Forum Discussion
westernrvparkow
Jan 12, 2018Explorer
Got to factor in that original discount when purchasing new. If the rig listed for $100K, sold new for $75K and was resold Three years later for $50K the depreciation was 33 percent, not 50 Percent. That is actually in line with what autos depreciate.
You also need to consider that as you get into the higher end, the dollar value has less meaning to the buyer. Someone who can write a check and not blinkfor a $500,000 plus rig isn't going to pinch pennies to take a used rig that may not be exactly what they want. The price benefit equation often goes out of whack when you are dealing with wealthy buyers.
And finally, much of those wickedly expensive options are valueless in a few years. I looked at the sticker of my pusher and the 42 inch LCD TV was a %4500 option. Today, I can buy a better, bigger one at Walmart for a couple of hundred.
You also need to consider that as you get into the higher end, the dollar value has less meaning to the buyer. Someone who can write a check and not blinkfor a $500,000 plus rig isn't going to pinch pennies to take a used rig that may not be exactly what they want. The price benefit equation often goes out of whack when you are dealing with wealthy buyers.
And finally, much of those wickedly expensive options are valueless in a few years. I looked at the sticker of my pusher and the 42 inch LCD TV was a %4500 option. Today, I can buy a better, bigger one at Walmart for a couple of hundred.
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