Use this depreciation calculator to estimate how much your prospective new motorhome will depreciate over the next eight years.
You may already be aware that the value of a new vehicle depreciates each year you own it. However, it was also considered common for the value of a vehicle such as a motorhome to drop at the time of purchase.
If you bought a motorhome during 2020 or 2021, you would’ve noticed a significant price appreciation in your vehicle — potentially by as much as 20 percent.
The cause of this initial increase in value was largely due to an imbalance in the supply and demand of recreational vehicles in New Zealand.
During 2022 and 2023 prices have corrected to reflect this imbalance. However, there are still extraordinary market conditions at play. If you purchased a new motorhome today, you’d most likely see zero percent depreciation on it during your first year of ownership.
After one year, the common trend of ten percent annual depreciation followed by eight percent annual depreciation in subsequent years is still the most probable scenario.
This current situation isn’t expected to change until the flow of new vehicles into New Zealand returns to normal — with supply and demand coming back into balance.
Use our free depreciation calculator to find out how much the motorhome you're interested in will likely depreciate over the next eight years.