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Thread: Never buy new again
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02-22-2021, 11:08 AM #1
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Never buy new again
Bought a solitude 377 MB brand new in 2017. It was like almost 80 thousand dollars. Here we are less than 4 years later and I can't even get half that on a trade in or selling privately In excellent condition mind you. I thought because I was buying one of the best 5th wheels in GD it would have a better resale value. GD is not any different than any other RV company. For the amount of money you pay you would think they would be better built. Save your self a lot money and buy a used RV and let the person who bought it new take the loss.
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02-22-2021, 11:26 AM #2
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That's got nothing to do with it being a Grand Design product. The 4 yr residual value on an F150 leased new is in the 40 - 45% range and that's on the best selling vehicle of any kind for over 40 years in a row. It's normal depreciation for any vehicle, car, truck, or RV.
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Jeff
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03-03-2021, 03:21 PM #3
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Totally agree. If you want resell value to go up buy LAND. Just say'n........
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03-03-2021, 03:37 PM #4
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03-03-2021, 04:48 PM #5
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Gary, "YOU THE MAN" excellent advice for those that will hear it!
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03-03-2021, 03:40 PM #6
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03-03-2021, 05:04 PM #7
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Land doesn't always go up. Back in the early 80's I bought a 3200sq ft house on 45 acres which backed up to Chugach State Park outside of Anchorage. I paid 33 cents on the dollar as the owner walked away from the mortgage when the real estate market did a nuclear crater. Depends on what is going on when you buy. I have to admit I sold at a very, very, very nice profit about 12 years later. But it took 12 years to make that profit. Right now the real estate/land market where we have a sticks and bricks has been dead flat for the last 6 years.2020 F-250 XLT SuperCrew 7.3L Blue Ox SwayPro, 2020 Imagine 2600RB,
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03-03-2021, 06:16 PM #8
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well my 13 Tundra on trade brought in exactly what I paid for it and I still got a 11% discount in my 18 Tundra.
I did get a decent discount in 13 also when I bought it.
Seems like statistics I have seen rate Tacoma and Tundra as higher residual than the 150.
Tim in NC
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03-04-2021, 03:20 PM #9
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I disagree re: truck depreciation.
Dealer gave me 55k on my 2017 F250 Lariat just last weekend.
Diesels hold their value.2018 Solitude 310GK
2021 F350 6.7 Diesel Platinum SRW 4X4
Curt Q20 Slider
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03-04-2021, 03:27 PM #10
What changed for the new GD...
Today, 03:31 PM in General Discussion