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...
Forum Discussion
Effy wrote:20% of the original MSRP would be around $45,000. With no other information, that doesn't sound ridiculous from the buyer's point of view providing it is in good shape with regular maintenance and average wear, tear and mileage.Blackdiamond wrote:bluwtr49 wrote:
My rule of thumb is that you would pay about 20 to 30% of the original MSRP for a 10 yo coach that is in excellent condition.
That is buying it at a reputable dealer that has completely gone thought the coach and assures that everything is functioning correctly at time of delivery. Private sales would be less but the buyer is left to correct all the deficiencies so the end costs are about the same.
You can get 20-30% off the lot brand new.
I think your rule of thumb is way off. I bought a 1 year old used coach that had an MSRP of $228K for $135K from a dealer, there is no way I would have bought it 10 years old for the same price, or anywhere near.
