Utility trailers; better than gold, greenbacks, or real estate?

Discussion in 'Trucks and Trailers' started by GrassGuerilla, Apr 3, 2013.

  1. GrassGuerilla

    GrassGuerilla LawnSite Bronze Member
    Posts: 1,437

    Over the years I've noticed that utility trailers seem to always hold their value. It's amazing to me how trailers (especially mid-size 5x10 or 6x12 ish) seem to avoid any depreciation. Often a times increasing in value over just a couple years. Buy a new truck, or mower and in a couple years its lost 20-30%.

    Screw my Roth IRA. I'm investing it 5x10 utility trailers.
    Posted via Mobile Device
     
  2. Grassmechanic

    Grassmechanic LawnSite Silver Member
    Posts: 2,697

    If you want something that really increases in value (more than doubled last year) invest in hammer forged steel, copper, lead ,and brass.:cool2::gunsfirin
     
  3. GrassGuerilla

    GrassGuerilla LawnSite Bronze Member
    Posts: 1,437

    Can't hardly buy the dang things right now. Shelves are empty. I have a few.
    Posted via Mobile Device
     
  4. weeze

    weeze LawnSite Fanatic
    Posts: 8,035

    i bought my 5x10 about 2-3 years ago for $999. i rode by the place where i bought it the other day. the same trailer costs $1299 now.

    i think it's rediculous how the prices just go soaring up so quickly these days. something is messed up bad in our world and our economy. in 5 years a 5x10 is gonna cost $2000. it's a joke man.

    somebody out there is getting rich quick. it's not like there is a steel shortage in the world or anything. what's the deal?
     
  5. GrassGuerilla

    GrassGuerilla LawnSite Bronze Member
    Posts: 1,437

    The part that amazes me is people are asking as much for used as new, often asking more than the original price. Never thought I'd see utility trailers hold there value better than the dollar.
    Posted via Mobile Device
     
  6. Chris_NC06

    Chris_NC06 LawnSite Fanatic
    Male, from Sanford, NC
    Posts: 6,669

    Inflation. Obummer and his buddies are printing money like it's going out of style. The more money you print, each dollar becomes worth less.
    Posted via Mobile Device
     
  7. MotoKrome

    MotoKrome LawnSite Member
    Posts: 120

    Yup, I can attest. Just sold my enclosed cargo, that I bought used, and the responses were overwhelming. Had fifteen, almost desperate sounding responses in less than twelve hours. Ended up selling to a guy who offered me more than what I was asking, to get dibs on being able to see it first. I agreed (money talks!), and he didn't try to negotiate. Pretty much a complete opposite of what I'm used to from online classifieds.

    I used it all year, and sold it for more than I paid for it. It was in slightly worse condition than when I bought it too. It was an investment that made me money. Unbelievable.
     
  8. WorkerB

    WorkerB LawnSite Member
    Posts: 2

    I'm currently in the market for a utility trailer and thought the same thing myself...I my area, VA, it's better just to buy new, because the 2-3 year old trailers cost just as much...atleast the few I've seen on CL lately...
     
  9. OakNut

    OakNut LawnSite Platinum Member
    Posts: 4,069

    Yep. They hold their value for sure.

    It's amazing what people in classifieds want for their redneck home-built "trailers" even with no title.
    Posted via Mobile Device
     
  10. bmc1025

    bmc1025 LawnSite Senior Member
    Posts: 323

    I bought an 09 gatormade pos 16x7.5 off a guy for 700.00 in 2011 he included 4 spare tires with rims (3 of them brand new!)
    In 2014 I sold it for 700.00 with a bent frame and paint missing everywhere,a couple bad floor boards and at least 24,000 miles more than what I bought it with, not to mention 3 bald tires....
    Posted via Mobile Device
     

Share This Page