RV Trip Planning Discussions

Go Back   iRV2 Forums > THE OWNER'S CORNER FORUMS > Entegra Owner's Forum
Click Here to Login
Join iRV2 Today

Mission Statement: Supporting thoughtful exchange of knowledge, values and experience among RV enthusiasts.
Reply
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on iRV2
 
Thread Tools Search this Thread Display Modes
 
Old 08-18-2013, 10:08 PM   #1
Senior Member
 
Curtisgeiger's Avatar


 
Entegra Owners Club
Join Date: Jul 2013
Location: Fort Bragg, NC
Posts: 865
Entegra Resale Value

Has anyone, after purchasing new, resold (not traded in) an Entegra coach in the past few years?

If so what kind of depreciation did you experience?

Curt
__________________

__________________
Curt Geiger
2014 Entegra Aspire 44U
North Carolina
Curtisgeiger is offline   Reply With Quote
Join the #1 RV Forum Today - It's Totally Free!

iRV2.com RV Community - Are you about to start a new improvement on your RV or need some help with some maintenance? Do you need advice on what products to buy? Or maybe you can give others some advice? No matter where you fit in you'll find that iRV2 is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with other RV owners, see fewer ads, upload photographs, create an RV blog, send private messages and so much, much more!

Old 08-18-2013, 10:14 PM   #2
Senior Member
 
Dutch Star David's Avatar


 
Texas Boomers Club
Entegra Owners Club
Join Date: Jun 2009
Posts: 1,908
Quote:
Originally Posted by Curtisgeiger View Post
Has anyone, after purchasing new, resold (not traded in) an Entegra coach in the past few years?

If so what kind of depreciation did you experience?

Curt
You're not thinking of selling already, are you? I would think that as long as the factory backlog is, used might hold their value better than the average coach.
__________________

__________________
2018 Newmar Dutch Star 4369, Spartan K2 Chassis,
Cummins ISL 450HP, Allison 3000

2015 F-150 King Ranch LB 3.5 L twin turbo Ecoboost Toad, Texas Boomers RV Club
FMCA F292298, NRA Benefactor, Newmar KK Lone Stars South
Dutch Star David is offline   Reply With Quote
Old 08-18-2013, 10:16 PM   #3
Senior Member
 
Curtisgeiger's Avatar


 
Entegra Owners Club
Join Date: Jul 2013
Location: Fort Bragg, NC
Posts: 865
Quote:
Originally Posted by dlovitt View Post

You're not thinking of selling already, are you?
Just doing my homework. That's all.

Curt
__________________
Curt Geiger
2014 Entegra Aspire 44U
North Carolina
Curtisgeiger is offline   Reply With Quote
Old 08-18-2013, 10:29 PM   #4
Senior Member
 
DSL417's Avatar
 
Entegra Owners Club
Join Date: Sep 2012
Posts: 6,337
Blog Entries: 2
I don't think your going to get a lot of responses on this question. A little early. Some have traded up fromAspire to Cornerstone. Know of a few who had some life change events that resulted in offering 2013s for sale after 5-10000 miles. Rumor control would have them seeing a depreciation of 10-15% from original sales price. A few folks have suggested more. Keep in mind, that the coach has been in pretty high demand during the last year and a half...which helps, as the wait for buying new has been 3-4 months for most or more. JMHO

But I would offer, that all coaches depreciate, from MSRP (big time) and from actual purchase price (which people keep pretty close to the chest and can be distorted by trade ins as well). For me, I have to factor what I'm paying for the change in life style and how I use the coach against that depreciation. For me, the equation works. IMHO
__________________
Dave and Beth
2015 Cornerstone 45J
Ford F-150 and 2016 Polaris Razor
DSL417 is offline   Reply With Quote
Old 08-18-2013, 10:40 PM   #5
Member
 
Join Date: Jan 2008
Location: Wears Valley TN
Posts: 48
Curt,
As per talking to Entegra Customer service manger on our last visit, he stated our coach was only valued to Entegra at 160K and if they bought it back they could only give 80% of the 160K. New MSRP of our coach was 331k. ( i had previously said 356K but was mistaken and correcting my numbers there!
As informed in another post to you, we were offered only 100k trade in on our coach Saturday via phone conversation! Our coach is alomost 2 1/2 years old with less than 7,000 miles! I would say looking at 25% depreciation when you drive one off the lot, or basically when you sign your name on the contract and finance one!
As stated though Entegra has best support out there!
lofton3786 is offline   Reply With Quote
Old 08-18-2013, 11:03 PM   #6
Senior Member
 
Ann n Gene's Avatar
 
Join Date: Apr 2004
Location: Stillwater, Ok
Posts: 4,076
I think that if you check most of the blue books they depreciate ALL motorhomes at least 23% when you drive it off the lot. No reason Entegra would be exempt from that because the books on rvs are not actual sales, just a flat percentage assumption. JMHO
__________________
2019 Newmar New Aire
2017 Ford F150 King Ranch
Ann n Gene is offline   Reply With Quote
Old 08-18-2013, 11:48 PM   #7
WiFiRanger Ambassador
 
docj's Avatar
 
Join Date: May 2011
Posts: 4,665
Quote:
Originally Posted by Ann n Gene View Post
No reason Entegra would be exempt from that because the books on rvs are not actual sales, just a flat percentage assumption. JMHO
That's not how the NADA says it does its valuations according to one of its executives. You can read the whole interview here: NADA- determining RV value
__________________
Joel Weiss--WiFiRanger RV Ambassador
RVParkReviews administrator
2000 40' Beaver Patriot Thunder Princeton CAT C-12
docj is online now   Reply With Quote
Old 08-18-2013, 11:57 PM   #8
Senior Member
 
Ann n Gene's Avatar
 
Join Date: Apr 2004
Location: Stillwater, Ok
Posts: 4,076
Well, I am likely wrong, I have no personal knowledge. Just quoting several independent reviews of price guides that I looked up on the Internet, and you know what kind of trouble you can get into doing that. The reviewers that I read all claimed that the guides use actual sales on cars and trucks but on RVs use a flat percentage deduction for each year from new with add ons for options. So I do not know who to believe but a standard deduction from new price certainly has no real value or fairness for rv owners and advantage dealers, so I REALLY hope you are right and I am wrong.
__________________
2019 Newmar New Aire
2017 Ford F150 King Ranch
Ann n Gene is offline   Reply With Quote
Old 08-19-2013, 05:34 AM   #9
Senior Member
 
Curtisgeiger's Avatar


 
Entegra Owners Club
Join Date: Jul 2013
Location: Fort Bragg, NC
Posts: 865
Quote:
Originally Posted by Ann n Gene View Post
ALL motorhomes at least 23% when you drive it off the lot JMHO
Is that 23% off what you paid the dealer?
__________________
Curt Geiger
2014 Entegra Aspire 44U
North Carolina
Curtisgeiger is offline   Reply With Quote
Old 08-19-2013, 05:46 AM   #10
Community Administrator
 
Clifftall's Avatar


 
Fleetwood Owners Club
Ford Super Duty Owner
Join Date: Aug 2009
Posts: 33,849
Blog Entries: 1
That would be off what you paid .Otherwise you'd make a profit on the 25-35% discount you got off the msrp when purchased .
__________________


Cliff,Tallulah and Buddy ( 1999-2012 )
Clifftall is offline   Reply With Quote
Old 08-19-2013, 06:38 AM   #11
Senior Member
 
MRUSA14's Avatar
 
Entegra Owners Club
Join Date: Nov 2012
Posts: 5,461
Entegras may have held up better in the past due to limited supply and almost non-existent used supply. With the new factory turning out 5 a day, I would expect any Entegra premium to disappear as supply increases greatly. Anybody who worries about depreciation should not buy a new coach, IMHO. It is worse than going to the casino. You are guaranteed to be a loser.
__________________
Marc and Jill, Wellington FL
2013 Entegra Anthem 44SL
MRUSA14 is online now   Reply With Quote
Old 08-19-2013, 07:08 AM   #12
Senior Member
 
Curtisgeiger's Avatar


 
Entegra Owners Club
Join Date: Jul 2013
Location: Fort Bragg, NC
Posts: 865
Thanks -- that is why I am doing this homework before I purchase

So to recap what I have heard above:

MSRP to buyer cost: about 30% reduction

Buyer cost to resale: about 25% depreciation
__________________
Curt Geiger
2014 Entegra Aspire 44U
North Carolina
Curtisgeiger is offline   Reply With Quote
Old 08-19-2013, 07:26 AM   #13
Senior Member
 
nctox's Avatar
 
Tiffin Owners Club
Join Date: Jun 2013
Location: Western NC
Posts: 447
Quote:
Originally Posted by Curtisgeiger View Post
Thanks -- that is why I am doing this homework before I purchase

So to recap what I have heard above:

MSRP to buyer cost: about 30% reduction

Buyer cost to resale: about 25% depreciation
Curt,
From what I've read, the 30% off MSRP might be a little high. I'd expect 25-30%.
The first year depreciation should be as you said appx 20-25% with 10-15% each year thereafter.
Good luck.
Tim,,,
__________________
Seeing this country from ground level.

2016 Allegro Bus 40AP
nctox is online now   Reply With Quote
Old 08-19-2013, 07:34 AM   #14
Senior Member
 
DSL417's Avatar
 
Entegra Owners Club
Join Date: Sep 2012
Posts: 6,337
Blog Entries: 2
Not sure what you mean by "buyer cost to resale", but I can give your an example. I became friends with an Anthem owner who bought a 2013 used coach. Not sure of all the details with why the person sold their coach (through a dealer), but some type of life change. Given the timing of the first buyers purchase, they likely paid vicinity of $295K. The dealer listed this coach (less than 10K miles) for $289K. The person I know said (and have no reason to question) they negotiated and paid $272K. You can do the math.

That said, each deal is different, and this business seems to have a lot more price volatility than cars. As the previous respondent suggested, if depreciation is part of your equation, then maybe a used coach is a better choice, but they all are going to depreciate. Ask yourself how long you're going to have the coach and how much are you willing to pay for that lifestyle. If you buy at $300K, you plan at full timing, you see yourself doing it for 10 years (not unusual), and you no longer plan on a sticks and bricks abode....10 years later, the coach is worth $60K, that's $240K depreciation plus upkeep, camping fees, and fuel. Add $6K per year for fuel and $7500/year for campgrounds (kind of a mid-point...now your ten year costs for lodging is $375K or $37K a year. Compare that to your S&B costs today including utilities...probably comparable (please accountants and engineers, this is just a rough). You lose the appreciation you'd have gained on the real estate (maybe).

Now if you're not full timing...recalculate. Just sayin' ... you have to decide how and why you are looking at doing this...it is not an investment...even a Prevost.

All JMHO
__________________

__________________
Dave and Beth
2015 Cornerstone 45J
Ford F-150 and 2016 Polaris Razor
DSL417 is offline   Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


» Featured Campgrounds

Reviews provided by


Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 07:40 PM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.