Typical RV annual budget

Crowe hit what I was thinking, excise tax or in some states, registration fees are higher but you should look at what your state charges. Also upfront cost of sales tax.

Excise tax if your state has it.
Tolls should you use that type of road.
Good tool set for miscellaneous repairs.
Potential cost of alternate housing should mh break down.

BUT...

Total cost of MH ownership: Unpredicatable
Memories: Priceless

Unless you need the numbers for budgeting purposes, I wouldn't calculate the cost. More often than not, there's no savings vs. other types of vacationing-it's the intrinsic reward of the style that wins. Just enjoy.

I think someone mentioned roadside assistance. That is if you plan to have some. Perhaps it came with the purchase of your RV? If not and you plan on getting some, then I would budget about $150/year at least for it. If not, then you might want to budget in your own personal savings account for it. Just to give you an idea, if you don't have an inflated spare (meaning spare already mounted on an rim), then roadside is going to charge you $150, to mount a spare on one of your rims. Then if you don't have a spare tire with you, they will charge you a higher price than you normally would pay for a spare. So if you have no spare at all, then expect roadside service to charge you about $400 or so to get you going again. Of course if you call someone yourself and skip the roadside service, you can do it a little cheaper. But if you have an inflated spare, roadside service won't charge you anything to send a truck out to you to change the tire.

I think your price for tires is a little low unless you only have 4 of them. I know for the size on my Class C that they run in the $200/piece range. I have 6 and that would be $1200. But by the time you ad environmental/disposal fees, installation and balancing, you are looking at an additional $150. Not too far off, but if you are trying to do a precise budget, it could make a difference.

Is your RV a diesel? If not, I think you priced the oil changes kind of high, esepcially if you are doing it yourself. The price at the ford dealership for our gas E450 V-10 is $50. And that's them doing it. Have no idea what cost of diesel would be.

Start with a clean sheet of paper and make two columns.

At the top of one column write income, at the top of other column write RV expenses.

Now put your annual income in the income column.

Now erase your annual income from the income column and transfer it to the RV expenses column.

Done.

:B

Modifications.

Batteries and, possibly, a separate battery maintainer.
Misc. repair and maintenance items--sealants for the siding and roof, door knobs, cabinet hinges, brake replacements, flooring and cushions (at some point), antifreeze for winterizing, sewer hose, cleaning products, etc.

You are missing depreciation. Loss of income on capital used, except that you will be borrowing and paying interest instead.

I would personally not finance any RV (or any other vehicle or rapidly depreciating asset) for longer than 5-8 years. On a 15-year loan, you will still be upside down after ten years of (mostly interest) payments.

Oil change: Motorcraft FL-820S oil filter is no more than $8, under $4 at Walmart where five quart bottle of the recommended Motorcraft oil is $18. My Ford dealer changes the oil and filter on my motorhome for $19.95, but after the "environmental fee" the cost is about the same. The dealer does a front end and U-joint lube in this package, you need a grease gun for DIY. Dealer changes the oil and filter for my E-350 van for $9.95, no way I can beat that price at home.

Budget for one air filter a year. Depending on conditions, the OEM filter might last 2-4 years, so you could get lucky. Price at the dealer is about $20, I would not mess with substitutes.

Inspection of roof and other seams twice a year is a good idea. I store under shelter, for ten years it has needed inspection only, no re-caulking. My local dealer now charges $180 for a full annual inspection, plus time and materials for repairs. Taking care of the house is much more expensive than taking care of the chassis.

RV budget$$$
1. Fuel
2. RV resort/campground site fees, daily, weekly or monthly
3. RV & truck scheduled maintance costs: tires, lube/oil/filters, wheel bearings
4. food and optional variety of entertainment activities
5. Insurance for RV and truck and Emergency Road Side service plan or optional Extended Warranty.
There can be a wide range of annual costs depending on your preferences:
a. total miles traveled rving for the year
b. number of weeks/months on the road
c. specific states and areas i.e. boon docking, urban/cities, country, county parks, state
parks or large luxury resorts with golf, pools, tennis courts etc. For example, the typical
large luxury Resort can range from $800 to $1000 per month plus electricity.
Some one once said "if you have to ask the price of fuel" you probably should look at another hobbie.

FUEL... :)