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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.
2007 Fleetwood Revolution LE 40V
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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).

Gary Brinck
Former owner of 2004 American Tradition
Home is in the Ocala Nat'l Forest near Ocala, FL
Summers in Black Mountain, NC
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