Purchase of Cruise America Rental Class C
This topic may have been addressed a few times. However, I don't really know how to find the subject in the forum. Anyway, I'm considering buying one of Cruise America's Class C motor homes out of ...
Forum Discussion
I've been doing some mathematical figuring and this is what I have come up with,
In most cases the more expensive and newer your motor home is the more you will lose in value proportionally if and when you go to sell it. This involves natural depreciation, from new or near new, to older and used.
In most cases the less expensive and older your motor home is the less you will lose proportionally in value if and when you go to sell it. Natural depreciation has basically ended at a given point in the motor home cycle.
Naturally, we're considering that both motor homes are maintained properly.
It seems that there is a point in a motor home's life where it stops losing value and you can sell it, years later, for the same price you bought it for. So, in a sense buying an older motor home in good condition is an investment where the only expenses will be the upkeep.
It's also why a former rental is a good investment as most of the depreciation has been already attained.
Of course this does not apply in every case. I imagine there are some motor homes, when bought new, that do not lose a great deal of value. Possibly a Bluebird or Airstream.
Am I totally incorrect about this assessment?
In most cases the more expensive and newer your motor home is the more you will lose in value proportionally if and when you go to sell it. This involves natural depreciation, from new or near new, to older and used.
In most cases the less expensive and older your motor home is the less you will lose proportionally in value if and when you go to sell it. Natural depreciation has basically ended at a given point in the motor home cycle.
Naturally, we're considering that both motor homes are maintained properly.
It seems that there is a point in a motor home's life where it stops losing value and you can sell it, years later, for the same price you bought it for. So, in a sense buying an older motor home in good condition is an investment where the only expenses will be the upkeep.
It's also why a former rental is a good investment as most of the depreciation has been already attained.
Of course this does not apply in every case. I imagine there are some motor homes, when bought new, that do not lose a great deal of value. Possibly a Bluebird or Airstream.
Am I totally incorrect about this assessment?
