NADA Wanderlodge Listings

[Itchintogo]

I think this is very good news. NADA is willing to work with the dealers and brokers alike. If these people who make a living from the sale of these units co-operate then it is a win win for everyone. I can not see why they would not. The information legacy lives on.

The values of the later models with co-operation will be corrected as well as the older models with co-operation will receive support and perhaps an increase. All will slowly correct itself. Especially important for the 80's and 90's crowd who are currently under valued.

I do not use financing for personal recreational items or vehicles myself but the person who bought my bus did. NADA actually was what the bank looked at and then asked what equipment options my unit had. The loan approval was based on the facilitation of that information. So don't rule out NADA on older units. It depends on how the lender interprets it, what their guidelines are and how the transaction is handled. More on this further down.

I sold my bus at a price I was very pleased with. It sold through CL and not through any of the forums or brokers. No one forum is necessary for you to keep your Bird on the road.

I do appreciate WAGU and David for the free listing I had on Wanderlodge Trader. It was more than anyone else in the community offered me, and I believe it remains open to all of us. No charge so take advantage. Thank you David for your work on this. Quite selfless.

Lenders. As for NADA and the value it provides I have read many sort of rah rah sis boom bah type of posts where people say an Appraisal is worth more than NADA. I think it is more of a combination of several factors. The trouble is most of the posters saying this are not bankers nor do they work in finance. NADA played a role in the sale of my 32 year old coach.

Having spent a good number of years in finance I can tell you there are lenders who will use appraisals and other forms of valuation along with client viability.

Many lenders only accept appraisals from certain people and or companies. Like tires and toilet paper, everyone has their favourite. Very common.

For the most part a Lender wants an Appraiser who is arms length and very "third party" so as to not sway the valuation of the goods or real estate for sale. They generally prefer a company that has the knowledge of the product but very little personal intimacy. You would too if you were lending your money.

Given the hundreds of forum posts out there does anyone think that really exists? Just a little investigating and my eyes are open wide. Keeping Nada is important as one piece of "non influenced" piece legacy data as well as the other details it provides.

I encourage you all to contact NADA and ask for them to retain the WB Brand.