NADA guides price change

They adjust their prices on real auction and other sales data. A family member just sold a NADA priced $15K Winnebago for $20K to the first caller.

Just remember, the only "book" that's ever actually BOUGHT an RV is a checkbook. Don't pay a lot of attention to those numbers. A used RV will bring what the market will bear in it's particular location.

When we first decided to sell our TT, it was a few months before the Pandemic and the NADA Guide valued it at 15k to 23k. Now, it is valued at almost 10k more. We have it on consignment for $6k less than we paid for it 4 years ago.

-Michael

my buddy just sold his 2008 TT with limited decals on the outside due to Keyston'e JUNK decals..

He listed it at $2,000k above NADA as he has a decent trade offer.. He sold it for asking price within 24 hours of originally listing it.

We started discussing selling our 2007 5er a couple months ago and checked NADA pricing to get an idea of value. Got serious last week and, getting ready to list it, I checked the NADA value again. Yep, about $1,500 higher for my 14 year old 5er than before. Listed it on Facebook Marketplace on Wednesday for NADA average clean retail, got 3 inquiries Thursday, 4 more Friday, 2 more Saturday, and sold it Saturday to the first person who had inquired and came to look. The other 8 were still asking to look at it. No question on price. Probably could have listed it as "highest bidder" and got more. :B But I was happy with the price and quick sale. Marketplace is free, and local to your area, so showings can be quick and easy. Worked for me.

Bluebook is laughable.
Prices are increasing. Multiple reasons. Inflation is one that we cannot escape and inflation is out of hand right now. Inflation will never deflate.
Lack of computer chips and other necessary small but important pieces that are only made in china are slowing delivery of new RVs (and everything else), so "supply" is lower thus "demand" in turn is higher.
Evergiven is still detained in Egypt port, who knows what things are on that ship that are needed by manufacturers to finish their products....
And, yes, the covid RVers! There are more than one family whos income is supplemented this last year at $600/week so the income earner stays home and does not work. Lots of time to vacation so the "demand" is of course up.
Buy now, I dont expect the prices to go down in the next year.
This election mess will continue to unravel for the next year or more and chaos will be the norm as it is now. Some advise to get out of the Dollar. DO your own homework, as I will not discuss this here.

It's pretty nuts, for sure.
We bought a new (used) Toyhauler last month, following selling our TC last fall for what we paid for it (used) in 2014.
After combing a 1000+ mile radius for a couple months and seeing anything decently priced (for this market) disappear very quickly, we found one that we thought was decent priced (for the market).
Had to scramble to snatch it up and I recall the price being barely under NADA low retail, a month ago.
Now, low retail is about $6k more than what we paid and $14k under "average" retail. With average retail being about $8k under original MSRP, or about the same amount OVER what would have been a good sale price, brand new, in 2017.


If it wasn't our older son's last summer at home, I swear, I'd sell the truck, camper and boat and buy a big mattress topper to smooth out the pile of money we'd have stuffed under our mattress!

A brief observation regarding inventory (new inventory) on dealer's lots. We just returned from a trip that took us north to Louisville, Cincinnati, Columbus, Indianapolis, and Kansas City. We passed at least 15 RV dealerships along the way, maybe more, and EVERY dealer had TONS of inventory. FULL lots. So where are these shortages we're hearing of? Trust me when I say the bubble is going to burst -- who knows how soon -- and those overpaying now are going to be stuck, especially if they've financed.

RVs, boats, some cars/trucks, houses, and lumber, have all seen big price increases during this Covid ****, and I think the bubble will burst on some of that sooner than later.

A1ARealtorRick wrote:
A brief observation regarding inventory (new inventory) on dealer's lots. We just returned from a trip that took us north to Louisville, Cincinnati, Columbus, Indianapolis, and Kansas City. We passed at least 15 RV dealerships along the way, maybe more, and EVERY dealer had TONS of inventory. FULL lots. So where are these shortages we're hearing of? Trust me when I say the bubble is going to burst -- who knows how soon -- and those overpaying now are going to be stuck, especially if they've financed.

From what im hearing is that the new units on all those lots are sold allready. So there just waiting on pick up or dealership upgrades. This may or may not be the case by you.