'2007 Newell 4 slides' $497K Can You Beat That ? or . . - Page 2 - Luxury Coach Lifestyles
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Old 02-27-2008, 12:46 PM   #11
Richard and Rhonda
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Well it's an interesting thought, but one that may have some problems with the bottom line money.

One, as any house flipper would tell you. You make your money on the buy, not the sell. A house in a certain neighborhood will only bring so much money, regardless of how much you put into it's renovation.

The point is that the coach will ALWAYS be a salvage coach, and as such, has a cap on it's market value.

The next bump in the road is that it costs more in labor to tear out and replace, than it does to build new.

In my opinion, there is a little negative financial motivation for Newell to buy that coach.

Also, I met a gentlemen a couple of years ago, that purchased a salvaged Newell and paid the Newell factory to rebuild it for him. He told me that Newell said "Never again".
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Old 02-29-2008, 02:26 PM   #12
ikcandco
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- Richard and Ronda,
- Thanks for your info and point.
-
- I'll try to back-up my thoughts and see what You 'All think.
-
- 1- Like all good projects there is an evaluation to be made of rebuilding and see if the
mission is worth while.
-
- 2- If #1 is worthy, my attention wash focus on making of this project :
- - - a) A team assignment, 'No Cost Involve' with manpower ;
- - - b) It's an 'After Work' project ;
- - - c) Profits are separated by the number of hours of each person that contributed their time
and efforts ;
- - - d) I would think in a family community this would create a 'Kind of Bonu$' for interested
employees.
-
- 3- One way or another (rebuilt by anyone or any company) the person purchasing this coach
knows that this coach is a 'Salvage Coach' and will certainly purchase-it at a great price.
- - - a) As I mentioned, for Newell, my guess is if this coach is rebuilt with 'Newell Employees'
not paid by Newell, it will certainly be a privilege for Newell Coach's reputation to know that
the rebuilt coach would be as perfect as possible not something you might see if a 'Salvage
Coach' is rebuilt by 'Company 'X'.'
- - - b) It's very easy to tarnish one's reputation and loose lots of ground by having a (in this
case) Newell Coach riding sideways down the road of having the coach owner swearing about
the glides and so on that don't fit and other stuff that others will experience by seeing, hearing
about a 'Newell Coach' without them knowing that it's a 'Salvage Unit.'
-
- 4- The demanding price is still unreasonable for this 'Salvage Coach.'
-
- So this is Why ! :wink:
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Old 02-29-2008, 05:16 PM   #13
Richard and Rhonda
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I guess that I am jaundiced by working in corporate America.

Given the litigous society that we live in, if I were Newell I would forbid my employees to touch a project like this. I doubt the coach can be repaired without the extremely large chassis equipment that Newell or other bus manufacturers own.

If the coach were free, then in my opinion it is still a bad deal. If Newell is associated with it in any way then they have an implied legal responsibility for the coach for it's lifetime. There is no way any money made could compensate for that liability.

In my opinion the only way to make any money on this coach is to part it out, and it has to bought for pennies on the dollar, not a third of it's original price.
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Richard Rhonda Ty and Alex Entrekin
1995 Newell # 390 DD Series 60, Allison World Trans
Subaru Outback toad
CoMotion Tandem
Often wrong, but seldom in doubt
Rhonda's chronicle http://wersquared.wordpress.com/
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Old 03-01-2008, 02:54 AM   #14
ikcandco
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- Richard and Ronda,

- 1- Without seeing the coach, it's hard to say if there's damage to the chassis or not.
- - - Severe are your comments, from what I read, I think that when it comes to the words
'Salvage Coach' you really don't seem to care about such a vehicle or trust the results.

- 2- What Makes, in this case, a 'Salvage Coach :'
- - - A 'Salvage Coach' is not necessary a vehicle that you will have problems after fixing-it !
- - - For instance here is a part of the text that accompanied a Marathon Coach for sale by a
salvage company's, the text was in red :

> WHY YOU'RE PAYING SO LITTLE!
> When the insurance company decided to pay the coach owner in full, by Law, they had to
> brand the title, SALVAGE. This also gives Prevost and Marathon the right to cancel their
> warranties, however, the individual product warranties DO still apply. The original Marathon
> warranty would have less than 5 months left anyway. There are several aftermarket
> warranties available if that is important to you. So here is the question, why was it
> considered a salvage item when it did not require repairs? An insurance company must
> report any total loss scenarios and brand the title as such, no matter what the condition of
> the item. Since it was insured, the owner simply made it an issue, and rightfully so, that he
> bought a NEW coach, and was due a NEW coach back. Not one with even the slightest bit of
> residue. (I'll venture a guess that if he had not insured it, he would still be driving this work
> of art!) So, he ordered a new Marathon, the insurance company took the hit, now you get
> the savings! This coach was so perfect when I picked it up, my family and I left 24 hours
> later for our 15 day trip! My wife has serious allergies, if she can't tell how will you? Think of
> it this way, if the title was not branded SALVAGE, you would be paying THOUSANDS MORE!
> You decide, can you handle a deal when it comes your way, or will you let your banker,
> brother in-law, wife or anyone else tell you how to spend your money?


- 3- Many 'Passenger Buses' are rebuilt that are in worse condition than this Newell.

- 4- I must add :
- - - From the sale of such a project, the employees could hand over the profits to a local charity, organization or similar. :wink:
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