MickiJeana wrote:
I have a window of opportunity to be without a home, and travel while I work, from August to May 2018. Want to live in something like a 25' Winnebago Spirit and travel around the US. I would work out of my 'home'. After August would want to sell my RV, if I chose to buy one. Question is: should I buy a used RV or try to find a long term rental? I am a total newbie.
OK..in all honesty I think you are the only one who can answer this question since none of us knows what your mechanical skills are.
First, I would contact rental firms in my area. Count on paying a minimum of $100 per day and an additional $300.00-$400.00 for every 1,000 miles you travel. Renting it w/o fee added furnishings (linens, towels, dishes, etc) will lower your costs. You may find that the daily rate and mileage fee will go down for a long term rental. No need to figure out gas costs since it will be the same whether you rent or buy.
Second, price out a comparable used RV to the one you could rent, have it gone over by an independent qualified mechanic, and then compare prices with the rental costs subtracting the future resale price. You might even be able to buy a used camper from the rental company.
Since you are planning to work out of your unit check with your accountant and see if there are any tax benefits to either scheme.
Whatever option you take have fun out there.