Purchasing our first Class A and depreciation

Looking at depreciation another way.....any other method of traveling, either by boat, airplane, rental car, train, etc, is 100% money in the toilet. You do not get any of your money back for any hotel bills or restaurant meals. If you want to travel, RVing is the ONLY way that you can recoup some of your expenses.

Cecilt wrote:

deandec wrote:
I would hope that few new rig buyers do not pay MSRP.

Discounts seem to range from 20% to 30% on a new, no-trade in, transaction.

If you are using NADA for your observations, be aware that there is little or no market transaction data used in creating the NADA values for RV's unlike the data they assemble for automobiles.

Which is why it is hard to take the advice from so many to buy used. If you are able to get 30% off MSRP based on the OP's question and in 2014 be at 50% value on a 2009 or 2007 where is the big savings of buying used. My thinking is if I lost 20% over 5 or 7 years that is not too bad. Why would I buy a 5 or 7 year old Coach with no warranty and all the un certanties to save 20%. Considering how hard it is to determine a prie of a used Class A where is the strong economic argument that buying used is so much better. The only thing I can think of is a buyer who pays full MSRP.

number crunching is just that, many people will be happy with good used units as many with new, thats how the world turns. New ones have there problems (shouldn't) as well as used. Do people pay list price on anything like this? You are going to be surprised if you think you are only going to lose 20% after 5-7 years of what you "paid"

Another wrench to throw in the mix is the condition of the used coach. The smell on the inside and heavy use cannot be determined by miles. A low mileage cream-puff could have been heavily used inside. The value can be hard to figure out.

In our example, our '08 Dynasty that we bought new in April of '07 brought us 49% of what we paid after 7.5 yrs. with just shy of 70,000 miles (that's not counting the commission to consign)....worth every penny to me to pay it.

With the commission figured in, we got back 45% hard money.

MM.

deandec wrote:
I would hope that few new rig buyers do not pay MSRP.

Discounts seem to range from 20% to 30% on a new, no-trade in, transaction.

If you are using NADA for your observations, be aware that there is little or no market transaction data used in creating the NADA values for RV's unlike the data they assemble for automobiles.

Which is why it is hard to take the advice from so many to buy used. If you are able to get 30% off MSRP based on the OP's question and in 2014 be at 50% value on a 2009 or 2007 where is the big savings of buying used. My thinking is if I lost 20% over 5 or 7 years that is not too bad. Why would I buy a 5 or 7 year old Coach with no warranty and all the un certanties to save 20%. Considering how hard it is to determine a prie of a used Class A where is the strong economic argument that buying used is so much better. The only thing I can think of is a buyer who pays full MSRP.

I would hope that few new rig buyers pay MSRP.

Discounts seem to range from 20% to 30% on a new, no-trade in, transaction.

If you are using NADA for your observations, be aware that there is little or no market transaction data used in creating the NADA values for RV's unlike the data they assemble for automobiles.

Don't get hung up on original MSRP and current price. Decide on a budget and get the best model and floor plan that will fit your budget.

Preferance.... Tiffins were very popular during that time period. Newmars weren't as popular.