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
Optimistic Paranoid wrote:beemerphile1 wrote:
I buy what I want and assume it will be worthless when I get rid of it.
I think the key point here is that you can't sell your house and put it all into an expensive new RV when you retire and expect to get your money back out of it when you can no longer continue on the road. You need an exit strategy that allows for that fact.
Correct and the point of my statement. Anyone would be a fool to think they will get the money back out of an RV.
Plan on getting nothing and whatever you do get will be a surprising bonus.
