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 > Class A prices dropping??

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StephJohn2010

Black Hills, South Dakota

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Posted: 05/30/18 10:48am Link  |  Quote  |  Print  |  Notify Moderator

I've been keeping track of the value of my motorhome for fun the past few years. In the last 6 months (in particular), the prices have been dropping HARD. Anyone else noticing this? I'm not interested in selling, but like to keep a pulse on the value. No need for replies telling me how an Rv is a depreciating asset, I already know that... Just surprised at the very rapid drop the past 6 months.


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Lwiddis

El Pueblo Señora la Reina de los Ángeles

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Posted: 05/30/18 11:07am Link  |  Quote  |  Print  |  Notify Moderator

Interesting. Please keep watching and reporting.


2015 Winnebago 2101DS TT & Tahoe LTZ, 300 watts WindyNation solar-parallel & MPPT, Trojan T-125s. TALL flagpole for US flag. Prefer USFS, COE, BLM, NPS, TVA, USF&WS, state & county camps. Bicyclist! 14 year Army vet - 11B40 then 11A - old MOS 1542 & 1560.

janstey58

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Posted: 05/30/18 11:08am Link  |  Quote  |  Print  |  Notify Moderator

Just checked mine after 1.5 years of ownership, and mine is selling pretty close to what I purchased at.


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btilfan

springfield NE

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Posted: 05/30/18 12:02pm Link  |  Quote  |  Print  |  Notify Moderator

I have noticed a drop


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BB_TX

McKinney, Texas

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Posted: 05/30/18 12:21pm Link  |  Quote  |  Print  |  Notify Moderator

Huge new yearly sales numbers. Means many more used units hitting the lots. Increased used inventory means dropping prices. The old supply and demand thing.

Dog Trainer

Richmond Mi.

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Posted: 05/30/18 01:35pm Link  |  Quote  |  Print  |  Notify Moderator

At one point in early Feb. I was at an RV show and heard the comment made that 2017 was the best sales year ever for RV's. If that statement is true then it might mean that many people traded up and there is an abundance of used stock driving down prices based on supply and demand.
just making a hunch here.


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2oldman

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Posted: 05/30/18 02:37pm Link  |  Quote  |  Print  |  Notify Moderator

I believe that as many as 50% of the newly-sold RVs will be on the market soon due to people getting lazy and realizing RVing is a lot more work than they expected.

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Posted: 05/30/18 03:09pm Link  |  Quote  |  Print  |  Notify Moderator

StephJohn2010 wrote:

I've been keeping track of the value of my motorhome for fun the past few years. In the last 6 months (in particular), the prices have been dropping HARD.


I see that too, snif


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Ivylog

Blairsville, GA and WPB, FL.

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Posted: 05/30/18 04:09pm Link  |  Quote  |  Print  |  Notify Moderator

When I titled my new ride the valve they came up with was $50k more than what I paid for it and closer to what others are asking for 07 and 08 rigs. Mine had been for sale for 6 months and they took my cash offer.


This post is my opinion (free advice). It is not intended to influence anyone's judgment nor do I advocate anyone do what I propose.

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Bruce Brown

Northern NY

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Posted: 05/30/18 08:27pm Link  |  Quote  |  Print  |  Notify Moderator

StephJohn2010 wrote:

I've been keeping track of the value of my motorhome for fun the past few years. In the last 6 months (in particular), the prices have been dropping HARD. Anyone else noticing this? I'm not interested in selling, but like to keep a pulse on the value. No need for replies telling me how an Rv is a depreciating asset, I already know that... Just surprised at the very rapid drop the past 6 months.


Yours being a 2012, it has just passed the 5 year mark - that's a big deal with the banks. The next big hit will be at the 10 year mark.

Most people don't pay cash, so when the banks get a little shy the value drops quickly.


There are 24 hours in every day - it all depends on how you choose to use them.
Bruce & Jill Brown
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