I’ve been doing a lot of research on Class C’s and been thinking about how much a unit depreciations over time. Example, If you purchased and brand new Class C in 2016 for $80K: What would it be wort...
The problem with many used units is the owners are upside down the moment they drive the new rig off the lot. Add that they got a 15 year loan making it even worse. A owner that paid cash might be more realistic in what their rig is worth as the deprecation is huge...20% a year if they bought based on what their payments would be.