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Mobile home market value, price guide

There is no official price guide for used mobile homes the way there is for used cars and caravans. However, the following are a few indications which will help you to buy or sell at the right price.

What data is this guide based on?

Based on the transaction practices of professionals, this price guide takes into account the percentages of devaluation applied to the prices of new units according to the age of the mobile home.

In general, a mobile home loses 30% of its value in its first year, 15% more the second year, 10% the third year, and 7% each year after that.

     

  Year  

  Starting value  

   Annual loss in value (in %)  

   Residual value (in %)   

1

100

30

70

2

70

15

60

3

60

10

54

4

54

7

50

5

50

7

46

6

46

7

43

7

43

7

40

8

40

7

37

9

37

7

35

10

35

7

32

                          Source : DICA (France) - Price guide for mobile residences

            Exemple : A mobile home, 7 years old, that was bought new for €27,000,       
will have a resale value of 27,000 x 40% = €10,800

 


N.B.:

Other elements also come into play when calculating the resale price.

The general condition of the mobile home and the value of the site on which it is located (in the case of resale on a plot in a campsite), are other important factors influencing the price.

And remember that as with any transaction involving used equipment, market prices can fluctuate up and down, depending on the supply and demand. The time of purchasing or selling may thus have a considerable impact on the price.




                                



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