Why Not NADA

I don 't understand how wholesale NADA would be closer when that is much less than retail and class Bs here in SoCal typically sell for $3k to $4k over retail NADA.

Unlike NADA car values, their RV book uses a depreciation scale from MSRP to estimate used market value. Their web site shows two values, but the NADA book available at banks and libraries shows three values, with the third being "wholesale" or "trade-in" value. That third value is generally closer to the actual market value if the transaction is between a "willing buyer" and a "willing seller". Obviously dealers have to charge more to stay in business and pay their employees.

Arizona Kid wrote:
This is the Class B forum, and the OP is talking about NADA values pertaining to Class B's.

I get that... but I was also pricing various RV's, including moho's, and I ran into the same issue. For the ones I looked at, it was often easy to "option up" the NADA values once I accounted for all of the equipment that wasn't specifically listed as standard.

NADA is always way lower than actual prices here in SoCal. I 'm talking thousands. Maybe it differs in other regions in the opposite but I doubt it.

This is the Class B forum, and the OP is talking about NADA values pertaining to Class B's.
I agree that one needs to make sure all the options are checked, a generator can change a B price by $2,000 or more, depending on the year.

Are you guys adding all the extras to the base NADA value?

For my toy hauler, the base pricing was ridiculously low, but seemed pretty accurate when extras were added.

NADA has a standard equipment list that's quite incomplete. It didn't list things like slides for mine, my bank said to add those even though Heartland says they're standard...anything that the toy hauler came with, that's not specifically listed as standard by NADA, should be added. At least that's what USAA told me

It's simple, Class B's sell for much more than what NADA quotes. It's just supply, and demand. Class B's have always held their prices better than any other type of RV.
Why is NADA low if it goes on reported prices, that's a mystery to me, but I know RT's consistently sell over NADA' s quotes.

I think Jayco-noslide has it. If you watch you see people complaining that they have ads "all over the place" at NADA and get few/no responses. Most of those that complain about NADA prices think their rig is worth more then NADA lists, the reality is, it probably isn't.
*Private sale prices are usually lower then Dealer sale prices.
*NADA prices are NOT some percent off. Rather, as they state in print "are based on reported sale prices"

I don't know. I guess most of us usually think our property is worth more that it really is to a buyer. Personally, I always use the NADA value as a starting point when selling; otherwise, I feel I'm really guessing. I will ask a price somewhere between full resale and trade-in and be happy to get something above trade-in. Usually a private buyer does not expect to pay anywhere near full retail value. RVers do not like to face up to how much an RV depreciates.