NADA Values

[Bobski12]

Do NADA on-line values apply to "vintage" MHs? I've been doing a lot of looking and research and I see posts that say "Never pay more than 50% of NADA." So, for most of the older MHs, $2,000? Are NADA numbers based on actual sales or something else?

I live in the Southwest and there are a LOT of "vintage" Class A MHs here, priced well above NADA. Is it the location? Do they stop losing value and "level off" at some point?

Lastly, when did 20 year old vehicles become "vintage?"

[bill06447]

NADA retail is just that, what you can expect to pay for a road-ready vehicle at a dealer, with a warranty (based on average sale prices). You shouldn't expect to pay as much for an as-is where-is deal from a private owner, nor for a rig that needs work or has damage (deduct the cost of reconditioning from the price guide values) Conversely you may have to pay over NADA retail for an exceptionally clean well maintained specimen.

[Nick-B]

The older the rig the less NADA values have any meaning in the real world. They simply apply a depreciation formula for older motorhomes.

Unlike a Toyota Camry which has thousands of reported dealer sales (perhaps monthly) that can give true market values from month to month, some older motorhomes may not have a single example of a specific model sold during an entire year. Kinda hard to pin a market price on something that has little or no data to work with so they use a depreciation formula.

[Inthe70s]

NADA is merely a collection of data that provides averages. It really has nothing to do with the condition, uniqueness, region, or what's happening in the economy. The older a vehicle gets, there is less data. For vintage vehicles, including RV's, the NADA is not an accurate factor. Prices of vintage vehicles are all across the board for a variety of reasons.