Depreciation, why so much with RV's
I've seen all kind of numbers on this web site when someone is buying or selling a RV on depreciation. They all add up to the fact depreciation on a RV, especially a motor home is huge. Simple enoug...
Forum Discussion
westernrvparkowner wrote:
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.
Spot on. The big depreciation numbers are not real. Unless you believe in MSRP that is. We just traded motorhomes and the old one depreciated less percentage than most cars of the same age and mileage.
Of course if you wish to drink the MSRP coolade, the old one was worth more at trade in than we paid for it. On (dealer) paper LOL.
