What sources establish an RV's fair market value?
RV-specific guides, chiefly J.D. Power (the former NADA RV guide), adjusted for year, model, mileage, condition, and options, then cross-checked against comparable market listings. Kelley Blue Book does not publish RV values, a common misconception, so a KBB figure cannot anchor an RV appraisal.
Do government agencies use retail prices for RV values?
Frequently not. Several state programs are built on wholesale or trade-in benchmarks: some assess campers and travel trailers at used wholesale trade-in value, and one state reduces average retail by fixed percentages for condition classes. Where a statutory formula applies, it can control even over an actual sale price.
Is the price I sold or could sell my RV for automatically its FMV?
No. Tax authorities warn explicitly that sales between individuals do not necessarily reflect fair market value and instead pull values from industry-standard sources. A private sale price well above or below guide-supported value draws scrutiny rather than automatic acceptance, so we reconcile sale evidence against the guides.
What if the pricing guides don't list my RV?
The value is imputed, not skipped. Assessors may value unlisted models at a percentage of original cost or MSRP, and very new units without resale history are valued through adjustments to average retail. Assuming that no guide entry means no reportable value is a costly mistake.