Forum Discussion
PButler96
Jul 30, 2022Explorer
RetiredRealtorRick wrote:belairbrian wrote:
We just traded our 2009 fth wheel for a 2022 travel trailer.
Trade offers were all over the place. We told the dealers we were looking at TT under 20ft 6K or less GVWR. None new for sure which model they would be negotiating.
Offers were $4K, 6K and $8.5K.
NADA retail was $12.5K so you can kind of see the ratios. The high offer was about 70% of NADA retail.
So, if high offer was 70% of retail . . . the dealer takes it in on trade, goes over it and fixes everything that needs attention, pays to advertise it, and sells it (probably with some type of warranty). Looks to me like the dealer deserves that extra 30% (and that's IF he gets NADA retail for it). The other option is to sell it yourself.
If you take the NADA "low retail" without adding a bunch of options then subtract 30% it will put you in the ballpark for a trade in value, which is a wholesale number. The $4K is an accurate number for the OP. You're talking about a 13 year old TT. No dealer is paying $8.5K for a 13 yr old trade without adding $4K to $5K into the deal somewhere. If they are they're not going to be in business long.
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