What the heck? I thought motorhomes lost value fast!!

The law of supply and demand applies here

You can ask anything you like! Check PPL Motorhomes and see if they have sold a similar coach and at what price. They keep lots of previous sales info.

You are correct. Prices are not in line with value. Look at a teardrop. 5x8 with no shower or toilet, outside kitchen with ice chest. Had been selling new 8-11 grand. They are now over 20. Used they demand 17500. Someone is going to be stuck with a bag. Seriously upside-down. Same thing is happening to the housing market.

So offer $40,000 cash and see what happens. People overpay at the start and get these 20 year loans and expect you to pay it off. Not going to happen.

MHs do lose value. People get greedy.

People are asking for the loan payoff. Asking price is not the same as selling price. Anyone can ask whatever they want, whether or not they get it is a different story.

Check NADA pricing. That's much more realistic. Allowances can be made up or down for condition, upgrades, new tires, etc.

Over fifteen years mine lost... less than I anticipated. They paid off the loan and still had enough left over to seriously upgrade my car (It got totaled by an idiot semi driver) ..... I'm rather happy with the outcome.. Was time to park it anyway for reasons that had nothing to do with it and I was starting to get concerned about the RV itself.. but today I have a nice apartment for about my monthly RV payment. I'm close to my Doctors (The other reasons) which is a super thing and my biggest issue is the )@(#$I#@ bean counters at the health insurance want me to take another unneeded test before they authorize a procedure I most clearly need per the DOCTORS who know what they are talking about.

They don’t lose value for the Taxman either. Here we pay an annual PP tax and so far my 2015 has lost only about 5% per year. Yeah!

A 50+ year old farm tractor like mine sold recently near here for a little over THREE times what my grandfather paid for mine when it was new.

Depreciation is a non-existent thing today.

Increased demand has caused used values to rise. NADA values my 5er about $2K more now than a year ago. But, as mentioned, asking price is not necessarily the price they will receive.