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Monty-Rob's avatar
Monty-Rob
Explorer
Mar 17, 2017

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

15 Replies

  • A 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.
  • Effy's avatar
    Effy
    Explorer II
    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.
  • So the depreciation comes off the sale price....correct? and not MSRP?
  • I'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.