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Old 01-04-2013, 05:09 PM   #1
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Effect on Resale by "Ten Year or Newer" Rule

Hi, Y'all

I'm following one of those periodic threads about parks that restrict rigs to ten years old or younger...

NOTE:
I don't want to start another right/wrong thread- one at a time is enough, right?
Click here to go there!

Thing is, a practical question came to my mind, to wit:

What if any effect might the apparently growing number of parks using that rule have on resale value of a motorhome that's at/past that age?

Anyone have any experience/opinions on this subject?

Thanks!

Francesca
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Old 01-04-2013, 05:37 PM   #2
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I am thinking after following the other post that these places are far and few in between, I haven't run into it as of yet, Have you Francesca? As far as this subject affecting the value of your rig.........
Financial institutions use the N.A.D.A. book to find the values of your items one is buying or selling. So I believe this will not affect the value one bit as the N.A.D.A book and the buyers wallet will set the value of what you are selling not the resort/campground that just wants newer equipment on thier property to make a type of atmosphere that they wish to lure.
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Old 01-04-2013, 05:42 PM   #3
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Quote:
Originally Posted by Francesca View Post
Hi, Y'all

I'm following one of those periodic threads about parks that restrict rigs to ten years old or younger...

NOTE:
I don't want to start another right/wrong thread- one at a time is enough, right?
Click here to go there!

Thing is, a practical question came to my mind, to wit:

What if any effect might the apparently growing number of parks using that rule have on resale value of a motorhome that's at/past that age?

Anyone have any experience/opinions on this subject?

Thanks!

Francesca
Well we bought a used 2000 HR Endeavor this fall for $26,500...new in 2000 it cost $108,000....for that kind of savings I can find somewhere that will welcome me...I just booked 4 places this next year and not one asked me my MH age...I did offer to them I did have a 10 year old one and not one problem...
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Old 01-04-2013, 05:44 PM   #4
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I would agree, if it hasnt made a noticeable difference yet, I doubt it will in the future. A lot of older rigs are in better shape than some newer ones. Depends on the owner.
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Old 01-04-2013, 05:57 PM   #5
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I would think the lack of Financing on 10 + yr MH at lower rates would be a larger factor in the price Dropping at that point.
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Old 01-04-2013, 05:59 PM   #6
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Quote:
Originally Posted by Francesca View Post
I'm following one of those periodic threads about parks that restrict rigs to ten years old or younger.

What if any effect might the apparently growing number of parks using that rule have on resale value of a motorhome that's at/past that age?

Anyone have any experience/opinions on this subject?
Zero effect on resale.
This hasn't been an issue, and I don't think it will be in the future either.
You Asked!
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Old 01-04-2013, 07:26 PM   #7
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I think it will affect resale but only on the higher end coaches. The people that tend to by others usually won't pay the higher prices at the cg that has that rule
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Old 01-04-2013, 07:29 PM   #8
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I don't think there will be any effect at all. Not enough places have the "rule" to make it a consideration.
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Old 01-04-2013, 07:31 PM   #9
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I don't think there will be any effect at all. Not enough places have the "rule" to make it a consideration.
I agree. We've never been asked the age of our MH.

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Old 01-04-2013, 08:36 PM   #10
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Quote:
Originally Posted by Francesca View Post
Hi, Y'all

I'm following one of those periodic threads about parks that restrict rigs to ten years old or younger...

NOTE:
I don't want to start another right/wrong thread- one at a time is enough, right?
Click here to go there!

Thing is, a practical question came to my mind, to wit:

What if any effect might the apparently growing number of parks using that rule have on resale value of a motorhome that's at/past that age?

Anyone have any experience/opinions on this subject?

Thanks!

Francesca
We had a 12 yr old mh. Was asked about age of unit once in 3 yrs. I gave a simple answer in form of a question. Do you discriminate on age? Of course they didn't dare say yes. If it would of been pursued I'd offer to get vehicle registration and show that it was registered this year. Just show them it is titled this year. No need to have conversation as to specific year, Make and model.
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Old 01-04-2013, 08:46 PM   #11
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I would not let it worry me. Get what you like or can afford and go camping. There are plenty of places that will gratefully accept your money.

Ken
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Old 01-04-2013, 08:49 PM   #12
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I'm not asking about experience re. not getting in to campgrounds etc...that's been done to death!

My question has to do with such effect as may or may not be felt in the resale market.

Nada guides show a fairly precipitous drop in Mohos older than ten years...I wondered if anyone thinks that campground age restrictions have anything to do with that phenomenon.
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Old 01-04-2013, 08:54 PM   #13
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Age is only a number

I will pull my 2000 HR up against any new class A and they will be impressed with her quality...exterior is all but perfect...just had the lower paint redone with new clear..she is like my wife...a bit older but will put most every other woman to shame...just saying..
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Old 01-04-2013, 08:56 PM   #14
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I don't think there will be any effect at all. Not enough places have the "rule" to make it a consideration.
ditto
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