Do Tires on a Class A Rot with age?
I have browsed through ads for used Class A motorhomes and noticed (just my observation) that motorhomes that are 7 or 8 years old, even the high end ones with hardly any miles on them, seem to be adv...
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Ron - I think my observations kind of are in agreement with what you are saying.
Motorhomes seem to depreciate different than automobiles.
According to Edmunds.com, a new Cadillac depreciates 25% in the first year. Then 8% and then 7% per year for each of the next 4 years, or 53% after 5 years.
A motorhome seems to depreciate more in a straight line of roughly 7% or 8% per year.
So a 10 year-old motorhome eventually depreciates by 70%. Thus a $400,000 to $500,000 unit goes for $120,000 to $150,000 in year 10.
But, unlike the Cadillac, I do not see any 2-year-old Motorhomes selling for 33% less than a new unit.
My take away on all this is, that if we decide to switch to a motorhome, instead of getting a new fiver next year, then I should look for a low mileage older unit, and just assume $5 grand for new tires. As you said, it is a drop in a bucket.
Motorhomes seem to depreciate different than automobiles.
According to Edmunds.com, a new Cadillac depreciates 25% in the first year. Then 8% and then 7% per year for each of the next 4 years, or 53% after 5 years.
A motorhome seems to depreciate more in a straight line of roughly 7% or 8% per year.
So a 10 year-old motorhome eventually depreciates by 70%. Thus a $400,000 to $500,000 unit goes for $120,000 to $150,000 in year 10.
But, unlike the Cadillac, I do not see any 2-year-old Motorhomes selling for 33% less than a new unit.
My take away on all this is, that if we decide to switch to a motorhome, instead of getting a new fiver next year, then I should look for a low mileage older unit, and just assume $5 grand for new tires. As you said, it is a drop in a bucket.
