busmanRG wrote:
Well, I have to say that IMO, most of the comments here did not address the original question. Before I can reply directly to the question, I would have to know the general circumstances of the sale. Are you leaving the RV life? Looking to upgrade? Looking to downsize? Where are you getting your current valuation? A dealer or NADA guides?
If you don't mind sharing some of the above, maybe some of us could give you more direct advice.
Now, for those of you who can only espouse the joys of all cash purchases, understand that many of us could never experience the joys of RV life if we waited for that to happen. Children (sports, band, college) and life sometimes interfere with the opportunity to save to that extent. I'd rather budget in the rv payment and let my family experience nature and quality family time. We made a conscious decision to purchase when we did rather than wait 10 years, then look back and think about the fun we had lost out on over those lost 10 years. Personal decision.
The op stated he is "over his head" and owes more on a rig than it's worth. I sure hope, considering he already admitted he's over his head, that he's not looking to upgrade. That would be complete lunacy.
Yeah, many have stated its best to pay cash on a camper, especially since it really is nothing but a toy. I agree completely and have done this. Before I bought the camper, we tent camped. Guess what? We had just as much fun. Our camper is a small tt just right for the two of us. We could have bought a much bigger rig along with something to tow it with but again, an rv is a toy.
since the ops rig is only a 2012, I wonder what his finances were like when he bought it? Since he owes 30k on it, my guess is he was pretty much over his head when he bought it.
Don't knock the "live within your means" crowd. It works.
