Economics of owning an RV
Can anyone speak from experience the net cost or savings of owning an RV versus paying for motels and restaurants while traveling? Here's my thoughts: Buy a recent model used RV and use it for 2-3 years. During that time, use it for 1-2 months per year to travel around the country. At the end of that time sell the RV. I'm thinking the net costs for this versus driving and staying in motels would be:
1) net cost of RV (purchase price minus sale price)
2) cost of insurance
3) net maintenance
4) net cost of gas (half the mileage of a car - i.e., 10 MPG versus 20 MPG???)
5) cost of campgrounds versus cost of motels
6) cost of groceries versus cost of restaurant meals
7) storing RV while not in use
8) anything else?
Can anyone shed any light on this?
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