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08-04-2013, 06:54 PM
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#1
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Member
Join Date: Jun 2013
Posts: 64
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Depreciation
We just talked to a dealer about trading our 2013 grey wolf 29bh and they offered us $7000.00 less than what we paid for it. It is only 1 year old. Does that seem like too much depreciation?
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08-04-2013, 06:55 PM
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#2
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Senior Member
Join Date: Sep 2012
Location: Walkertown, NC
Posts: 335
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That's about the same amount as we were offered on our TT when we looked at our first 5ver, around 25% first year.
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08-04-2013, 09:08 PM
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#3
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Senior Member
Join Date: Feb 2012
Location: Wisconsin
Posts: 13,729
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I know it sucks but like a car or truck the minute you drive it off the lot you start losing $.
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08-04-2013, 09:38 PM
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#4
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Camper Less Camping
Join Date: Apr 2012
Location: NW
Posts: 3,642
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Yep...welcome to the awful world of depreciation!
It's great to buy new BUT you have to be willing to keep it for 3 years or longer to break even selling it yourself (most of the time, Dealer trade will always be a loss) depending on the type of RV you have.
__________________
2013 Sabre 32RCTS-6 (sold)
Family of 4 whose always on the GEAUX!
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08-04-2013, 09:45 PM
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#5
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Site Team
Join Date: Nov 2010
Location: Northeast Louisiana
Posts: 33,917
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This topic reminds me of one of my favorite Joe Schmidt's drawings from his Winding Road's cartoon strips:
__________________
 2011 Flagstaff 831 RLBSS
A 72 hour hold in a psych unit is beginning to intrigue me as a potential vacation opportunity.
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08-05-2013, 06:23 AM
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#6
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Camper Less Camping
Join Date: Apr 2012
Location: NW
Posts: 3,642
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Quote:
Originally Posted by wmtire
This topic reminds me of one of my favorite Joe Schmidt's drawings from his Winding Road's cartoon strips:
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LOL....but sadly true /;(............
__________________
2013 Sabre 32RCTS-6 (sold)
Family of 4 whose always on the GEAUX!
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08-05-2013, 08:12 AM
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#7
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Senior Member
Join Date: Jun 2013
Location: Nebraska
Posts: 630
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A lot of it will depend if they have the same model still new on the lot or not! My folks traded theirs a 2012 grey wolf something or another for a columbus 5er and only got cut $1,500. When we tried to trade our which we bought a few months after their first one ( a grey wolf 26dbh) we were going to get socked $7,000 like you said but they had about 8 of the same thing already on their lot!
Fortunately but not we had all sorts of issues with ours, some of which I felt jeopardized the safety while towing the unit. With said issues they gave us $5,000 more for the one we traded and $5,000 off the current one we have... we sort of lucked out in our trade...
Sad thing is, I told them I didn't want the trailer back due to the issues I was having with the previous one, axle alignment was WAY off due to the brackets being welded in wrong location, and a number of others. The dealer sold the trailer before I even had time to get all of my stuff out of the old one and into the new one at their lot! They said they notified the new owner of the issues, but I am highly doubting that!
__________________
TV- 2015 Ram 2500 CCLB 6.7 Cummins 3.42 gears
Camper - 2015 Saber 322BHTS
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08-05-2013, 08:36 AM
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#8
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Senior Member
Join Date: Jun 2011
Location: Rio Grande Valley Texas
Posts: 362
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YUP, I think RV depreciation is worse than a car.
__________________
__________________________________
Ruben Zamora
2007 Silverado 2500HD 4x4 Dmax/Allison, 4" Exhaust-no cat-no muffler
2012 Palomino Puma 23FB
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08-05-2013, 01:36 PM
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#9
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Senior Member
Join Date: Jul 2010
Posts: 467
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no depreciation here, traded my Airstream for a 36 RE, traded my 36RE for my Ridgeview, traded my Ridgeview for a 36 CKTS, traded my 36 CKTs for my present Aviator wright flyer and now have a trailer that I owe so much on that my grandkids better like camping when there 50
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08-05-2013, 01:48 PM
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#10
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Senior Member
Join Date: Jun 2013
Location: Dillsburg, PA
Posts: 308
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Quote:
Originally Posted by bob34787
no depreciation here, traded my Airstream for a 36 RE, traded my 36RE for my Ridgeview, traded my Ridgeview for a 36 CKTS, traded my 36 CKTs for my present Aviator wright flyer and now have a trailer that I owe so much on that my grandkids better like camping when there 50
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__________________
2013 Rockwood Mini 2503S
2011 Chevrolet Silverado 1500 5.3L
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08-05-2013, 02:14 PM
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#11
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Camper Less Camping
Join Date: Apr 2012
Location: NW
Posts: 3,642
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Quote:
Originally Posted by bob34787
no depreciation here, traded my airstream for a 36 re, traded my 36re for my ridgeview, traded my ridgeview for a 36 ckts, traded my 36 ckts for my present aviator wright flyer and now have a trailer that i owe so much on that my grandkids better like camping when there 50
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lmao :d
__________________
2013 Sabre 32RCTS-6 (sold)
Family of 4 whose always on the GEAUX!
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08-05-2013, 08:19 PM
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#12
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Site Team
Join Date: Nov 2010
Location: Northeast Louisiana
Posts: 33,917
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Quote:
Originally Posted by bob34787
no depreciation here, traded my Airstream for a 36 RE, traded my 36RE for my Ridgeview, traded my Ridgeview for a 36 CKTS, traded my 36 CKTs for my present Aviator wright flyer and now have a trailer that I owe so much on that my grandkids better like camping when there 50
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That's too funny
__________________
2011 Flagstaff 831 RLBSS
A 72 hour hold in a psych unit is beginning to intrigue me as a potential vacation opportunity.
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08-09-2013, 11:56 AM
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#13
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Senior Member
Join Date: May 2013
Posts: 116
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$7000 doesn't seem crazy unreasonable. They had to make money on it when they sold it, right? So, let's say they made $2500... and that's not unfair, it's what a business does. Leaves $4500 on the table. When they sell it again, they need to make money on it again, say $2000. Leaves $2500 on the table. When you were looking at campers, if they showed you a new one and a used one that were $2500 difference between them, which would you choose?
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08-10-2013, 01:07 PM
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#14
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Senior Member
Join Date: Mar 2012
Posts: 416
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We bought our 2012 26BH in March of 2012. It was "used" the previous owners took it out a couple times and found it too small for their family of 6. We paid $10,900 for it (with power awning, power tongue and stab jacks), the dealer had ours sitting next to a couple of brand new 2012s, one had all the power goodies and the other was all manual. The new 26BH with power options was $15,500 and the manual one was just over 13,000.
I thought we got a pretty good deal, but I wonder how much the first owner got taken to the cleaners.
__________________
TT-2013 Passport 3220BH
TV-2004 F150 FX4, not exactly stock...
nights camped:
with 2001 Kodiak K215: 2010-10, 2011-12
with 2012 Grey Wolf 26BH: 2012-19, 2013-24, 2014-11, 2015-6
with 2013 Passport: 2015-13, 2016-15 booked
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