LarryWR400
Pueblo, Colorado
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Joined: 01/29/2004
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How accurate are the NADA bluebook figures in your opinion?
Looking at a Class C in very good condition. low miles (96' with 29,300) owners asking $23,750
NADA shows Average Retail $23,340 low retail $19,150
1996 23ft Jayco Eagle
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cruiseair buck
malvern,pa
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Joined: 11/29/2003
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i think NADA,KBB are ok guides,i have never found them to be totaly accurate. They can give you a base line for an acceptable price,if you like the unit start with a low price and work up,set a price where you want to be,dont go over
buck
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DmaxWW
Oklahoma
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Joined: 03/05/2003
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I have found that the real world price of vehicles is usually a couple of thousand dollars less than the NADA book price. Edmunds or Kelly blue book are closer to the real world. NADA gives you a good place to start but I would try and pay a lot lower than what the book is quoting. My .02 cents.
KE5NCP
2002 Chevy CC dually, WW 2003 SLC 3705 Toyhauler, 98 Terry 34.5, 3 slides, 97 Wrangler and a couple of vettes.
MY photos
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mables
Norman, Oklahoma
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Joined: 08/17/2003
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Also remember it is just a guideline.
I sold my 2001 class A Sea Breeze for ten thousand dollars under average price.
It did not have slides.
So it depends on how the unit is equipped.
I was lucky to have found a buyer that was specifically looking for my unit.
Good Luck!
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SuperDutyFiver
Long Valley, NJ, USA
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Joined: 10/30/2003
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It seems that most banks are using NADA for lending money now...for whatever that's worth!!!
Mark
1 PSD 4x4 Custom Tow Vehicle
1 PSD 4x4 SUV
2 PSD 4x4 Duellies
34-5Y Prowler LSI Loaded with Xtra Stuff
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turninghawk
Gatlinburg, TN
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Joined: 09/11/2003
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Having been an automobile dealer for over 22 years, I can tell you that the NADA book is a far better guide than Kelley. I use it religiously. One day, however, I would like to find "Mr. Kelley" and sell him my entire inventory for what he says it is worth. I could retire tomorrow!! Kelley's pie-in-the-sky numbers are FAR from being realistic. A Kelley Blue Book is best suited to stick under the foot of an unlevel desk to keep it from tilting. Not much more.
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ravinace
San Diego, CA
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Joined: 03/02/2004
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Kelley's site admits they use "asking prices" for guessing a vehicle's worth. NADAguides.com says they accummulate data of actual sales transactions from dealers, auctions, vehicle clubs and associations. If this is true, that would make a world of difference if Kelly shows "asking prices" and NADA shows "sold prices." I think Kelly's methodology is akin to the "asking price of a house" versus the appraised value, which is based on what recent similar homes sold for. Edmunds had a good article last year on their site about the "Kelly price methodology." I'll see if I could find the link for everyone.
Rob
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ravinace
San Diego, CA
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Found the link to the Edmunds' article on the Kelley Blue Book price:
http://www.edmunds.com/advice/buying/articles/49241/article.html
Enjoy!
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4Xpy4
Flower Mound, TX
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Joined: 08/06/2003
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Important to note that NADA for RV's is not based on actual sales transactions of like units. The used base prices and option values are all based on a depreciation schedule from original prices. Now, remember that original MSRP is generally say 10-15% over what the average person pays. In my experience, you can take at least 10-15% off the NADA value to see a reasonable 'market' price.
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2000 Winnebago Minnie 31C
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