Should I buy new or keep what we have?

The issue becomes "What if the new rig is junk?". (See my post "What is wrong with this industry?"). I'm in a similar conundrum with my '99 Class C. Not quite the same situation, but the dilemma is the same. Keep what I have and know or roll the dice on a new rig that might be a headache and money pit.

(You are financially sound which gives you more options). (Many are not)

A man I met while we both were waiting for our wives told me they had just sold their motor homr. He looked and seemed to be about my age, in good shape and health. I asked why sell. His answer was that he was near 75 and had more changes in his health and life in the years between 70 and 75 than the rest of his entire life. I got no further explanation, but I am beginning to understand what he meny. I am approaching 75, still travel and plan on doing so longer, but in the last two years I have had three surgeries (2 Realitively minor) and one also minor but for scarey reason. Wife also had some health problems. All these stopped us from our rather extensive travel. We traveled at least 50% of the time. We have a coach we like a lot. I will spend money money on it to make improvements I want but I am not going to buy another one. Monitarily I am probaby close to where you are and improvements I want are less than one years depreciation on a new RV. I am just old school enough to spend some money but not lots. My recommendation is wrapped up in this long response.

You are 70 and and it sounds like you are still working. How old is your SO and what is their employment status? Should there be a 5-6 or more age difference you need to take that into account as well.

Keeping just the info you listed in mind if you finance 35K for 5 years accepting that you'll now be paying up to 7.75K per year (depends on the interest rate of course) and it doesn't eat into your capitol too much sounds doable to me. I'd prolly up my insurance to cover the cost on the loan and incur that minimal expense as well.

HTH.

At your age ... well ... follow your heart ... not your head! Go for it!

As long as what you have is in good working order I would keep it. These new trailers have terrible workmanship and virtually no factory quality control. You'll be spending all your time fixing things.

Personally I would spend a few dollars and add level up system, maybe disc brake conversion and live with it. Mine is a 2005 and Im the same age. My thoughts are keep this one until we can no longer travel and junk it.

This is just my opinion, but I think a well planned life during your working years is to basically buy only those things you NEED and save for retirement. This, if executed properly, can lead to a retirement where you can buy the things you WANT and enjoy the fruits of all those years of working and saving.

Sounds to me like you've got an excellent plan for getting that new RV and you're only struggling internally over the difference between NEED and WANT.

Based on what you said, go for it. You won't live forever and you cannot take the money with you when your time is up. Its clearly you have thought this out and you are not buying it on impulse. You seem confidence that if you chose to do so, you have plenty of money to live off with new payments. Honestly, you are saving too much at your age unless you have bad health insurance. This is strictly my 2 cents. I read a lot of books about budgeting and stuff. I am no expert, but I do watch my budget than most people do.

You can't take it with you. It sounds like you're smart with your finances. If it makes you happy, go for it. We're looking at a new toyhauler this week also. Trading our '09 5th wheel in.

Well my feeling is If you want it and can afford it just go for it. As the saying goes " you're not getting any younger" Enjoy what you worked so hard for.

My wife just told me I'm 58 and I don't need to work anymore. We just bought a new rig which I pick up tomorrow and we're going traveling a lot more than we have been.