Lurker1
Sep 03, 2016Explorer
Answered: How Much Does a Class A DP Cost?
I often see the question "how much does a motorhome cost" posted on these and other forums, and the provided answers are always lacking. Responses range from "it depends" to "impossible to answer," but rarely is an actual question answered with solid data, which leaves prospective motorhomers unsure.
I'm ready to answer the question. I just lived through two years of owernship, most of which was tremendous, but in the end, the cost drove me away. It really is simply amazing how much money I lost.
Obviously, my experiences are mine, and other experiences will be different. Probably a big part of it is luck of the draw with the motorhome you own (but some expense will happen REGARDLESS of type of motorhome!). Please understand that this post is provided without emotion, simply to let others know how much my motorhome cost me.
Background:
Coach: 2007 Itasca Horizon 40TD with Cummins ISL
Usage: Exercised twice per month religiously. Camped in it ~8 times per year / ~30 days per year / 15,000 miles in total. I meticulously maintained the coach, always performing preventative maintenance and fixing issues promptly at big/legitimate dealers.
Purchase: I bought it following an eight month exhaustive search. I thought I knew what I was doing, and thought I was buying a great quality unit. In hind sight, I think I bought a coach which had been neglected for a long period of time. This undoubtedly contributed to some of maintenance issues.
Depreciation:
Purchased Aug 2014 for $130,000
Sold Aug 2016 for $90,000 (took nearly a year of me trying to get more money, reducing price throughout until it finally sold as a consignment on a CampingWorld lot)
LOSS THROUGH DEPRECIATION: $40,000
Preventive Maintenance:
Tires $5300
Oil ~$800 (genny and engine)
Filters (Air Intake, Water, Air Dryer, Fuel) ~$500
Tranny ~$600
Coolant $0 (not needed in the two years, but that was coming!)
LOSS THROUGH PREVENTATIVE MAINT: $7200
Unscheduled Maintenance (i.e., it broke!):
Rebuild slide mechanism ~$1200
Leaking roof ~$400
New mirror glass ~$400
Transmission wiring issue ~$1100
HGH leveling computer issue $200 (most covered through service contract)
Recliner motor ~$200
I'm sure there's more, but I gave away all my receipts when I sold the coach
LOSS THROUGH UNSCHEDULED MAINTENANCE $3500
Storage Fees:
$100 x 24 months = $2400
Insurance:
$100 x 24 months = $2400
Interest on loan:
Financed $110,000 @ 4.9%
$300 x 24 months = $7200
Hitch install on Jeep Wrangler:
$2200
I'm not counting fuel and camping costs since I don't really consider them part of the loss, but if you do, add them in!
So the totals are:
$40,000 depreciation
$10,700 maintenance
$14,200 misc
Total lost money out of my pocket to own my class A motorhome over the two year period: $64,900
It pains me to look at that. With my coach depreciating at almost $1000 a month, and stuff breaking every time we took it out (it was nine years old, afterall), I made the decision the experience was unaffordable. That's too bad, because we loved using it (when it didn't break). We camped in the Grand Canyon, Fort Wilderness Disney, the Rockies, Key West, and Pt Reyes National Seashore, among many other tremendous places.
Good luck to anyone considering a DP! I hope my experiences help some of you figure out if you can afford the lifestyle.
I'm ready to answer the question. I just lived through two years of owernship, most of which was tremendous, but in the end, the cost drove me away. It really is simply amazing how much money I lost.
Obviously, my experiences are mine, and other experiences will be different. Probably a big part of it is luck of the draw with the motorhome you own (but some expense will happen REGARDLESS of type of motorhome!). Please understand that this post is provided without emotion, simply to let others know how much my motorhome cost me.
Background:
Coach: 2007 Itasca Horizon 40TD with Cummins ISL
Usage: Exercised twice per month religiously. Camped in it ~8 times per year / ~30 days per year / 15,000 miles in total. I meticulously maintained the coach, always performing preventative maintenance and fixing issues promptly at big/legitimate dealers.
Purchase: I bought it following an eight month exhaustive search. I thought I knew what I was doing, and thought I was buying a great quality unit. In hind sight, I think I bought a coach which had been neglected for a long period of time. This undoubtedly contributed to some of maintenance issues.
Depreciation:
Purchased Aug 2014 for $130,000
Sold Aug 2016 for $90,000 (took nearly a year of me trying to get more money, reducing price throughout until it finally sold as a consignment on a CampingWorld lot)
LOSS THROUGH DEPRECIATION: $40,000
Preventive Maintenance:
Tires $5300
Oil ~$800 (genny and engine)
Filters (Air Intake, Water, Air Dryer, Fuel) ~$500
Tranny ~$600
Coolant $0 (not needed in the two years, but that was coming!)
LOSS THROUGH PREVENTATIVE MAINT: $7200
Unscheduled Maintenance (i.e., it broke!):
Rebuild slide mechanism ~$1200
Leaking roof ~$400
New mirror glass ~$400
Transmission wiring issue ~$1100
HGH leveling computer issue $200 (most covered through service contract)
Recliner motor ~$200
I'm sure there's more, but I gave away all my receipts when I sold the coach
LOSS THROUGH UNSCHEDULED MAINTENANCE $3500
Storage Fees:
$100 x 24 months = $2400
Insurance:
$100 x 24 months = $2400
Interest on loan:
Financed $110,000 @ 4.9%
$300 x 24 months = $7200
Hitch install on Jeep Wrangler:
$2200
I'm not counting fuel and camping costs since I don't really consider them part of the loss, but if you do, add them in!
So the totals are:
$40,000 depreciation
$10,700 maintenance
$14,200 misc
Total lost money out of my pocket to own my class A motorhome over the two year period: $64,900
It pains me to look at that. With my coach depreciating at almost $1000 a month, and stuff breaking every time we took it out (it was nine years old, afterall), I made the decision the experience was unaffordable. That's too bad, because we loved using it (when it didn't break). We camped in the Grand Canyon, Fort Wilderness Disney, the Rockies, Key West, and Pt Reyes National Seashore, among many other tremendous places.
Good luck to anyone considering a DP! I hope my experiences help some of you figure out if you can afford the lifestyle.