50% less from what you paid
Just for fun I called a big dealer and ask him to give me what he would give for my 4 year old Winnebago Sightseer . It was 1/2 of what I payed for it. Does it ever stop going down or level off.
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- 10-20% lost when you drove off the lot (he can't sell it as new anymore)
10-20% lost when you sell to a dealer (there has to be room in the deal to make some profit)
20-40% lost due to 4yrs of wear & tear and overall age.
50% off from the dealer is probably doing well.
Eventually the price levels out (maybe 10-15yrs old) when value is a function of it's underlying capability as opposed to marketability. - He gave you a lowball offer - that does not reflect the current price or trade in value of your MH - calling on the phone does not show any desire on your part to do a deal
- Many RV's lose about half their MSRP value in about five years. One exception is Airstream. Their folks will tell you if you keep a new AS for fifteen years in good condition you will likely get your initial purchase price back (since the new ones have increased in cost/value it tends to keep the pre owned value higher). Many other RV's are not worth all that much about the time the loan is paid off. Too bad.
- I was told that three years is the time to trade.
bumpy - The big hit is the first few years then is levels off in the rate of decline, but it still goes down.
- You paid retail price and the dealer, to make a profit, has offered you wholesale value to buy it for stock.
- When you hit about $5000 in value or right about the time a 15 year loan is paid off on time.
