Second hand price calculator

Discussion in 'Motorhome Chat' started by bigfoot, Sep 21, 2009.

  1. bigfoot

    bigfoot Funster

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    As a rule of thumb how can you work out the second hand or p/x price of a motorhome from new?
    I assume that the most is lost in the first year,I had been told it was the vat.But if this is the case howis the annual depreciation worked out.
     
  2. pappajohn

    pappajohn Funster Life Member

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    no calculations needed....

    it appears to be whatever the market will stand:RollEyes:
     
  3. Bryan

    Bryan Read Only Funster

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    Totally agree :thumb:
     
  4. Johns_Cross_Motorhomes

    Johns_Cross_Motorhomes Trader - Motorhome & Accessory Sales

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    Its basically like all things, whether they be MH's, Caravans, cars, TV's or whatever.

    Take 15% VAT off new price and then at least 10% first year.

    Peter
     
  5. Geo

    Geo Trader - Funster

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    25%loss in year1 and about 10% per year thereafter:cry:
     
  6. andyman

    andyman Read Only Funster

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    Ditto what Geo says above.

    Andy
     
  7. 6pm Cowboy

    6pm Cowboy Read Only Funster

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    So will someone pay me to take their 8 year old van away ?
     
  8. Wildman

    Wildman Read Only Funster

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    for clarification that is 10% of the remaining value but at what point does it start to rise again, what age? my merc is 28 years old now milage under 100K how do I estimate a value on that?
     
  9. Geo

    Geo Trader - Funster

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    I would suggest that after year 5 or 6 the losses slow down slightly untill about year 9 or 10, when it then drops out of the classes guide much the same as cars do
    after 10 years old they enter a pricing structure purly based on contition, milage, desireability, as someone said earlier you then get what you can for it and what the market will stand.
    On a vehicle the age of yours the sensible option would be an agreed value with your insurers, other wise risk being offerd a very silly amount if you suffer a total loss
    Im not aware of any Motorhome going up in value apart from real classics that have been fully restored to as new condition, even then they dont return what they actually cost to restore:Doh:
    Geo
    As for someone paying to have their 8 year old van taken away
    I just knew there would be a calculation like that-----------In Yer Dreams:RollEyes:
    Geo
     
  10. Johns_Cross_Motorhomes

    Johns_Cross_Motorhomes Trader - Motorhome & Accessory Sales

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    Hi Roger,

    How much did it cost 28 years ago that is the question!

    Today as a private sale I would guestimate anywhere between £5k - £10k so could be money back based on original price.

    Peter
     
  11. andyman

    andyman Read Only Funster

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    While on the subject of older M/H's. I have often wondered when I have seen something like an mid 90's Autosleeper in good condition priced around £15K how it compares to it's new price. Does anyone know how much a certain make/model was 15 years ago.
    It seems that if you keep your M/H for a long time the depriciation is minimal.

    Andy
     
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