Purchase Price advice on 2 yr old New TT
I've run into a 'deal' I'm seriously considering. A lot has a 2012 New (as I assume unused) TT. MSRP is ~$23.5K, asking was >$18K and he is willing to take ~$13K with my pup trade in (about $1,500)....
Forum Discussion
If you’re going to use the MSRP you have to remember no one actually pays that price…
So if you are going to go by that, the MSRP less 30% when pulled off the lot, - another 10% by the first years end… deduct another 6% for the second year for easy math…
the math would be the same, MSRP – 30% - the first years 10% – another 6% for the second year… or approximately $12,700 give or take $500… once you pull it off the lot it’s still a used 2 year old trailer…
But no one buys at MSRP… so the depreciation curve I use from new that seems to work on almost all types of RV’s from their selling price, works something like this through and to salvage value…
1 - 18%
2 - 10%
3 - 7%
4 - 6%
5 - 6%
6 - 5%
7 - 5%
8 - 4%
9 - 4%
10 - 3%
11 - 3%
12 - 2%
13 - 2%
So if you are going to go by that, the MSRP less 30% when pulled off the lot, - another 10% by the first years end… deduct another 6% for the second year for easy math…
the math would be the same, MSRP – 30% - the first years 10% – another 6% for the second year… or approximately $12,700 give or take $500… once you pull it off the lot it’s still a used 2 year old trailer…
But no one buys at MSRP… so the depreciation curve I use from new that seems to work on almost all types of RV’s from their selling price, works something like this through and to salvage value…
1 - 18%
2 - 10%
3 - 7%
4 - 6%
5 - 6%
6 - 5%
7 - 5%
8 - 4%
9 - 4%
10 - 3%
11 - 3%
12 - 2%
13 - 2%
