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 > Depreciation, why so much with RV's

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bobkatmsu

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Posted: 01/12/18 01:45pm Link  |  Quote  |  Print  |  Notify Moderator

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 enough question...why? I imagine the answer isn't quite that simple. Look forward to reading your responses.

toedtoes

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Posted: 01/12/18 01:49pm Link  |  Quote  |  Print  |  Notify Moderator

Because it's a vehicle so it goes down not up. Because there are a lot of "parts" that go bad. Because those "parts" can be very expensive to fix. And because someone else has used the toilet and slept in the bed.

Oh, and because so many are poorly made to begin with that after a couple years on the road with an owner who doesn't do any maintenance like sealing, the whole rig can be falling apart.


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Lwiddis

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Posted: 01/12/18 01:51pm Link  |  Quote  |  Print  |  Notify Moderator

Autos are the same way.


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FireGuard

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Posted: 01/12/18 01:55pm Link  |  Quote  |  Print  |  Notify Moderator

Most probably pay too much.
I hate these RV shows on tv when a buyer has a certain budget and they basically quote them retail price.
If you’re not getting 25-30% off sticker you’re paying too much.
But they still depreciate quickly.


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rgatijnet1

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Posted: 01/12/18 02:00pm Link  |  Quote  |  Print  |  Notify Moderator

Just remember that if you like to travel, going by RV is the ONLY way that you can at least recoup some of your expenses, even with the depreciation.
Travel by car, train, boat, or airplane, and buying all meals at restaurants, and staying in hotels, are all money that is 100% gone.
If you add up all of the cost to travel, you will find that RV travel is still the most cost effective, not to mention all of the places you experience on the way to any destinations.
Having the total freedom to travel on your own schedule is priceless in my opinion.

jplante4

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Posted: 01/12/18 02:03pm Link  |  Quote  |  Print  |  Notify Moderator

Because there will always be a segment of RV buyers who will pay a premium for a new rig. The comment about the bed and the toilet is probably the biggest reason.

Of course, these same people will walk into a public bathroom or stay in a hotel with no compunction...


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Blackdiamond

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Posted: 01/12/18 02:18pm Link  |  Quote  |  Print  |  Notify Moderator

It is a luxury item, not everyone wants one, few need one many change their mind after a year or two....basics of supply and demand. Look at the depreciation of luxury cars like an S class or a 7 series, a 5 year old one is worth about 45% of original MSRP, similar to a MH.


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tinstartrvlr

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Posted: 01/12/18 02:28pm Link  |  Quote  |  Print  |  Notify Moderator

"Of course, these same people will walk into a public bathroom or stay in a hotel with no compunction... "

Exactly.

Where perhaps thousands of people have used the toilet and the bed, instead of just a couple of owners of a gently used rv.

Ahh we humans are a strange bunch. It's a crazy world and I fit right in [emoticon]

the bear II

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Posted: 01/12/18 02:54pm Link  |  Quote  |  Print  |  Notify Moderator

We've kept each of RVs through the years for a minimum of 16 years. Our current RV is 22 years old. The enjoyment we have received using our RVs far outweigh any associated costs.

Good research to find the RV that best fits your current and future needs will help provide many years of useful life for your selected RV.

tropical36

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Posted: 01/12/18 03:07pm Link  |  Quote  |  Print  |  Notify Moderator

Precentage wise, do they really depreciate anymore than a car?
It's bad enough as it is with even buying used, so except for for one new PU truck (shouldn't have, but did keep it for 18yrs) and one new boat in my whole lifetime, I've always bought used. Some were the same as new, with factory warranties included, but still used and at a considerable savings.


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