GLOSSARY OF TERMS

CBB RETAIL CLEAN

CURRENT CANADIAN BOOK VALUE ASSUMING THAT THE UNIT IS CLEAN.  THIS VALUE SERVES ONLY AS A BASELINE AS THE MARKET FLUCTUATES AND IS NOT STATIC.  IN ADDITION, UPGRADES, SERVICE RECORDS AND MILEAGE AREN'T FACTORED INTO THIS.

EST. DEALER ASKING

THIS IS THE ESTIMATED ASKING PRICE IF THE UNIT WERE FOR SALE AT A DEALERSHIP.  IT IS BASED ON CURRENT ACTIVE LISTINGS AS WELL AS FRED'S YEARS OF EXPERIENCE WORKING WITH DEALERSHIPS IN THE WHOLESALE INDUSTRY.
 

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CURRENT VALUE

THIS RATING METRIC PROVIDES AN OPINION OF CURRENT VALUE BASED ON THE ASKING PRICE WHEN COMPARED TO MARKET.

LONG TERM VALUE

THIS RATING PROVIDES AN OPINION OF LONG TERM VALUE BASED ON THE ASKING PRICE.  CONTRIBUTORS ARE MILEAGE, BOOK VALUE, MARKET TRENDS AND BRAND VALUE. 

MILEAGE

THIS RATING METRIC PROVIDES AN OPINION AS TO WHETHER CURRENT MILEAGE IS DETRACTS OR BENEFITS THE SALE VALUE.  IT IS IMPORTANT TO NOTE THAT HIGHER MILEAGE UNITS MAY BE BETTER TAKEN CARE OF THAN SOME LOWER MILEAGE.  THIS IS WHY IT IS ALWAYS IMPORTANT TO GET AN OPINION FROM A MECHANIC OR ASK FOR SERVICE RECORDS.

APPEARANCE

THIS RATING METRIC PROVIDES AN OPINION AS TO THE VISUAL CONDITION BASED ON THE PICTURES PROVIDED.  IT IS IMPORTANT TO ALWAYS VIEW THE UNIT AND ENSURE THAT A SELLER IS SHARING ALL IMPORTANT COSMETIC NOTES.

EXTRAS & ADDONS

THIS RATING METRIC PROVIDES AN OPINION ON THE VALUE OF THE ADD-ONS, UPGRADES AND FEATURES OF THE RIDE.  CONTRIBUTORS MAY BE TRIM LEVEL, MECHANICAL UPGRADES LISTED, COSMETIC UPGRADES LISTED OR ADDITION ITEMS INCLUDED.

FEATURES & EXTRAS

THIS RV SPECIFIC RATING METRIC PROVIDES AN OPINION ON THE VALUE OF THE ADD-ONS, UPGRADES AND FEATURES OF THE UNIT.

"JUST LIKE HOME"

THIS RV SPECIFIC RATING METRIC PROVIDES AN OPINION ON THE "HOME-LIKE" FEELING OF THE TRAILER OR RV BASED ON THE LOOKS, LAYOUT AND FEATURES.

THE FRED FACTOR

THIS RATING METRIC PROVIDES A FINAL OPINION FROM FRED OBJECTIVELY.

NOTE THAT THIS IS PURELY FRED GIVING A SCORE ON WHETHER THIS IS A MUST-HAVE OR A MAY-CONSIDED.  A LOW SCORE DOES NOT NECESSARILY MEAN THAT IT IS A BAD DEAL, IT COULD SIMPLY BE BASED ON CURB-APPEAL IN THE OPINION OF FRED.