There is much more than the price tag to consider when making the decision to buy a used RV. There are a slew of hidden costs that the average person may not have even entertained. Aside from the cost of maintenance, a person should consider these things before visiting a used RV dealer.
- Maintenance costs should be planned for in accordance with the size of the unit. Larger RVs may require more funding to be set aside for routine repairs that must be made. Keeping the unit stocked with propane costs $5 per day when in use. To run the air conditioner, one can pay $15 per day. While on the road, the cost for WiFi assistance can be $5 per day depending on the campground. Adding satellite Internet to the unit can cost as much as $75 per month. Mail forwarding can cost up to $12 per night. Routine maintenance can cost as much as $200 per month to properly maintain the vehicle.
- Owning an RV translates into higher insurance premiums. The insurance costs for the RV is around $200 to $2,000 per year. Factors like how much mileage is accrued in a year’s time can really impact the cost of the premium. Whether the person elects to have full coverage when he or she chooses to buy a used RV will have an impact on insurance costs, and the model of the vehicle will also play a role. Larger luxury models cost more to insure than the smaller units.
- Fuel cost is something else to consider. For individuals traveling long distances, the gas mileage can be as low as 18 miles per gallon, depending on the size of the unit. One can plan for the gas mileage to be anywhere between 8 and 20 miles per gallon.
- Towing costs may be higher for the RV for several reasons. This is because a unit can exceed 3,500 pounds. Not only will special equipment be required in order to tow the vehicle without causing damage to it, it will also cost more in resources for the vehicle to be towed.
- Meal preparation can also increase the cost of owning an RV. The small kitchenette and limited storage space may make it difficult for people with larger families. Due to the small appliances that normally come with the ehicle, a person may be required to rely on food from fast food restaurants and convenience stores while traveling. Families who cannot make the small kitchenette system work will spend more on food while camping.
- Upgrades can also contribute to the cost of ownership for an RV. If a person decides to make a major upgrade, interior design and other labor costs can quickly drive up the budget. Smaller upgrades like replacing a fridge or stove are much more manageable. Some people take a gradual approach when it comes to upgrading their RV, breaking the upgrade project into much smaller sections.
When in the market for purchasing an RV, one should consider the cost of ownership before stopping by a used RV dealer. Buying a different model or smaller RV can dramatically lower the cost of ownership for the average person.