Whether you’re considering a temporary move or transitioning to full-time RV living, a solid understanding of the costs involved will ensure the road ahead is as free and open as you dream it to be.
Let’s take a quick look at the costs of buying an RV, some ongoing expenses, budgeting strategies, and hidden costs you might encounter. For an in-depth guide to choosing the right RV….Guide to Buying An RV
The Cost of Buying an RV
RVs come in a variety of types and styles, each with differing price ranges.
Some factors influencing the price include whether you’re buying new or used, the size and brand of the RV, and any additional features like solar panels, generators, or upgraded interiors.
Travel Trailers / Tow-Behinds / Bumper Pulls:…Choosing the Perfect RV – continued
- Require a towing vehicle. Many cars, vans and SUVs are capable of towing this style RV – depending on GVWR
- Ideal for 1 – 2 people
- Easily maneuverable
- Price range: $10,000 – $100,000+
Fifth Wheels…Choosing the Perfect RV – continued
- Require a towing vehicle – typically a heavy-duty 2500 pickup or above, depending on GVWR
- Roomiest of RVs – the fifth wheel design is ideal for families – many include a separate bunkhouse area
- Ideal for 1 – 4 people
- Price range: $10,000 – $250,000+
Toy Haulers…Choosing the Perfect RV – continued
- Toy haulers usually have 3 axles to handle the extra weight of your motorized toys
- You’ll need a super heavy-duty towing vehicle – 3500 or above – possibly a dually
- The drop-down back door facilitates loading and most can be used as a deck/patio are
- Price Range: $10,000 to $250,000
Class B Motorhomes / Camper Vans…Guide to Buying An RV
- Small and maneuverable – these RVs are perfect for first-time RVers
- Excellent for small campsites
- Ideal for 1 – 2 people who travel frequently
- Price Range: $40,000 – $100,000
Class C Motorhomes…Guide to Buying An RV
- Most have an area over the cab for sleeping – many also have a dinette that doubles as a bed
- Ideal for 1 – 2 people
- Easily maneuverable in close quarters
- This style of RV is readily available for rent – giving you a chance to try the RV lifestyle without spending a large chunk of money
- Price Range: $50,000 – $150,000+
Class A Motorhome…Guide to Buying An RV
- By far the most luxurious option – these beauties often include upgraded interiors and amenities
- Ideal for retirees who like to travel the country in style
- Capable of towing a small commuter car or other form of personal transportation
- Price Range: $50,000 – $1,000,000+
Ongoing Expenses associated with RV Living – Once you’ve purchased your RV, there will be some ongoing expenses you need to budget for… Read more here….Costs and Budgeting – Ongoing Expenses