RV owners often wonder what their RV is worth. Are they undervalued? Overvalued? Is there any way to find out?
Whether you’re thinking about buying a new RV or just curious about its value, this post will help you determine the book value of your RV.
We show you where to find tool that allow you to enter information about your RV including year, model, size, mileage, and condition. Then, it will calculate the book value based on the current market price of RVs.
Is there a Kelley Blue Book for RVs?
There is no Kelley Blue Book for RVs, but many use another website and database to help determine a used RV value. You have many factors and multiple data points to consider when pricing a used RV, but you can start with the vehicle NADA (National Automobile Dealers’ Association) Guides by JD Power.
How to determine the value of an RV
When determining the value of an RV, we recommend looking at the following factors:
- Condition – If your RV is in good shape, then it should be valued higher than if it needs repairs.
- Size – Smaller RVs tend to be cheaper than larger ones.
- Year – Older models are typically less expensive than newer ones.
- Mileage – The longer the distance driven, the lower the value.
- Location – Where you live may affect the value of your RV.
- Type – Some types of RVs are more valuable than others.
- Brand – Certain brands are more popular than others.
- Model – Certain models are more valuable than others, depending on how many were made.
- Features – Some features, such as slideouts, are worth more than others.
- Accessories – Other items, such as campers, trailers, and boats, can add to the value of your RV, so keep track of those.
- Maintenance – Keep up with regular maintenance to ensure that your RV continues to function properly.
One you have this data, there are several ways to determine the value of an RV. Some are more useful and accurate than others, like NADA RV valuations or using comparable vehicles found in the national consignment database, but one thing is certain: there is no Kelley Blue Book valuations available for RVs because that is the one type of vehicle KBB does not monitor.
Finding RV Values on NADA’s Website
- Click on the large “Start Here” button to research pricing for used and new RVs.
- Choose to browse by the manufacturer or by RV type (travel trailers, motor homes, camping trailers, park models, truck campers, or tow vehicles). Simply click the option of your choice to proceed.
- If you choose the type of RV, you will be taken to a list of manufacturers that offer the specific type of unit selected, and you’ll need to choose one to proceed.
- Once you have specified a manufacturer, you can choose the model year and look through the list of models based on the search information you have provided up to this point.
- After you select a specific model, you will be prompted to enter your zip code.
- You will then advance to a screen that lists all available options. Click the box for each option that applies to the unit you are considering, then click continue. Alternatively, you can opt to get base pricing.
- The next screen will provide you with a suggested list price, as well as the lowest and average retail prices that might be appropriate based on condition, use, location and other factors.
Checking RV Prices on RV Trader
Another useful tool for checking the fair market value of RVs is the Price Checker on RV Trader.
- Choose whether you’d like to conduct a nationwide search or if you’d like to search near a specific zip code. With the latter, you can select a search radius between 10 and 400 miles.
- Pick the type or types of RVs that interest you, ranging from Class A recreational vehicles to toy hauler travel trailers.
- Choose the makes and models of interest. You can select multiple makes and models of RVs.
- Select the trim level for each make and model you picked in the previous steps.
- Set a year range (minimum and maximum) or opt to set no year.
- Click the green “Check Price” button.
If you have a vehicle identification number (VIN) for a specific RV that you want to learn more about, you can order an RV History Report from RVChecks.com. A single detailed report with 30 days of access costs just under $25. You can also order three RV History Reports for about $50, including the same 30 days of access.
How do you determine the value of a travel trailer?
It’s called NADA, or the National Automobile Dealers’ Association, and they list prices and values for motorhomes, travel trailers, and even truck campers and park models. Platforms like RV Trader, which help people buy and sell RVs, are also a great resource for getting an approximate value of your rig.
What is the depreciation rate of an RV?
There are some factors that affect depreciation of course but on average depreciation currently works out at something like 8% per year, except for the first year. The depreciation on a brand new motorhome is more like 10 -15% depending on the make and model.
Is there a Kelley Blue Book for trailers?
It is today’s Kelley Blue Book for trailers, motorhomes, truck campers, vans, and pop-up trailers. I love The National Automobiles Dealers Association (NADA) RV Pricing Guide. It’s the easiest RV value guide to use.