Depreciation
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...
Forum Discussion
Lumpty wrote:
It really is very simple math if some realism is applied, and ownership planned on long-term and not trading every few years for shiny-new-thing-i-tis.
I bought my small Class C new for $55k in cash back in 2011; it had a sticker of $78k. I expect to keep it for 12 years and somewhere between 90k and 100k miles. I'm halfway there now at 6+ years and 47k. Since I maintain it well, everything should work at that point, and I expect to be able to sell it for about $15k then. Basic math: $40k/12 = $3300 annual depreciation costs.
We think along the same lines. It is so very important to stay on top of maintenance and repair broken items. Like I have posted before, there isn't a trip that once I get home there isn't something that needs tightening, gluing or inspecting. I keep on top of it, keep a list going of supplies needed and repairs needed.
