Determining Your RV’s Trade-in Value to a Dealer
- 12.21.11
- RV, RV
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Determining your RV’s TRUE Wholesale Value The first thing you need to know is that the ONLINE valuation guides for RVs are usually much higher than the values in the dealer’s copy of the NADA guide. In other words, what YOU think your RV is worth is probably much, much higher that what the DEALER will actually allow for it.
This is the same for the automotive, boat or RV industries. The dealer MUST take trade-ins at or below wholesale to ever hope to eventually make a reasonable profit. He must allow for interest payments on his used inventory, commissions to sales people, overhead, and much more. A typical mid-sized RV dealer will have a monthly overhead of $50,000 to $150,000… or more per MONTH! Believe me, it’s not an easy game. He has laid out millions of dollars to allow you to browse a decent selection of RVs, so please… Don’t think of him as the bad guy.
Online RV Valuation Sources Lets take a look at the online RV valuation sources and how to use them in order to place a realistic wholesale and retail value on your RV. The best place to get fairly accurate online values for RVs is at: [http://www.nadaguides.com] Go to the RV section and select the appropriate letter that corresponds to the make of your RV.
Now is where you’re going to have to grit your teeth and do something completely against your nature. DON’T ADD FOR ANY OPTIONS! The dealer won’t, so in this case we won’t either. Understand that we are only trying to determine what the dealer will allow for your trade-in. This doesn’t mean that you have to take it. In fact, you will be many dollars ahead if you decide to market your RV on your own, and then approach the dealer on a cash only basis…. But that’s another topic we’ll address in another article.
Depending on your needs and the amount of space you have available, there are several options when it comes to batteries. You can use one 12-volt Group 24 deep cycle battery that provides 70 to 85 amp hours or you can use two or more 12-volt batteries wired in parallel. Parallel wiring increases amp hours but not voltage.
If you have the room you can do what a lot of RVers do and switch from the standard 12-volt batteries to two of the larger 6-volt golf cart batteries. These pairs of 6-volt batteries need to be wired in series to produce the required 12-volts.
Series wiring increases voltage but not amp hours. If this still doesn’t satisfy your requirements you can build larger battery banks using four 6-volt batteries wired in series/parallel that will give you 12-volts and double your AH capacity.
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