Are NADA prices accurate? I keep seeing listings with people asking way more than NADA and wonder if these people are getting what they are asking or are they in fantasy land. I just saw a 1997 roadtrek 190 versatile with a sign in the window asking $21,500. The base NADA price (no options) ranges from $8,800 to $10,800 (retail). They are asking double NADA and it's a private sale. What are people paying? Should I expect to pay close to NADA for an average condition RV and a bit more for a great one or is NADA very low?

I've always found them close. If a rig is REALLY clean, maybe more. Not many 97s are free of water damage.

In my limited experience, once you're past 15 years old, NADA is useless.

Most people who are selling a late model rv are not in fantasyland, they're in upside down debt land because they first paid way more than they had to, and second they took the 120 or 144 month financing. Even 4 or 5 years after the purchase they still owe as much as they paid, thevting has depreciated close to 50%, and they'll never admit to making a bad financial decision. They're making a vain attempt at breaking even.The free online NADA is not the subscription version used by dealers.

Ralph Cramden wrote:Most people who are selling a late model rv are not in fantasyland, they're in upside down debt land because they first paid way more than they had to, and second they took the 120 or 144 month financing. Even 4 or 5 years after the purchase they still owe as much as they paid, thevting has depreciated close to 50%, and they'll never admit to making a bad financial decision. They're making a vain attempt at breaking even.The free online NADA is not the subscription version used by dealers.I understand upside down, but are they getting what they ask?Are the prices in the dealer version of NADA very different than the free one I'm looking at?

SkiMore wrote:Ralph Cramden wrote:Most people who are selling a late model rv are not in fantasyland, they're in upside down debt land because they first paid way more than they had to, and second they took the 120 or 144 month financing. Even 4 or 5 years after the purchase they still owe as much as they paid, thevting has depreciated close to 50%, and they'll never admit to making a bad financial decision. They're making a vain attempt at breaking even.The free online NADA is not the subscription version used by dealers.I understand upside down, but are they getting what they ask?Are the prices in the dealer version of NADA very different than the free one I'm looking at?1...For the most part no.....unless they luck into finding another sucker.2....The average retail is close to the same, but even dealers seldom get average retail on a used rig. The subscription version gives you different ranges including wholesale value. If you want to estimate wholesale value take the low retail number at online NADA and subrract 35%. Thats what a dealer will offer on trade if a rig is in Pristine condition. He'll then list it at average retail intending to get somewhere in the middle or less.

Are NADA prices accurate? | Good Sam Community

Ralph_Cramden
Explorer II
Sep 07, 2018
SkiMore wrote:
Ralph Cramden wrote:
Most people who are selling a late model rv are not in fantasyland, they're in upside down debt land because they first paid way more than they had to, and second they took the 120 or 144 month financing. Even 4 or 5 years after the purchase they still owe as much as they paid, thevting has depreciated close to 50%, and they'll never admit to making a bad financial decision. They're making a vain attempt at breaking even.

The free online NADA is not the subscription version used by dealers.

I understand upside down, but are they getting what they ask?

Are the prices in the dealer version of NADA very different than the free one I'm looking at?

1...For the most part no.....unless they luck into finding another sucker.

2....The average retail is close to the same, but even dealers seldom get average retail on a used rig. The subscription version gives you different ranges including wholesale value. If you want to estimate wholesale value take the low retail number at online NADA and subrract 35%. Thats what a dealer will offer on trade if a rig is in Pristine condition. He'll then list it at average retail intending to get somewhere in the middle or less.
SkiMore
Explorer
Sep 07, 2018
Ralph Cramden wrote:
Most people who are selling a late model rv are not in fantasyland, they're in upside down debt land because they first paid way more than they had to, and second they took the 120 or 144 month financing. Even 4 or 5 years after the purchase they still owe as much as they paid, thevting has depreciated close to 50%, and they'll never admit to making a bad financial decision. They're making a vain attempt at breaking even.

The free online NADA is not the subscription version used by dealers.

I understand upside down, but are they getting what they ask?

Are the prices in the dealer version of NADA very different than the free one I'm looking at?
Ralph_Cramden
Explorer II
Sep 07, 2018
Most people who are selling a late model rv are not in fantasyland, they're in upside down debt land because they first paid way more than they had to, and second they took the 120 or 144 month financing. Even 4 or 5 years after the purchase they still owe as much as they paid, thevting has depreciated close to 50%, and they'll never admit to making a bad financial decision. They're making a vain attempt at breaking even.

The free online NADA is not the subscription version used by dealers.
camperdave
Explorer
Sep 07, 2018
In my limited experience, once you're past 15 years old, NADA is useless.
garyemunson
Explorer II
Sep 07, 2018
I've always found them close. If a rig is REALLY clean, maybe more. Not many 97s are free of water damage.

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