I'm 70 and I just purchased a new motorhome. We have owned motorhomes since 1984. I figure we have at least 10 more years of RVing. Our last MH was a 2006. There are so many great improvements since we bought in 2006 We took out a 20 year loan for two reasons, the interest rate was much better, and the monthly payment was lower. We plan to pay off the loan in about two years. We use our MH regularly and we enjoy the lifestyle so it is worth it to us.