In my search for a decent used toyhauler, I'm running across people who want thousands, sometimes 10,000 more than the average Nada guide value.Is the Nada Guide the going way to judge value of a used RV? Personally I've always believed an items true value is whatever somebody is willing to pay for it. But at the same time, we need a base point to start with.

I think a more accurate way to figure out pricing is to do an internet search for a similar model. They may not be in your area but you can at least get a good idea of what they're going for. As a side note, NADA had our old trailer with a value of something like $28,000. The ones I found online were running anywhere from 20-25k. Dealer gave us 20. Keep in mind too, especially with newer trailers, a lot of people price them based on what they owe on them, not what they're actually worth. So that could explain some of the higher prices you see.

I’m suspecting the loan issue. My wife found one she likes, but the guy has it listed literally $10,000 more than the average nada value. It’s four years old and he claims to have used it once. So she’s sold on believing him. I told her I’m not overpaying for one, definitely not by that much.

The disclaimer in the front of the NADA guides state that the values are based on actual selling prices. Loan officers have said that their Credit Union would have no problem loaning up to the average NADA value. So anything above average NADA is overpriced and over valued.

It is also due to the fact that many people add a ton of options that were standard equipment on the original rig. Most people have no idea what the standard equipment included so they add "options" like A/C, microwave and other features that were not options. In effect, charging twice for all of the equipment. Sure makes them think their unit is worth waaaaaay more than it is. Oh, and as was said before, they are upside down and want you to bail them out of their bad decisions.RichH

Some of the sellers want to get out of the Loan without taking a loss and are trying to recover some of the down payment is what believe. I called up a couple 2015 TH sellers on CL and asked if they had title or still owed and they owed wanting out of the loan for what eve reasons. When I listed my TH theMarket was offering 2k lower than asking, so we decided it’s what people are willing to pay for or size trailer.

Nada Guide OR..... | Good Sam Community

NuttyKev
Explorer
Jun 20, 2018
I’m suspecting the loan issue. My wife found one she likes, but the guy has it listed literally $10,000 more than the average nada value. It’s four years old and he claims to have used it once. So she’s sold on believing him. I told her I’m not overpaying for one, definitely not by that much.
JAC1982
Explorer
Jun 20, 2018
I think a more accurate way to figure out pricing is to do an internet search for a similar model. They may not be in your area but you can at least get a good idea of what they're going for.

As a side note, NADA had our old trailer with a value of something like $28,000. The ones I found online were running anywhere from 20-25k. Dealer gave us 20.

Keep in mind too, especially with newer trailers, a lot of people price them based on what they owe on them, not what they're actually worth. So that could explain some of the higher prices you see.

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