Forum Discussion
gotsmart
Aug 08, 2013Explorer
soren, I agree with you. The ONLY reason I went with the NADA numbers is because winnietrey went there.
IMO, NADA does not work well with book-value to book-value comparisons between 2 vehicles. To me it is like the appraised value of a home to it's market price. Home appraisals are very subjective and not always accurate. The NADA guide is a tool for comparing a vehicle to itself. In this regard I said that CA prices very close to the NADA book-value. It may be that this strategy works well with selling rental fleet vehicles. CA seems to move a lot of their used MHs.
I don't buy vehicles based upon which one depreciates more slowly. When you compare a retail RV to a rental RV in this manner, the retail RV will appear to be the better value - I'm guessing 99% of the time (allowing for owners who trash their retail RV).
winnietrey wrote:
Just for fun and becuase I am bored at work today, I played with NADA a bit.
I compared 2 rigs, 1) mine a 2001 239 Coachmen Catlina sport. and 2) a 23A 2001 Forewinds.
IMO, NADA does not work well with book-value to book-value comparisons between 2 vehicles. To me it is like the appraised value of a home to it's market price. Home appraisals are very subjective and not always accurate. The NADA guide is a tool for comparing a vehicle to itself. In this regard I said that CA prices very close to the NADA book-value. It may be that this strategy works well with selling rental fleet vehicles. CA seems to move a lot of their used MHs.
I don't buy vehicles based upon which one depreciates more slowly. When you compare a retail RV to a rental RV in this manner, the retail RV will appear to be the better value - I'm guessing 99% of the time (allowing for owners who trash their retail RV).
About Motorhome Group
38,705 PostsLatest Activity: Jan 23, 2012