Originally Posted by Gary RVRoamer
The online NADA guide is based on average depreciation, not actual market values. The numbers can get way out of whack for popular models, especially as they get older. A popular model will hold value, but the guide keeps on depreciating it at about 6% per year. I suspect Dreams and Eagles pretty much stop depreciating after about 12-15 years.
DW and I, not so long ago, ended up with a motorhome to sell that we took in trade for a real estate purchase. When we sold it, I found that the selling prices were far above NADA listings, so I priced it at average retail. When people called I explained that that was the price, and we had no reason to lower it. Many callers/lookers were adamant about NADA pricing, some even wanting to show me "evidence". When I told them I did not care, some were outraged - took it very personally. Long story short - it was a popular model, we sold in about 60 days, for the price we wanted (average retail). NADA just does not work sometimes.