My significant other and I are considering liquidating our assets and becoming fulltime motorhome owners. Traveling within the United States and stopping whenever and whereever we desire. Without pursuing a luxurious lifestyle, what are reasonable costs and monthly expenses of a late model/new comfortable Class A motorhome traveling 10,000 miles per year? Assuming a $200,000 investment, how quickly does a Class A motorhome depreciate or does it, in fact, appreciate? What are the downsides of motorhome ownership and/or motorhome living?
We thank you for any information or direction you give based upon your experience. We're not sure this is the vagabond lifestyle we're seeking and whether or not we'll need/want a fixed home in which to return when or if we tire of road travelling.
Sincerely,
Vic
The cost of buying and owning a high end motor home is enormous ie. depreciation, taxes, always something not working(too many gadgets). I recommend finding a good low-milage, used unit. Much of the depreciation has occured, the value for taxes is less and many of the bugs have been fixed. We have to sell our Beaver unit because I have to put off retirement and It will turn out to be the worst investment of my life although the next owner will not fair as bad.
Costs of motorhome ownership
in Buying an RV
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The cost of buying and owning a high end motor home is enormous ie. depreciation, taxes, always something not working(too many gadgets). I recommend finding a good low-milage, used unit. Much of the depreciation has occured, the value for taxes is less and many of the bugs have been fixed. We have to sell our Beaver unit because I have to put off retirement and It will turn out to be the worst investment of my life although the next owner will not fair as bad.
Wilson Sprenkle
F365917