7 Ways To Maximize The Resale Value Of Your RV - RV LIFE (2024)

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7 Ways To Maximize The Resale Value Of Your RV - RV LIFE (1)

Maximize your RV’s resale value. Photo by Pxhere

In our previous article, we discussed how to maximize the use of your RV and get the most out of your investment. Now let’s take a look at ways to maximize the value of your RV when it comes time to sell or trade it.

1. Use it!

As I covered in the last installment, use your RV to its maximum potential. While you would think the more use an RV has the less it will be worth at time of resale, this is not always true, as using your RV regularly helps keep the operating systems in good working order.

For example—if the generator in an RV isn’t run regularly, parts begin to corrode, bearings aren’t lubricated, fuel gums up, and dirt and dust collect where it shouldn’t. Many RV owners have gone to their RV dealers to complain that their generator in their ten-year-old RV shouldn’t have failed after only eight hours of use. Lack of use is the problem.

While the mileage reading on the odometer of a motorhome will somewhat impact the value, it will be negligible if you follow the other tips listed below, so use it!

2. Don’t change the decor

While RV manufacturers aren’t perfect, they hire interior decorators that know what looks good and sells. Avoid any permanent interior decorating projects like painting the walls/ceiling, installing vinyl wallpaper, adding trim work, carpeting over vinyl flooring, or any other “improvements” that can’t be returned to original when it is time to sell your RV. While you may think green shag carpet looks great in your RV, potential buyers may not.

3. Avoid holes in the walls

If you need to hang pictures or coat hooks, avoid using nails or screws that will result in a hole in the wall. Instead use 3M Command Hooks that can easily be removed by you or the next owner without leaving holes.

Similarly, if you have an accessory like a satellite TV tuner or solar system that you plan on moving to your next RV, consider ways to install them without drilling holes.

Tuners can be anchored to countertops or shelves with double-sided tape and solar wiring can be routed through the refrigerator roof vent into the interior of the RV without holes being drilled to accommodate the wiring. Those looking to buy your RV will appreciate the lack of holes.

4. Don’t muck up the exterior

While it may seem fun to let people know where your travels have taken you, putting national park stickers for the parks you have visited or bucket list items you have accomplished on your RV will diminish the value of your RV.

Many believe stickers can be easily peeled off when it is time to sell the RV, but even if they easily come off the exterior of the RV (which they won’t) they will alter the finish (called “ghosting”) where they were installed by protecting the surface below from sun fade at the same rate as the rest of the RV.

If you are unable to leave the stickers in the gift shop, and still feel compelled to stick them on your RV, place them on the window glass where they can be removed with a razor blade without causing damage to the glass or show sun fade. Learn more here.

5. Take care of fabrics and woodwork

Fabrics and wood trim are one of the first items that will become obsolete and can’t be replaced when it is time to sell your RV. Take care of fabrics by cleaning them regularly and limiting the amount of UV exposure, especially when the RV is not in use, by covering them and/or closing the window blinds.

If a wood trim piece becomes damaged, try to repair it immediately with glue or small brads while it is easy to do so. For scratches, use wood color felt pens that match the color.

6. Take care of the exterior factory-installed decals

As your RV ages, exterior decals will begin to crack, peel, and fade. Cracked and peeled decals are unsightly and will expose the less faded siding underneath, adding to the unsightliness.

7 Ways To Maximize The Resale Value Of Your RV - RV LIFE (3)

Protect them by waxing the sides of the RV including the decals and take action when you see a decal cracking or peeling by repairing it.

7. Perform all required maintenance

Taking the time to perform regular maintenance like changing oil, keeping the roof and side walls properly sealed, changing/cleaning air filters, bearing maintenance, etc. will assure your RV is in top shape for you and the next owner.

By maintaining and keeping your RV looking good by using the tips above, you can expect to receive maximum resale value when it is time to sell it. Enjoying your RV for years and then selling it for top dollar, just another adventure in RVing!

Read more about RV resale value: 5 Things Making Your RV Lose Value

7 Ways To Maximize The Resale Value Of Your RV - RV LIFE (2024)

FAQs

7 Ways To Maximize The Resale Value Of Your RV - RV LIFE? ›

The more new and modern products you have upgraded within the RV will be more reasons why your RV can stand out to potential buyers, as they will have less to install upon purchase.

What adds value to an RV? ›

The more new and modern products you have upgraded within the RV will be more reasons why your RV can stand out to potential buyers, as they will have less to install upon purchase.

What is the best month to sell an RV? ›

Typically, late winter into early spring (late January until the end of March) is the most ideal time of year to sell your travel trailer, fifth wheel, or other type of RV.

What do banks use to determine RV value? ›

In order to determine the worth of your RV consider the following: NADA Value - it's like a Kelly Blue Book for RVs. It is used by banks and dealers to determine the national value of your RV. RV Listing Site - use RV listing sites like RV Trader and RVT to see what the going rate of your RV is in your market.

Is there a Kelley Blue Book for camper trailers? ›

There is no specific Kelley Blue Book or RV Blue Book for the RV industry, but you can get a free RV Valuation here.

How do I determine the fair market value of my RV? ›

What is my RV Worth? Here Are 5 Ways to Find Out
  1. NADA RV Value website. This resource gives ranges for RV sale prices based on manufacturer, model and model year. ...
  2. RVTrader.com. ...
  3. Marketplaces like eBay, Facebook Marketplace and Craigslist. ...
  4. Professional appraisal companies. ...
  5. Your local dealer.
Apr 15, 2021

What type of RV holds value? ›

Like with motorhomes, brand recognition can matter when it's time to sell. Brands that tend to hold their value the best include Jayco, Airstream, and Winnebago. At Lazydays, we carry a wide selection of the best RVs of all types, and we can even help you when it's time to sell your RV.

What is the fastest way to sell an RV? ›

Usually, the quickest way to sell an RV is with a dealership. This is selling directly to the dealer, with or without a trade-in, rather than consignment. Selling to a dealer might get you less money than a private sale, but it'll be speedy!

What is the slowest month for RV sales? ›

Buy in the Off-season

With RV sales slowing, dealerships are more likely to offer discounts and incentives to clear their inventory and make room for next year's models. This makes October to January the best time of year to buy an RV.

How long does the average RV owner keep their RV? ›

The average life of an RV can range from 10 to 30 years or 200,000-300,000 miles with proper maintenance.

What is my RV worth to sell? ›

A local RV mechanic or dealership might offer appraisal services, and multiple opinions is the best way to really understand how much your unit is worth. Keep in mind, these appraisals may cost you a couple hundred dollars. Therefore, this method is probably better if you're looking to sell or trade a high-end RV.

What is the nada value on an RV? ›

NADA, as well as the dealership, will base the price of the RV on age, condition, options, mileage, and whether or not it is motorized. All NADA prices assume that the RV is in good condition and in proper working order.

How do I look up the value of an RV free? ›

NADA, or the National Automobile Dealers' Association, provides values for used RVs. They list prices and values for motorhomes, travel trailers, and even truck campers and park models.

How do I get the blue book value of my RV? ›

Yes, you can find out the value of a used RV through NADA Guides. NADA Guides offers a variety of tools to help you determine the value of your RV, including an online valuation tool that takes into consideration the make, model, and year of your RV, as well as its condition.

What is the markup on campers? ›

Most but not all RV's are marked up about 40 percent. Anything you can negotiate of around 35% is a good deal. Dealers will try to charge a freight charge but that's built into the msrp. You might negotiate a deal to below costs but the dealership deserves a modest profit.

What is the depreciation of a Class B RV? ›

Trailer Type

A quick overview of how RVs depreciate by type; class A RVs have an average depreciation of 36% after 5 years, class B (trailers and fifth wheels) RVs have an average depreciation of 37% after 5 years, while class c RVs have an average depreciation of 38% after 5 years.

How do insurance companies determine RV value? ›

Actual Cash Value (ACV)

Actual Cash Value or the ACV of your RV is the actual market value of your RV. This number should come from a third party source such as the National Automobile Dealer's Association (NADA), or other similar source.

Do RVs lose value quickly? ›

Brand-new RVs start losing value as soon as they're driven off the lot and continue to lose value throughout the first year rapidly. The RV depreciation rate increases at a steady rate after that until your RV hits double digits in age. Once an RV is ten years old or older, its value drops more rapidly.

Is an RV a wise investment? ›

However, almost all personal vehicles depreciate over time, and that doesn't stop millions of Americans from heading to a dealership and purchasing a new car. In fact, a study done by Camper Report found that RVs lose 21% of their value as soon as they're purchased and over 35% after five years.

How much markup is on an RV? ›

Most but not all RV's are marked up about 40 percent. Anything you can negotiate of around 35% is a good deal. Dealers will try to charge a freight charge but that's built into the msrp. You might negotiate a deal to below costs but the dealership deserves a modest profit.

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