Depreciation, why so much with RV's
I've seen all kind of numbers on this web site when someone is buying or selling a RV on depreciation. They all add up to the fact depreciation on a RV, especially a motor home is huge. Simple enoug...
Forum Discussion
wa8yxm wrote:
There is an old saying that a CAR loses 1/3 of it's value when the salesman hands you the keys.
So your 200,000 dollar Mansion on wheels is only worth 133,333 when you first put it in DRIVE . And you still have your foot on the brake.
And in both cases you lose a certain percent the minute you sign the contract (6.25% in Texas) for sales tax (except if you live in a few no-tax states). You will never recover the sales tax from another buyer.
