Trade-In Values

We certainly received a better price consigning with Motorhomes of Texas in Nacogdoches, TX vs. the buyout value given by a couple of RV outfits. MHofT charged 8% of selling price.

We were very pleased with the whole transaction, it took 90 days to sell. Early on, we did get several low-ball offers as there is always someone looking for a desperate seller.

It's not fun to be a member of the 'two bus club' as we were for two weeks when the new coach arrived, then the Dynasty sold.

Safe travels,
MM.

Put it on Craig's list, RV Trader for NADA value a couple weeks and see where it goes.

The starting point for the dealer's offer is NADA Wholesale, and this book may be found in any good reference library. In general terms, NADA Wholesale is 8 to 10% below NADA low retail, so your dealer is doing what most dealers do. My experience has been to look at the total deal and not just trade-in value. If there is a big discount on MSRP, say 30%, then a low trade in value may not be too bad. If the dealer offers NADA plus 20%, but only 15% off MSRP, then this may not be a good deal. Negotiating a sale is not a time to get emotional about your old rv. You need to understand how much money is coming out of your pocket, what your monthly pay will be and what the total deal adds up to. I agree with others, if you have time to sell the old rv yourself, and are willing to do that, then you probably will get more for your trade in. In that instance, there is only 1 component to your new purchase, % off MSRP.

I was offered NADA on my trade and walked on the deal. My rig is worth more than that without a doubt. Your best bet is to sell it yourself.

It's normal for any dealer to offer as little as he can for your trade in.

Did you ask why?

Since I won't pay more than the NADA price when looking for a used RV (and usually less), the ten percent is anticipated dealer gross profit.