First RV for full timing: Used or New?
Hey everyone, I'm new here and I'm soon to be new to the Full time RV lifestyle as well, and I was hoping to get some advice from some experienced Full timers. First for a little background, I'm 2...
Forum Discussion
Hi John,
Find out the lot rental. Find out the power cost. Find out the heating costs (water heating and space heating). Find out costs for telecommunications and perhaps cable TV. Don't "low ball" the figures. In theory, those costs should be no more than 1/3 of your gross income. Make the decision to proceed based on being able to sustain those numbers while saving 10% of your gross income.
Decide what the essentials are as far as floor plans go. Be prepared to look for six months, until the perfect used unit comes your way. Buy in the fall or winter rather than in the spring or summer.
At the price point you are looking in, used is a much better bet than new. Put away 10% of the purchase price for repairs. A new RV depreciates at a furious rate. Finding a great new RV is possible--but probably not in the sub 25,000 market. My ex brother in law bought new and the roof leaked.
Have a great time looking and kicking the tires!
Find out the lot rental. Find out the power cost. Find out the heating costs (water heating and space heating). Find out costs for telecommunications and perhaps cable TV. Don't "low ball" the figures. In theory, those costs should be no more than 1/3 of your gross income. Make the decision to proceed based on being able to sustain those numbers while saving 10% of your gross income.
Decide what the essentials are as far as floor plans go. Be prepared to look for six months, until the perfect used unit comes your way. Buy in the fall or winter rather than in the spring or summer.
At the price point you are looking in, used is a much better bet than new. Put away 10% of the purchase price for repairs. A new RV depreciates at a furious rate. Finding a great new RV is possible--but probably not in the sub 25,000 market. My ex brother in law bought new and the roof leaked.
Have a great time looking and kicking the tires!
