Community Forums

CampDaven · 01-20-2015, 08:27 PM

I own an 09 Monaco Camelot KFQ.
Not technically for sale, but open to offers.

PeaceOwl · 01-20-2015, 08:30 PM

The one thing that fails to be noted during these 'don't buy new' posts is that the resale of a newer RV will be higher than if you are trying to resell an older RV. So don't forget to do the math from the 'new coach' resell down the line. you can't just subtract the total loss of value of buying new, because you will be selling the newer coach for a lot more money than an older coach. Yes, the math wouldn't sound near as frightening to buy new.....

FLSteve · 01-20-2015, 08:36 PM

Quote:

Originally Posted by Mike and Cha

Being realistic none of these are a financial investment, but they are an investiment in a lifestyle one choses, so if you spend a little more to get what you really want and will enjoy it even more, then that is not throwing money away.

Well said Mike and Cha ... that's sure the way I see it.

Steve

flaggship1 · 01-20-2015, 09:09 PM

Quote:

Originally Posted by PeaceOwl

The one thing that fails to be noted during these 'don't buy new' posts is that the resale of a newer RV will be higher than if you are trying to resell an older RV. So don't forget to do the math from the 'new coach' resell down the line. you can't just subtract the total loss of value of buying new, because you will be selling the newer coach for a lot more money than an older coach. Yes, the math wouldn't sound near as frightening to buy new.....

Can't belive I'm posting this twice in one day... interesting info here.

http://www.myrv.us/pgs/rv/depreciation.htm

I'm not doing anyone's math for them and won't argue with yours. But buying right is the key. When dealing with the new market your starting place is 20 to 25 percent higher than anyone including the dealer thinks anyone will pay. That's a big pile of nonsense from the beginning - now start your depreciation schedule and desirability of of your make and model. There is no generalization that isn't wrong a good part of the time. That's why they are generalizations.

RodgerS · 01-20-2015, 09:20 PM

"I own an 09 Monaco Camelot KFQ."
Post it in the irv2 classifieds.

RodgerS · 01-20-2015, 09:23 PM

I agree with Mike that depreciation is not always relevant. But, if you bought wrong and want to try again without using the rv more than a year, it could be painful.

==========
palehorse89
Just remember, Life is not about the Destination...........it is about the "Journey"...........Enjoy the ride, as we all will arrive where we are going soon enough

Yes, that's exactly why I would send you the blank check...you actually make sense. And yes, I have a short list of other mentors that I would trust (but verify) as well, who don't get into all the psycho babble, la la la.

Patience is its own reward.

Mr_D · 01-20-2015, 09:28 PM

Quote:

Originally Posted by RodgerS

As to buying new and throwing money away. I think it is relative to how much you spend, how long you intend to keep the coach, and how easy financially it is for you to replace a coach at your financial level. Buyers mostly care when it hurts their ability to do what they want.

Probably worst case is overbuying and not being able to use the coach due to limited financial resources.

Or you could buy less than you can afford, then have health problems like my wife has!

Gordon Dewald · 01-20-2015, 09:29 PM

Learning is not free nor should it be.

Don't forget: He who dies with the most money is still dead.

RodgerS · 01-20-2015, 09:32 PM

You don't need an rv to tip toe through the tulips.

Gordon Dewald · 01-20-2015, 09:35 PM

You dont even need shoes if you dont mind getting your feet dirty.

RodgerS · 01-20-2015, 09:36 PM

The waste of money cures itself, for soon there is no more to waste. ~M.W. Harrison

I am having an out of money experience. ~Author Unknown

“All I ask is the chance to prove that money can’t make me happy.” Spike Milligan.

flaggship1 · 01-20-2015, 09:40 PM

When somebody says it’s not about the money, it’s about the money.

H.L. Mencken

Gordon Dewald · 01-20-2015, 09:40 PM

You win - I'm convinced a MH is not for you.

Mike and Cha · 01-20-2015, 09:42 PM

Quote:

Originally Posted by Gordon Dewald

Learning is not free nor should it be.

Don't forget: He who dies with the most money is still dead.

Boy isn't that the truth, I guess I want to leave behind my kids something when we die, but sometimes I wonder why I count my pennies when I really don't need too. Not that we're rich or anything but we have invested wisely, saved well, have a great pension, and can live very comfortable. My wife is always telling me to get what I want now because the money won't mean anything once we're dead.....