Motorhome Depreciation
I have seen it said that you can pretty much plan on taking 35% off of the MSRP when purchasing a new Class A motorhome Gas or DP. I have also seen a good number of dealer prices to support that, esp...
Forum Discussion
rgatijnet1 wrote:
Harry,
I tend to look at the value of an RV at zero and my cost to buy it is an expense, sort of like going on a cruise or buying airline tickets. The money spent is for enjoyment and no return is expected. If the coach has any value when I sell it, or trade it in, that is just icing on the cake.
I look at it the same way. An RV is a toy, much like a set of golf clubs, or a baseball bat, not an investment. On my personal financial statement, I would expense an RV and not capitalize it. What I recover, if anything, upon sale is found money. Not unlike a lottery ticket.
People tend to get into trouble when they buy a toy, put a minimum amount down then finance the balance for the longest possible time.
