Best way to determine fair market value...

want the real market value? auction one off. on a global auction site.

I bet the NADA book value on my 5 year old Arctic Fox is much lower than what I would sell it for. I know how well this TC was cared for and I know how well I took care of it. To me its a 5 year old brand new TC. To NADA its a 5 year old used and abused TC. Throw the book away and go buy the best TC that you can afford and you will be happy.

Fair value really is defined by what a seller is willing to let it go for and What a buyer is willing to pay.

Reddog1 wrote:
I do not put much stock in Nada. I have found the fair market value is determined by what something is selling for locally. If a dealer is buying or accepting your TC on trade, they will expect to pay Nada prices. What they sell you will be substantially higher. The same is true with vehicles of all types.

That sums up my thoughts too, as well as that of the local market where I am - Washington State.

It comes down to "what's the local market" rather than the NADA values.

Here's an example (for trucks)

2006, and 2007 Classic model GM trucks bring a premium, because buyers looking for used GM truck want that model because they are the last "pre DPF" models. Dealers know this, so they can mark them higher, and most customers are willing to pay a premium. The people / data that is used to write NADA and KBB values do not take things like this in to account when writing used vehicle values.

get on google and find out what its selling for ,thats way closer than nada,

In my past pricing and research NLs and Bigfoot seem impervious to NADA and have the highest resale and the demand is there. If you want one of those brands, buy it from the owner. The RV dealers really jack the price up. Lance are more common and a little more reasonable but still do well. If you decide to commit long term to RVing these higher quality, well built units will last a long time with a little maintenance and care.

I do not put much stock in Nada. I have found the fair market value is determined by what something is selling for locally. If a dealer is buying or accepting your TC on trade, it they will expect to pay Nada prices. What they sell you will be substantially higher. The same is true with vehicles of all types.