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15 Replies
- Monty-RobExplorerThanks folks.....worse than I thought....
- the_bear_IIExplorerA good reality check is to do some research online at RV sales sites like RV Trader, PPL Motorhomes, Ebay, Craigslist and others. Take a look at motorhome prices for nearly new to 10 year old units. It's amazing to see how much the value drops year over year.
- EffyExplorer IICorrect. 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. - Monty-RobExplorerSo the depreciation comes off the sale price....correct? and not MSRP?
- crassterExplorer III'd prefer not to give a heart attack... Please brace yourself.
$150-210 depends on if traded in or private sale, also the shape you kept it in, dings scratches, and where you parked it.
Even if I'm a bit low, the moment that thing drives off the lot you are going to take a massive hit. But new comes with perks too... So there's that.
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