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Old 03-30-2015, 05:15 AM   #43
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We bought are Bounder new because we keep stuff until it is completely shot, so depreciation is not as much of a concern. The Flounder is 22 years old so does not depreciate much now. If I wished to change rvs often, then would certainly have to buy used.
We ended up buying new after looking at many used mhs, but were turned off by the smell of nearly all of them. The oder seemed similar in all of them, like a decaying animal. The smell of smoke would have been a distinct improvement.
About 10 years ago the wife and I looked at new mhs several times and every one I entered would soon have my eyes watering and stinging so intensely that I could not stay inside. Shortly after stepping outside my eyes would clear up. I told the wife whatever they are putting in these new rigs would keep me from buying one. Must have been allergic to some chemical, which was strange because normally I had a high tolerance of them.
Recently have been looking at new mhs and thankfully those symptoms never came back.

Kevin
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Old 03-30-2015, 07:48 AM   #44
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Originally Posted by Old Car Nut View Post
Well here's what I found just for conversation.

Yeah, that's what I found as well.

We had ours custom ordered, moved in to it in September of 2012. We now have 30,089 miles on it.

MSRP $379,000

After discount $269,000

After they took off trade $239,000


Go figure.
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Old 03-30-2015, 10:41 AM   #45
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John,

Just for my own curiosity, when you say "took off trade" does that mean you think they gave you $30,000 more than you could have gotten selling your previous RV yourself?

My problem is that I definitely have champagne dreams on a Budweiser budget... so until I have a couple of million to spend, I'll always be thinking "but if I just bought an 8 year old XYZ, look at how much more I'd get"

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Old 03-30-2015, 11:57 AM   #46
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I mean they gave me $30,000 for our old coach when they took it on trade. I was listing every dollar, for the nit pickers. Discount, then trade allowance and the final dollars paid.

It's an online discussion, I was being prepared for all discussions.
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Old 03-30-2015, 04:13 PM   #47
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Quote:
Originally Posted by PDR John View Post
Yeah, that's what I found as well.

We had ours custom ordered, moved in to it in September of 2012. We now have 30,089 miles on it.

MSRP $379,000

After discount $269,000

After they took off trade $239,000


Go figure.
I'd say you did very well especially when you consider it's still has a NADA low retail close to what you paid for it. BRAVO! In our case no trade in and needed to have a stacker and a coach for under $200K. The CC final price helped us come in way under that and shes still a beauty. Works for us. But if we ever buy new I'm hiring you as the buyer. Man I thought I was a wheeler dealer.

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I mean they gave me $30,000 for our old coach when they took it on trade. I was listing every dollar, for the nit pickers. Discount, then trade allowance and the final dollars paid.

It's an online discussion, I was being prepared for all discussions.
What? There are nitpickers on here? NO WAY!! Say it isn't so.
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Old 03-30-2015, 05:59 PM   #48
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CC are awesome coaches, hope they come back strong.

I think ours was more about luck in timing then anything else. RV market making a bit of a come back.

I doubt I could sell it for it's book price, but boy if I could!
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Old 03-30-2015, 06:19 PM   #49
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I am used buyer. I can't afford the new coach depreciation. Buy a coach for $300,000, drive it out of the dealers and now it is a used coach worth $200,000.That is a BIG hit.
Which is how we could afford the Magna with a $775,000 sticker without taking money out of our annuity! Was advertised for $349,000 and we got it for less. Don't think the stove has ever been used, maybe lit to be sure it worked and the bread board hasn't been seasoned or even used once, no cuts at all.
Now, about the engine: a $29,000 repair bill but Cummins is paying about $10,000 of it, but still a 1,000,000 engine that has blown up twice and will be on it's third turbo in 45,000 miles?
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Old 03-30-2015, 06:20 PM   #50
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It seems to me that asking price on. Most of these older coaches are going up the last few months. I'm sure there are bargains out there, they are just harder to find.
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Old 03-30-2015, 06:30 PM   #51
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We had a new vs used situation to contend with when we entered the RV world back in January.

A new 2014 Thor Outlaw was $132,900 (Canadian), apparently down from $165,000. $133k ended up being more than double what we picked up our used 2007 for. We've since invested some of the savings into MANY enhancements and are still almost $50k ahead. Granted, it's not new, but I keep hearing about bugs in new coaches that need to be warrantied out.

Would I like new? Sure! But with 20-30% depreciation in the first few years on a continuing depreciating asset, it's hard to make a case for new being a better value.

Anthony
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Old 03-30-2015, 06:33 PM   #52
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Oh, FWIW while I don't normally go take the bait on extended warranties, I did go for a 4 year service plan on our 2007 Outlaw. Being new to RVs and all and not having a clue what to expect, I figure the warranty is at least a reasonable shot at protection in case of something we hope never happens.

Still way ahead on the value curve!

Anthony
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Old 03-30-2015, 06:46 PM   #53
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But with 20-30% depreciation in the first few years on a continuing depreciating asset, it's hard to make a case for new being a better value.

Anthony


This is the part we're having trouble with agreeing on.

Glad you found a coach to fill your needs.
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Old 03-30-2015, 06:53 PM   #54
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I buy used all the time. But I have a rule that if my investment is a good deal I should be able to repair the worst case scenario. If not I should be able to walk away.
Rule 1 Never fall in love with something too quickly
Rule 2 Take lots of time the used market is full of deals but do your homework.
Rule 3 Buy new if the used market has been exhausted.
These rules have worked for me or many years,frustrates the DW at times.
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Old 03-30-2015, 07:02 PM   #55
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This is the part we're having trouble with agreeing on.

Glad you found a coach to fill your needs.
There are few universal truths. I suspect all new vehicles take some depreciation hit in year 1. Some more than others. There may even be some that are bought at a price point that escapes depreciation in year 1. But at some point they are all used and used does not generally sell at new prices. Even used that is as good or better than new will not curry new dollars. 1930 Fords like my dad's excluded.

It's a no brainer really. Get an RV and have fun.
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Old 03-30-2015, 07:07 PM   #56
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Plenty of good RVs out there in all price ranges get ya one and be happy... Time don't slow down for no one !!! Enjoy yours >time
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