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Old 07-12-2019, 04:07 PM   #1
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RV prices what is realistic and what is realistic depreciation ?

I have seen on the internet (so I know it is true) that RVs generally marked up 30-35% to their MSRP.
For example I saw a 2019 Winnebago new 22m (MSRP $94,450) listed at a GeneralRV earlier this summer for $57,900 (which is about 38% less than the MSRP) so
1. What is a good deal in terms of price on a class C like Winnebago, etc?
2. I am seeing people selling their used 22m's for more that $60,000 and higher. Did they just buy to high and are trying to recoup some of their money or trying to make money on the deal?
3. What is the depreciation on a New Class C each year, I have figures like after 1 year 20.5%; after two years a total of 23.25%; after 3 years 28.33%; after 4 years 32.17%
so in my 22m example if you got 30% off MSRP cost would be $66,115 new,
after one year value would be $52,561; after 4 years $44,846.
I know there are a million variables in this.
How close is this to reality in people's experiences?

I know there is a spreadsheet for suggested prices based on years for Lazy Daze Class C coaches out there.

Thanks
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Old 07-13-2019, 12:25 AM   #2
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With an end-of-November factory order on my 2019 Minnie Winnie 22M, I did get a discount of about -25% off MSRP. I was told it was a double-discount from both Ford and Winnebago. My price before sales tax was about $74,000, and that included every option available except the stabilizing jacks. At that time, the only used 22M was about $65,000, and it wasn't an E-450, which I wanted.
I believe your depreciation schedule is correct, and is further proof that one should be sure that they are purchasing the motorhome which properly serves their family needs. Swapping these things out after just one year is very costly.
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Old 07-13-2019, 09:54 AM   #3
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Quote:
2. I am seeing people selling their used 22m's for more that $60,000 and higher. Did they just buy to high and are trying to recoup some of their money or trying to make money on the deal?
You're seeing them asking for more than $60k. That's a big difference from actually selling for more than $60k. And yes, they either have a large, outstanding loan to pay off or otherwise are trying to get as much as possible.
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Old 07-13-2019, 10:50 AM   #4
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I think that a 38% discount is pretty unusual. It has to be that the unit has been on the lot for a lengthy period, and new RVs a model year newer coming in, or perhaps a gimmick price to get people in the door. "Oh, sorry, that model has been sold but we have some other great deals here. Why not come in and see."

A more common discount on a new purchase is between 25% and 33%.

And depreciation? It's got to be 50% off of MSRP as soon as you drive off the lot.

Buy a $100,000 Class C for $75,000 (25% discount) and drive it for a year and see how hard you have to fight to get a $50,000 trade in on a newer RV. You might be able to get that $60,000 for it in a private sale... maybe.
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Old 07-30-2019, 03:47 PM   #5
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Best thing is just buy a last year's model sitting on a dealer's lot. I would walk for anything less than a 42% discount off MSRP. Expect to buy for 32-35% off current model.
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Old 09-16-2019, 10:01 AM   #6
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What should I expect to pay for a used 2016 24J

What would you expect is a fair price to pay for a 2016 24j with 32000 miles.
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Old 09-16-2019, 01:33 PM   #7
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When I bought 3 years ago (new Minnie Winnie 31D), my target was 25% off of MSRP. I found the unit after a dealer show in the Fall and offered 75% of sticker, no dickering. The dealer accepted my offer.

2 big things have changed since then...the market for RVs is softening (see article in Bloomberg today) and Trumps Tariffs are increasing costs for manufacturers.

The BIG thing as stated earlier is to land the RV that will meet your needs for years (decades) to come. I'm now in a unit (4th RV) that I am very satisfied and comfortable with and will sail into retirement with. As far as how fast it depreciates, the answer is FAST! But as long as the unit holds up and serves it's purpose, it becomes a moot point.

If a person has all their ducks in a row, I don't see a problem with financing part of the purchase.
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Old 09-18-2019, 07:39 AM   #8
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The depreciation table I use is as follows: Selling price minus 7% for one year. 5% depreciation for each subsequent year. This formula works for class As but it might be higher for class Cs. The key is to start at actual selling price, not MSRP.
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