How do you decide how much to spend on an RV
We've been RVing for 16-17 years now, and are looking for a new RV, but are struggling on how much we are willing to spend. We are pretty conservative when it comes to spending money. We really ...
Forum Discussion
"My strategy is to buy quality gear used, maintain the heck of of it, and sell for a premium. The depreciation alone of driving a new rig off the lot would far exceed my total net RV outlays."
Your concerned about depreciation because you are looking to sell the day you buy!
Now RV's are a bit different because they are all junk and it's hit or miss if you get a well built model or a clunker.
When it comes to vehicles I have learned to buy new, maintain it and drive it to the wheels fall off. When I get done the vehicle will be well worn with at least 300K on it. I used to by used but I learned what I save in purchase price I lost in premium life of the vehicle. Those first 5 years are generally repair free.
I could not say that when I bought used.
My RV is a 2012. I purchased new. Granted it's an RV so I have had my share of repairs. 90% of the I did myself.
I do not wish I had purchased used to save money. I have the exact RV I wanted. In the exact colors I chose. With the exact features I wanted and none of the features I didn't want. For me the RV experience is not about bang for the buck.
We all have budgets and finances. However every dollar I spend does not have to be done rationally. THere are smart things to do with my money and investments to be made and then there are fun things to do with my money.
Sometimes fun is the only return you get on your money and that's fine with me
Your concerned about depreciation because you are looking to sell the day you buy!
Now RV's are a bit different because they are all junk and it's hit or miss if you get a well built model or a clunker.
When it comes to vehicles I have learned to buy new, maintain it and drive it to the wheels fall off. When I get done the vehicle will be well worn with at least 300K on it. I used to by used but I learned what I save in purchase price I lost in premium life of the vehicle. Those first 5 years are generally repair free.
I could not say that when I bought used.
My RV is a 2012. I purchased new. Granted it's an RV so I have had my share of repairs. 90% of the I did myself.
I do not wish I had purchased used to save money. I have the exact RV I wanted. In the exact colors I chose. With the exact features I wanted and none of the features I didn't want. For me the RV experience is not about bang for the buck.
We all have budgets and finances. However every dollar I spend does not have to be done rationally. THere are smart things to do with my money and investments to be made and then there are fun things to do with my money.
Sometimes fun is the only return you get on your money and that's fine with me
