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Old 04-06-2014, 09:08 AM   #43
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when we were researching for our purchase, we seriously looked at new vs used. When we found the used 07 Beaver tag, it just clicked. no regrets buying used, and no need for brand new either. there were so many new ones that we just stepped inside, turned around and left. quality/price/useability/condition should all be considered and measured.
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Old 05-10-2014, 02:33 PM   #44
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Correcting depreciation chart

Quote:
Originally Posted by cucotx View Post
On the issue of buying new vs. used, I have decided that I will buy used. The depreciation charts that I have seen for Class A RVs has a 5 year old RV valued at about 50% of original MSRP. A 10 year old is at 30% of MSRP ...
My original entry above had the depreciation thing all wrong. The depreciation is off purchased price, not MSRP. See below.

Here is the typical depreciation table that others may have seen before.

From the purchase price of new coach, after "Number of Years" of purchase, the table below shows first the depreciation for each passing year, and the "Total Depreciation" from the original purchase price.

Number of Years <-> Depreciation % for given year <-> Total Depreciation %
1 18 18
2 10 28
3 7 35
4 6 41
5 6 47
6 5 52
7 5 57
8 4 61
9 4 65
10 3 68
11 3 71

So, for example, if a 2015 Anthem sells for $350,000, after 3 years it may be worth about $227K. After 5 years, about 185K. After 10 years, about $112K. So, after 10 years, you have lost 68% of a $350,000 investment, or about $240,000. Even if you drive the RV 10,000 miles a year for the 10 years you own it, you would have spent $2.40 per mile in addition to what you would spend on diesel ...

Note: The table above is from this article:

THE BEST RV VALUE: DEPRECIATION IS THE MAJOR REASON TO SERIOUSLY CONSIDER A USED RV
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Old 05-10-2014, 06:01 PM   #45
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cucotx
IMHO the most important choice is in picking from a number of proven coach builders. The right ones age very well compared to the rest. Monaco coaches, those built by Monaco Coach Corporation, to include Holiday Rambler, Safari, Beaver on their Roadmaster 8 bag (or 10 bag for tag axle) are about the best used coaches for your buck. Dynasty & above or its equivalent HR, Safari or Beaver have the semi-monocoque Roadmaster frame for a ride on par with the super coaches like Foretravel, Prevost, etc. Since MCC went bankrupt, but was bought out by Navistar, and just recently by ASV, the parent company of Fleetwood, parts are still available as well as assistance via phone, but prices are pretty good. Other names that come to my mind are Newmar, Tiffin, Country Coach, but Monaco seems best to me. As for age in a Monaco built coach--I would start with 2009 (MCC went under) and go back from there until I found one I could afford. Good luck!
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Old 05-10-2014, 06:24 PM   #46
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Are these valuations for gas units too???????????
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Old 05-10-2014, 06:31 PM   #47
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Are these valuations for gas units too???????????
I don't see any reason why the above depreciation table would not apply to gas coaches. I think the article in the reference did not make a distinction between diesel and gas.

I think the percentages given are just average and approximate depreciation for both gas and diesel units. Start with how much the original buyer paid to drive off the lot with a given new unit. Then use the chart as a first guesstimate for the used unit later.

But, may be others have better information on depreciation for gas vs. diesel.

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Old 11-23-2014, 08:47 PM   #48
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Have to concur with all the above opinions on buying an older DP. Just bought a 2003 Tiffin Phaeton 35RH with 56K miles and the CAT 330 engine. We drove it nearly 2800 miles home and had a great time. We absolutely love the floor plan and the decor of that time period. Didn't tow on the trip home, and averaged over 9 mpg for the trip. The coach was in the desert until we brought it home, so there is no rust to speak of and everything functions perfectly. We hope to do Camp Freightliner and a trip to Red Bay next year, just to have Freightliner and Tiffin go through it to see if there are any big parts that need work. With what we saved on the purchase price, we can afford to fix a couple of things if needed. We look forward to many happy miles in this rig.
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Old 11-23-2014, 08:58 PM   #49
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Nice to see a recent post on this thread since May. Planning on making a purchase sometime in the next 1-2 yrs. Started looking at a certain gas models that had floor plans I liked, but after seeing some really nice and even remodeled DP in the 2000-2004 yr. range for around the same price it has me looking at more diesels now than gas units.
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Old 11-23-2014, 09:18 PM   #50
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Quote:
Originally Posted by cucotx View Post
My original entry above had the depreciation thing all wrong. The depreciation is off purchased price, not MSRP. See below.

Here is the typical depreciation table that others may have seen before.

From the purchase price of new coach, after "Number of Years" of purchase, the table below shows first the depreciation for each passing year, and the "Total Depreciation" from the original purchase price.

Number of Years <-> Depreciation % for given year <-> Total Depreciation %
1 18 18
2 10 28
3 7 35
4 6 41
5 6 47
6 5 52
7 5 57
8 4 61
9 4 65
10 3 68
11 3 71

So, for example, if a 2015 Anthem sells for $350,000, after 3 years it may be worth about $227K. After 5 years, about 185K. After 10 years, about $112K. So, after 10 years, you have lost 68% of a $350,000 investment, or about $240,000. Even if you drive the RV 10,000 miles a year for the 10 years you own it, you would have spent $2.40 per mile in addition to what you would spend on diesel ...

Note: The table above is from this article:

THE BEST RV VALUE: DEPRECIATION IS THE MAJOR REASON TO SERIOUSLY CONSIDER A USED RV

Would you beable to email this to me? This is the best table I have seen to date.
I tried to simply print the chart and that didn't work.
Thanks!!
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Old 11-23-2014, 09:38 PM   #51
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Quote:
Originally Posted by indycoltsguy View Post
Would you beable to email this to me? This is the best table I have seen to date.
I tried to simply print the chart and that didn't work.
Thanks!!

Try to private message the OP (original poster) for that.
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Old 11-23-2014, 09:40 PM   #52
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Quote:
Originally Posted by indycoltsguy View Post
Would you beable to email this to me? This is the best table I have seen to date.
I tried to simply print the chart and that didn't work.
Thanks!!
The author of the depreciation table is Bob Gummersall.

In the article that he wrote, at
Should I buy a new or used RV?

he welcomes readers to email him at frgummer@gmail.com for an Excel spreadsheet version of his table.

I have emailed Bob to point him to this thread in case he is interested in sharing more information on depreciation of DP and Gas RVs.

In Bob's article, I believe he is using an RV that sold for $80000. His table below shows how that RV loses value every year afterwards.

IMO, that RV is probably not going to lose 18% the first year. After all, that RV probably got on the road new from the dealer with close to a 30% off MSRP. But, over time, especially after 5 years of so, I think the table is probably a good approximation of how the value decreases for the average RV.

YEAR DEPRECIATION VALUE
1 18% 65,6000
2 10% 57,600
3 7% 52,000
4 6% 47,200
5 6% 42,400
6 5% 38,400
7 5% 34,400
8 4% 31,200
9 4% 28,000
10 3% 25,600
11 3% 23,200
12 2% 21,600
13 2% 20,000

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Old 11-23-2014, 10:48 PM   #53
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If you need 600 hp, Country Coach Magnas and Affinitys has 600 hp (up to 650 hp optional) from 2007 on.
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Old 11-23-2014, 10:56 PM   #54
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Quote:
Originally Posted by Snomas1 View Post
Our is 12 yrs old and is still in perfect condition. We use it about 4 months a year.
Well, ours isn't in "perfect" condition but for a 13 model year old unit it's GREAT!
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Old 11-24-2014, 07:14 AM   #55
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We just purchased our oldie a few months ago. For the amount of time we are able to use it this suits our needs. I'm hoping we can get 10 years out of it.

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Old 11-24-2014, 08:42 AM   #56
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My 14 YO is regularly mistaken for newer. Everything works (knock on wood) and is reliable.

My advice is to not wait 7 years. My biggest mistake was waiting to buy one. Buy one, use it, enjoy it. You can't get the years back.
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