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Do travel trailers depreciate like cars?

Will my travel trailer have a lower value over time like my car will? I really want to sell my old travel trailer, but I’m not sure how much I can reasonably ask for it since I’ve had it for a while.

avatar
Liz Jenson · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Yes, your
travel trailer
 will depreciate like cars do. You can expect your brand new travel trailer to depreciate in the following ways over the years:
  • Year 1: 20.50%
  • Year 2: 23.25%
  • Year 3: 28.33%
  • Year 4: 32.17%
  • Year 5: 39.37%
So, when selling your travel trailer, make sure to factor depreciation into your asking price. Otherwise, you might have difficulty finding a willing buyer.
While you’re learning more about travel trailer depreciation rates, why not learn how to save on your car insurance? The
Jerr​​y
 app can help you find the best rates available on the coverage you need in a matter of minutes. Download the app to learn more.
MORE:
Travel trailer insurance, explained
TrailersDepreciation
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