Determining Value of RV

Thanks everyone, really appreciate the input.

Another option is to hire an assessor if you have an older model that you have made serious upgrades to. VW Vanagon owners do this with their campers all the time because Blue Book isn't ever going to be close to their investments for insurance replacement.

butchfuzion wrote:
Thanks everyone. Really appreciate the input. I have tried to google but you end up with a whole bunch of units that were sold so they have removed the asking price.

See if your model year is in PPL's Sold Units.

Thanks everyone. Really appreciate the input. I have tried to google but you end up with a whole bunch of units that were sold so they have removed the asking price.

Assuming it is in good shape, then at 5yr old it should sell for about 40-50% of MSRP new and depreciate less over the next 5 years, say 5% a year. So if it was $40k new MSRP, original buyer pays $28k. 5 years old someone might pay $15-20k. Can you provide more details on the model name and year?

The value is what someone will pay.
What would you be willing to pay for a similar unit? Add 10-20% and settle in the area you would pay.

OFDPOS wrote:
Funny how options aren't worth squat on trade in at the RV lot, but they sure are when the RV lots are selling them !!!

Lots of potential issues with getting a higher price due to add ons:
- Are they out of date, worn out or in need of replacement (example: a high end 10yr old sterio probably doesn't have a connection for an MP3 player)?
- Do potential buyers consider them as useful as you do (they didn't sell well enough for the manufacturer to make them standard)
- Were they a quality installation or some yahoo bolting them on all slapdash?
- Buyers don't typically price out options when looking at used units as too many ads don't have the details, so you tend to get lumped in with all the other similar models.

Just like with upgrades to your house, buy options because you will enjoy using them not because they will increase the value of the RV come sales time.

Funny how options aren't worth squat on trade in at the RV lot, but they sure are when the RV lots are selling them !!!

Seattle Steve wrote:

valhalla360 wrote:
My experience is options are nice but don't add much to the sales price.

Agreed. Options might make it easier to sell, but won't really raise the price.

BINGO! Options only add to the desirability of a unit...NOT value....Dennis

valhalla360 wrote:
My experience is options are nice but don't add much to the sales price.

Agreed. Options might make it easier to sell, but won't really raise the price.