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02-10-2012, 03:16 PM
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#1
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Senior Member/RVM #90
Monaco Owners Club
Join Date: Nov 2002
Location: Columbus, MS
Posts: 54,784
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How to determine MH value?
What is the best way to determine the value of a used MH? I have looked at NADA guides and they don't list all the options of a particular coach I'm interested in. Kelly's Blue Book online doesn't value RV's. What do dealers use to value a trade-in? Also, is there any way to know what the original sticker price was on a MH, maybe from the VIN #?
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Joe & Annette
Sometimes I sits and thinks, sometimes I just sits.....
2002 Monaco Windsor 40PBT, 2013 Honda CRV AWD
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02-10-2012, 03:40 PM
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#2
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Junior Member
Join Date: Dec 2010
Posts: 18
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I traded mine in last year after I got a price of a new one and 2 out of 3 gave me low Nada and would not add on any option's, the other one knocked off money for too many miles. I got 25% off of list of new one. When you price out one with Nada the list they give you is very close have to know what came standard and not add it on again.
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02-10-2012, 03:52 PM
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#3
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Senior Member
Monaco Owners Club
Join Date: Sep 2010
Location: LaBarque Creek, MO
Posts: 290
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When I got mine three years ago, I found that NADA without any options was what the bank would loan and is pretty much what most look at.
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2008 Newmar Dutch Star
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02-10-2012, 03:56 PM
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#4
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Senior Member
Join Date: Oct 2006
Location: Rochester NY
Posts: 2,706
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If you're looking to buy used, then NADA is a good source. Put the year and model of motorhome in, mileage too. Do not add any accessories.
NADA will provide low retail and average retail. I find these values pretty close for the open market.
If you want to find out original list, then add only those accessories which were actually options when the coach was purchased new - not in standard equipment. This will give you a pretty good list price - look at the 'List' price under this column. But don't expect to sell under these listings. Just doesn't seem to work that way...
If you're trading, then all bets are off. Wholesale prices are not listed on nada dot com.
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Don
'07 Winnebago Journey 34H - CAT C7, Koni's, MCU's, SS Bell Crank, Safe-T-Plus
'07 HHR Toad, SMI AFO, Blue OX
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02-11-2012, 10:22 AM
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#5
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Senior Member
Join Date: Jan 2012
Location: Wisconsin
Posts: 195
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When researching last year to sell and then buy. we found that when looking for used values. All you need is year, make & model. Options mean nothing when talking about used. Neither does mileage on a diesel. Granted to you it matters. You'd rather pay for a low mileage vehicle than high mileage.
When we sold our old coach, it had been painted a 4 color paint job instead of the factory white with graphics, had in motion satelite, front cabinet had been updated to accept a flat screen tv, tile in the entry. It was only worth what a stock unit with no upgrades would be. And it only had 28,000 miles.
We made more than we would've trading it in, and the new buyers are happy. So, we're happy.
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2013 Entegra 44DLQ Ebony Blaze
2014 Ram 1500 Laramie Longhorn Limited Toad
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02-12-2012, 12:17 AM
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#6
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Senior Member
Outdoors RV Owners Club
Join Date: Oct 2009
Location: Manitoba,Canada
Posts: 2,789
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It's good to use the guides and other research to determine the value of a certain coach. But, if you're looking at one that interests you, and it has new LCD TVs, new appliances, new paint, new curtains, new flooring, new tires, etc. etc., it's going to be worth considerably more to you than the same coach with absolutely none of those improvements.
On the flip side, a coach with all of those improvements may not be able to sell for any more than a coach with none of those improvements. Just the way it is.
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2016 Creekside 23RKS
2012 Ram 2500 Laramie 4X4 Cummins 6.7L
Canada, eh?
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02-12-2012, 01:43 AM
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#7
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Senior Member
Vintage RV Owners Club Fleetwood Owners Club
Join Date: Aug 2011
Location: Santa Barbara, CA
Posts: 413
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I don't think you can trust NADA to accurately value a motor home. It doesn't even take into consideration the miles on the engine. Miles is a HUGE factor in determining the value of any motor vehicle! Just look at the cost for a rebuilt motor for your motorhome and you will quickly find that out.
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02-12-2012, 01:46 AM
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#8
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Senior Member
Vintage RV Owners Club Fleetwood Owners Club
Join Date: Aug 2011
Location: Santa Barbara, CA
Posts: 413
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Also, there is one called "The Black Book", does anyone know if this is a good one to get accurate values?
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02-12-2012, 06:35 AM
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#9
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Senior Member
Monaco Owners Club Workhorse Chassis Owner
Join Date: Nov 2009
Posts: 1,363
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Quote:
Originally Posted by Tyler6357
I don't think you can trust NADA to accurately value a motor home. It doesn't even take into consideration the miles on the engine. Miles is a HUGE factor in determining the value of any motor vehicle! Just look at the cost for a rebuilt motor for your motorhome and you will quickly find that out.
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miles can be added to the NADA valuation. It may add or subtract value based on the age of the coach.
Quote:
Originally Posted by Tyler6357
Also, there is one called "The Black Book", does anyone know if this is a good one to get accurate values?
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make friends with a dealer who has a subscription or check your bank to see if they have a membership. It can be accessed online.
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02-12-2012, 07:32 AM
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#10
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Senior Member
Join Date: Aug 2001
Location: FL
Posts: 1,355
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I only use NADA or other books for comparison pricing between units. The value of anything is determined by the buyer, not the seller IMHO.
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--2005 F350 Superduty Crewcab, 6.0, 4wd, short bed, 3.73 gears
--2016 Montana 3711FL, 40'
--SOLD 2014 Wildcat 327CK, 38'
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02-12-2012, 06:34 PM
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#11
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Member
Join Date: Apr 2011
Location: Des Moines, Iowa
Posts: 57
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I looked for two years before I bought mine and I believe that most will sell for NADA wholesale/loan value.
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Wendell & Bev
Des Moines, Ia
2007 Alfa 40'
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02-18-2012, 06:25 AM
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#12
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Senior Member
Join Date: Jul 2011
Location: Miami, FL
Posts: 611
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Quote:
Originally Posted by adamson
I looked for two years before I bought mine and I believe that most will sell for NADA wholesale/loan value.
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I am still looking to buy one. I have been finding that respectable dealers are willing to sell used motorhomes around NADA Low Retail and appear to be making sales. On the other hand, all of the private sellers that I have spoken to thus far are asking NADA Average Retail and expecting the buyer (me) to subsidize some of THEIR depreciation from new. This will not happen. Selling at NADA Wholesale to a dealer is not so appealing for them either, but the current market is what it is. The way I see it, the choice for private sellers is to hold on and wait for better days (yeah, right) and keep eating more depreciation and paying more interest...or sell it to a real buyer like me at or below Low Retail...or end up dumping it to a dealer somewhere down the road at an even lower Wholesale value. I'm still looking for a private seller who is realistic and willing to sell NOW for somewhere between current Wholesale and Low Retail. If I have to pay Low Retail for the used coach that I want, I would rather buy from a dealer.
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02-18-2012, 06:58 AM
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#13
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Senior Member
Join Date: Sep 2006
Posts: 402
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My experience the value is what someone offers you and you accept. Guides books help, but they've never matched my realities. I've been above and below. Mostly below.
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Richard
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02-18-2012, 03:53 PM
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#14
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Senior Member/RVM #90
Monaco Owners Club
Join Date: Nov 2002
Location: Columbus, MS
Posts: 54,784
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Thanks folks for all your advice! I made a deal on a 2002 Monaco Windsor 40PBT and drove it home from Montgomery, AL, yesterday! It was really scary at first, but after about 30 minutes I got comfortable with it. Ran off the edge of the pavement a couple of times and scared the wife to death, but made it home in one piece!
__________________
Joe & Annette
Sometimes I sits and thinks, sometimes I just sits.....
2002 Monaco Windsor 40PBT, 2013 Honda CRV AWD
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