Floridastorm wrote:
Thank you so much all for the feedback. Very informative and interesting.
However, there may have been a bit of misinterpretation regarding my inquiry. I was primarily addressing "recoverable" funds.
As an example; One purchases a 10 year old motor home in good shape. One that does not require rebuilding or extensive work. You purchase it for $30,000. You keep it for 10 years, use it for recreation, and then sell it when finished with it for $15,000. (this is just a ballpark example and not an actual). You have recovered half of your investment. In fact, you can even figure, the funds you recovered from the sale, into the total expenses for the motorhome and traveling over a 10 year period.
I also somehow think that, when you consider how much it costs to drive your car on vacation, stay at hotels (sorry, but at my age I don't do Motel 6 and Super 8. Hampton Inns routinely are $100 per day ), 3 meals a day at restaurants (again, I don't do McDonalds), as opposed to driving your motor home, eating the same food, in the motor home, that you would eat at home, and occasionally staying at a medium priced RV park and other times staying at rest stops and big box store parking lots, then I'm wondering how, except for maintenance on the motor home and a little less gas mileage, that traveling in your car could possibly be less expensive.
I do agree, it you purchase a new motor home or one that is less than 5 years old, you will not recoup as much percentage wise that you would with a 10 year old motor home.
Does this add some clarification?
But when you're not on vacation the motorhome is a $30,000 drag on your portfolio. Money that could have been earning interest for you. And when you take it on vacation the car is sitting there doing nothing. If you use the car for work and vacation the purchase cost is always working for you.
Just another way to look at it that may have been mentioned in the previous pages I didn't read...