2017 Tiffin Allegro Bus 45 OPP depreciation
Saw a beautiful 2017 Tiffin Allegro Bus 45 OPP the other day. MSRP $451,000 with sale price of $356,000. My question is value if I sell 4 years from now? Your best guess ....thanks
Forum Discussion
Correct. Consider MSRP as a made up number to make the actual sale price look more attractive.
Estimate 25-35% off MSRP as the selling price. Then a 20% hit off of that when you drive it off the lot and about 50% depreciation in 5 years.
my figures are loose but you get the idea.
In your post they have selling price at about 20% off msrp. You can probably do better but for the sake of argument you buy at 80% MSRP at $356k.
When you drive off the lot the value will be about $285 before the ink is dry. Literally turning around and asking the dealership to buy it back moments later, this is close to what you could get.
in about 5 years you are looking at a value of $180-220k depending on demand, market, and it's condition.
Estimate 25-35% off MSRP as the selling price. Then a 20% hit off of that when you drive it off the lot and about 50% depreciation in 5 years.
my figures are loose but you get the idea.
In your post they have selling price at about 20% off msrp. You can probably do better but for the sake of argument you buy at 80% MSRP at $356k.
When you drive off the lot the value will be about $285 before the ink is dry. Literally turning around and asking the dealership to buy it back moments later, this is close to what you could get.
in about 5 years you are looking at a value of $180-220k depending on demand, market, and it's condition.
