How much do RV repairs cost?

Question

I'm looking for responses ONLY from people who live in RVs full-time for this question...and not looking for any "why would you want to do that?" kind of responses.

I am currently paying about $700 a month for an apartment (not including utility costs).
I am thinking about buying an RV and moving into a $350/mo park (within 2 miles of where I live) would save me money (IE salvage value of the RV (evem including depreciation), lower rent, less utility bills etc.)
By my calculations, It appears the overall costs, over 2+ years, of rent vs. owning an RV strongly favor RV living (it almost cuts expenses in half when salvage value is factored in).

But I haven't owned an RV and I want to know, from someone who does, what are the hidden expenses (repairs, inspections, park policies, etc.) and how much extra will such things cost me over, say, 5 years? What experiences have you all had with such issues?

Answer 1

Hi There! You haven't considered a few things in your equations. I know, I can't remember all of them.....But can a few. In some states owning a RV can kill your idea about saving rent. The cost of just staying legal with the DMV -- motor vehicle division -- is prohibitive. Usually the Park you move to have "lots" of fees. Does the Park have satellite for TV and DSL computers and what is the fee?? What's the cost for "Disposal of waste"... There's so many things you need to ask BEFORE you do this.

My husband and I lived all over the states and lived in lots of Parks--- All were different.

GOOD Luck!! And ask lots of questions before you move
Merry Christmas