Originally Posted by newrvguy68
The added monthly payment and extra cost of the suitable TV that we require to tow the trailer all add up to me questioning more and more if the trailer is really a necessity and worth keeping around?
Unless you're living in the trailer full-time it's not a necessity it's a luxury. I would recommend not take out a loan to buy luxuries.
My wife and I saved to pay cash for our trailer. We compromised on the size, weight and expense of the trailer in order to avoid an extra payment, avoid having to buy a TV that was major overkill during 90% of the time it was not being used and avoid having to pay for storage (it's kept on our property).
We purchased the trailer facing the reality that since we both work and have a limited amount of vacation time the trailer was going to be parked a majority of the time. Having to make payments every month regardless of whether you're using the trailer is just a monthly reminder you're paying for something what sits idle most of the time.
I owned an airplane once (fyi, you paid more for your TV then I did for the plane) but ultimately sold it after a winter where I got to fly about two hours total but still had to pay the monthly expenses of storage, maintenance, insurance, etc. Given our family situation and the sacrifice to keep the plane was outweighed by other things that were higher priorities.
Everyone's situation is different and only you can decide if the reward of ownership (those times you actually get to use the trailer) are worth the sacrifices you have to make (monthly payments, maintenance, etc.) you have to make to keep it.