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Cherokee by Forest River 23MK keeps an estimated 52% of its value after 5 years — #3546 of 5706 RVs & trailers VINdown tracks.
Per VINdown's modeling, the Cherokee by Forest River 23MK retains an estimated 52% of its value after five years, ranking #3546 of 5706 RVs & trailers we track. That trails the 55% five-year average for Travel Trailer in its class by 3 points, so it depreciates faster than most rivals.
Most of the loss lands early: the Cherokee by Forest River 23MK sheds about 13% of its value in year one alone. From roughly $36,099 it falls to around $23,251 by year five — a five-year loss near $12,848, about $7.04 a day in depreciation.
Because the steepest drop hits around year 1, a lightly-used Cherokee by Forest River 23MK bought at 1 year old lets the first owner absorb the worst of the depreciation while the curve flattens — usually the value sweet spot. Explore the full year-by-year curve, trims, and true cost of ownership in the Model Lab above.
It keeps an estimated 52% of its value after five years — worse than most among the 5706 RVs & trailers VINdown tracks (ranked #3546).
From about $36,099 when new it drops to roughly $23,251 after five years — a loss near $12,848 (52% of its value retained).
Around 1 year old: that is just past the steepest depreciation, so you skip the biggest drop while the value curve is flattening.