Thinking of Selling, but told prices are dropping like a stone (93 Viewers)

[Sue]

Very depressing..
We are thinking of selling our IH Motorhome… it’s simply time to move on, but we have been told that, although prices went up after covid, they are now dropping like a stone. The market is weak because the future is so uncertain
What does everyone think? Is this your experience?

 

[pappajohn]

The big big thing about today's oil powered motorhomes is that in ten years time they are all going to be worthless.
They can't do anything but go down to scrap price.

But why?
In ten years production of ice vehicles will stop production but diesel and petrol fuel will still be available for years to come.

 

[timetochill]

Interesting we had an iH great pvc and built well very expensive compared to a pvc by eldiss or swift which are not in the same league but look similar
IH PVCs usually sell to an experienced motor-homer in my experience

 

[DandJ]

Bought 2015

Sue, have you actually been given a price for it? If so, how does that compare with what you believed it would be worth at 9yrs old? If not, until you get a price to sell/part ex...it's all purely speculation (or the dealer trying to soften you for a low ball bid?)

 

[AJM2]

The big big thing about today's oil powered motorhomes is that in ten years time they are all going to be worthless.
They can't do anything but go down to scrap price.

Why? Mine isn’t new but it will certainly not be worthless in 10 years time. The one’s bought for £150k today, £0 in 10 years time? No chance imo

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[barryd]

Why? Mine isn’t new but it will certainly not be worthless in 10 years time. The one’s bought for £150k today, £0 in 10 years time? No chance imo

Diesel motorhomes might go up in value if they stop making them. While everyone in electric vehicles is worrying if they will make it to the next charge point or if there will be a two hour wait those of us still driving around in diesels won't care. As we spend 80% of our time off grid, I can't see how an electric motorhome would work for us. Going up the Col du Tourmalet could be interesting in an electric vehicle. I bet it would be flat by the time you get to the top.

 

[gus-lopez]

The big big thing about today's oil powered motorhomes is that in ten years time they are all going to be worthless.
They can't do anything but go down to scrap price.

Not until central heating oil also stops production. Untill all oil sales stop diesels will still be around.

Sales of ALL vehicles to year end of august were down 18,3% on 2023. sales of ev's were 44% less in europe.

 

[Brains]

Why? Mine isn’t new but it will certainly not be worthless in 10 years time. The one’s bought for £150k today, £0 in 10 years time? No chance imo

Remember: Almost no kid at school today will ever own a new vehicle powered by diesel and petrol.

That does not mean todays brand new vehicle will be worthless in 10 years time, but any Diesel powered vehicle will be obsolete in well under 10 years.
Another 10 years beyond that and the number of town restrictions in place limiting entry to EV's will force the old diesel vehicles off the road.

Anyone of us below retirement age will see the last diesels roll off the production line.

Our parents generation will have seen the last steam trains built (March 1960).
The last scheduled steam train was only 8 years later in August 1968.

I remember seeing the last scheduled steam train pass through our local station in 1967.
Todays school kids will remember the last diesel powered public bus, at some point in the 2030's.

 

[Neilh]

We sold ours 3 weeks ago, it was on sale for 5 months, with Motorhome Depot, in the end we finished the contract and sold privately.

We got 4k less than we were hoping and 9k less than MD advised us. My thoughts are that for sure the market value has dropped, from what was an inflated level.

We registered interest in a new one, back in April, we had limited follow up calls until recently, we are now been contacted regularly, but don’t seem keen to offer much of a discount on a Hymer or Carthago, but happy to do so on such as Eldis, Benimar, swift, etc.

 

[Brains]

I can't see how an electric motorhome would work for us. Going up the Col du Tourmalet could be interesting in an electric vehicle. I bet it would be flat by the time you get to the top.

But you can charge up for free all the way down!