The Big Switch are we crazy ?????

Gdetrailer wrote:

danewguy wrote:
So we currently own a 2007 33ft Georgie Boy Class A which is our second RV the first being a 1999 31ft Gulfstream Conquest Class C. We know that in 10 years when we retire we will be purchasing a nice diesel pusher. With concerns of how the the Class A will hold up over the next 10 years we are considering lowering our payment by purchasing a brand new travel trailer to use over the next 10 years. Anyone out there ever done something like this? very torn.

Hmm.. To me, it doesn't make much sense.

You will be selling one non-paid off depreciating asset (2007 Class A) and buying another depreciating asset for a short term (Travel Trailer)..

Have you given some consideration to paying off your current rig by making extra payments towards the PRINCIPLE of the loan?

By paying extra towards the principle you will payoff the loan early saving interest and then keep the current rig until you retire.

Then you will have a few yrs to take the money that you would have been paying a bank loan and putting that back as a nice down payment on your retirement rig..

This will also give you something with a lot more "trade in" value than say a 10 yr old travel trailer(which would be only a couple thousand dollars in 10 yrs)..

Not really as concerned with the money side of it as I am the problems that might develop with the Class A which is already 10 years old. Our last rig went down hill fast at 10 years, rust in the compartments, roof issues, etc I guess I am just not sure even with the proper care if the A will last another 10 years