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Old 03-31-2016, 03:43 PM   #1
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Motorhome Values

Whether selling or trading, what is a good source for honest value of a motorhome including upgrades and renovations?
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Old 03-31-2016, 03:51 PM   #2
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IMO there is not a good reliable source. Some do a straight discount, very few add much for upgrades or renovations.

I do not understand the depreciation tables although they have been used for years. I can not rationalize the instant discount when you sign the papers. It has ever been thus and we as consumers have accepted what has been happening.

Guess that buyers want to pay the least amount and sellers want the most they can get. If you can get a good quality unit for a fair price and both the buyer and seller are happy - all is well.
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Old 03-31-2016, 03:59 PM   #3
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Or if buyer and seller are equally miserable, it's a good deal.
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Old 03-31-2016, 04:16 PM   #4
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Upgrades and renovations have little or no value including maybe even taking away value if they weren't done right or aren't "normal". One persons great improvement is another persons gross mistake.
If your looking to trade at a dealer they wont even care or look at it other than to ask about major damage. If you know a banker they have the "book" that the dealers use and can give you rough numbers but i've found it helps to know someone. NADA Book online has a book but its only close and for real numbers you have to ignore any Options unless they were extra factory add ons from a normal coach.
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Old 03-31-2016, 05:32 PM   #5
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Jim-

The best sources I've found are the reputable major Web sites, such as RVTrader and RVT. Unless you have something really special, your coach will sell for the average price of other coaches of the same year, make and model, give or take 5 percent or so.

A quick look says coaches like yours are selling for between $35,000 and $40,000.
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Old 03-31-2016, 07:04 PM   #6
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It's difficult with RV's. You really have to find a bunch of them that are similar and then do the math. You can get pretty close.
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Old 03-31-2016, 07:25 PM   #7
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I use NADA. Some like it, some don't. I do. I offer about 20% below NADA low retail. I may or may not stick to that offer depending on condition and upgrades.
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Old 03-31-2016, 07:31 PM   #8
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The only true source is nada. You can say that they use a percentage ect. but the bottom line is that the dealers use it and the dealers set the market. Private parties don't account for enough sales to change the market the dealers set. Love it or hate it NADA is the valuation tool in the RV world. Its also what the banks use to determine loan value. The problem is too many people figure their coach is worth what they owe and that has zero to do with its value.
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Old 03-31-2016, 07:33 PM   #9
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By the way, custom changes to rv's hurt the value. If your going to change things, save the furniture and any thing else that is replaceable. If it doesn't look factory it takes away value.
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Old 04-01-2016, 12:07 AM   #10
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Best source that I have found is PPL Motorhomes. They are a consignment dealer that sells a ton of RVs each year. They have a good number of RVs listed and keep 2 years of sales on their website. I have purchased from and sold through them. Their prices may seem on the lower side but they know how to price RVs so they don't sit for six months. Used Recreational Vehicles Sold or for Sale - PPL Motor Homes
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Old 04-01-2016, 12:47 AM   #11
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I think the history at PPL is a great suggestion. Access to two years of history is a great resource.

When I traded, I had an idea what my coach was worth. The dealer pulled out NADA and offered me retail for my coach and retail for the new "used" coach I wanted to buy. I thought that was fair...like value for like value. Have no idea if I got taken, but I was happy. I thought the number he gave me for my coach was very good and I thought I was getting a very good price for my newer unit.
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Old 04-02-2016, 07:53 AM   #12
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I never pay NADA prices. They set their prices at what they "think" they can get for it, not what it actually sells for. I would advertise what you think the coach is worth to you and then work down. Don't be afraid to make a list with names, phone# and offers. It will give you an accurate idea of what your coach should sell for. Craigslist is flooded with flippers that try to use NADA for a pricing guide. When I run into an owner doesn't want to negotiate the price and take offers then you have probably run into a Flipper.


RV speculators/flippers are always on the look out for something cheap that they can resell at a profit. Make sure that you notify your DMV that you have sold your coach so it will taken it out of your name. What ever you do, DO NOT carry the loan for some one. Make them get a bank loan so it is in their name. Many of the flippers will want to keep your name on the title until they can resell, and this can lead to legal problems down the road for the you.


On the other hand, I have several friends that have had their moho's up for sale for several years because they don't want to come down in price. One of my friends left his DP on the consignment lot for the winter and they didn't winterize the plumbing as promised. Ouch!!! that was an expensive lesson.......
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Old 04-02-2016, 09:43 AM   #13
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Quote:
Originally Posted by B52Guy View Post
I think the history at PPL is a great suggestion. Access to two years of history is a great resource.

When I traded, I had an idea what my coach was worth. The dealer pulled out NADA and offered me retail for my coach and retail for the new "used" coach I wanted to buy. I thought that was fair...like value for like value. Have no idea if I got taken, but I was happy. I thought the number he gave me for my coach was very good and I thought I was getting a very good price for my newer unit.
With all the horror stories I've seen here and mu own limited experience it sounds to me like you got a fair deal. The Dealer always makes money and that is how it should be. You are happy and that is how it should be! NADA is a great "ball park" figure to get you started.
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Old 04-03-2016, 10:16 AM   #14
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I also say nada is the best way to set your value... Book it - low retail with no adds should be close to the value..
As others had said also check the two big online sites. Rvtrader. Rvt. Ck your model and see what others are selling for across the country. Between those 2 sources that the value... Jmo
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