NADA Pricing

[barmcd]

Looking at the asking price of most RVs on RV trader, it seems like most of them list for less than the low retail price listed on the NADA site. That didn't seem possible so I wondered if I was using the guide correctly. When I look up the value on NADA's site, I enter the options that I know are on the coach. Should I be doing that or use the price without options?

[midasman]

I really like NADA because it at least gives you a quick and easy way to get to a rough starting point. I DO NOT ADD ANYTHING to the values. Right or wrong, I was advised to take the NADA average retail price X .70 = rough wholesale value. I try for wholesale or half way between wholesale and low retail and then dicker from there.
Party On guys!

[mayo30]

barmcd wrote:
Thanks for the advice.

We just want to pay the going rate or less, we don't need to beat someone down to wring the last nickel out of a deal. It just seems the asking prices, selling prices, and NADA values are all over the place.

And of course you can always use the old tried and tested method.Ask how much the seller wants,offer what you want to pay AND can afford to pay.If you like it buy it,don't worry about others as some one always bought it cheaper and put the seller into the poor house.And always have the opinion that you paid too much,it never fails.

[barmcd]

Thanks for the advice.

We just want to pay the going rate or less, we don't need to beat someone down to wring the last nickel out of a deal. It just seems the asking prices, selling prices, and NADA values are all over the place.

[Executive45]

barmcd wrote:
So how do you determine what kind of offer to make on a used motorhome? I'd rather start at a known value than negotiate from list price. In some cases, I've seen one motor home listed for 30% more than a the exact same model somewhere else. I'm only looking in the Dallas, San Antonio, Houston triangle so its not like I'm comparing California to Florida.

Start by doing your research. Use NADA to establish a base line. Use only the base price, no options. With a base line, go to eBay and PPL and check their SOLDs against NADA. This will give you some idea of ACTUAL prices paid by buyers for similar units in real life. NADA is not real life...use it merely as a reference to establish a base line.

If you don't know how to check eBay for solds or PPLs site for that matter let us know...Dennis

[Billinwoodland]

barmcd wrote:
So how do you determine what kind of offer to make on a used motorhome? I'd rather start at a known value than negotiate from list price. In some cases, I've seen one motor home listed for 30% more than a the exact same model somewhere else. I'm only looking in the Dallas, San Antonio, Houston triangle so its not like I'm comparing California to Florida.

I took about 2 years to learn the values. I spent a lot of time at dealerships and on the internet. The PPL site is really helpful. You can see what various sold units sold for. Ebay is also helpful, look for sale prices, not new ads. NADA, combined with the other tools mentioned above, will help get you in the ballpark. I found that certain brands, such as a newer Winnebago, sold for a more premium price that some of the other brands that might not be as well made. I ended up with a Monaco Monarch which I am real happy with, and I got a good deal. Make any offer you make contingent on an inspection by an independent technician. Never ever rely on the dealership to be the sole inspector during their PDI. Good luck with your hunting.

[1968mooney]

barmcd wrote:
So how do you determine what kind of offer to make on a used motorhome? I'd rather start at a known value than negotiate from list price. In some cases, I've seen one motor home listed for 30% more than a the exact same model somewhere else. I'm only looking in the Dallas, San Antonio, Houston triangle so its not like I'm comparing California to Florida.

I sold 2. 1 a 1996 HR Endeavor gasser and 1 2006 HR Ambassador DP. On both, I priced them about 1/2 way between Average Retail and Low Retail. I added "no extras" to either. Sold both within a month of advertising on RV Trader.

[barmcd]

So how do you determine what kind of offer to make on a used motorhome? I'd rather start at a known value than negotiate from list price. In some cases, I've seen one motor home listed for 30% more than a the exact same model somewhere else. I'm only looking in the Dallas, San Antonio, Houston triangle so its not like I'm comparing California to Florida.

[fpresto]

There is no way NADA on RVs can be anything other that an estimate. For cars and trucks they have thousands of sales on which to base a price. There are far fewer used RVs sold in any given year. For some it may be just a handful so they take the MSRP subtract the estimated depreciation and publish the results. For most RVs it is not based on the real world sales.

[1968mooney]

ferndaleflyer wrote:
Best toss that book-----only person using that are banks and insurance companies. At least that's what I always thought......Dealers use the little black book---at least it is closer to reality:)

And you will never have a reason to deal with a bank or insurance co. :h

[Dale_Traveling]

Don't include the options or owner added items.

[ferndaleflyer]

Best toss that book-----only person using that are banks and insurance companies. At least that's what I always thought......Dealers use the little black book---at least it is closer to reality:)