Forum Discussion
Aridon
Feb 03, 2014Explorer
Real estate is always a better money investment than wheel estate. No arguing that.
Some just don't NEED to have another piece of real estate, have other investment, don't want to just go to the same vacation home for 30 years etc..
For us, the money we put into our class A was a sunk cost. We knew we would never get it back and just like going to a casino with a grand or two to have some fun its just money that will likely never come back. Lost the day we picked it up and paid for it.
So long as you go into it knowing that or that you are essentially renting that unit (not going to have anything at the end) or pre paying or pissing away money (whatever your case may be if you have a note on your unit, pay it up front or just buying a toy)its not a big deal. If you think its some kind of smart financial investment then yeah its a bad move because its a cash sink for sure.
Anyway, RVing is in no way similar to having a vacation home. The two are fairly different and obviously different strokes for different folks. The OP is making a good decision for themselves and it fits their needs. We should applaud that and let everyone make their own decisions on what will make them happy.
Obviously if paying $60 a night and adding up your diesel, then your depreciation is going to keep you up at night then an RV might not be for you.
Some just don't NEED to have another piece of real estate, have other investment, don't want to just go to the same vacation home for 30 years etc..
For us, the money we put into our class A was a sunk cost. We knew we would never get it back and just like going to a casino with a grand or two to have some fun its just money that will likely never come back. Lost the day we picked it up and paid for it.
So long as you go into it knowing that or that you are essentially renting that unit (not going to have anything at the end) or pre paying or pissing away money (whatever your case may be if you have a note on your unit, pay it up front or just buying a toy)its not a big deal. If you think its some kind of smart financial investment then yeah its a bad move because its a cash sink for sure.
Anyway, RVing is in no way similar to having a vacation home. The two are fairly different and obviously different strokes for different folks. The OP is making a good decision for themselves and it fits their needs. We should applaud that and let everyone make their own decisions on what will make them happy.
Obviously if paying $60 a night and adding up your diesel, then your depreciation is going to keep you up at night then an RV might not be for you.
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