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Old 06-19-2016, 10:11 PM   #1
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1st Time RV Buyer: How to know what it's worth

Hello , I'm looking to purchase an RV for the first time and have come across 2 that I am interested in. They are a 1989 and a 1993 with low miles and both are asking $9500. I looked them both up on NADA Guidelines and according to them the average value for both is $4000, which seems a little low to me, but the asking price of $9500 seems too high. How can you determine what a fair asking/purchase price is?

I would appreciate any advice as I am a single female looking to start FT by myself, with no experience purchasing an RV.

Thanks!
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Old 06-20-2016, 12:54 AM   #2
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NADA is pretty accurate. And don't let the seller add any standard equipment as options to the calculation...the standard equipment is already part of the estimate.

The $4,000 to $9,000 price difference is about the typical difference between a dealer/retail sale and a private party sale.

Finally, you can double check the price with an Internet search for similar models elsewhere... just do a Google search for the same year, make, and model, plus the words "for sale".

A good tool to search all of Craigslist (used by sellers of new and used) is SearchTempest: Search all of Craigslist nationwide & more

The used market is tricky, so be smart and take your time. Often, overpriced units sit with sellers waiting for that buyer that doesn't do their homework.

Best luck
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Old 06-20-2016, 03:26 AM   #3
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There is a gentleman on this forum who does accurate appraisals on all types of rv's His name is David Lester but I cannot find him on here.

Here is his email address.

DavidWLester@outlook.com

Hope I am not messing up here but he gave me some good info
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Old 06-20-2016, 10:34 AM   #4
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RV Prices, Values & Reviews - NADAguides
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Old 06-20-2016, 01:27 PM   #5
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$9500.00. Is that from a dealer? If you intend to purchase a used RV ask the person to show you all the paper work, like maintenance work, old warranty work just a little history on that particular vehicle.
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Old 06-20-2016, 03:01 PM   #6
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If you do a search for "NADA Values," I posted a similar question a while back and the consensus was NADA values don't work on old MHs. No one is selling these old units that cheap, at least not where I live (NM).

After I saw enough of them, I saw what my money could buy and kept looking until I found something that I thought was worth it. I got a 1993 24' Minnie Winnie for $6,000. It had 77,000 miles. I was not expecting perfect, but it was in good shape for its age and price.

I saw one 32' Class A where they wanted $7,000; dead flies everywhere, including coming out of the roof AC when they turned it on. I saw a 1986 Class B where they wanted $9,000; low miles but obviously some mechanical issues yet to be addressed. The prices are all over the place.

As one person told me, find something you want at a price that you're willing to pay. Then you know what it's worth.

Good luck.
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Old 06-20-2016, 04:43 PM   #7
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Keep in mind that very low mileage on an older unit can be a bad thing. Motor-homes do not like to sit for long periods of time, systems that are not used regularly tend to go bad.

Refrigerators, generators, coach fuel systems, etc. need to be used frequently, or they basically, rot.

Try to find single owner units, with solid maintenance records.

Good luck!
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