Forum Discussion
winnietrey
Aug 09, 2013Explorer
You are losing me again Gotsmart,
Back in the hay day 06 07, yes home appriasals were crazy. Not so much now they are pretty accurate. Lots of folks got sued and they are very close to market value.
Why is the NADA guide a tool for comparing a vehicle to itself? I don't get that.
a 2001 23a or a 239 coachmen are worth what they are worth. As is a 2001 toyota or a 2001 ford fesita. Unless your vehicle is special, rare or somehow unique, NADA is not the final authority but they are probably not all that far off
Personally I like KBB better. You might not want to use nada, problem is everyone else does. So getting more could be difficult. I think nada is usually high, esp on cars
The point I made was not about, which vehicle depreciates more slowly. It was this just, becuase you bought a 100k rental cheap. That does not mean the deal is as good as people tend to think. Becuase you still have wear and tear issues and if you ever go to sell it or trade it. You may well get creamed. So on the front end yes it was cheap on the back end not so much.
Plus again you lose some of the nicer things that a non rental has. Slide, V10, awning ladder etc
Back in the hay day 06 07, yes home appriasals were crazy. Not so much now they are pretty accurate. Lots of folks got sued and they are very close to market value.
Why is the NADA guide a tool for comparing a vehicle to itself? I don't get that.
a 2001 23a or a 239 coachmen are worth what they are worth. As is a 2001 toyota or a 2001 ford fesita. Unless your vehicle is special, rare or somehow unique, NADA is not the final authority but they are probably not all that far off
Personally I like KBB better. You might not want to use nada, problem is everyone else does. So getting more could be difficult. I think nada is usually high, esp on cars
The point I made was not about, which vehicle depreciates more slowly. It was this just, becuase you bought a 100k rental cheap. That does not mean the deal is as good as people tend to think. Becuase you still have wear and tear issues and if you ever go to sell it or trade it. You may well get creamed. So on the front end yes it was cheap on the back end not so much.
Plus again you lose some of the nicer things that a non rental has. Slide, V10, awning ladder etc
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