Looking at purchasing an RV
Little about myself. Married with 2 young adult children in college and 2 large dogs (75 and 90lbs). Live in southern Idaho but have family in Michigan, Georgia, Alabama and Florida. I am 46 y/o an...
Forum Discussion
Okichewy1 wrote:
Yeah, when I bought my brand new 2012 Jayco TT, we paid 13,500 out the door at a dealer, 2 years later sold it for 12,000 to a couple. Thought it was a good investment for the 2 years.
You made out well ... but that is clearly an exception and you won't find many with similar results. Likely as not your rig will lose 20+ percent when you drive it off the lot and continue to decline at significant rate for another 5+ years. As implied in my other comment - many would argue you should never finance a rig ... and more would agree that financing a rig when your retired is even worse. Who wants to die unexpectedly and leave their spouse with rig that is underwater? I don't want to sound preachy .. but financing a rig in retirement is a lousy idea. Your RV will depreciate your Big Island house will appreciate.
