We have owned a few camper vans, & have had to take a drop in the last 2 by 10k on the first & 5k on the last one, Due to so many coming on the market for sale
as the economy went bad & that led to people to leave NZ & head
for work especially 2 years ago when the mines started booming again in west AU. This has led to way to many campers up for sale
, I still look at campers for sale on trademe that were there 2 years ago when we first started to sell our camper, after no interest in the selling of ours we took a price drop/loss. In its valuation & what we had paid for it & done a refit
. Only then We had a sale & that person had been watching it & others for 2 years.
It is the same for houses look at USA some are selling for half the valuation price.
I did read that some people expect to get more for the sale of a boat than what they payed for it may be 5 years ago, If a new Gemini can be had for 175k why pay 140k for one that is almost 7 to 10 years old ?? At that age they are just over priced. You can actually get a new one built in PNG for 100k au. but it has to be a 40ftr & you are expected to go there before they start to build them & they only build 3 or 4 a year.
There should be a market list price like a car listed market price things are of less value over years.
There are a number of boats in the med. now that have big price drops as they are not selling fast enough & people have no work so they have to sell cheaper as the benefit doesn't cover all bills as every thing is going up in price by more than inflation.