Why buy a new $125,000 motorhome?
Watch this video...some great advice... http://www.youtube.com/watch?v=SUvN3u41H94 Why buy a new RV costing six figures and having a monthly payment of like almost $1,000 spread over 15 years no...
Forum Discussion
popupcamping wrote:et2 wrote:
Then why does anyone purchase a home on credit, or cars, etc. too.
I don't think your comparison of an unneeded RV to a house and in most cases a car is correct.
Most houses appreciate. Monthly payments can be considered putting money into savings. Cars for the most part are needed as well. An rv that has a depreciation factor higher than autos is a terrible thing to have payments on. I think the video is accurate and good advice. If you don't think it applies to you, that's fine but to think that there are not people out there who are over their heads in debt and not enjoying it then you are naive.
Well it could be said one doesn't really need a house either. And if you've been around the last decade you'd be keenly aware many people have lost most, if not all equity they had in their homes. For many their homes are their prison. You didn't read my post very well, I didn't watch the video.
I'm not naive just realistic, are you?
