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
DSDP Don wrote:
.... Again, someone taking something soooo literally, that they have no room to apply common sense!!!!
X2
For some it sooo very important to be right even in an environment so nebulous as the internet.
There is an old saying that "if you make hammers for a living, pretty soon every problem looks like a nail." So if you're an accountant (or someone very analytical) depreciation has a whole different importance with very little room to apply that common sense you're talking about.
Very possible that the OP just wants to know roughly how much money he will lose on the sale in five years if he buys a RV. Maybe they are willing to throw away 10K but not 100K. So skip the 200K coach and better buy a 20K one.
