Depreciation of new RVs
Some time ago there were several posts regarding the seemingly excessive depreciation of RVs. I can't find anything now, so does anyone have a good guide of what to expect?
Forum Discussion
seaeagle2 wrote:
Issue with boats and RVs is with such long term financing, people get under water and you can buy a new one for less than what people sell 2 or 3 year old units for, because they owe more than what its worth.
^This.
And this question is as open ended as the compgroind prices thread.
If you're buying a new RV and even assuming you cut the best deal in the world, in general, depreciation is huge. Plan on paying off whatever it costs you and getting very little monetary ROI.
Yes some brands, types, conditions are better than that, but if the financial roi is a real consideration, buy used or stay home.
And asking US is not the best way to figure it out. Look at used RVs for sale by owner. Look at similar types and ages and compare to whatever you're thinking about buying. There will be your answer.
