Depreciation

Discussion in 'Motorhome Chat' started by ShiftZZ, Jan 24, 2009.

  1. ShiftZZ

    ShiftZZ Funster Life Member

    Joined:
    Feb 19, 2008
    Messages:
    19,821
    Likes Received:
    35,895
    Location:
    Leicestershire
    Does anyone know what is the depreciation rate on Mohothomes?

    Regards

    ShiftZZ
     
  2. Terry

    Terry Funster

    Joined:
    Dec 27, 2007
    Messages:
    10,722
    Likes Received:
    6,224
    Location:
    South yorks
    :Rofl1: A lot higher than this time last year :Rofl1::Rofl1:
    terry
    edit -- I would estimate 20 % first yr then 10 % of remainder every yr after
     
    Last edited: Jan 24, 2009
  3. dshague

    dshague Funster

    Joined:
    Aug 22, 2007
    Messages:
    904
    Likes Received:
    181
    Location:
    sth yorks
    purchase price less vat less 10 o/o less 10 o/o per year .but a ten year old van that cost
    35k ten years a go can sell at 25k to 18k .all depends on make .:Doh:
     
  4. warwick

    warwick Read Only Funster

    Joined:
    Sep 16, 2008
    Messages:
    113
    Likes Received:
    0
    I was offered 62.5% of the new cost of mine in May 08 against a new van.
    By late Sept 08 I was offered 52.5% by the same salesman however the van we were part exchanging for was also slightly cheaper.
    My own van was just shy of 5 years old when part exchanged in October, I do know the dealership sold the van on with a profit of £4500.
     
  5. Reallyretired

    Reallyretired Funster

    Joined:
    Apr 27, 2008
    Messages:
    5,706
    Likes Received:
    3,211
    Location:
    Eastbourne East Sussex
    By the time the're 15years old they stop depreciating and start going up again due to inflation (when we have it). Just make sure you keep it long enough.:Rofl1:

    I bought my van at a year old and was £13k less than the new model which is about the 20% depreciation mentioned in a previous post.
     
  6. American Dream

    American Dream Read Only Funster

    Joined:
    Aug 20, 2007
    Messages:
    6,489
    Likes Received:
    154
    Location:
    Lincoln
    None on Mine.....:RollEyes::Rofl1:
     
    Last edited: Jan 24, 2009

Share This Page