Craigslist Rv Ri (2024)

FAQs

Does it make sense to buy an RV? ›

It costs a lot of money to buy an RV, maintain it and store it, but it may be worth it in the long run if you plan to use it multiple times a year. If you want a simpler way to use an RV that doesn't require you to be responsible for maintenance and upkeep, renting is the better option.

National Automobile Dealers' Association (NADA)

NADA, or the National Automobile Dealers' Association, provides values for used RVs. They list prices and values for motorhomes, travel trailers, and even truck campers and park models.

Some of the many advantages of living in an RV include: Freedom: RV life allows you to change locations whenever you want. You're never obligated to stay in one place for longer than you want. It's a great option for anyone who isn't ready to settle down and for individuals who want to explore and wander.

RVs depreciate a lot in their first few years even if they're kept in pristine condition. So, whether you're buying an RV that's just a few years old or a model that was made a decade (or longer) ago, you're going to save a nice chunk of change.

Brand-new RVs start losing value as soon as they're driven off the lot and continue to lose value throughout the first year rapidly. The RV depreciation rate increases at a steady rate after that until your RV hits double digits in age. Once an RV is ten years old or older, its value drops more rapidly.

There is no single RV blue book like the one for cars, but instead there are many helpful resources and methods available to help you price and sell your RV!

Ask the Experts

The first thing you'll do when determining your RV trade-in value is consult NADA, the National Automobile Dealers Association. Similar to the Kelly Blue Book for cars, the Dealer NADA RV price book is often consulted by dealers looking at purchasing your RV.

CON: RVs can be high maintenance

RVs require a lot of upkeep. You need to keep on top of cleaning, which includes dumping RV waste. You also need to make sure fluids are topped up and tired are inflated. Then of course, there could be occasional repairs that need doing.

Key Takeaways: RV insurance can cost about $125 per month on average depending on your RV and situation. Motorhome insurance for full-timers is typically more expensive than standard policies and can be as expensive as $3,000 per year.

What size RV is best for full time living? ›

The best 5th wheel for full time living is a trailer that is less than 36 feet long. Longer trailers are harder to manage, and some regions have regulations about trailers over 36 feet. A 36-foot trailer is also easier to haul with a 3/4-ton truck. For height, a trailer less than 13 feet, 6 inches is recommended.

Like with motorhomes, brand recognition can matter when it's time to sell. Brands that tend to hold their value the best include Jayco, Airstream, and Winnebago. At Lazydays, we carry a wide selection of the best RVs of all types, and we can even help you when it's time to sell your RV.

Free RV Valuation from RVBlueBooks.com. For accuracy, we take into consideration current "for sale" listing prices, book values, dealer units and sales history data. Enter the year, make & model of your RV.

Is an RV a Financial Investment? The short answer is no. With the exception of some in-demand vintage models, the value of an RV depreciates over time. An RV is an investment in a lifestyle, but you can mitigate the expense by renting it out when not in use through a third-party rental site like Outdoorsy or RVshare.

While RV living can be more affordable than traditional home ownership due to lower space and utility usage, owning an RV also comes with its own set of expenses, such as maintenance and repair costs, campsite fees, fuel costs, and insurance.

To save money RVing, many people purchase older RVs and remodel them, and they save a ton of money. Or, they purchase smaller ones that don't cost much money. If you wanted to, you could buy your next home for less than $10,000! This can mean a great amount of savings over your current rent or monthly mortgage payment.