Should NADA be banned?
Stopped in to a dealer the other day looking for an item, and they happen to sell Airstreams. So just for fun, I wandered into one to take a look Ridiculously overpriced, but they are nice. Of cou...
Forum Discussion
westernrvparkowner wrote:jdb7566 wrote:Ban them, run them out of business, do whatever and it won't make your RV worth one penny more. Until the books starting writing checks, they are nothing more than a starting point guess. Any RV is worth exactly what someone will pay for it, nothing more.
So all that said, if all this is accurate, it seems NADA shouldn't even be allowed to stick their nose in the RV business without more credibility. They are basically skewing the entire industry (in favor of dealers, of course).
Duh.............what do you think NADA stands for anyway?
Exactly, it's a lookup table for MSRP, standard depreciation, and expected profit. Without the book you'd have an accountant run the same numbers and come to roughly the same conclusion, just with more labor involved (more overhead and therefore lower sale price for your used RV). From that number the used guy is going to look over your vehicle and figure out if your particular unit is more or less desirable than an "average" unit in their market and adjust the offer accordingly. The dealership will also probably factor in their profitability on the new unit you are planning to buy (if any) and their expected carrying cost if they don't sell that new unit to you.
