Trading in a motorhome with water damage
We have a 2007 National Surfside and recently discovered that we incurred some water damage over the bathroom cabinet that is above our toilet. The cabinet had a bunch of mold and is peeling. We then ...
Forum Discussion
I was in a similar situation last year about this time with a travel trailer I had. It was leaking over the slide, the repair estimate was in the $4k range. Paid $18k for the trailer new about 4 years before. While deliberating over what to do, a hailstorm came through and totaled it out. Got $16k from the insurance company. Problem solved!
I was leaning towards trading it in, only because I was wanting a motorhome. I figured I'd just take the loss now and get into what I wanted.
If you're happy with the motorhome and would use it for years to come, then fix it, if you were already thinking about trading it for something else, bite the bullet and take the loss now, fixing the roof probably won't increase its' value enough to cover the repair costs.
I was leaning towards trading it in, only because I was wanting a motorhome. I figured I'd just take the loss now and get into what I wanted.
If you're happy with the motorhome and would use it for years to come, then fix it, if you were already thinking about trading it for something else, bite the bullet and take the loss now, fixing the roof probably won't increase its' value enough to cover the repair costs.
