Why not to buy used.
I know there are MANY on her who say. NEVER buy new, always buy used RVs. Myself. I always buy new, and here is an example why. This week we were camping beside a man who had just bought a used 201...
Forum Discussion
Here is the real story on depreciation:
And here is a little info for those who don't want to click on the link.
•One year old – I couldn’t get proper data to analyze this number, but my best estimate is that 21% of the value is gone as soon as it’s driven off the lot.
•Two years old – No significant difference from year one since model years are announced a year in advance–helping resale of a two year old trailer which seems to be only one year old to a potential buyer.
•Three years old – 25% depreciation (meaning 26.7% of the price you paid new is now gone)
•Four years old – 29% depreciation (better than a Class A at this point by two percentage points)
•Five years old – 37% depreciation (slightly worse than a Class A by two points)
•Six years old – 38% depreciation
•Seven years old – 38% depreciation
•Eight years old – 40% depreciation
•Ten years old – 45% depreciation
•Fifteen years old – 72% depreciation
•Twenty years and older – The price tends to hover between $3,000 and $5,000 depending on how it has been kept up. A travel trailer generally does not last as long as a motorhome because they are less expensive and so less care goes into maintaining them when old.
I personally think that this depreciation schedule is a little light. I bought a barely used AF for 12K. A new unit today is about 55 to 60 grand. The guy I bought it from had a lot of money and kept it like brand new because he had a lot of money. He also threw in about $1,500 bucks worth of extras. The hitch alone was worth $600.
For those of you that don't like used beds. Did you have your wife check out by a medical doctor before you married her? :B Have you never stayed in a hotel?
And here is a little info for those who don't want to click on the link.
•One year old – I couldn’t get proper data to analyze this number, but my best estimate is that 21% of the value is gone as soon as it’s driven off the lot.
•Two years old – No significant difference from year one since model years are announced a year in advance–helping resale of a two year old trailer which seems to be only one year old to a potential buyer.
•Three years old – 25% depreciation (meaning 26.7% of the price you paid new is now gone)
•Four years old – 29% depreciation (better than a Class A at this point by two percentage points)
•Five years old – 37% depreciation (slightly worse than a Class A by two points)
•Six years old – 38% depreciation
•Seven years old – 38% depreciation
•Eight years old – 40% depreciation
•Ten years old – 45% depreciation
•Fifteen years old – 72% depreciation
•Twenty years and older – The price tends to hover between $3,000 and $5,000 depending on how it has been kept up. A travel trailer generally does not last as long as a motorhome because they are less expensive and so less care goes into maintaining them when old.
I personally think that this depreciation schedule is a little light. I bought a barely used AF for 12K. A new unit today is about 55 to 60 grand. The guy I bought it from had a lot of money and kept it like brand new because he had a lot of money. He also threw in about $1,500 bucks worth of extras. The hitch alone was worth $600.
For those of you that don't like used beds. Did you have your wife check out by a medical doctor before you married her? :B Have you never stayed in a hotel?
