Trade In Value

bid_time wrote:
Well the dealer has to detail it, pay the salesman, and make a profit. I wouldn't consider it a percentage, I would consider how much all that is worth.

Based on the used RV's I have seen at dealers they don't spend a dime on them either cleaning or promoting them.

I find NADA values to be grossly over inflated on RV's. It is not a good indicator of actual selling prices being paid.

rkortes wrote:
Craigslist is true market value. Find a few items close to your rig (if not exactly)then take the average price. You will get destroyed on a trade-in.

what people are asking for a RV is meaningless data as far as estimating value. what does it actually sell for?
bumpy

Roadtech wrote:
So what % off of average retail would a typical trade in value be?

50%
bumpy

By inverting the question you might ask yourself how much you feel your rig is worth, and then basically ask the dealer how much are you going to charge me to sell it for me. If you sold it yourself you might reap the full value...I don't enjoy selling things...therefore I would rely on a dealer to make the sale for me. That dealer is entitled to a profit/commission. So there it is, how much do you feel your RV is worth to the next person, knowing everything you know about the condition and use?

Roadtech wrote:
So what % off of average retail would a typical trade in value be?

It would depend on the value of the rig. The higher the value, the lower the percentage. Be aware that book values are generally vastly inflated over real world transactions. Unlike automobiles, where the values are gleaned from sales and auction data, RV values are determined by applying depreciation tables to original MSRPs. There are just too few RV sales to get actual values. Even with extensive research, you are not going to be able to zero in on an accurate value. You are really left relying on intuition, trust and your negotiating skills.

Craigslist is true market value. Find a few items close to your rig (if not exactly)then take the average price. You will get destroyed on a trade-in.

Well the dealer has to detail it, pay the salesman, and make a profit. I wouldn't consider it a percentage, I would consider how much all that is worth.

So what % off of average retail would a typical trade in value be?

That's a pretty good start, what more could you ask for for free?