Forum Discussion
Daveinet
Feb 05, 2014Explorer
Its not uncommon for people to buy an RV and then realize they don't like RVing, or their life style took a sudden change.
Lets assume a brand new coach has a useful life of 20 years. If I buy a brand new coach for 100K, and 1 year later it is worth 60K, my cost of ownership is 40K for the first year. If I start out with a 1 year old coach for 60K, I just saved 40K on my initial purchase, because in real value, a 1 year old coach is not worth that much less in usefulness. So in that perspective, I can buy a coach that will last 20 years for 100K or I can buy a coach that will last for 19 years for 60K. Now invest that left over 40K for 19 years and tell me what the return in that investment is. Trust me, 40K invested over 19 years will buy you another used coach that will last more than that final 20th year.
Lets assume a brand new coach has a useful life of 20 years. If I buy a brand new coach for 100K, and 1 year later it is worth 60K, my cost of ownership is 40K for the first year. If I start out with a 1 year old coach for 60K, I just saved 40K on my initial purchase, because in real value, a 1 year old coach is not worth that much less in usefulness. So in that perspective, I can buy a coach that will last 20 years for 100K or I can buy a coach that will last for 19 years for 60K. Now invest that left over 40K for 19 years and tell me what the return in that investment is. Trust me, 40K invested over 19 years will buy you another used coach that will last more than that final 20th year.
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