Motorhome Depreciation

Foodsman wrote:
My thanks to all of you for your information...

Ivylog I’d say you’ve summed things up pretty well. I came into my motorhome plans thinking I new what I wanted. The more I learned the more confused I became as I settle into what I want to do.

Right or wrong I want to buy “ONE” motorhome and I want it to be the right one! I don’t buy toys, nor do I think of a motorhome of $250,000.00 + dollars as a toy! I do however have some rudimentary understand of money and deprecation and if I’m buying a motorhome deprecation is a fact of life you deal with.

My natural reaction is to buy new but I've learned from you good folks that used may well be a better direction. Not only for purchase price and depreciation but having someone else go through the pains of working the kinks out!

So its a evolutionary thing with me and the ability to confuse myself as best I can. Its like you start each day will a little mole hill and build it into a mountain before days end.

Anyway, sorry for any confusion, I appreciate all your help and think the best thing I can do is getting out to some dealers and see things first hand! In the interim I will guard against any wayward posts... :)

Thanks one and all

There can be a lot of factors on the new versus used deal. I would think the most economical way to buy a motorhome is be a cash buyer and find the best two to three year old motorhome you can find and pay 50% or less of the original MSRP for it. But for the vast majority of us who are not cash buyers, we may actually be better off with a new unit versus a couple of year old unit. New units come with better warranties and usually the finance terms are a lot better. For example you may get a 4% loan on a new unit while used unit financing may be in the 6% or more range.

I bought new simply because that's the way I am. I take care of my stuff so I like to be the one who owned it directly out of the factory so I know it's been taken care of. I'm willing to pay the price for that.