How old is too old?
We're looking to buy a used motorhome (our first.) I'm leaning toward an older higher-end MH, such as Newmar, in order to get the features we would like within our budget. I would like the MH we b...
Forum Discussion
havasu wrote:
From my experience, when you buy an older MH you have an initial period and expense of 'fixing her up'. That could be 30%-50% of the purchase cost.
. . .
Just to put some numbers to this . . .
I was hoping to spend in the neighborhood of $50 – $60,000, up to maybe $80,000, for the initial purchase. With due diligence on my part before buying, I was hopeful that another $10,000 would easily take care of bringing it up to snuff.
Are you suggesting that I may need to put more like $15,000 to $24,000, or even as much as $40,000 into it for fix-up? Or were you thinking 30% to 50% of a much lower purchase price?
Wayne
