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|Re: Value of Used Bus by Mark O.|
|The value of a used bus is determined mostly by how much anyone is willing to pay for it.
If the bus is on an E-350 chassis I would put the price at not much more than $5K. If it is on an P3500/Workhorse chassis I would put the price at not much more than $7500.00. If it is on a GM G3500/G30 chassis I would put the price above the F*** and below the Workhorse. If it is on an IHC/Navistar or full size GM chassis I would put the price at about $10K.
The problem for you is most of the small bus market is made up of the "plastic" buses like the ElDorado or Champion. People like them and don't like buses that look like school buses, even if your bus was never a school bus.
Regardless of the mileage, the price is going to reflect the age more than the mileage. The price will also be lower because the bus requires a CDL licesne in order to drive it. If the bus were rated for one fewer passenger the price would probably go up by 30-50%.
Castle Rock, WA