM   #16
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Originally Posted by stevebaz View Post
Rehabbing an old trailer if you don't love the adventure makes no sense but you also have to factor in the self inflected payment plan. People who don't have the means or desire to plunk down a wad of cash for a high end unit can still get into the game with some pain, frustration, and adventure. Who's to judge value. When your gone its not about the money matters but the path you have traveled in your life.
Well said Steve . After restoring eight fg trailers the money I invested I could of easily have bought a new one but I don't think I would of gotten near the satisfaction of turning something that looked hopelessly bad with no chance of ever being camped in again into a trailer featured on a major magazine cover .
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Old 07-04-2014, 09:49 PM   #17
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Name: Dale
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Colorado
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Antique John Deere tractor rebuilders set the bar on doing restorations just for the love of doing restorations. They will spend $3,000 on a fixer-upper, put 3 years and $3,000 more into it, then sell it for $3,000 just so they can buy the next $3,000 fixer-upper. And they do it over and over again just for the love and pride of bringing another one of those great old green machines back to life. God bless them....
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Old 07-04-2014, 11:57 PM   #18
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Quote:
Originally Posted by Timber Wolf View Post
Having recently purchased an older Scamp (1988) and having started the rehab process I felt moved to post this for those thinking about buying an older “egg”. I bought a fairly solid rig and still have spent upwards of $2,000 additional hard cash, and have probably invested at least that much more in un-paid “sweat equity” just to get it road worthy, dry, and usable. I have kept scrupulous records to capture every penny spent just so I would not be fooled by missing those little expenditures that can really add up. I am a Carpenter by trade and have all the tools and equipment, including welding tools, to do all the repairs/upgrades otherwise my cash investment in rehabbing the old Scamp would be much greater.

I don’t want to turn anybody off from buying and fixing up an old egg. Far from it I want every egg to be loved and enjoyed and saved for the future, like their inherently sturdy timeless designs allow (with reasonable maintenance). My fear is an escalation of “perceived” values (prices) in the marketplace because our old eggs are so great. People, both buyers and sellers, need to have an honest view of the real value of these machines. And old machines that need a lot of work and upgrading should be valued accordingly.

The value of most things sold used is something agreed on a case by case basis between seller and buyer. If you want to buy an older trailer with the idea of making it a good or better than new with paying price then you must be a bit naive. As long as you enjoy it the price isn't an issue.
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Old 07-05-2014, 06:55 AM   #19
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Before Hurricane Sandy, I was looking for a used older fiberglass Trailer. I am "relatively" handy....did significant fiberglass repairs to the keel of my last "new to me" sailboat which the prior owner used about a dozen coats of bottom paint to cover all the significant cracks in the keel that would have sunk to the bottom. I bought it in Tn, and paid to have it delivered so there was a good chunk of money...almost sued him but decided I could do the work and took me about 3 months of time cutting away the damage, letting it all dry out and reglassing...2 years later when Sandy had her way with it, the keel was still bone dry.

When you don't have the money to buy a newer one, and have the time and skills you can make do. Axle, tires, brakes, running lights...highest priority to make it a useable camper shell...then slowly doing everything else can get you into the camping world much cheaper initially, but when its time to add new fridge, stove, water heater, furnace the price starts rising. I was ready to go this route to have a stand up camper. I built 2 tear drop trailer sized tiny travel trailers in the past so I knew I could do the work.

I got lucky and got a nice check from the insurance company for my boat so when I saw my ParkLiner for sale I decided it was worth it to save the time and for once have something almost brand new. Not that I am not always tinkering with it and adding things (solar panel, new removable upper vent for the fridge, new Maxx Air deluxe roof vent, new crank for the emergency exit, awning, new upholstery (twice lol...thank the gods I have an industrial machine and the know how lol) and a million other little projects lol) But that's mostly customizing.

Going the sweat equity way is not necessarily the cheaper path but after the important things are done to make it street safe and legal...you can start camping in It and add new components as you have time and money...I sadly don't have the "big boy job" with the "big boy Paycheck" lol so you learn to make do.

Both choices are valid and up to the individual to think hard if they can do the work and is it worth it to them.
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Old 07-05-2014, 08:45 AM   #20
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Name: Norm and Ginny
Trailer: Scamp 16
Florida
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We purchased an older trailer in fair shape and have made numerous upgrades and modifications. The benefit is that you can make it into what you want and need.

We view it as a continuous process, each year when we return we have a list of improvements and some repairs to make. Though there are better trailers than ours available, our Scamp is like an old pair of shoes, comfortable and known.

We have company for the week. My nephew just borrowed my Keens to wear crabbing at the beach with his son. I've had a new pair of Keens for a year that I've hardly worn, the old ones have to almost fall apart for me to change to the new. Loyal to my shoes and comfortable with my trailer.

Have a great holiday,
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