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02-12-2015, 09:00 AM
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#1
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Junior Member
Join Date: Feb 2015
Location: Milligan, Tennessee
Trailer: 1999 Itasca
Posts: 5
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Used Buyers be Aware
For all you buyer's considering buying a late model trailer (2013 or newer) please be aware, that with the exchange rate where it currently is at $1.25 CDN for $1.00 US , a new $37,000 Escape (which is almost every option) will only cost $29,600 US.
Escapes' 2 year warrantee is not transferable nor is any of the warranties on the appliances.
So if you're looking at spending $29,000 (or close) on a used trailer and you can wait you might want to consider buying new!
Used 2013 Escape 19 - $29,000 USD - $36,250 CDN
Used 2014 Escape 5.0 TA - $29,500 USD - $36,875 CDN
Used 2012 Escape 5.0 - $25,000 USD FIRM - $31,250 CDN (non Tandom Axle)
I bought a NEW Escape 5.0 TA since sellers don't seem to understand this.
FYI, I am in no way affiliated with Escape Trailers Industries. Just trying to help you fellow buyers get a fair deal!
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02-12-2015, 09:07 AM
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#2
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Senior Member
Join Date: Jun 2010
Location: Central, Pennsylvania
Trailer: Escape#5 2022 E19
Posts: 26,268
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So really you mean "Used Buyers Beware"........., Harold, welcome to our Escape world, you may want to update your avatar and tell us something about yourself. By the way, there will be atleast 6 Escapes at the Townsend Tennessee Rally in April discussed here http://www.escapeforum.org/forums/f1...15-a-4899.html
stop in and take a look, first hand.
__________________
Jim
Sometime life gets in the way of living.......
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02-12-2015, 09:15 AM
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#3
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Senior Member
Join Date: May 2014
Location: Western, Colorado
Trailer: 17b
Posts: 148
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Right now, as of this morning, the loonie is at .80, which means for a $20,000 trailer from Escape, you would pay 80%, or $16,000 in USD. I'm wondering if buyers/sellers of used trailers are converting the prices, as I'm seeing trailers advertised w/o telling if the price is in CAD or USD, and 20% is a big diff.
On a 20k trailer (CAD), a one cent drop in the loonie means a $200 savings for a USD buyer. Those with Escape trailers in the US who want to sell are now going to have to compete with the fact that a buyer can get a trailer for 20% off if they're willing to wait awhile for it to be built (assuming they pay in cash now and don't wait, as the loonie's value will change). I can see this hurting US sellers who are used to seeing their trailers hold their value. Of course, a lot of people want them now and are willing to pay asking price, but I think price negotiations will become a bit trickier.
The loonie is predicted to fall even more (some are saying as low as .71), but if I were buying a trailer from Escape, I think I would pay it in full now (I'm not a gambler). It was down to .79 yesterday and seems to track with the price of oil.
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02-12-2015, 09:25 AM
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#4
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Senior Member
Join Date: Oct 2008
Location: Calgary, Alberta
Trailer: 2017 Escape 5.0 TA
Posts: 15,532
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Should we really be trying to thwart the attempts of our members to sell their trailers for what they can? Doesn't seem right to me.
__________________
2017 Escape 5.0 TA
2015 Ford F150 Lariat 3.5L EcoBoost
2009 Escape 19 (previous)
“Most folks are about as happy as they make up their minds to be.” — Abraham Lincoln
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02-12-2015, 09:25 AM
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#5
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Senior Member
Join Date: Mar 2013
Location: North of Danbury, Wisconsin
Trailer: 2018 Escape 21C
Posts: 3,033
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We had the same thought . A new 2015 19ft Escape with $7500 worth of options ( Total $33,000 CND ) is only $26,070 USD at today's listed exchange rate. The price new is considerably less than the price used .If one is willing to wait the build time now is a great time to buy .. I believe many of the used trailers for sale were purchased when the exchange rate was not so favorable to the US and the sellers are just trying to break even. . There are allways winners and looser when the exchange rate gets too far out of whack
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02-12-2015, 09:28 AM
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#6
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Senior Member
Join Date: May 2014
Location: Western, Colorado
Trailer: 17b
Posts: 148
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Quote:
Originally Posted by Jim Bennett
Should we really be trying to thwart the attempts of our members to sell their trailers for what they can? Doesn't seem right to me.
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There's a fine line between someone educating others and attempting to thwart a sale. I think it's best that someone goes into a deal knowing all the facts, as then they're less likely to feel cheated when they do find out. Used Escapes will continue to command high prices, as people will continue to want them now and not wait. But they should make that decision based on knowing all the facts about the situation.
Let me add that I just sold a used Escape for not much less than what a new one would be, but I talked to the buyer and discussed the exchange rate and the facts. He was fully aware of the exchange rate situation but chose to go ahead with the deal because he wanted a trailer now.
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02-12-2015, 09:32 AM
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#7
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Site Team
Join Date: Jun 2014
Location: Canyon Lake, Texas
Trailer: 2015 19 "Past Tents", 2021 F150 Lariat 2.7L EB
Posts: 10,222
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Quote:
Originally Posted by Jim Bennett
Should we really be trying to thwart the attempts of our members to sell their trailers for what they can? Doesn't seem right to me.
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Hmm. I'm gonna have to disagree. This forum has been an invaluable source of information on options, build sheets, trailering and camping tips, and yes - financial matters. The post above wasn't on one of the 'for sale' threads. The OP is giving those in the market information to help them get a fair deal. I appreciate that very much. Of course, if I were trying to sell at this time, I might be whistling another tune.
__________________
"You can't buy happiness, but you can buy an RV. And that is pretty close."
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02-12-2015, 09:33 AM
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#8
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Senior Member
Join Date: Oct 2008
Location: Calgary, Alberta
Trailer: 2017 Escape 5.0 TA
Posts: 15,532
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Quote:
Originally Posted by Escape While You Can
I think it's best that someone goes into a deal knowing all the facts, as then they're less likely to feel cheated when they do find out.
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I do agree, but also firmly believe that this is something for them to figure out for themselves. I think folks are smarter than some believe them out to be, is all.
__________________
2017 Escape 5.0 TA
2015 Ford F150 Lariat 3.5L EcoBoost
2009 Escape 19 (previous)
“Most folks are about as happy as they make up their minds to be.” — Abraham Lincoln
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02-12-2015, 09:36 AM
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#9
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Senior Member
Join Date: Oct 2008
Location: Calgary, Alberta
Trailer: 2017 Escape 5.0 TA
Posts: 15,532
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Quote:
Originally Posted by rbryan4
Hmm. I'm gonna have to disagree. This forum has been an invaluable source of information on options, build sheets, trailering and camping tips, and yes - financial matters. The post above wasn't on one of the 'for sale' threads. The OP is giving those in the market information to help them get a fair deal. I appreciate that very much. Of course, if I were trying to sell at this time, I might be whistling another tune.
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Yeah, but saying to buy new, instead of used, shows disrespect for those trying to sell their trailers. If I was selling a trailer right now, I would certainly be miffed. I guess my concern for these sellers is a little misguided, but it is just how I feel, and as much as others feel it is right to steer folks away from used, I have the right to feel otherwise.
__________________
2017 Escape 5.0 TA
2015 Ford F150 Lariat 3.5L EcoBoost
2009 Escape 19 (previous)
“Most folks are about as happy as they make up their minds to be.” — Abraham Lincoln
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02-12-2015, 09:39 AM
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#10
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Senior Member
Join Date: Jun 2010
Location: Central, Pennsylvania
Trailer: Escape#5 2022 E19
Posts: 26,268
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The other issue, just as important is... time. Will or would you be willing to pay more to have something "now" versus 12 months from today. What is that saying "Time is money....."
__________________
Jim
Sometime life gets in the way of living.......
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02-12-2015, 09:39 AM
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#11
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Site Team
Join Date: Jun 2014
Location: Canyon Lake, Texas
Trailer: 2015 19 "Past Tents", 2021 F150 Lariat 2.7L EB
Posts: 10,222
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Another minor detail - the OPs numbers are off. Even if the Loonie was trading for the numbers he mentioned (right now it isn't - its about 80¢ USD for a CAD) a BUYER of a new Escape isn't going to get that rate. The exchanging bank is going to take a cut. They would probably pay 82-83¢ per CAD. That could all change really quickly if the Saudis stop pumping oil in order to jack up the price, and the CAD rises as a result.
__________________
"You can't buy happiness, but you can buy an RV. And that is pretty close."
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02-12-2015, 09:40 AM
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#12
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Senior Member
Join Date: May 2014
Location: Western, Colorado
Trailer: 17b
Posts: 148
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Jim, I understand your protectiveness, but the new buyers will also be on these forums, just as the sellers are, and will become friends also. I think people should always make decisions based on knowledge. I will admit to feeling a bit bummed at seeing the loonie drop while I was trying to sell my Escape, but I'm also very happy my buyer went into the deal fully educated.
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02-12-2015, 09:42 AM
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#13
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Site Team
Join Date: Jun 2014
Location: Canyon Lake, Texas
Trailer: 2015 19 "Past Tents", 2021 F150 Lariat 2.7L EB
Posts: 10,222
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Quote:
Originally Posted by Jim Bennett
Yeah, but saying to buy new, instead of used, shows disrespect for those trying to sell their trailers. If I was selling a trailer right now, I would certainly be miffed. I guess my concern for these sellers is a little misguided, but it is just how I feel, and as much as others feel it is right to steer folks away from used, I have the right to feel otherwise.
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I hear ya Jim. I didn't take it as steering folks away from used to new but just pointing out the financial side of that. Besides, in our case anyway, we would have bought new regardless because we wanted it our way. I think its two different groups of buyers, with different priorities.
__________________
"You can't buy happiness, but you can buy an RV. And that is pretty close."
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02-12-2015, 09:55 AM
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#14
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Senior Member
Join Date: Mar 2013
Location: North of Danbury, Wisconsin
Trailer: 2018 Escape 21C
Posts: 3,033
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Exchange Rate
Quote:
Originally Posted by Escape While You Can
The loonie is predicted to fall even more (some are saying as low as .71), but if I were buying a trailer from Escape, I think I would pay it in full now (I'm not a gambler). It was down to .79 yesterday and seems to track with the price of oil.
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Several articles I read said that .75 is an almost certainty if the US economy continues to grow at its present rate and ,73 to .71 is possible. I find no joy in the losses of others because of the changing exchange rate but we can't alter reality . One should not be criticized for stating a fact or passing on valuable information.
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02-12-2015, 09:58 AM
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#15
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Senior Member
Join Date: Apr 2012
Location: Calgary, Alberta
Trailer: 2012 Escape 15 A
Posts: 1,505
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Perhaps it's just us .....but this thread title caught us thinking " oh oh what's not good " - leaves a negative taste . Can't help but think that anyone looking and reading this forum as well as ads would also be aware of the exchange rates .
__________________
All things in life are easier to swallow with a good cup of tea .....
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02-12-2015, 10:11 AM
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#16
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Senior Member
Join Date: Mar 2013
Location: Asheville, North Carolina
Trailer: 2014 Escape 19
Posts: 895
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I think that in addition to exchange rates, you need to consder location as well as time. An Escape on the US east coast has been transported a long ways from Chilliwack. Whether towed or transported, there is cost involved.
__________________
Kevin
Thanks to the interstate highway system, it is now possible to travel across the country from coast to coast without seeing anything - Charles Kuralt
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02-12-2015, 10:21 AM
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#17
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Senior Member
Join Date: Oct 2008
Location: Calgary, Alberta
Trailer: 2017 Escape 5.0 TA
Posts: 15,532
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Quote:
Originally Posted by gabeck
Perhaps it's just us .....but this thread title caught us thinking " oh oh what's not good " - leaves a negative taste . Can't help but think that anyone looking and reading this forum as well as ads would also be aware of the exchange rates .
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Yeah, that definitely could be part of the negativity felt. And you are right, folks are definitely aware of exchange rates. I mean, who here found this a surprise?
__________________
2017 Escape 5.0 TA
2015 Ford F150 Lariat 3.5L EcoBoost
2009 Escape 19 (previous)
“Most folks are about as happy as they make up their minds to be.” — Abraham Lincoln
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02-12-2015, 10:42 AM
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#18
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Site Team
Join Date: Nov 2008
Location: Portland, Oregon
Trailer: 2014 Escape 5.0 TA
Posts: 11,023
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Time is not only money, but it's your life and memories you're waiting on. Every day is a gift, no matter your age and it's more precious the older we get. DON'T DELAY PLEASURE.
You can always make more money, you can not make more time!
__________________
Donna D.
Ten Forward
2014 Escape 5.0TA
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02-12-2015, 10:44 AM
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#19
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Senior Member
Join Date: Oct 2008
Location: Calgary, Alberta
Trailer: 2017 Escape 5.0 TA
Posts: 15,532
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Quote:
Originally Posted by Donna D.
You can always make more money, you can not make more time!
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True, dat!
__________________
2017 Escape 5.0 TA
2015 Ford F150 Lariat 3.5L EcoBoost
2009 Escape 19 (previous)
“Most folks are about as happy as they make up their minds to be.” — Abraham Lincoln
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02-12-2015, 11:17 AM
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#20
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Senior Member
Join Date: Jul 2013
Location: Auburn, California
Trailer: 2012 17B
Posts: 120
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Hi, all, I'm back. And have my own personal answer to 'buyer beware.' Yes, if you have all the time in the world, or think you do, wait. But life doesn't always go by the book. I had that brand new 21, then had lung cancer. Sold the 21, had surgery and chemo. Ordered a new 17, then worried about not being able to use it, so cancelled. Last month my 1 year CT was clear, and when Dave Okimoto's 17B came up for sale, I sure jumped on it! What is an exchange rate bobble in trade for a summer? Will be picking it up next week and taking it to Chilliwack for a solar retrofit. As Donna says, YMMV.
And through all this, I can't express my gratitude enough to Tammie for her understanding.
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