Depreciation Guidelines?
I've got a couple of questions about depreciation for a Class A Diesel RV. I frequently read that a new RV looses 30% of it's value the moment you drive it off the lot. I've also heard that you should expect to pay about 30% below MSRP on a new RV.
Now, I'm actually shopping used, which leads to some questions:
1) If a new RV is purchased at 30% off MSRP, and then loses 30% of value, does that mean that the resale value after a year is approximately 60% less than MSRP? (For example, MSRP $200,000 - 30% -> sale price of $140,000. Drive off the lot less 30% -> $98,000 resale value?)
2) Is there a simple rule-of-thumb based on MSRP of how much the resale value of a well maintained, quality diesel Class A should be depreciated over the first ten years? Meaning, just to get into the ballpark for negotiations?
Now, I'm actually shopping used, which leads to some questions:
1) If a new RV is purchased at 30% off MSRP, and then loses 30% of value, does that mean that the resale value after a year is approximately 60% less than MSRP? (For example, MSRP $200,000 - 30% -> sale price of $140,000. Drive off the lot less 30% -> $98,000 resale value?)
2) Is there a simple rule-of-thumb based on MSRP of how much the resale value of a well maintained, quality diesel Class A should be depreciated over the first ten years? Meaning, just to get into the ballpark for negotiations?
