Thread: Bed Weight
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Old 10-11-2006, 12:13 PM   #7
fcatwo
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Join Date: Oct 2003
Location: Anacortes. Wa
Posts: 396
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I've read that RVs in general depreciate 2% of their "current" value each month and most of the first year's depreciation occurs the day you drive/tow it off the lot. Minimum down payments often cover no more than the sales tax, registration etc that is added on the top so a negative equity situation is inevitable durine the early years of ownership in most cases. TM's are easy to sell by owners to private individuals but only at depreciated bargain prices.

A Ford dealer I know said the ADM (additional dealer markup) sticker on the window of their new cars is there so they can swing a deal with people who owe more on their trade-in than it is worth so it doesn't just happen with RVs.
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Frank
Former 2002 TM2619 Owner
2005 Toyota Tundra AC 4X2
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