Discussion in 'Motorhome Chat' started by ShiftZZ, Jan 24, 2009.
Does anyone know what is the depreciation rate on Mohothomes?
A lot higher than this time last year
edit -- I would estimate 20 % first yr then 10 % of remainder every yr after
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 .oh:
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.
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.
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.
None on Mine.....
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