Buying a vehicle can be a big undertaking. You are investing in a mode of transportation that will be a part of your life and your family for years to come. You want to find something that fits into your lifestyle and help you get where you need to go, figuratively and literally. When you’re making this kind of a big decision, you need to weigh all of your options and find the best answer for you. And sometimes, the best automobile to purchase isn’t exactly the most traditional option. Depending on your travel habits and sense of adventure, you may actually be interested in exploring options for buying a car or RV.
RV trailers are motorhomes that allow you to travel across the country and to all different areas while staying comfortable in your transportation mode. It is a home and a ride all wrapped up into one. This is a big investment and being an RV owner is a more complex undertaking than buying a car. However, investing in a new car can be just as beneficial for your life and your pocketbook. As long as you’re getting the best price, this is an investment in your future and your peace of mind that you’ll be able to get where you need to go whenever you need to go there. Overall, the main thing to compare is the cost benefits and your lifestyle choices. Take the time to consider these factors as you decide if a car or an RV is right for you.
What are the costs of each?
Buying a car is a big undertaking. It usually involves thousands of dollars and a car loan or extended warranty. Consider the dealership cost when weighing which vehicle to buy. A used or new car, especially a larger vehicle like an SUV, truck, or van, will cost anywhere from $10,000-$45,000.
A new RV is going to be an even bigger investment if you plan on getting a larger, state-of-the-art motorhome. There is a wide range of RVs costs depending on if you are getting a simple travel trailer, used RV, or larger RV. You can consult the RV dealer about buying your new vehicle for anywhere from $10,000-$300,000. It can essentially be around the cost of a car or a house, depending on what you choose.
What are the extra costs?
When you are buying a vehicle, you also have to factor in the extra costs. For one, consider the price of car insurance. How do your comprehensive coverage needs and driving record affect your auto insurance quote? Look into coverage options for a car versus an RV. Having to pay a higher deductible or having exclusions may be a reason to choose to be a car and homeowner rather than investing solely in a recreational vehicle.
If you invest in an RV, you will need specific warranties for your motorhome to give you peace of mind. America’s RV Warranty will help you find a repair facility or fix serious issues when you’re out on the open road. Even the most affordable warranties will still add extra costs for you to consider when looking at your finances and the possibility of investing in an RV.
Does your lifestyle lend itself to a car or RV?
Your lifestyle will play a huge factor in your decision to invest in a car or RV. First, ask yourself what you really need the vehicle for and how you want to keep the costs down. Are you planning to sell your house and travel the country in an RV, or do you want it for vacations? Would you prefer a car that can fit in the garage and get you to and from work in a simpler way? The bottom line is you need a vehicle that can help transport you where you need to go. Whether that is a car or RV is up to you.