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Cherokee by Forest River 23PACK15 keeps an estimated 56% of its value after 5 years — #2583 of 5706 RVs & trailers VINdown tracks.
Per VINdown's modeling, the Cherokee by Forest River 23PACK15 retains an estimated 56% of its value after five years, ranking #2583 of 5706 RVs & trailers we track. That is roughly in line with the 55% five-year average for Travel Trailer in its class.
Most of the loss lands early: the Cherokee by Forest River 23PACK15 sheds about 13% of its value in year one alone. From roughly $78,954 it falls to around $44,609 by year five — a five-year loss near $34,345, about $18.82 a day in depreciation.
Because the steepest drop hits around year 3, a lightly-used Cherokee by Forest River 23PACK15 bought at 3 years 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 56% of its value after five years — better than most among the 5706 RVs & trailers VINdown tracks (ranked #2583).
From about $78,954 when new it drops to roughly $44,609 after five years — a loss near $34,345 (56% of its value retained).
Around 3 years old: that is just past the steepest depreciation, so you skip the biggest drop while the value curve is flattening.