Forum Discussion
DownTheAvenue
May 10, 2018Explorer
Danpaine wrote:
When my wife and I bought our then-new Class C at an RV Show in 2016, lots of people we spoke to talked about the 'six-year rule,' in that when you buy new, after six years it's customary to trade your unit in for a new one, roll over the payment, then go another six years, trade, and so on.
WOW! Just WOW! That is a sure way to watch your money quickly evaporate. A 6 year old Class C RV is worth about 30% of its price new. So, 6 years ago, you buy for $80,000. Now you get $24,000. Say good bye to $56,000!!! do that just 2 times and you have lost $112,000! Add the interest you are paying and you are over $200,000, maybe even closer to a quarter of a million dollars.
This is the way to stay broke and enslaved to the banks!
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