Forum Discussion
Ivylog
Jan 02, 2016Explorer III
I recently posted this: A large DP is the nicest and most expensive way to see the USA, OK and Canada. I agree with the above posts to keep what you have, save a lot of money and then buy a slightly used DP when you retire. My criteria was until I could use a RV 100+ days/year I should keep the price below $60K... $75K in today's dollars. Even paying cash, this is not a cheap sport... For 11 years my depreciation has been $14K/year, insurance $1200/year, 1000 gallons fuel/year ($2-3000)... at 100 days/year that's $160/day for it to just move down the road... even at 180 days/year that's $90/day and well worth it. :B
* Not sure I really wanted to know this.:h If I divide it by 2 pewople that's only $45/day/person. Somewhat better.:B
This was starting with a six month old unit that I paid $240K that's now worth $80K. In another 11 years it will be worth $30-40K so that's in the $4K/year depreciation. For $100K you can buy a ten year old higher end DP with 50K miles that will last you a long time and not have a $10K+ depreciation/year.
* Not sure I really wanted to know this.:h If I divide it by 2 pewople that's only $45/day/person. Somewhat better.:B
This was starting with a six month old unit that I paid $240K that's now worth $80K. In another 11 years it will be worth $30-40K so that's in the $4K/year depreciation. For $100K you can buy a ten year old higher end DP with 50K miles that will last you a long time and not have a $10K+ depreciation/year.
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