Forum Discussion
msmith1199
Aug 24, 2017Explorer II
qtla9111 wrote:
I boondock with 40 gallons of fresh water. Two of us can go for 7 to 10 and that includes bathing, not long showers, but getting clean everyday.
The big difference between a TT and a Class A is about $100,000. With that in mind it's worth it for me to get out and level and chock.
OTOH, TTs now come with electric levelers as well. Depends on your priorities.
$100k is kind of subjective. When I started looking at getting an RV I looked at both, and in my situation a motorhome was actually cheaper. Maybe not in the long run cheaper, but in the initial purchase cheaper.
I don't often buy used things so I was looking at something new. I ended up paying around $150k for my DP. I put a chunk of money down and got a long loan. The interest on that entire loan payment is tax deductible as a second home and the interest rate was much better than I could have got on a pickup at the time.
Now if I wanted to go with TT or 5th wheel, first thing I needed was a truck to pull it. So comparing apples to apples that would mean a nice big diesel engine 3/4 ton truck. I forget the prices back then, but I bet they were pushing up to $50k. And again comparing apples to apples to get a trailer that is at least 32' or so long with the same space as my motorhome and three slides, probably $35k to $40k. (we are talking 10 years ago).
So by the time I bought a truck with a 6 or 7 year loan that is not tax deductible, and a trailer with a 15 year loan that does have some tax deductions, my overall payment was more than the motorhome.
Now what would change all this is if I had another need for a 3/4 ton diesel pickup. Basically if you already have the truck because you're a farmer or it's a work truck then financially it's a no brainer to get a TT, assuming finances is your main concern. But for me I didn't have a big truck, I didn't want a big truck as a daily driver, so a motorhome made financial sense.
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