buying an rv; am i missing something
we want to start rving (some camping close to home and maybe one big trip each year where we'd travel a longer distance) and have a limited budget. we have two young children, a family of four. we h...
Forum Discussion
Sea Dog wrote:
Oh, I agree.
My unit is a /93 class c.
The thing is, the Op, says he is on a limited budget,
so in my opinion, being green, jumping into something
where repairs easily mount up to thousands,
is not a wise move!
I agree with that, but being on a limited budget to buy the RV isn't necessarily the same as not having money to make repairs, etc.
My original affordability for a MH was $10K thinking I could finance at least part of it. When I started looking, I found that MHs costing $15K or less were more than 10 years old. My credit union wouldn't give me a loan for anything over 10 years old. So, I had to go with my "limited budget" of $4000 - which I had readily available in cash. However, by paying cash, I had money available each month to make ongoing repairs, updating, and age related maintenance. If I had bought newer, I would have had to make payments and then I wouldn't have had the extra cash each month for repairs, etc.
It's really about understanding your finances well enough to know which route will work best. For some, it's coming up with the initial purchase amount, for others it's not having the extra for repairs.
