Whatever you purchase, you shouldn’t make a run for your own money just because they cost cheap or too extravagant, like a recreational vehicle or RV. If you’re one of those people who love the outdoors and you’re planning to get say, a motor home or a trailer camper, then you deserve to get the best price as possible. Just like you would check out the value of a secondhand car, checking an RV’s value especially is just the same. The only probable difference is that you may encounter when checking out the value of used RVs is that, there are fewer reliable choices. But by all means, it is quite easy to check out prices and determine the value of a secondhand RV. First of all, you have to get your facts straight about your choice of vehicle, in this case, an RV. Take note of your preference and the different types of RVs that are available in the market today. These varieties include truck campers, motor homes, trailer campers, and fifth wheels.
What you Should Take Notice
Take note of its condition, mileage, and the year it was manufactured. Don’t forget to take a good look at the electronics, appliances, and the presence of a generator. You may have to live in a motor home or park model for some time, so you have to take a generator with you. After you have gathered all these facts, then it would be the best time to search the real value of the RV that you want online. For your utter convenience, NADA Guides provide correct price values for cars, RVs, trucks, and even water crafts on their website free of charge. All you have to do is click on the ‘Recreational Vehicles’ tab and select ‘Get a Price’. With your notes, enter all the information that you have compiled about the RV and then just follow all the instructions indicated on the succeeding pages so you’ll get the reasonable value that you need. Some sellers, buyers, and dealers would compare RV prices from different websites and get their average prices.
Aside from NADA and Craigslist, you can also find RVs for sale at www.rvclassifieds.com, rvtrader.com, and eBay. Check out the manufacturer, model, and the year that the vehicle was manufactured and read more about them. Hire a professional to apprise your RV of choice. That way, you get to rest easily knowing that a professional appraiser has checked out your RV before purchasing it. An appraiser will also act as your middleman when it comes to negotiations, especially if the other party is feeling a little bit skeptical about the given values and prices at NADA. As you have the range of values, these numbers will enable you to come up with a good price that you’ll need especially for negotiations. The price is not the only thing that needs to be considered when purchasing an RV. You should also take note of down payments, your credit rating, and terms of loan when you have to use them.
These factors can greatly affect your negotiation. For starters, it would be wise to get a certified pre-owned recreational vehicle first rather than jumping the cart before the horse and get a brand new one. Certified pre-owned ones follow stringent guidelines when it comes to inspection so make sure to get them instead of buying a brand new one for yourself.
Pricing a motor home through the Kelley Blue Book
For people who love camping, going out on road trips, or spend the weekend together somewhere away from home, a motor home is actually a good investment. You don’t have to spend a fortune on hotel charges, you get to enjoy the comfort of your own cooking and home too, all in one moving vehicle. But just like any other vehicle, the process of purchasing a motor home entails stringent decision-making a research first. This ensures that you get the best value for your money. To find out price ranges, you can start looking at listings in the Kelley Blue Book, the most sought-after reference guide that has online and printed updated versions for people who are looking for vehicle prices. Take note of the different types of RVs that you can find in the market today.
There’s the bed-mounted truck-style camper, the self-contained coach recreational vehicle, and the chassis-mounted camper that doesn’t have a motor. So after you have narrowed down your choices to say, a coach design, you will then have to look for a certain brand and model’s information and present price in the Kelley Blue Book. The designs of the motor homes are indicated in the Kelley Blue Book as abbreviations. Here are some of them and their meanings:
MMH – mini motor home
MMMH – micro-mini motor home
T – towing vehicle
V – van
SC – self-contained recreational vehicle
Decide on the number of axles in the RV that you want. This information is needed in the Kelley Blue Book when you look for price listings, it narrows down your choices to a significant few. Find out the length and width of your chosen RV as these help with sorting out as well. With the correct section in the Kelley Blue Book website, you’ll be able to put a good price in the motor home with as little frustration as possible. Begin your search by clicking on the ‘Motor Homes tab and then choose the correct vehicle. The names of the vehicles are arranged alphabetically by manufacturer, and chronically as well. If you’re not sure of your RV’s make, consult the Blue Book’s cross reference section.
Make sure to read all the little notes about the model and make of each RV presented, as these little things can greatly affect your purchasing feat. Check to see if the model is discontinued or if it’s a limited edition. The Kelley Blue Book also lists down various listings and information on standard equipment available on RVs. Learn the private party value, trade-in, and suggested retail price of your chosen RV. Differentiate the three by bearing in mind that trade in price indicates what you’re going to pay for in an upgrade transaction. The private party price and the last one are the values that you can perceive to result in a dealer or private sale. Don’t forget to check out the Mileage Schedule and of course the Optional Equipment categories so you can get a more reasonable feel of the motor home’s price.