Forum Discussion
Mr_Mark1
Sep 09, 2014Explorer
mike brez wrote:willald wrote:EricGT wrote:
..And FWIW DSDP, I find spending $400K on a motorhome to be just as ridiculous. I'd rather invest that money into a nice property (4000 ft2 vs 400ft2) that will not drop in value like a motorhome.
Well said, EricGT. I, like Effy, you, and I'm sure many others, do not have a money tree growing in the back yard, and cannot blow my nose on $1000 dollar bills.
The idea of sinking six figures into a depreciating asset that is basically a 'toy'.....Welllll, it will not happen for me in this lifetime, period. Maybe I'm cheap or old fashioned, but IMO thats just not wise use of $$. I'll give up camping/RVing before I put that much $$ into something that just loses value. If I have that much $$ to work with, I'm putting it into a property or something that will not drop in value every day
I know of some that have lost six figures in property or something(stocks). One of the big reasons for me why I personally would never ever buy new.
Since we have veered off topic a little, depreciation is not always the major factor for every person. You have to live! If people didn't buy new there would be no used units available. There's a bottom for every seat as the say in the car business.
MM.
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