| EVALUATION OF OWNERSHIP COST | OF NEW VS USED (3 years old) | LUXURY RV | ||||||||||
| CONSTANTS: | DEPRECIATION SCHEDULE | |||||||||||
| Fuel Cost | 1.30 | Year | ||||||||||
| MPG | 7 | 18.00% | 1 | |||||||||
| Insurance Cost per year | 1200 | 10.00% | 2 | |||||||||
| Miles per Year | 25000 | 7.00% | 3 | |||||||||
| Service Cost per 10,000 miles | 400 | 6.00% | 4 | |||||||||
| License Cost per year | 200 | 6.00% | 5 | |||||||||
| Interest Rate | 8.00% | 5.00% | 6 | |||||||||
| Use Days per year | 140 | 5.00% | 7 | |||||||||
| Camping Days per year | 80 | 4.00% | 8 | |||||||||
| Average Camping Cost | 20 | 4.00% | 9 | |||||||||
| New Set of Tires | 2400 | 3.00% | 10 | |||||||||
| Miles per set of Tires | 90000 | 2.00% | 11 | Same for every year after | ||||||||
| Purchase Price | 250000 | |||||||||||
| NEW RV | COST OF | YEARLY | COST | COST | CUMM. | RATIO | ||||||
| FAIR MARKET | $ PLUS | OPERATING | CAMPING | COST TO | PER | PER DAY | COST TO | NEW TO | ||||
| YEARS | PRICE | DEPRECIATION | COST | COST | OWN | MILE | OF USE | OWN | USED | |||
| OWNED | 250000 | |||||||||||
| 1 | 205000 | 65000 | 7710 | 1600 | 74310 | 2.97 | 530.78 | 74310 | 199.17% | |||
| 2 | 180000 | 41400 | 7710 | 1600 | 50710 | 2.03 | 362.21 | 125019 | 170.28% | |||
| 3 | 162500 | 31900 | 7710 | 1600 | 41210 | 1.65 | 294.35 | 166229 | 157.07% | |||
| 4 | 147500 | 28000 | 7710 | 1600 | 37310 | 1.49 | 266.50 | 203538 | 148.31% | |||
| 5 | 132500 | 26800 | 7710 | 1600 | 36110 | 1.44 | 257.93 | 239648 | 145.11% | |||
| 6 | 120000 | 23100 | 7710 | 1600 | 32410 | 1.30 | 231.50 | 272057 | 141.51% | |||
| 7 | 107500 | 22100 | 7710 | 1600 | 31410 | 1.26 | 224.35 | 303467 | 140.45% | |||
| 8 | 97500 | 18600 | 7710 | 1600 | 27910 | 1.12 | 199.35 | 331376 | 139.95% | |||
| 9 | 87500 | 17800 | 7710 | 1600 | 27110 | 1.08 | 193.64 | 358486 | 139.44% | |||
| 10 | 80000 | 14500 | 7710 | 1600 | 23810 | 0.95 | 170.07 | 382295 | 138.02% | |||
| YEARS | USED RV 3 YEARS OLD | |||||||||||
| OWNED | 162500 | |||||||||||
| 1 | 147500 | 28000 | 7710 | 1600 | 37310 | 1.49 | 266.50 | 37310 | 50.21% | |||
| 2 | 132500 | 26800 | 7710 | 1600 | 36110 | 1.44 | 257.93 | 73419 | 58.73% | |||
| 3 | 120000 | 23100 | 7710 | 1600 | 32410 | 1.30 | 231.50 | 105829 | 63.66% | |||
| 4 | 107500 | 22100 | 7710 | 1600 | 31410 | 1.26 | 224.35 | 137238 | 67.43% | |||
| 5 | 97500 | 18600 | 7710 | 1600 | 27910 | 1.12 | 199.35 | 165148 | 68.91% | |||
| 6 | 87500 | 17800 | 7710 | 1600 | 27110 | 1.08 | 193.64 | 192257 | 70.67% | |||
| 7 | 80000 | 14500 | 7710 | 1600 | 23810 | 0.95 | 170.07 | 216067 | 71.20% | |||
| 8 | 75000 | 11400 | 7710 | 1600 | 20710 | 0.83 | 147.93 | 236776 | 71.45% | |||
| 9 | 70000 | 11000 | 7710 | 1600 | 20310 | 0.81 | 145.07 | 257086 | 71.71% | |||
| 10 | 65000 | 10600 | 7710 | 1600 | 19910 | 0.80 | 142.21 | 276995 | 72.46% | |||
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