Section 49-446, Idaho Code
DEPRECIATION SCHEDULE FOR RVS | ||||
Travel/Camp Trailers | Campers | Van Conversions | Motor Homes | |
Age | Percent Good | Percent Good | Percent Good | Percent Good |
0 | 100 | 100 | 100 | 100 |
1 | 86 | 83 | 85 | 85 |
2 | 76 | 76 | 74 | 77 |
3 | 66 | 64 | 62 | 68 |
4 | 62 | 60 | 52 | 62 |
5 | 59 | 55 | 47 | 59 |
6 | 56 | 54 | 40 | 55 |
7 | 55 | 52 | 35 | 54 |
8 | 50 | 49 | 32 | 51 |
9 | 49 | 44 | 30 | 48 |
10 | 43 | 40 | 27 | 44 |
11 | 41 | 36 | 23 | 40 |
12 | 38 | 33 | 19 | 36 |
13 | 37 | 30 | 14 | 32 |
14 | 36 | 27 | 13 | 31 |
15 | 31 | 23 | 12 | 28 |
To use this depreciation schedule, multiply the sales price or the market value of the RV adjusted by the percentage, if applicable from Subsection 020.02 or 020.03 below, by the appropriate "Percent Good" based on the "Age" and type of RV. Decide the "Age" based on the year of purchase as follows: purchased in the current year equals "Age" zero (0), purchased in the previous year equals "Age" one (1), etc. For example, in year 2004, the "Age" for an RV purchased in 2004 is zero (0), the "Age" for an RV purchased in 2003 is one (1), the "Age" for an RV purchased in 2002 is two (2), the "Age" for an RV purchased in 2001 is three (3), etc. For any RV still in use and purchased fifteen (15) or more years ago, calculate the minimum market value using the lowest depreciation rate for the correct RV type. (3-31-22)
Motor Home/Van Type | Valuation Factor |
Mini Motor Home (MMH) | 50% |
Motor Home (MH) | 60% |
Front Engine Diesel | 45% |
Rear Engine Diesel | 58% |
Van Conversions | 25% |
Multiply the motor home or van conversion's total value by the appropriate factor to calculate the value excluding the chassis value. (3-31-22)
Idaho Admin. Code r. 35.01.03.020