It hasn't always been that way....RV's have traditionally been depreciation pits. If you'd tried to sell that 2006 trailer in, say, 2016 as a 10 year old used RV you'd not likely have seen that sort of money.
Covid has dramatically changed things. Here's a trailer we owned in 2007. Paid $3000 for it, I still remember writing that cheque as it was the "return to the world of camping" for me and the family and I was super hyped..
View attachment 46701
Sold it for about what we paid for it a few years later, it had bottomed out in depreciation as a 10 year old trailer at that point we bought it and hadn't gone down any further. Called it good and was pretty happy with that outcome honestly. It was probably a $12-$15K trailer when it was new.
Today, that exact same trailer would probably fetch $5000-$7000 even though it's 13 years older again. People are falling over themselves to buy any trailer in the under $7-8K category. Even more so in the ultralight category that people can pull with their Prius or whatever. That trailer above weighed about 3000# empty so even a grocery getter half ton could pull it. My dually wasn't sweating lol.
Covid really tweaked the market last year where people were desperate to just so
something with their summer, and RV's had a massive resurgence, especially the used market.
