Forum Discussion

Kidoo's avatar
Kidoo
Explorer
Dec 28, 2013

How much to pay for a MH?

Hi, I am looking to buy a used class A RV. I am checking NADA for a price. Some advised me to take 20% off the NADA average retail and not to add any option since the options are already include in the MSRP price. Price for new would be minus 25% from the MSRP.

I checked on Escapee forum and most asking price I saw where just over the Low Retail Nada.

I already got two quotes from two separate Dealers and they both took some 12% off their advetized price, but this did not bring them down to Low retail NADA.

It seems to me that the asking price on dealers lot is close to the average NADA. There is also people seeling their RV for what they have left in morgage, which sometimes could be higher than NADA probably because they paid too much for their RV.

Unless the RV is in excellent "plus" shape, should I only consider deals close to NADA low retails?

25 Replies

  • NADA prices don't seem to be in line with reality when it comes to motor homes. They seem much lower than what sellers are willing to take.

    My theory: the NADA is showing the prices that are reported to the state for purposes of sales tax. You trade in a motorhome worth 25K. The negotiated price of the new motorhome is 100K, but that taxable amount is 75K. In that scenario: NADA thinks that the value is 75K for the new motorhome.

    I am looking for late 90s Foretravel Unicoach. A 1996 U270 has an NADA value around 12k. The best I've seen is high 20s and low 30s with most asking prices in the high 40s. I'd be doing backflips if I could find (steal) one for low NADA, but I highly doubt it.
  • It could also have to do with how the RV is popular, but how do I know? For example, I saw a Safari Passage 310, 2008. NADA low is 26,000, average 31,000, MSRP was 89,000 new. The Dealer is asking 48,000 and he says that NADA is not good when this is a company that is not in business anymore??

    I checked PPL sold. I guess I could check Sold versus NADA to see if it is closer to LOW retail. But there is allways someone that would just pay too much for one.
  • NADA bases their value estimates on a depreciation scale from the original MSRP, and not from actual sales. As you implied, their estimates are generally too high. And, you're right that many people try and sell their rigs for what they owe, and many are upside down.

    To get a better idea of actual sales prices, check PPL's web site for sold units. They list them for over a year.
  • Also go to PPLMotorhomes.com and compare against the price they have sold a similar one for. Very good information there.

    Good Luck
  • This time of the year you want to get as close or below "low retail" as you can to cover any unforeseen repairs.

    Also if you want to sell it because it is not what you like it makes it easier.

    Agree don't add options just go by base.