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RV’s tend to have enormous depreciation, or at best they may break even if you are lucky. Unless you are urban camping or squatting where you can, it can be ver
by hesdeadjim 7y ago
RV’s tend to have enormous depreciation, or at best they may break even if you are lucky. Unless you are urban camping or squatting where you can, it can be very expensive to park them at a popular destination ($1k+/month).
Source: I’ve watched my parents also spend a small fortune on RV’s in their retirement. They’ve traded up twice and eaten 50%+ depreciation each time. YMMV.
- m463 7y ago"I’ve watched my parents also spend a small fortune on RV’s in their retirement." Another interesting statistic is that people who retire and don't remain active have greatly increased mortality.
- AnimalMuppet 7y agoThe expression "buying time" just took on a whole new meaning for me.