If the thought of traveling on the open roads and stopping at various places as you see all that our great country has to offer is your idea of “heaven on earth”, chances are you’ve probably thought about purchasing an RV.
The thing is, they don’t necessarily come cheap and so you might be wondering if they are really worth the investment. More “yes” than “no”, but in order to be fair, we wanted to provide you with some pros and cons when it comes to owning one for yourself:
Pro. It’s like a second home (literally). If you really do foresee spending most of your time on the highways and byways then an RV is a great addition because the room and features that it has makes you feel like you’re in a house on wheels. Plus, you don’t have to deal with a lot of the upkeep that comes with purchasing a house (such as landscaping or paying property taxes).
Con. Parking can be a real pain. Sure, if you use your RV to go camping, this should not be a problem, but if you’re road tripping and you’re looking for spaces in standard size parking lots, you might find it to be a bit of a challenge. Plus, if you have to park where there is no air conditioning, you’ll need to rely on a generator.
Pro. The accommodations are extremely convenient. One thing that a lot of people don’t like about road travel is having to always stop to eat fast food or even worse, to have to find a public restroom (because not all of them are “pleasant experiences”). With an RV, you can go grocery shopping and cook as you ride. Plus, there’s a bathroom inside and that’s always a wonderful bonus.
Con. They depreciate in value. Quickly. If you ask someone who owns an RV, one thing that they’ll probably tell you is that they lose about 20 percent of their value (if not more) during their first year of ownership. So, even with all of the good that they can bring into your life, if you’re looking for it to be a big financial money maker, that’s probably not going to be the case.
Pro. You can save on traveling costs. When planning a family vacation, if you plan to fly, it can easily cost you a thousand dollars or more just in the airline tickets alone. Whether it’s a class C RV or another model, you can easily pack in the entire family and that can be a real money saver.
Con. It’s a gas guzzler. Although you can enjoy nature in an RV, no one said that it was the most eco-friendly vehicle around. It gives about 8-10 miles to the gallon. Not only that, but a lot of repair shops don’t have the space to hold one and it can take much longer to get the parts to repair it with. So, you definitely need to weigh out your options before making a final decision. Still, if you plan on being out for more than 3-4 months out of the year, it’s probably a purchase that you won’t regret. The pros will still probably outweigh the cons.