Let say I want to buy a 55K Class C, NEW and I finance it
In perfect world - no money down, at 5% apr. for 15 years
Pros/Cons as I see them...
PROS
-zero miles on the odo
-new warranty (usually a year on the couch, 3 years on chassis)
-everything is new and has never been used or abused
-resale value???
CONS
-Depreciation hit the first year and the following years, at 5 years
-Interest on the loan
-Sales Tax (Virginia)
What am I missing?
I am trying to look for BENEFITS of buying new.
Are there any?
I am not trying to start heated discussion, just trying to figure it all out for the first time.
Thank you.
Since you are asking about the financial advantages or disadvantages of buying new, here is my take on that issue. Go new if you plan to keep it a long time, you know exactly what you want, and you have the money. If you don't know exactly what you want then there is merit in the previous comment about perhaps getting a higher value RV used for the same money. Sometimes you can get a good deal on used if it was little used or well taken care of. And sometimes going new you know everything that has happened to it over the RV's life. For some that is a comfort.
