Looking to purchase another DP in the next year. Trying to take my time, look at what's out there. I purchased a new lower end Coachmen Cross Country DP in 2002 then life with kids prevented us from going as much so I sold it. I fixed it it up with all the bells and whistles, like outdoor tv, motion satellite, ect... that I could and really had a great time. Now some 15 years later I'm pondering an early retirement and I'm feeling the itch again. Sometime in 2018 I think I'll be making the purchase unless I run across a deal I can't refuse. ;D
I'm looking in the $100k-150k range. I can go higher to get the right thing, but definitely not over $200k because we will only be taking weekend trips with a few long trips per year to see our great country. My wife likes new and I'm again questioning NEW vs USED. I know the fact is that a 1-2 year old pre-owned coach will have had some of the kinks worked out and could really be a great deal.
This leads me to my question:
It seems every dealership will gladly discount the MSRP by 25-30%. In reading lots of these threads on the forums I see a lot of folks claiming that buying used is better because the buyer takes the hit on depreciation by another 25-40% after that 1st year. Really??? Is this 25-40% typically off the true selling price they paid for the new coach or is this 25-40% depreciation off the original MSRP???
Case in point: I've been looking at some 2016 Fleetwood Excursion 35B (love that floorplan). The MSRP was around $200-220k, putting most selling NEW around $150-165k. So looking at that coach now a year or more later considering further depreciation shouldn't this coach be in the $110-125k range, give or take a few$$$. I'm not seeing that rate of depreciation when looking online. Maybe it's the time of year - summer, but I'm seeing 2016 models still in the $140-150k range. I'm not sold on this make/model mind you, but it's one I've got my eye on. I'm seeing similar lacks of depreciation in other models as well. Someone please help me with my thinking on this.
If the DP are holding value that well then the case could be made that buying new may be better, right? Just would like some input from you guys.
Thanks in advance for the guidance and wisdom.
I'm looking in the $100k-150k range. I can go higher to get the right thing, but definitely not over $200k because we will only be taking weekend trips with a few long trips per year to see our great country. My wife likes new and I'm again questioning NEW vs USED. I know the fact is that a 1-2 year old pre-owned coach will have had some of the kinks worked out and could really be a great deal.
This leads me to my question:
It seems every dealership will gladly discount the MSRP by 25-30%. In reading lots of these threads on the forums I see a lot of folks claiming that buying used is better because the buyer takes the hit on depreciation by another 25-40% after that 1st year. Really??? Is this 25-40% typically off the true selling price they paid for the new coach or is this 25-40% depreciation off the original MSRP???
Case in point: I've been looking at some 2016 Fleetwood Excursion 35B (love that floorplan). The MSRP was around $200-220k, putting most selling NEW around $150-165k. So looking at that coach now a year or more later considering further depreciation shouldn't this coach be in the $110-125k range, give or take a few$$$. I'm not seeing that rate of depreciation when looking online. Maybe it's the time of year - summer, but I'm seeing 2016 models still in the $140-150k range. I'm not sold on this make/model mind you, but it's one I've got my eye on. I'm seeing similar lacks of depreciation in other models as well. Someone please help me with my thinking on this.
If the DP are holding value that well then the case could be made that buying new may be better, right? Just would like some input from you guys.
Thanks in advance for the guidance and wisdom.