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Old 11-17-2012, 12:33 PM   #1
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Depreciation on a leftover

I've got a pretty good idea of the depreciation schedule on new motorhomes, but I was wondering, if an rv is a leftover, say a 2012 now, should it get the first year's depreciation even if it's still new? So in figuring a price I should take the 25% guideline and then the 15% off that price for depreciation?

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Old 11-17-2012, 12:57 PM   #2
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While you can usually get a good deal on a last years model that is unsold, in the RV world, that discount is not as deep as it is in the car/truck world with much higher turnover rates. It is not that unusual to have a RV sit for a year or even two before it is sold.. If you are looking to go that route, I would look for and unsold 2011 or model where the discount would be much better..

And no.. you do not simply take off depreciation.

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Old 11-17-2012, 01:26 PM   #3
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You are thinking right,I bought my 07 in 08 at a 37plus% off but the Rv market was dead about all of the manufacturers were either bankrupting or going out of business and diesel was $5.00 a gallon. It will really depend on what shape the dealer is in financially,it never hurts to try.
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Old 11-17-2012, 01:29 PM   #4
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I just bought a "new" 2010 and got 42% of the MSRP...
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Old 11-17-2012, 01:50 PM   #5
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Looking at Tiffins. There don't seem to be any "new" 2011's and very few 2012. In that case, I imagine the discounts wouldn't be so great. This also makes me wonder if I would be better off buying the current year?
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Old 11-17-2012, 07:09 PM   #6
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Even a brand new one of the current year depreciates the second you take title to it - even if you never drove it off the lot. So in that sense, yes you take the depreciation. You should expect and extra deep discount on a leftover from the previous model year (but the dealer may not agree with you).

I would consider a previous-year leftover to be essentially the same price as a used one of that year, with the difference that it has a warranty (and that is worth some bucks added to the used price) and presumably in pristine condition (also worth some extra bucks).

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