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Old 05-21-2016, 07:59 AM   #31
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My family and I tested the waters by renting for a week each summer for several years until we decided it would be cheaper to own one (we spent much more on rentals than we did by purchasing). It cost us about $1000 each time. Now that we own one, I can say we have saved a ton of money in that respect. We go out about every other weekend from April to the end of October while taking 2-3 weeks in between. About paid for itself the first year.

I expect it to depreciate at an exponential rate, we paid $13k cash so it should equate to around $9700 after the first year. I haven't checked KBB or NADA yet. Doesn't matter, I like to think of investing in family which is priceless to me.
Your math might be a bit fuzzy. Buying is not always cheaper and it all depends on your usage habits. Renting 1 week a year for say 10 years will cost you [your weekly rate $1000] $10,000. Buy a TT for say $$13,000 and after 5 or 6 years when you want to upgrade depreciation has eaten up $6 or $7 k. But once you have found what you want after several rentals, getting your own RV has its benefits. On the other hand camping 5 times as much and say you are saving are not the cost of the extra 4 movies since your usage habit has changed. Likewise owning your own rig will allow you to camp more often and reap all the benefits that that brings. If you bought your RV and then continued to go out 1 week per year, you would have been many times better off by continuing to rent since you avoid depreciation, maintenance, insurance and storage costs.

People who buy but have limited usage are the reason you have a better chance finding a clean 2 or 3 year old RV that has almost no actual usage and if stored well is in almost new condition. RVs and boats share that pattern. If you want to save money by buying your RV, look for one of those barely used units sitting in someones drive way.
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Old 05-21-2016, 08:03 AM   #32
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Your math might be a bit fuzzy. Buying is not always cheaper and it all depends on your usage habits. Renting 1 week a year for say 10 years will cost you [your weekly rate $1000] $10,000. Buy a TT for say $$13,000 and after 5 or 6 years when you want to upgrade depreciation has eaten up $6 or $7 k. But once you have found what you want after several rentals, getting your own RV has its benefits. On the other hand camping 5 times as much and say you are saving are not the cost of the extra 4 movies since your usage habit has changed. Likewise owning your own rig will allow you to camp more often and reap all the benefits that that brings. If you bought your RV and then continued to go out 1 week per year, you would have been many times better off by continuing to rent since you avoid depreciation, maintenance, insurance and storage costs.

People who buy but have limited usage are the reason you have a better chance finding a clean 2 or 3 year old RV that has almost no actual usage and if stored well is in almost new condition. RVs and boats share that pattern. If you want to save money by buying your RV, look for one of those barely used units sitting in someones drive way.
Correction to last post, a section got deleted.

The cost comparison example was renting a movie once a week and then joining netflics and watching 5 per week. Your net savings is not $20 per week since you have the cost of netflics and your usage pattern has changed.
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Old 05-21-2016, 08:09 AM   #33
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I never bought a rv thinking I would get it all back when it is sold.

It is a lifestyle that we enjoy and no amount of money can replace the memories and things we have experienced.
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Old 05-21-2016, 08:15 AM   #34
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Pretty informative thread folks, thanks for the input.
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Old 05-21-2016, 10:37 AM   #35
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Originally Posted by Bassdogs View Post
Your math might be a bit fuzzy. Buying is not always cheaper and it all depends on your usage habits. Renting 1 week a year for say 10 years will cost you [your weekly rate $1000] $10,000. Buy a TT for say $$13,000 and after 5 or 6 years when you want to upgrade depreciation has eaten up $6 or $7 k. But once you have found what you want after several rentals, getting your own RV has its benefits. On the other hand camping 5 times as much and say you are saving are not the cost of the extra 4 movies since your usage habit has changed. Likewise owning your own rig will allow you to camp more often and reap all the benefits that that brings. If you bought your RV and then continued to go out 1 week per year, you would have been many times better off by continuing to rent since you avoid depreciation, maintenance, insurance and storage costs.

People who buy but have limited usage are the reason you have a better chance finding a clean 2 or 3 year old RV that has almost no actual usage and if stored well is in almost new condition. RVs and boats share that pattern. If you want to save money by buying your RV, look for one of those barely used units sitting in someones drive way.

My main point here is I tested the waters before I purchased so I would know this is what we wanted to do. I wasn't intending to break down the math so I could be scrutinized. I should not have mentioned any figures, my mistake.
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Old 05-21-2016, 11:10 AM   #36
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My main point here is I tested the waters before I purchased so I would know this is what we wanted to do. I wasn't intending to break down the math so I could be scrutinized. I should not have mentioned any figures, my mistake.
Sorry if my comment sounded critical. Just wanted to point out to others that buying an rv or boat is rarely if ever a good investment other than in family fun and memories. Renting, even long term, can be a better choice to buying for people who only camp infrequently. I'm a buyer so kind of a been there done that kind of experience. Our TT's give us the freedom to go and do what and where we want. That is the beauty of retirement.

Have a couple of friends who after renting condos on the beach for a few years decided to buy one, thinking they could rent it out to cover the mortgage until they could retire. The short of the story both regretted their decision.
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Old 05-21-2016, 11:14 AM   #37
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Sorry if my comment sounded critical. Just wanted to point out to others that buying an rv or boat is rarely if ever a good investment other than in family fun and memories. Renting, even long term, can be a better choice to buying for people who only camp infrequently. I'm a buyer so kind of a been there done that kind of experience. Our TT's give us the freedom to go and do what and where we want. That is the beauty of retirement.

Have a couple of friends who after renting condos on the beach for a few years decided to buy one, thinking they could rent it out to cover the mortgage until they could retire. The short of the story both regretted their decision.

Its all good. Advice appreciated.
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Old 05-23-2016, 08:49 AM   #38
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Some of our best memories were camping with our infant. We bathed her in the sink. She looks back at lots of pictures today and can't believe how little she was.


The time you spend together is priceless.
We started my boy at about 6 weeks. I was determined to get him started early so he would get used to the environment. He's 19 months now, and you can tell he likes the trailer. I don't know if he's picking up on my vibes, or if he really likes it himself? Either way, it warms my heart that he smiles and laughs that much more in the trailer. Your story reminds me that we need to be taking more pictures, and getting out there more!

I think even if we went out twice a month, I'd be saying we're not going enough. Our current rate of once about every 6 weeks during season is driving me crazy!
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Old 05-29-2016, 01:09 AM   #39
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I thought I would give this thread a conclusion for now. We sold our camper this morning and headed out to our local Jayco dealer. We were able to purchase the Jay Feather 19BH we wanted for 28% off MSRP. We are still estimating a 5-7 year run before upgrading so we will see someday what I get out of it. Can't wait to bring it home!
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Old 05-29-2016, 02:01 AM   #40
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Congratulations on your new rig!
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