Trade-In Value Of Your Camper: How Much Can You Get?

If you're looking to trade in your camper, you're probably wondering how much it's worth. The value of your camper will depend on a variety of factors, including its make and model, age, mileage, and current market conditions. To get a sense of its value, you can consult resources such as the National Automobile Dealers Association (NADA) Appraisal Guide, RV Trader's Price Checker, or Good Sam's RV Valuator. Additionally, the time of year can impact the value, with higher demand during the spring and summer camping seasons. To get the most value for your trade, it's recommended to clean your camper, fix any broken parts, and provide detailed maintenance records.

The National Automobile Dealers Association (NADA)

When it comes to determining an RV's value, NADA considers several variables, including the make, model, and year of the vehicle. Certain brands, like Airstream, are known for holding their value better. Newer, higher-rated models will generally command a higher price than older, lower-rated ones. Vehicle size is also a factor, with larger RVs typically valued higher than smaller ones.

In addition to these factors, NADA also takes into account the mileage, the condition of the engine, transmission, and other crucial parts, as well as the configuration and overall condition of the RV's interior. The number and types of extras included with the vehicle can also impact its value.

NADA's website allows users to easily navigate and find the value of their RV. Users can select the "type" of RV they have, such as travel trailers, motorhomes, camping trailers, truck-top campers, or park models. NADA also provides valuations for tow vehicles. After selecting the category, users can choose from a list of manufacturers and models, which can be filtered by year and style. Users can also choose to include or exclude specifications such as length, design, floor plan, and slides.

Once the relevant information has been entered, NADA will display the RV's suggested, average, and low retail prices. This information can be useful for both buyers and sellers, helping them set a price or vet potential RVs.

It is worth noting that NADA's values are now known as J.D. Power Values, as J.D. Power acquired NADA Guides in 2017. However, NADA continues to serve as a valuable resource for anyone looking to determine the value of their RV or camper.

Popularity of the make and model

The popularity of your camper's make and model will have a significant impact on its trade-in value. Dealers will be looking to acquire an RV that they can sell quickly, so it's important to consider the desirability of your camper's make and model to potential buyers.

Some makes are known to hold their value better than others. For example, Airstream is a brand name that is recognised for its reliability and popularity, and these RVs tend to have a higher resale value. The make and model of an RV are fundamental factors in determining its value.

Specific models may have unique features or layouts that can impact their desirability and, consequently, their market value. For example, some models may offer more luxurious features, such as upgraded appliances, solar panels, or interior renovations, which can positively influence their market value.

On the other hand, certain RV models may be known for having problems, such as stuck slide-outs or water leaks. If your model and year are known for such issues, it will likely be worth less than similar models. It is important to research the specific make and model of your camper to understand any common problems associated with it, as this will impact its popularity among dealers and potential buyers.

Additionally, the floor plan, unit type, and year of your camper will also play a role in its popularity. Dealers will consider these factors when deciding whether to acquire your RV for trade-in, as they want to ensure that it will be an attractive option for their customers.

The popularity of your camper's make and model is a crucial aspect of determining its trade-in value, and it is worth researching these factors to understand how they might influence the valuation of your RV.

The condition of the camper

The condition of your camper is a key factor in determining its trade-in value. A camper that is in good condition will generally have a higher value than one that is in poor condition. This includes both the interior and exterior of the camper.

When assessing the condition of your camper, consider the following:

• Surface-level issues: Look for any broken cabinetry, chipped paint, or stained floors. These issues may be cosmetic, but they can impact the overall aesthetic appeal of the camper.
• Functionality: Disclose any issues with the functionality of the camper, such as leaks or malfunctioning features. A potential buyer will want to know if there are any problems that need to be addressed.
• Interior condition: Assess the condition of the upholstery, appliances, and overall interior space. Outdated or worn-out interiors can decrease the value of the camper.
• Exterior condition: Inspect the exterior for any dents, dings, or other signs of damage. A well-maintained exterior shows that the camper has been cared for and can increase its value.
• Maintenance records: Providing detailed maintenance records can show that you have taken good care of the camper and increase its value.
• Popularity of make and model: Consider the demand for your camper's make and model. Some models may be more popular than others, which can impact the trade-in value.

It is important to be objective when assessing the condition of your camper. Sentimental value or fond memories may impact your perception of its condition. A professional appraisal can also be helpful in determining the condition and value of your camper.

The time of year

However, it is important to consider your target audience when deciding on the timing of your trade. For example, retirees looking to purchase an RV for winter travel south, known as "snowbirds", may be more active buyers in the late summer or early fall. Targeting your ads to this specific audience during this time of year can result in a successful sale.

Additionally, economic factors and market conditions play a role in trade-in values. During times of economic uncertainty or recession, dealerships may be more cautious about acquiring inventory and may offer lower trade-in amounts. On the other hand, high demand for RVs can drive up trade-in values as dealerships compete to meet customer demand. This was evident in the period following the 2020 pandemic, when trade-in values rose significantly.

Overall, the time of year can significantly impact the value of your camper trade-in, and it is important to consider factors such as seasonality, target audience, and market conditions when deciding on the optimal timing for your trade.

The trade-in value

NADA Appraisal Guide

The first thing a dealer will do when assessing the trade-in value of your camper is to look up its value in the National Automobile Dealers Association (NADA) Appraisal Guide. Only dealers have access to this guide, which takes into account various factors to determine the value of RVs, including:

• Mileage (for motorhomes and vans)
• Current market conditions

It's important to note that options and upgrades are not factored into an RV's NADA wholesale value. This is because banks and insurance companies do not consider add-ons when determining the RV's cash value. As a result, the buyer of your RV will only be able to obtain financing from a lender based on the RV's wholesale value.

Condition of your camper

The condition of your camper will also have a huge impact on its trade-in value. Dealers will rarely be able to value your trade above its wholesale value, so it's important to ensure your camper is in good condition. This includes fixing any broken parts, inspecting the seals for any damage, and giving the camper a thorough clean, both inside and out. A dirty camper may appear mistreated and can suggest that it hasn't been well-maintained.

Popularity of your camper's make and model

The popularity of your camper's make and model will also affect its trade-in value. Dealers want to acquire RVs that they can sell quickly, so they will consider factors such as the floor plan, unit type, and year of your camper. Some models may be known for having problems, such as stuck slide-outs or water leaks, which can decrease their value.

Current market conditions

Market conditions are a major factor influencing the value of your camper's trade-in. When demand for RVs is high, dealerships may be willing to pay more to acquire inventory and meet demand. On the other hand, when demand is low, the value of your trade-in may decrease as dealerships have fewer customers. It's worth researching current market conditions to understand how these economic factors may affect the value of your trade.

Frequently asked questions