If you are an RV owner and looking to sell your RV, you will probably need to know just what it is worth before you know how much you are willing to take for it. The best place for you to turn is to the trusty blue book. This book is like the bible of RV values. Surely, you have heard of the blue book for cars, well this is relatively the same, but for the big RVs.
How Is the Blue Book Value Calculated?
The RV blue book value takes a lot of different conditions into consideration. First, it will consider the average price asked by dealers for that specific make, model, and year.
Depending on which blue book you choose to use, you may be provided various values, such as retail, private party, and trade-in. The retail price will include profit, advertisement, commission, and other amounts that may be associated with doing business. Typically, retail value is used for selling the RV to a dealer.
Private party will give the value that someone might consider when selling to another person that is not a professional dealer. This value assumes that the RV is in top condition and meets all standards that it originally came with. Of course, there are many things to be considered when determining your selling price.
Some things to consider, include:
- Current Body Condition : Is there any rust, dents, dings, or weather related signs?
- Current Mechanical Condition: Does the RV run in top shape? Have you kept up on routine maintenance? Is there anything missing or not working?
- Current Interior Condition: Do all appliances and facilities within the RV function properly? Are there any problems? Does the interior show any signs of wear and tear?
It is always possible to get the most out of your RV, match the blue book value if you find the right buyer, and make any necessary adjustments to ensure that the RV is in top condition inside and out.
Where can I Find Current Blue Book Values?
There are several blue book value guides available for your use. However, one of the most popular is the Kelley Blue Book. This book has been used by dealers and private sellers for many years. What is great about the Kelly Blue Book is that they offer both a hard copy of the book, as well as an online version that is updated weekly. The actual book is updated several times per year.
Another great blue book guide is the N.A.D.A. Recreation Vehicle Appraisal Guide. This guide, provided by the National Automobile Dealers Association (N.A.D.A.) offers a wide range of prices that includes suggested listing, retail, and wholesale. This guide is updated three times yearly.
Knowing the blue book value of your RV can help you get a great starting point when you are looking to sell your recreation vehicle.