How to value trade?
How do you value trade on a camper?
NADA comes back retail low: $16,550, Average retail:$19,950
Can someone explain what these numbers mean? Are these prices that someone should expect to pay from a dealer? There is currently one camper like mine for sale, listed @ 18K, and several others of similar style by the same company for around the same ($18K).
I may be biased, but mine is in much better condition than those listed. They have blemishes throughout the insides. We pride ourselves on maintaining stuff and keeping it as new condition. Rugs inside, stored inside vs outside, regular maintenance, cleaned after every use, etc.
The reason I bring this up is because a local dealer gave me a price on my trade without even looking at it. They offered $12K, which is on the low end of what I expected from a dealer for trade. However, if they offer $12K to everyone, based on 25% under low retail, I would expect I have some bargaining room then since I feel mine is in better condition.
Are there any formulas based on Nada and what is for sale to see what I should expect for trade value? I know they say approx 25% under Nada, but which number?
I could try to sell private, but it was a headache when I did that with my Pop-up. @ $12,000 trade in price, I would save approx $1000 on tax savings. Selling for $16,000 privately (low retail) would net me an extra $3,000, even with the tax loss, which does seem more appealing...unless the dealer is willing to give more on trade anyways.
NADA comes back retail low: $16,550, Average retail:$19,950
Can someone explain what these numbers mean? Are these prices that someone should expect to pay from a dealer? There is currently one camper like mine for sale, listed @ 18K, and several others of similar style by the same company for around the same ($18K).
I may be biased, but mine is in much better condition than those listed. They have blemishes throughout the insides. We pride ourselves on maintaining stuff and keeping it as new condition. Rugs inside, stored inside vs outside, regular maintenance, cleaned after every use, etc.
The reason I bring this up is because a local dealer gave me a price on my trade without even looking at it. They offered $12K, which is on the low end of what I expected from a dealer for trade. However, if they offer $12K to everyone, based on 25% under low retail, I would expect I have some bargaining room then since I feel mine is in better condition.
Are there any formulas based on Nada and what is for sale to see what I should expect for trade value? I know they say approx 25% under Nada, but which number?
I could try to sell private, but it was a headache when I did that with my Pop-up. @ $12,000 trade in price, I would save approx $1000 on tax savings. Selling for $16,000 privately (low retail) would net me an extra $3,000, even with the tax loss, which does seem more appealing...unless the dealer is willing to give more on trade anyways.
