Looking at purchasing an RV

Jayco-noslide wrote:
Have you considered going used to bring the price way down and attempting to pay cash. Any new RV really depreciates and isn't any better than one of good quality and well cared for 3 to 5 years old. We bought a 30 ft. Class C which was 10 years old at the time and it had depreciated from around $75000 to $23000(what we paid) in that 10 years and we still have it. We are debt free and will only buy a car or RV cash. Probably going way too far in advice giving but I wish you the best and you will enjoy whatever you get.

Yes, we have talked about used also. I have just been looking at new cause it's easier to get the floor plans to look at online. Once I find some floor plans we like am going to do some searching for used ones of those models. I just used the 20 year loan as an example since we can afford up to a 20 year loan and about 144,000.00. Don't necessarily want to go that high, my thought was even if we purchase new at about 80k, with 1200.00 monthly for max payment we could pay off within 10 years or so. Goal was to not have an RV payment by the time I hit age 60 for retirement which would be about 12 years. We are in the researching phase now, don't plan to purchase anything for 3 more years. Have so much information so far, planning on writing up a spread sheet so I can take it all in. Biggest goal is to not have an RV payment when I go into retirement.