Last Updated on Understanding motorhome depreciation is essential for anyone buying or selling a motorhome. Depreciation refers to the gradual loss of value over time, influenced by factors like age, usage, and market trends. With the right strategies, you can minimise depreciation and make informed decisions about your motorhome investment.
This guide explores the factors that impact depreciation, how to calculate it, and practical steps to slow it down. Whether you’re buying your first motorhome or considering selling, you’ll find actionable advice to help you maximise value and make confident choices.
What Is Depreciation?
Depreciation is the decline in a motorhome’s value over time due to factors like age, condition, and market demand. If you’re wondering ‘do motorhomes depreciate in value’, the answer is yes, and new motorhomes lose value faster than used ones, with the steepest depreciation occurring within the first few years. Understanding how and why depreciation happens can help you protect your investment and plan for resale.
Several factors influence depreciation and the cost of motorhomes, including the type of motorhome, the condition it’s kept in, and external factors like market trends. By paying attention to these details, you can slow the rate of depreciation and maintain the motorhome’s value for longer.
What Factors Affect The Depreciation Of Motorhomes?
Several factors play a role in determining how much your motorhome will depreciate. From physical condition to market dynamics, each factor impacts resale value differently.
1. Condition Of The Vehicle
A motorhome in excellent condition retains its value better than one with visible wear and tear. Regular motorhome maintenance and addressing minor issues before they become major problems can help maintain your motorhome’s value. Buyers place a premium on well-kept vehicles that are mechanically sound and visually appealing.
2. Usage
How often and intensively a motorhome is used affects its depreciation rate. A vehicle with lower mileage and less frequent use will hold its value better than one that’s heavily travelled. However, consistent maintenance is crucial to ensure even lightly used motorhomes remain in good condition.
3. Brand And Model
Renowned brands like Hymer, Volkswagen, and Airstream hold their value better due to their reputation for quality and reliability. Lesser-known or budget campervan brands may depreciate faster as they are less in demand. Researching brand reputation can help you make a smarter purchase decision.
4. Chassis And Body
The chassis and body of a motorhome significantly impact its durability and resale value. Models with European or Japanese-built chassis tend to depreciate slower than those with cheaper materials. Always inspect the bodywork for rust, damage, or signs of wear, especially when buying used.
5. Accessories And Add-Ons
Features like solar panels, extra sleeping areas, or automatic gearboxes can make a motorhome more appealing. Well-maintained and high-quality accessories help retain value, while poorly installed or low-spec additions may have the opposite effect. Consider the appeal of your chosen features to future buyers.
6. Market Trends And Fluctuations
Economic changes, fuel prices, and market demand can all impact motorhome depreciation. Periods of high demand, such as post-pandemic domestic travel booms, can slow depreciation. On the other hand, oversupply in the market or economic downturns can accelerate it.
How To Calculate The Depreciation Of Motorhomes?
Calculating depreciation helps you understand how much value a motorhome will lose over time. While exact figures can vary, general depreciation trends provide a useful guide.
How Much Do Motorhomes Depreciate Per Year?
On average, motorhomes lose about 20% of their value in the first year and 10-15% annually after that. Over a decade, most motorhomes depreciate by 60-75% of their original value. This means that a £50,000 motorhome might be worth £12,500-20,000 after ten years.
Depreciation By Motorhome Class
Motorhome annual depreciation varies depending on the class of motorhome, with Class A and Class C models typically retaining value better. These figures highlight the importance of understanding motorhome classes and planning for depreciation when budgeting. The table below provides a breakdown:
| Class | New Price (£) | After 1 Year (£) | After 3 Years (£) | After 5 Years (£) | After 10 Years (£) |
| Class A | £80,000 | £64,000 | £44,000-56,000 | £40,000 | £20,000 |
| Class B | £40,000 | £32,000 | £26,000-28,000 | £20,000-22,000 | £16,000 |
| Class C | £60,000 | £48,000 | £38,000-42,000 | £30,000 | £18,000 |
How To Slow Down The Depreciation Of Motorhomes
While depreciation is inevitable, there are steps you can take to slow it down and retain as much value as possible.
1. Keep Your Motorhome In Excellent Condition
Routine maintenance is key to slowing depreciation. Regularly inspect your motorhome for issues, keep it clean, and address minor problems before they worsen. A well-maintained motorhome is more appealing to buyers and commands a higher resale price.
2. Refurbish Your Motorhome
Upgrading or refurbishing your motorhome can help maintain or even increase its value. Consider adding popular features like solar panels, upgraded kitchen appliances, or modern upholstery. Small investments in refurbishment can make your motorhome stand out in the market.
3. Keep Your Motorhome In Storage
Proper storage protects your motorhome from the elements and reduces wear and tear. Use indoor storage facilities or invest in high-quality covers to protect against UV rays, moisture, and extreme temperatures. Keeping your motorhome in good condition during off-seasons helps slow depreciation.
Is A Motorhome A Good Investment?
Investing in a motorhome offers financial and lifestyle benefits, especially when approached wisely. While motorhomes depreciate, they provide cost savings on accommodation and meals during holidays, offsetting some of the initial expense.
Buying a used motorhome further reduces depreciation costs and offers better long-term value. Whether for personal use or rental income, a well-maintained motorhome can deliver years of enjoyment and practical benefits. Be sure to have a motorhome buying checklist on hand when you’re eyeing out motorhomes so that you know what to look out for.
How To Maximise Resale Value When Selling Your Motorhome
When it’s time to sell, a few simple steps can help you get the best possible price. Clean and stage your motorhome to make a great first impression. Provide complete service records and documentation to reassure buyers of the vehicle’s quality and care.
Consider small upgrades or repairs that add value, such as replacing worn upholstery or adding modern conveniences. By presenting a well-maintained motorhome, you’re more likely to attract serious buyers willing to pay a premium.
FAQs
How Much Do New Motorhomes Depreciate In Value?
New motorhomes typically lose 20% of their value in the first year and 10-15% annually after that. By the end of the fourth year, depreciation often totals 40-45%. Understanding these figures helps you plan for long-term ownership costs.
Do Motorhomes Hold Their Value In The Long Term?
Motorhomes retain value better than many other vehicles but still depreciate over time. After three years, most motorhomes hold about 70% of their original value. Regular maintenance and choosing a reputable brand can help slow depreciation.
Which Class Of Motorhomes Hold Their Value Best?
Class C motorhomes tend to hold their value better than other classes due to their balance of size, features, and affordability. Class B motorhomes also perform well, particularly for buyers seeking compact, fuel-efficient options. Both classes are popular in the resale market, contributing to slower depreciation.
How Much Do Class C Motorhomes Depreciate Each Year?
Class C motorhomes typically depreciate by about 8% per year. After five years, the total depreciation is around 38%, making them a solid choice for long-term value. Proper maintenance and care can further reduce annual depreciation rates.
Hello motor homes,
what vehicle is a B class ?
what vehicle is a C class?
I think it would be easier if you use those two questions as a keyword for a Google Search. I think there will be some good explanations out there.
A Class. Looks like a bus front. There is no separation between the cab and the rest of the vehicle – it is all one thing with the same height and width.
Class B is a campervan.
Class C is the traditional Coachbuilt motorhome with the Luton style overhang set on top of the cab, usually with a bed in it. The low profile motorhomes are also included in ‘class C’. They are the ones that look like they had a luton top and somebody flattened it.