Home » Public Forums » GMCnet » Why so few partnerships?
| Why so few partnerships? [message #213523] |
Sat, 06 July 2013 19:44  |
Luvn737s
Messages: 1106
Registered: June 2007
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GMC used to promote the idea of shared ownership of motorhomes in some of their literature and for something that gets so little use (generally) I wonder why more like-minded folks haven't gone in together to split the costs and burden of owning a GMC? While two individuals might not be able to justify a motohome on their own, or even be able to do all the work themselves, a pair of them probably could.
If I could find a capable fellow GMC co-owner in AZ, I would seriously consider developing into a partnership of some sort. The more the coach gets used the better it will run.
Randy
1973 26' Painted Desert
Ahwatukee (Phoenix) AZ
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| Re: [GMCnet] Why so few partnerships? [message #213567 is a reply to message #213523] |
Sun, 07 July 2013 02:22  |
sgltrac
Messages: 2797
Registered: April 2011
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Ever have a business partner?
Todd Sullivan
Sully
77 royale
Seattle
On Jul 6, 2013, at 5:44 PM, Randy <Acrosport2@hotmail.com> wrote:
>
>
> GMC used to promote the idea of shared ownership of motorhomes in some of their literature and for something that gets so little use (generally) I wonder why more like-minded folks haven't gone in together to split the costs and burden of owning a GMC? While two individuals might not be able to justify a motohome on their own, or even be able to do all the work themselves, a pair of them probably could.
>
> If I could find a capable fellow GMC co-owner in AZ, I would seriously consider developing into a partnership of some sort. The more the coach gets used the better it will run.
> --
> Randy
> 1973 26' Painted Desert
> Ahwatukee (Phoenix) AZ
>
>
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Sully
77 Royale basket case.
Future motorhome land speed record holder(bucket list)
Seattle, Wa.
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| Re: [GMCnet] Why so few partnerships? [message #213572 is a reply to message #213570] |
Sun, 07 July 2013 07:42 |
mickey szilagyi
Messages: 273
Registered: January 2013
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We're sort of in a partnership - father and son. We're pretty compatible but we have butted heads on many of the things we've done and are doing to fix up the 77 Kingsley we purchased last fall. Mostly little stuff like what brand parts to use, where to run a certain wire, wire gauges and so forth. We've relied heavily on the input from this forum which has helped in making these decisions. I could see a partnership working if the motorhome was fairly new and didn't need a lot of work and the work was being done by someone else. But on these coaches that we all are constantly working on with the variety of decisions and ways to do things I could see how a partnership could be a problem. Too many big ticket decisions each with too many possible answers - wheels, air suspension systems, tires, batteries, appliances, interior improvements, the lists goes on.
For us it's been pretty rewarding, lots of work and patient spouses. We've done a fair amount and lots yet to do but so far so good.
FWIW,
Mickey
1977 Kingsley, 403, Lansing, MI
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| Re: [GMCnet] Why so few partnerships? [message #213592 is a reply to message #213576] |
Sun, 07 July 2013 10:28 |
jhbridges
Messages: 8412
Registered: May 2011
Location: Braselton ga
Karma: -74
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When I sold Cessnas for a bit, we always had a lawyer (my Dad) write the agreement. For an airplane, you spell out who and when, and specify a certain amount per hour which goes into the maintenance fund for repairs and overhaul money. The ones which worked best were those where the partners had different off - days and interests to which they flew.
--johnny
From: Dan Gregg <gregg_dan@hotmail.com>
To: gmclist@temp.gmcnet.org
Sent: Sunday, July 7, 2013 9:09 AM
Subject: Re: [GMCnet] Why so few partnerships?
My thoughts:
Airplanes have scheduled maintenance and expenses. Partnerships would work better with known expenses coming due. I suspect there is a bank acount with regular and equal contributions made by each party. The engine must be rebuilt every so many hours on a plane.
Now, if one could find a pilot who knows and understands this one might find a partner for a GMC. GMC s break down, airplanes just crash and burn.
But, what do I know, other than life is good as a single owner of my GMC.
Dan
--
Dan & Teri Gregg
Dexter, Mo.
http://danandteri.blogspot.com/
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Foolish Carriage, 76 26' Eleganza(?) with beaucoup mods and add - ons.
Braselton, Ga.
I forgive them all, save those who hurt the dogs. They must answer to me in hell
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| Re: [GMCnet] Why so few partnerships? [message #213673 is a reply to message #213523] |
Mon, 08 July 2013 07:48 |
Steven Ferguson
Messages: 3447
Registered: May 2006
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It doesn't work. If you want to find out just how badly it doesn't work,
try sharing a trailer with a neighbor. Let's say that you are retired, and
he isn't. Because you have the time, and a rental, you frequently use the
trailer for dump runs or construction material or whatever. Now it's time
to buy tires. 50/50 right? Even though you've used the trailer 15 times
and he's only used it once, he's responsible for 50% of the cost of new
tires, registration, oh yeah, and about than mangled fender. Guess who's
no longer you best friend and neighbor?
BTDT, Steve F.
On Sat, Jul 6, 2013 at 5:44 PM, Randy <Acrosport2@hotmail.com> wrote:
>
>
> GMC used to promote the idea of shared ownership of motorhomes in some of
> their literature and for something that gets so little use (generally) I
> wonder why more like-minded folks haven't gone in together to split the
> costs and burden of owning a GMC? While two individuals might not be able
> to justify a motohome on their own, or even be able to do all the work
> themselves, a pair of them probably could.
>
> If I could find a capable fellow GMC co-owner in AZ, I would seriously
> consider developing into a partnership of some sort. The more the coach
> gets used the better it will run.
> --
> Randy
> 1973 26' Painted Desert
> Ahwatukee (Phoenix) AZ
>
>
> _______________________________________________
> GMCnet mailing list
> Unsubscribe or Change List Options:
> http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
>
--
Take care,
Steve
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| Re: [GMCnet] Why so few partnerships? [message #213674 is a reply to message #213673] |
Mon, 08 July 2013 07:59 |
jhbridges
Messages: 8412
Registered: May 2011
Location: Braselton ga
Karma: -74
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As I said, written agreeement. And with a miotorhome, either log the odometer, or put a Hobbs clock in the thing and log hours running time. Ten bux an hour, or 50 cents a mile into the maintenance kitty. Set a calendar for next year and alternately chooswe dates (holidatys, wetc)
It works, but you hafta make it work.
--johnny
________________________________
From: Steven Ferguson <botiemad11@gmail.com>
To: gmclist@temp.gmcnet.org
Sent: Monday, July 8, 2013 8:48 AM
Subject: Re: [GMCnet] Why so few partnerships?
It doesn't work. If you want to find out just how badly it doesn't work,
try sharing a trailer with a neighbor. Let's say that you are retired, and
he isn't. Because you have the time, and a rental, you frequently use the
trailer for dump runs or construction material or whatever. Now it's time
to buy tires. 50/50 right? Even though you've used the trailer 15 times
and he's only used it once, he's responsible for 50% of the cost of new
tires, registration, oh yeah, and about than mangled fender. Guess who's
no longer you best friend and neighbor?
BTDT, Steve F.
On Sat, Jul 6, 2013 at 5:44 PM, Randy <Acrosport2@hotmail.com> wrote:
>
>
> GMC used to promote the idea of shared ownership of motorhomes in some of
> their literature and for something that gets so little use (generally) I
> wonder why more like-minded folks haven't gone in together to split the
> costs and burden of owning a GMC? While two individuals might not be able
> to justify a motohome on their own, or even be able to do all the work
> themselves, a pair of them probably could.
>
> If I could find a capable fellow GMC co-owner in AZ, I would seriously
> consider developing into a partnership of some sort. The more the coach
> gets used the better it will run.
> --
> Randy
> 1973 26' Painted Desert
> Ahwatukee (Phoenix) AZ
>
>
> _______________________________________________
> GMCnet mailing list
> Unsubscribe or Change List Options:
> http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
>
--
Take care,
Steve
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Foolish Carriage, 76 26' Eleganza(?) with beaucoup mods and add - ons.
Braselton, Ga.
I forgive them all, save those who hurt the dogs. They must answer to me in hell
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| Re: Why so few partnerships? [message #213676 is a reply to message #213523] |
Mon, 08 July 2013 08:22 |
Devin
Messages: 203
Registered: July 2012
Location: Nashville Tennessee
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The problem I see is that it is like sharing a classic car or boat. So many things can go wrong and they may or may not be the fault of who is driving at the time. When the GMC was new or if something is under warranty is a different matter. I had an idea like a timeshare. People could come to Nashville and camp at the campground of their choice and I would set the GMC up for them. Very little to go wrong. In return they would do the same for me wherever they might live. You would save alot on guess but I suppose driving is half the experience.
Devin Wells
Nashville, Tennessee
1974 GMC Sequoia 260 "Gilligan"
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| Re: [GMCnet] Why so few partnerships? [message #213697 is a reply to message #213674] |
Mon, 08 July 2013 11:38 |
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Richard RV
Messages: 631
Registered: July 2012
Location: Full-timer for 12 years, ...
Karma: -17
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| Johnny Bridges wrote on Mon, 08 July 2013 05:59 |
As I said, written agreeement. And with a miotorhome, either log the odometer, or put a Hobbs clock in the thing and log hours running time. Ten bux an hour, or 50 cents a mile into the maintenance kitty. Set a calendar for next year and alternately chooswe dates (holidatys, wetc)
It works, but you hafta make it work.
--johnny
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Anyway you look at it, it would be a marriage. The written agreement would of course be a necessity, just to make sure that the details are spelled out and everybody is on the same page. That's the easy part. It's done all of the time with near identical situations with planes and boats, and you could even steal clauses from timeshare contracts.
The harder part would be finding compatible person/people, just like in a marriage. If there are tendencies to blame the other person and it's always turning contentious, then it'll never work, regardless of how well the "pre-nup" is crafted.
BTW, the "miotorhome" - I like it! It's half "my motorhome" and half "my other home". But there couldn't be a "my" or even a "mi" in a GMC partnership. It would have to be a "we", and of course a we-motorhome, a Wee GMC, is a 23'. 
I could see GMCMI and Western States,and any other large chapters, having a timeshare/loaner registry. Even if it were available just for the larger rallies, where people not planning on attending a rally could let other GMCers use their coach for a week or two for a relatively nearby rally.
Richard
'77 Birchaven TZE...777;
'76 Palm Beach under construction;
‘76 Edgemont waiting its turn
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| Re: Why so few partnerships? [message #213855 is a reply to message #213523] |
Tue, 09 July 2013 23:01 |
Luvn737s
Messages: 1106
Registered: June 2007
Karma: 2
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The issue is not folks who are already satisfied with owning their own coach. It's the folks who don't utilize their coach fully and therefore allow it to deteriorate to the point it becomes unuseable and then we have another derelict coach on Craigslist dragging down values.
A shared coach would be between two like-minded folks with equal ownership stake and a very detailed written agreement. I have had business partnerships in the past and mine was undermined by the other partner's spouse who didn't share the same expectations about the partnership as the partner and I did and made things so miserable, that it was easier to dissolve the business than to put him through a divorce. But that doesn't mean that the partnership idea was bad because it was profitable for both of us.
I would vet a potential partner fully before accepting them and then would have a pre-conceived plan for terminating the partnership if necessary. The management of realistic expectations is the biggest hurdle to overcome in a partnership and those have to be spelled out and understood before hitchin' the wagons together.
Randy
1973 26' Painted Desert
Ahwatukee (Phoenix) AZ
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| Re: Why so few partnerships? [message #213858 is a reply to message #213523] |
Wed, 10 July 2013 05:16 |
Ken Burton
Messages: 10030
Registered: January 2004
Location: Hebron, Indiana
Karma: 10
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When I was 18 I worked midnight shift at a gas station. A guy pulled in one night in a almost new nice looking Cadillac. He said "$1.00 of premium please." I said "that will not be enough to get you home." He said "yes it will." I said "you will just have to put more in it tomorrow." He said "No I wont. Eight of us own this car and I do not get it back for another 7 days."
Ken Burton - N9KB
76 Palm Beach
Hebron, Indiana
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| Re: Why so few partnerships? [message #213886 is a reply to message #213866] |
Wed, 10 July 2013 10:19 |
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Richard RV
Messages: 631
Registered: July 2012
Location: Full-timer for 12 years, ...
Karma: -17
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| SeanKidd wrote on Wed, 10 July 2013 05:46 |
Are you willing to dump someone else's black tank?
Nuff said.
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That would not be high on my list, but with a macerator...eh, no big deal.
I would imagine there would have to be a trial partnership situation to see if people were amenable. That would be similar to a rent-to-(partially)own situation. A few trial run "donations" (rental would probably impact insurance coverage), with a portion of the money going towards becoming vested in the coach, would probably be enough to see if people and habits were compatible.
Richard
'77 Birchaven TZE...777;
'76 Palm Beach under construction;
‘76 Edgemont waiting its turn
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