Depreciation on trailers
If I bought a good branded, nice layout trailer for $18K out the door and kept up the maintenance so it was always in good condition, what value would it hold in 3 years? 5 years? Thanks.
Forum Discussion
the depreciation curve I use from new that seems to work fairly well on almost all types of RV’s from their SELLING price, works something like this through and to salvage value at the end of the 13th year…
And ASSUMES a MSRP minus 20% discount and a minimum or no down payment…
And ASSUMES maintained throughout with no major repairs needed inside or out…
End of year – approximate depreciation…
$18000
1 - 18% 3240 = 14760
2 - 10% 1476 = 13284
3 - 7% 930 = 12354
4 - 6% 741 = 11613
5 - 6% 697 = 10916
6 - 5%
7 - 5%
8 - 4%
9 - 4%
10 - 3%
11 - 3%
12 - 2%
13 - 2%
Salvage Value +/- condition…
.
And ASSUMES a MSRP minus 20% discount and a minimum or no down payment…
And ASSUMES maintained throughout with no major repairs needed inside or out…
End of year – approximate depreciation…
$18000
1 - 18% 3240 = 14760
2 - 10% 1476 = 13284
3 - 7% 930 = 12354
4 - 6% 741 = 11613
5 - 6% 697 = 10916
6 - 5%
7 - 5%
8 - 4%
9 - 4%
10 - 3%
11 - 3%
12 - 2%
13 - 2%
Salvage Value +/- condition…
.
