rseymour21
Feb 15, 2018Explorer
Depreciation
I’ve been doing a lot of research on Class C’s and been thinking about how much a unit depreciations over time. Example, If you purchased and brand new Class C in 2016 for $80K: What would it be wort...
klutchdust wrote:toedtoes wrote:
RVs will sell for what people are willing to pay for them. Unlike a car, no one looks at buying an RV as a necessity. So they aren't going to shrug and say "well I got to have it, so I'll have to pay the going rate".
For me, if the concern about depreciation is that big of a concern, then you shouldn't buy.
Better is to weight the cost against the joy of using it. If it costs you $50k and you use it 2 weeks per year is it worth it? How many years would you need to own and use it to make that $50k worth it?
One year of ownership - you could have saved a lot of money on that 2 week trip and headache of having to sell it afterwards.
Ten years of ownership - that's much more realistic.
My motorhome must be stored at my home or I wouldn't own it. Monthly storage was not an option. I use mine for family travel and my racing adventures. IF I was going to use it a few times a year i wouldn't own it, i would rent a real nice piece, spend a thou a week if that what it costs and be done with it. No insurance etc. And yeah, you fix it it when it starts to rattle loose.
Each trip I take there is something to tighten, glue, clean or inspect, these are by no means maintenance free. I have watched extremely expensive Class A's wither away from neglect.
But it's my bed, my food, my home away from home, I love this.