How Much is MY RV Worth?

Prospective RV sellers should be scrambling right now to get their RVs prepped and listed for sale so they can take advantage of an unprecedented early RV buying rush. If you want to take advantage, you need to find out “How much is my RV worth?”

If you haven’t already heard, right now is the time to sell your RV. That said, before you can list your rig for sale, you have to determine the value of your trailer or motorhome so you know how much to ask for it. This can be tricky to do, as the RV market does tend to fluctuate based on a number of factors.

Are you wondering, “How much is my RV worth?” Well, we’re here to help you out. Below, we’ve outlined everything you need to know when determining your asking price for your RV.

Why Pricing is Important

You might be wondering why you should be worried about how you price your RV. The answer? Pricing determines quite a lot when you go to sell your RV. Not only will your asking price help determine how much you get for the rig in the end, it will also determine the type of consumer your rig attracts or doesn’t attract.

If you overprice your RV, you might find that your advertisements are overlooked entirely. Meanwhile, those who underprice their RVs will likely find that they are met with low-ball offers. Of course, underpricing will also mean you don’t get what your RV is actually worth, something all sellers should definitely avoid.

RVs offer a freedom of travel that most people enjoy. Knowing how much your RV is worth, is important before you sell it.

Knowing Current Market Conditions

One key to pricing your RV correctly? For starters, knowing current market conditions is crucial. Understanding how prices rise and fall based on the season is one aspect of this. It’s also a good idea to have a handle on the popularity in your area at any given time.

Right now, RVing is becoming increasingly popular in all parts of the US. The result of this is an incredibly hot RV market that is driving RV prices up, meaning sellers can get more than they might think for their homes-on-wheels.

How to Determine RV Value

In order to ensure you price your RV according to the current market, we recommend doing a bit of research.

Checking out RV listings in your area to see how much similar RVs are going for is a great starting point. Checking the NADA Guide and Kelly Blue Book can also be extremely helpful. Additionally, heading to a local dealership to find out the trade-in value might also give you a nice idea of where to begin (though trade-in value is never as much as an RV is actually worth).

In addition to the current market, be sure to consider the age, mileage, and condition of your RV as you sift through listings and make an effort to determine what you should ask for your rig. Upgrades such as solar panels, improved appliances, and better mattresses can also change the value of your RV for the better, so make sure to take those into account.

Finally, we highly recommend using our RV valuation tool to help you decide your asking price. We provide you with the most accurate value possible based on the information you provide, so this tool might just be the most valuable tool in your seller’s toolbox.

Ready to sell and unsure where to begin? We can help with that too! Check out this page to learn more.

About Chelsea Gonzales

Chelsea Gonzales has been living in an RV and traveling with her family for 7 years now. She road schools her two children, using various travel experiences as lessons in history, science, geography, and more. During their time on the road, the Gonzales family has had the pleasure of touring the 48 contiguous United States as well as parts of Canada. They have learned a lot along the way and Chelsea is happy to share some of that knowledge through her writing.