Forum Discussion
rgatijnet1
Oct 19, 2014Explorer III
Mr.Mark wrote:dshinnick wrote:
I am sooo glad there are folks who buy new....so I can buy used!
We bought a 2005 HR Ambassador in 2009. New, it cost around $230k. We got it for $93k. Let's see...$137k depreciation divided by 4 = $34k per year or $2,800 PER MONTH.
And it was in beautiful condition. Still is, after full-timing in it for 4 years. And the $130k or more that I saved is still snuggled in my investment portfolio.
Yup! I am truly thrilled that somebody bought this coach new, so I could buy it used. :0)
I know, depreciation is not our friend. I'm told that our new coach will depreciate $1,000 a day for the first few years then level off. Oh the fun!
They do not put trailer hitches on a hearse, can't take it with you, enjoy life.
MM.
I could not agree more. We have taken several trips to Europe and South America. Our last trip down to Machu Pichhu in Peru was a three week adventure that cost us a little over $7000. It was the adventure of a lifetime and guess what, the whole trip depreciated down to ZERO. Every cent that we spent is gone and we will never get it back. As foolish as we are tho.....we will do it again. Once it dawns on you that the RV is your path to adventure and one of a kind memories, you forget about depreciation and start enjoying the ride. At that point, the RV will become more fun and less some kind of an investment to be worried about.
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