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Old 11-12-2012, 05:06 PM   #1
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Was buying your brand new RV worth the depreciation?

They are beautiful, shiny, state of the art machines, and New. However my financial advisor keeps telling me, there is absolutely no worse investment than buying a new RV.

But there is more to life than money right? (Well, maybe not if you're a financial advisor.)

Anyway, if you signed the paper and drove off the lot in your shiny new dream RV, while your net worth took a plunge, please let us know whether, looking back at it:

Was buying the new RV worth the depreciation, and why?


Started our journey: 2015 Ford F350 Diesel Dually, 2016 Forest River Vengeance Touring 39R12 toy hauler, Can-Am Spyder RT-Limited.
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Old 11-12-2012, 05:17 PM   #2
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I look at it this way, as long as the appreciation of my RV is greater than the depreciation I'm good.

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Old 11-12-2012, 05:18 PM   #3
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For me it was. If I were going to invest, the last thing I would buy is a depreciating asset, like an rv. RV purchase money is, to us, spending money - we never expect it back. We also decided a few years ago that we would buy only new stuff whenever possible. We were frugal all our lives and for DW and I it is now time to reap the rewards of that frugality.
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Old 11-12-2012, 05:24 PM   #4
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For us, we did look at some used units but they were priced almost as high as a new unit plus we did get the full factory warranty and did not have to get a unit with smoke or on that had pets inside it! This was important to us!

Heck, after all, its only money! We felt like we deserved a new motor home once in our lives!

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Old 11-12-2012, 06:02 PM   #5
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My philosophy:

You can't line your coffin with hundred dollar bills.

Lou & Cheri - Pilot & Copilot
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Old 11-12-2012, 06:09 PM   #6
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The depreciation on a new RV is not worth it when there are a lot of hardly used 3 and 4 year old units on the market. But it is your money and make yourself happy.

Amateur Radio Operator (KE5DFR)|Full-Time! - 2012 6.7L Ford Crew Cab Dually -2013 HitchHiker Champagne 38RLRSB - Travel with one Standard Schnauzer and one small Timneh African Gray Parrot
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Old 11-12-2012, 06:33 PM   #7
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Originally Posted by TXiceman View Post
The depreciation on a new RV is not worth it when there are a lot of hardly used 3 and 4 year old units on the market. But it is your money and make yourself happy.


Like a new car, you drive it off the lot and you're down .... Where you get it back is use, actual use, and time in grade behind the wheel. Either/both are going to be 'low,' just rent one and be done with it.

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Old 11-12-2012, 06:42 PM   #8
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Well worth it and it was not about the investment. Did not want to deal with some ones elses problems or dirt so worth it to me.
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Old 11-12-2012, 07:09 PM   #9
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Absolutely. They didn't make a RV like I wanted so Rexhall took a 30' coach designed for a Ford 18K Gvw chassis and put it on a 22K Workhorse chassis lowered the roof 6" so OAH was 11'9 to fit in my garage, put a fuel injected Onan generator in and some other changes I wanted. Total cost was less than off a dealers lot. Still had teething problems with a new coach but they fix it all.
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Old 11-12-2012, 07:16 PM   #10
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Hey, it's a lifestyle. Just happens to cost money.

I was a financial manager. Depreciation, yes. Fun, satisfaction, sanity....big time!

Have fun now. You'll be dead a long time
Dave and Nola, RVM1
The Journey is Our Destination!

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Old 11-12-2012, 07:21 PM   #11
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An Rv is NOT AN INVESMENT! If you can find a used one that has the floorplan colors etc. that matches what you want and what the owner is asking is far below new cost then go for it!. Anyway you look at it an RV is an invesment in your happiness. You are spending YOUR MONEY ON YOURSELF! I never saw a hearse with a luggage rack so go for it and enjoy!

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There are 10 types of people in this world. Those who know binary, and those who don't.
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Old 11-12-2012, 07:27 PM   #12
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Originally Posted by Peacekeeper6 View Post
My philosophy:

You can't line your coffin with hundred dollar bills.

Well i guess one could if wanted LOL
2008 Damon Daybreak 3135,F53,2011 CR-V toad SMI Stay in Play Duo
Why wait for retirement enjoy life now !!!!!!!!!!
Me , DW, 2 kids and Kasey 8 year old yellow lab
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Old 11-12-2012, 07:44 PM   #13
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The way I see it, you don't buy an RV as an investment, your financial advisor is absolutely correct in his/her assessment that's it a poor investment.

Back in 2000 we traded our 1st used coach in on a new one that we've now had for 12 years. We bought it to travel in and enjoy, not giving any consideration whatsoever to depreciation.

And yes, we've enjoyed it immensly and have never looked back and/or had any regrets in our decision to buy it.

If one has reservations or concerns about the depreciation of an RV then it's not wise to buy one.

Best regards,
Jim & SherrySeward

2000 Residency 3790 v10 w/tags 5 Star tune & Banks system Suzuki XL7 toad
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Old 11-12-2012, 07:48 PM   #14
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Hard to buy a used MH the way my wife wanted it, new was the only way and Newmar was the only maker that could do the changes within our price range. Even then the upcharge for the upgrades and modification was $38,000 in 2002 $$.

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