October 16th, 2009 | 
Author: Whether you are selling or buying a used RV, you will want to know its fair market value. You will need to find data on the sales prices of comparable RVs. You can start your research looking for 3 types of data:
- Used RV sales data
- The NADA Guide
- Asking prices of comparable RVs for sale
The RV Selling Data on actual sales at the PPL RV Consignment dealership is a good source. Two years of data from sales at the PPL RV Consignment dealership can be accessed.
The NADA Guide is also a source of RV pricing data. However, RV book values are not as reliable as automobile NADA guides. Book values for autos are established by analyzing a vast amount of actual used care sales data. Book values for used RVs are mostly determined by taking a percentage of the original MSRP.
There are many websites that advertise RVs for sale. Doing a Google search on you specific vehicle should help you locate similar ones for sale. The asking prices will provide information on the maximum price your RV is worth. However, the fair market value may be lower since the asking prices may not always be realistic. Of course the condition of your RV is also an important factor in determining the fair market value of your RV.
Please visit RV Pricing on PPL’s website for additional information and suggestions concerning RV appraisals and selling your RV.
Posted in RV Consignments