4x4ord
Jun 15, 2013Explorer III
new or used
I am thinking of purchasing a new 5th wheel and spending a couple months per year touring around. I still haven't nailed down exactly when, but likely in the next couple of years. I wrestle with buyin...
Cummins12V98 wrote:4x4ord wrote:
I figure they depreciate about 12% per year and if I am using it regularly I will want to keep it within about 8 years old. So if I were to start with a $90,000 unit it might be worth about $32,000 in 8 years. So roughly $7200 depreciation per year. If I were to buy a 4 year old unit twice for $54,000 each time and keep each one for 4 years, it might cost me about $44,000 for depreciation over the same 8 year period or $5500 per year. I guess in the whole scheme of things its not a big deal one way or the other.
You get much more for your money with a lightly used high end unit than a mid grade mew unit for the same price.
Bottom line I wish you good luck with what ever you decide.