Lance Lance 1062 vs Palomino By Forest River 383FB — Depreciation Comparison

Lance Lance 1062 vs Palomino By Forest River 383FB: 5-year value retention (52% vs 52%), resale value, and cost of ownership head-to-head. Lance Lance 1062 holds its value better.

On five-year value retention the Lance Lance 1062 comes out ahead, holding about 52% of its value versus 52% for the Palomino By Forest River 383FB. Over the first five years the Lance Lance 1062 loses roughly $30,005 while the Palomino By Forest River 383FB loses about $53,128 — a gap near $23,123.

First-year drop is the biggest factor: the Lance Lance 1062 sheds about 18% in year one versus 16% for the Palomino By Forest River 383FB. If you buy used, the steeper early drop is what the original owner absorbs.

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