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Coachmen by Forest River 23 LT keeps an estimated 60% of its value after 5 years — #1922 of 5706 RVs & trailers VINdown tracks.
Per VINdown's modeling, the Coachmen by Forest River 23 LT retains an estimated 60% of its value after five years, ranking #1922 of 5706 RVs & trailers we track. That is 5 points above the 55% five-year average for Travel Trailer in its class, so it holds value better than most rivals.
Most of the loss lands early: the Coachmen by Forest River 23 LT sheds about 18% of its value in year one alone. From roughly $44,791 it falls to around $26,919 by year five — a five-year loss near $17,872, about $9.79 a day in depreciation.
Because the steepest drop hits around year 1, a lightly-used Coachmen by Forest River 23 LT 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 60% of its value after five years — better than most among the 5706 RVs & trailers VINdown tracks (ranked #1922).
From about $44,791 when new it drops to roughly $26,919 after five years — a loss near $17,872 (60% 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.