Is an RV a waste of money? (rent vs buy)

In this blog post, we will answer the following question: Is an RV a waste of money? We will discuss the key-factors to consider before investing in an RV. We will also discuss the pros and cons of buying vs renting an RV.

Is an RV a waste of money?

The truth is, an RV can be both a waste of money and a good investigation, depending on whether you are buying/renting and how you are planning on using the vehicle. 

We hope that these tips will help you decide whether is it worth owning an RV:

  1. Be clear from the beginning the budget you want to spend. It is what will allow you to opt for a new or second-hand caravan.
  1. Think about the use you are going to give it. Buying an RV is an important investment and it is worth previously valuing the actual use that you are going to give it. If your idea is to make occasional and sporadic trips, perhaps the best option would be to opt for caravan rental.

 On the other hand, if you have decided that the RV will always be the protagonist of your vacations and getaways then it is advisable to buy it.

  1. It is important to know the number of people who are going to use it the most. This aspect is essential to define the size and distribution. To buy a caravan, assess how many people you are going to travel to regularly. It is not worth spending on a large vehicle for eventual getaways with your friends or children.
  1. Check the operation of all accessories and systems. Whether you are going to buy a new RV, but, above all, if it is going to be a second-hand caravan, or if it is essential to check the correct operation of all accessories and systems. Remember to look at window closures, tank filling and vacuum systems, operation of all electrical systems, etc. 

Normally, in RV dealerships, the day they deliver the motorhome, they give you an explanatory course and teach you that everything works correctly. This is the ideal time to check that everything is in optimal condition.

  1. Keep in mind that the driving style must change and you have to assess the dimensions and weight. Dragging a caravan is a major change in the handling of your car. As an additional tip, you should never go at high speed since the stability of the set is affected. Likewise, the day the caravan is delivered, they usually provide driving and parking advice. 

Should you rent or buy an RV?

Buying an RV is a practical decision that allows absolute freedom in terms of times and destinations. You do not depend on any company nor are you subject to schedules. You have your own vehicle to encourage you to carry out any plan. 

The negative part is that to the high investment that the purchase implies, it is necessary to add some more economic burden, such as the cost of insurance, road tax, maintenance and the fact that we need ample space to park it. In the end, it is necessary to have a high financial budget.

Renting is a good option, especially for beginners. Discovering the world of motorhomes can be a great adventure to live as a family, as a couple or with friends. And any excuse is valid to try for a few days. 

For those who have already added several kilometres, the rental continues to have amenities such as picking up and returning the motorhome before and after the trip, and not worrying about car maintenance as well as paying insurance and parking for the rest of the year.

In addition, renting has another important advantage and that is that if we choose this option, we have the opportunity to make a trip in half the time. For example, if we do not have enough days to arrive and return to the desired destination by road, we can go by motorhome, enjoy the trip and, at the end of the day, return the vehicle to the country where it has arrived to make the trip back home by plane. 

This works with international RV rentals like Indie Campers. In addition, if the vehicle breaks down during the trip, the rental insurance provides you with a new one to continue the adventure, a detail that is not always achieved when your own vehicle breaks down.

Rent an RV before you invest in one

In any case, it is advisable to rent to test, since before owning a motorhome it is very important to be sure that the one you are going to buy is the right model for your lifestyle. It is necessary to feel comfortable in the vehicle since you are not only going to travel in it, but it will be your home during the entire vacation.

Also, before taking the final step and buying it, it is necessary to be sure that it will be used for travel and will not be unattended. Of course, as in any purchase, it is advisable to find out in advance about the models and amounts, that is, what each vehicle spends and not exceed the initial budget that is available.

In conclusion:

Advantages of renting. Renting is the best option if we do not want to make a large investment. In addition, this option allows us greater flexibility and comfort on the road, while maintaining access to services such as roadside assistance, travel advice or cleaning services. Finally, renting a motorhome allows potential buyers to assess their preferences and potential investment in advance.

Advantages of buying. On the contrary, if our objective is to travel for long periods or reside in a caravan, we have to buy it because it will be more profitable than paying for accommodation at the destination or even a home. 

Of course, we have to be very sure that we will really travel as much as we think because it is quite common for many buyers to decide to sell their caravan because, in the end, the vehicle spends more time in the garage than on the road.

Buy and then rent. Faced with the above problem, a new alternative has emerged that is consolidating among caravan owners: buying the vehicle and then renting it when not in use. Currently, there are several platforms where caravans can be rented from individuals which allow owners to earn extra income while not using their vehicle.

The bottom line

RVs may or may not be a waste of money, depending on how you will use them. Will you be using it once a year for a maximum of three weeks? Think well about all the factors before deciding whether is it worth buying or renting an RV. 

If you have any questions, comments or tips on the content, please let us know.

FAQ on Is an RV a waste of money?

Why buy an RV?

The has the advantage of offering travellers a large optimized interior space, comfort, versatility and freedom of movement. At the same size, it offers more available space than the motorhome.

When to buy an RV?

When to buy an RV –  the caravan sells particularly well during the months of April, March and May.

How to choose the right RV?

To choose the right RV, it is also necessary to look at two important criteria: the authorized total vehicle weight (GVWR) and the authorized total weight. The GVWR indicates the actual maximum weight added that can reach your car and the caravan.

What do I have to bring to travel by RV?

Don’t even think about packing towels, dishes or a blanket for your motorhome trip. Companies often offer a kitchen kit with everything you need to cook and eat for about $ 100. 

What driving-license do I need to drive a motorhome in the United States?

Unless you want to reserve a bus-type “motorhome”, the “B” driving license is enough to drive a motorhome in the United States, apart from the international driving license that is usually necessary to drive more relaxed.

References

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