Mr.Mark wrote:
mike brez wrote:
willald wrote:
EricGT wrote:
..And FWIW DSDP, I find spending $400K on a motorhome to be just as ridiculous. I'd rather invest that money into a nice property (4000 ft2 vs 400ft2) that will not drop in value like a motorhome.
Well said, EricGT. I, like Effy, you, and I'm sure many others, do not have a money tree growing in the back yard, and cannot blow my nose on $1000 dollar bills.
The idea of sinking six figures into a depreciating asset that is basically a 'toy'.....Welllll, it will not happen for me in this lifetime, period. Maybe I'm cheap or old fashioned, but IMO thats just not wise use of $$. I'll give up camping/RVing before I put that much $$ into something that just loses value. If I have that much $$ to work with, I'm putting it into a property or something that will not drop in value every day
I know of some that have lost six figures in property or something(stocks). One of the big reasons for me why I personally would never ever buy new.
Since we have veered off topic a little, depreciation is not always the major factor for every person. You have to live! If people didn't buy new there would be no used units available.
Hehe, I think I was misunderstood. I never said there was anything wrong with buying new.
AAMOF, RVs are one thing I actually prefer to buy new, and always have for various reasons. Cars, I have no problem buying used, but not RVs. I like knowing that nobody but me and my family have slept in, lived in, 'used' our RV. 'Tis one of the great things about camping, RVing instead of staying in hotels.
I just refuse to sink ridiculous amounts of $$ into one in order to get it, thats all. Obviously what I see as 'ridiculous amounts' is very different from what others think, but like MM said, 'there's a bottom for every seat'. :)
Will