What age used RV to buy for newbie?
I posted another thread about a 1992 Minnie Winnie and got great responses, thanks! So, now the question comes up of what to buy. I have been considering buying an RV for several years now. I have onl...
Forum Discussion
I like the point where the depreciation has knocked the price down to about two-thirds of what it cost new, but I would buy newer if it was the right RV. The one I have now I bought at 18 months out of the factory, only 5000 miles. But it did cost more than several brand new C's of similar size with fewer features.
Since cost is linked to age, the "right" age is the age at which the cost is what you are able or willing to pay.
In 2004 I calculated some depreciation curves for several classes of RV from sale prices over 20 years of age, and the curves did not fit constant depreciation. The first 2-3 years can be pretty steep, and depreciation gets much flatter after 10 years. 20 years and beyond looked like condition mattered a whole lot more than how much more age. Today's market could be quite different.
Since cost is linked to age, the "right" age is the age at which the cost is what you are able or willing to pay.
In 2004 I calculated some depreciation curves for several classes of RV from sale prices over 20 years of age, and the curves did not fit constant depreciation. The first 2-3 years can be pretty steep, and depreciation gets much flatter after 10 years. 20 years and beyond looked like condition mattered a whole lot more than how much more age. Today's market could be quite different.
