BB_TX wrote:
I went to nada.com and arbitrarily picked a 2006 38' Bounder. Has a "suggested list price" new of $178k and a current "average retail" price of $70k. Obviously the "suggested list price" is considerably higher than the actual new sale price, but the 10 yr old current value is probably around half the original new sale price.
I highly doubt you could actually get $70,000 for a 10 year old bounder, even if it was never used. Depreciation on a Motorhome is probably very similar to depreciation of an auto. 10 years old, you can maybe get 20 to 25 percent of the original purchase price on the sale of a normal auto (10 year old GMC Arcadia was around $36,000 new, no way it sells for more than $9,0000 if it has 100K miles, which is low usage of 10,000 miles per year). My guess is that Bounder probably sold new for around $130K and $25K to $30K would come pretty close to buying to today in a realistic sale . (normal miles no owner financing, not traded in retail to retail. Hasn't been completely gutted and redone with new electronics, flooring, fabrics etc.)
