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Originally Posted by webbie64 /img/forum/go_quote.gif
So, Wayne, I take it this is the transportable rig within which you fit the ultraportable - Ariel Atom - rig
It all looks too easy - far easier than getting the perfect portable audio rig
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No doubt about it! The Atom is what prompted all of this motorhome stuff! I was thinking about doing something sensible like having a second home that I could rent out to someone (a friend of some sort) who could also keep an eye on my Atom, Dodge RAM and the 20' enclosed trailer that I use to haul the Atom on longer trips. Maybe somewhere in Tampa.
But then I thought to myself: "What do I know or care about Tampa?" I mean, nothing against Tampa. It's a nice community and a heck of a lot more safe and secure than the other side of South Florida, but it's kind of flat! How many times could I take the Atom out to the hilly areas near Dade City that I've been hearing about. Not that it wouldn't be fun, mind you, but it would be so limited.
Yet, I'd be investing in an appreciating asset and would be making money every month (nice, rational, positive cash flow kind of thing that I've been trained to look for all my life). Lots of plus factors there.
Then the motorhome bug hit and the blasted internet is not your friend when you get a hair brained idea like that! About the only good thing I can think of is that by doing a ton of research on specific companies and reading like mad for several months about the RV market in general, I lucked upon the "truck conversion" segment of the market.
At that point I started looking at companies like Renegade, Showhauler, Optima, NRC, and the like, all of which do things that are quite similar in many ways to Powerhouse, but not exactly. As compared to mass produced Class A motorhomes, the products that these companies make are much more durable, more solidly built, and made to last. As a result, they don't depreciate nearly as fast!
Eventually, I found Powerhouse and knew instantly it was a match. You deal directly with the founder of the company. He's converted about 45 trucks into motorhomes during the past 10 years and does all sorts of innovative things that really sets his product apart. Plus he'e a great guy and someone you feel good about doing business with.
He's never price gouged on his way up, and as a result the cost of "new builds" done by Powerhouse keeps going up each year, meaning that the resale value of the very limited supply of used coaches that they've built will hold their value exceptionally well. In fact, one customer recently sold a 2 year old Powerhouse coach for $50k more than he paid for it because it would cost nearly $100k more to have the same coach built today.
So who knows whether that will hold true for me, but it's a much prettier picture than is being painted across the web on the horrors of trading in a typical Class A motorhome. The typical story is this: the thing is priced at $400k MSPR, but anyone who is in the market for a new motorhome will know that they all sell for 25% off of MSPR. So you buy the thing for $300k. Then 3 years later you decide to sell it, either to cash out, or to upgrade. At that point, pretty much without regard to the make and model or the options that you paid for, or how low the mileage is, it will sell for $200k, if that. That's right! You're talking at least 33% depreciation in 3 years, usually more.
I'm not saying that I'll be immune from this phenomenon, but the coach I'm getting falls into a much narrower market space and the history of this company in particular suggests that the resale value will hold much more firmly than is customary in the more mass produced RVs that are made out of plywood and fiberglass. A lot of them look awesome (inside and out, and especially inside) and some of them are reasonably well built, but with rare exception, they really don't hold their value very well.
I figure that I'll either tire of it after 3-4 years and cash out as best I can, or I'll be ready to upgrade to a 4 slide 52' Powerhouse with all of the whistles and bells and then maybe become a full timer for a while.