How to Find the Value of a Motor Home

Whether buying or selling a recreational vehicle (RV) motor home, finding its value can mean a good deal. Buying a RV in good condition may grant the buyer an opportunity of many exciting years of exploration and travel. Selling a RV can mean that the seller will upgrade to a new motor home or plans to simply end the days of travel. Whatever the objective, the deal involves a good deal of money, so it is important that all parties do their research to find a fair value for the motor home.

Instructions

1

Check the NADA guides and the Kelley Blue Book, two sources that list suggested RV values based mainly on a percentage of the manufacturer's suggested retail price (MSRP). These sources may not offer realistic current resale value rate, but they do offer a good starting point to gauge the value of a motor home. Enter the requested information about the RV into the searches of one, or both, of these guides (for example, motor home size, year of manufacture, accrued mileage, details about the interior) to receive an estimated value of the motor home.

2

Check the selling prices of other RVs on the market that belong to the same model, make, production year and class as the RV motor home under discussion. The comparison RVs should contain the same amenities (air conditioning, furnishings, appliances) as the desired RV for comparison purposes. The listed asking prices of these other RVs offer a jumping-off point from which to compare the motor home's value to the suggested price of the Kelley Blue Book or NADA guides.

3

Compare the Kelley Blue Book and NADA guides' suggested values for motor homes to various factors of the motor home in question by checking factors such as the RV's overall condition, adherence to a maintenance schedule, gas consumption rate, interior and appliances. Ask to have a mechanic check it out. Check the RV's appliances to make sure that they work well. Spray water over the top to check for leaks. Check the bathrooms to make sure that they work properly.

4

Use the Kelley Blue Book and NADA guides as a base. Adjust the value of the motor home up or down from the guides' suggested price according to the condition of the RV and its various parts, as well as the asking price of other motor homes of the same general class and condition. .