Manheim Specialty Auctions Blog

Looking Back at RV NADA Values

In one of my previous blogs, I mentioned Manheim Specialty's focus on booking out all of the Specialty units (RVs, Boats, Motorcycles, PowerSports) we offered for sale in 2009 with NADA values.  This allows us to track our Specialty locations performance against NADA and understand and market conditions. 

Here are a few key points about our Manheim Specialty NADA performance for RVs in 2009.  For reference, we track our RV performance against the Used Wholesale Trade-In NADA value.

• On average, RVs sold at Manheim Specialty locations in 2009 achieved 90% of NADA
• Drivable RVs achieved 89% of NADA
• Towable RVs achieved 92% of NADA
• Q3 2009 experienced the strongest NADA performance while Q1 2009 had the weakest NADA performance
• Condition does play a factor in NADA performance.  Manheim Specialty uses a 0 to 5 scale to indicate a unit's condition with a 5 representing the units in the best condition and a 0 for units that are salvage.  NADA performance is directly related to condition-units with a condition of 5 have the strongest NADA performance, followed by those units with a condition of 4, and so on.

Are you interested in receiving our monthly market report for RVs?  The market report shows unit information, NADA value and auction sale price for recent Manheim sales.  Email us to request to be included on the RV market report mailing list.

 

Kelly Miller is the Business Manager at Manheim Specialty and Heavy Truck & Equipment.