mark5w wrote:
Allworth wrote:
It is too bad that more people cannot look at TOTAL cost of ownership rather than just the monthly payment.
With the price of Rv's today looking at monthly payments is the way many can afford them. They still look at the TOTAL cost of ownership but in an affordable way. Maybe you can but not everyone can put aside money for repairs so they do the next best thing they could afford.
Most people would not own RV's if they couldn't finance them. Same as with cars and homes. No matter what it is, if you finance it, it's not an ideal "total cost of ownership". Financing a $200,000 home for 30 years will end up costing you somewhere between $400,000-500,000 depending on down payment (if any) and finance rate.