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06-26-2017, 08:38 AM
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#1
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Junior Member
Join Date: Apr 2017
Posts: 23
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New Purchase Depreciation; Class A Diesel
What should one expect on value depreciation of a new Class A diesel? That is, the day I drive it off the lot, what is the normal depreciation to expect? After one year? After two years. Thank you.
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06-26-2017, 08:42 AM
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#2
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Senior Member
Country Coach Owners Club Solo Rvers Club iRV2 No Limits Club
Join Date: May 2011
Location: Vancouver, WA
Posts: 37,725
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The only time depreciation comes into play is if you go to sell or trade otherwise it's a non issue.
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2009 45' Magna 630 w/Cummins ISX 650 HP/1950 Lbs Ft, HWH Active Air
Charter Good Sam Lifetime Member, FMCA,
RV'ing since 1957, NRA Benefactor Life, towing '21 Jeep JLU Rubicon Ecodiesel
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06-26-2017, 08:47 AM
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#3
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Junior Member
Join Date: Apr 2017
Posts: 23
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Well, I'm looking at it from a used unit buyer perspective.
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06-26-2017, 09:10 AM
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#4
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Moderator Emeritus
Monaco Owners Club Texas Boomers Club
Join Date: Nov 2015
Location: Central Texas
Posts: 13,426
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A whole lot! The assumption is that the value goes down 20% when you drive it off the lot, but it really depends on who is selling and how much the buyer is willing to pay. I have the paperwork for my coach from the first two buyers, the first paid $240K and sold it to the second owner six years later for $170K. That's $12K depreciation per year over the first six years. That's off the sales price, not the list price of the coach.
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Dennis and Katherine
2000 Monaco Dynasty
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06-26-2017, 09:22 AM
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#5
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Senior Member
Join Date: Jan 2017
Location: Titusville, FL
Posts: 5,164
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Go to NADA and check the value for last years model. Might help you get some idea. Also look on RVTrader and other sale sites. It's probably manufacturer/model dependent.
Just like a Jeep Wrangler doesn't depreciate as fast as a Smart car. Same with RVs.
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When seconds count, the police are only minutes away.
2023 Grand Design 2600RB, 2022 F-350 King Ranch tow vehicle, Titusville, FL when not on the road
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06-26-2017, 12:09 PM
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#6
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Senior Member
Join Date: Apr 2010
Location: Western NY
Posts: 3,809
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Quote:
Originally Posted by barmcd
A whole lot! The assumption is that the value goes down 20% when you drive it off the lot, but it really depends on who is selling and how much the buyer is willing to pay. I have the paperwork for my coach from the first two buyers, the first paid $240K and sold it to the second owner six years later for $170K. That's $12K depreciation per year over the first six years. That's off the sales price, not the list price of the coach.
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That's actually about 5% per year over the six year period which I don't think is too bad. The first two years will be the greatest drop percentage wise and then it will be a declining number after that. Much does depend on make, model, etc. A 45 foot coach would be much more in demand at today's $2.50 diesel than it would be at $5 diesel.
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2018.5 Entegra Aspire 44R-Sold, 2019 Chevy Blazer-Sold. 2022 Genesis GV-80.
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