What is Your RV Worth to You? | RV Lifestyle Live



This video discussion was prompted by a recent comment here on YouTube from someone who thought it foolish to invest a lot of money in a motorhome, which he saw as a “depreciating asset.” The comment got me thinking that, in reality, our RV is an “appreciating asset,” in that we appreciate so many things in a new way because of what the RV allows us to do. I shared my thoughts with our social media audience and found lots of agreement. Plus we answered a lot of side questions about the RV lifestyle.
What do you think?
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32 thoughts on “What is Your RV Worth to You? | RV Lifestyle Live

  • October 17, 2020 at 10:47 pm
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    Maybe another way to say "it's a depreciation asset" is to ask what is the cost of living the RV lifestyle. Specifically, a comparison between purchasing a new RV, using it for 10 years then selling it vs traveling via car and cost of hotels, etc. And then comparing the same numbers assuming a 2-5 year old USED RV. Finally what would all that cost if you flew and rented. Then you'd have numbers where you can say, "Yes, it is worth $2k (for instance) for me to travel via RV vs the next less expensive option. I'm sure for those that would only travel a week or two a year on the RV, the difference in prices would be much more substantial than traveling 6 months out of the year because after all you are spreading that depreciation over 2 week or 26 weeks (in my example).

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  • October 17, 2020 at 10:47 pm
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    🌺Aloha…I’m getting my NEW Roadtrek in July!!!!! Can’t wait see you out there, the adventure begins….money money spread it around ❤️

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  • October 17, 2020 at 10:47 pm
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    I am 72 wish I could do what you are doing! So your RV is worth a lot to me.sence I can't have it So I get to live through you thank you mike

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  • October 17, 2020 at 10:47 pm
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    last 12 years had two great old vans ..paid $600. each for them from my late trusted mechanic . Spent less than 400 on there repairs . Got many trips to town..finally before the engine die the transmission quit . Now it sits near the roof -plan to use it to hold water tanks for rain water I catch. I did wire in the head lights thru a charger to my porch light switch..So when U go out to the bathroom odd house it`s head lights show u the way..my old van is still giving…lol

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  • October 17, 2020 at 10:47 pm
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    We view our Roadtrek as an investment in our relaxation and health. There is no value to place on that. It is priceless. Being semi retired, our Roadtrek is a goal of travel enjoyment. We purchased a 2014 from a private owner, and have treated our Roadtrek like a member of the family. We take our 6 – 8 week trip, come up with really neat organizing ideas every time we go out and when we come back , we schedule all the maintenance on the vehicle, the generator and tires. We the clean the TREK from top to bottom, inside and out. Then we store in covered storage which adds to our investment….but well worth it. Like anything else, any investment requires some kind of maintenance. that goes without saying. We have never viewed it as a depreciating issue in the least. THe money we saved in gas, accommodations and food is amazing. We leave for our trips enthusiastically and return well rested, appreciating our own great USA, and exited about planning our next trip. I can't say enough about the appreciating value it provides us in health, enjoyment, and excitement.

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  • October 17, 2020 at 10:47 pm
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    Sounds like a Roadtrek salesman. Is this an infomercial?

    Compare for sale by owner prices with new RV prices. Decide for your self how much it depreciates, and how much it is worth.

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  • October 17, 2020 at 10:47 pm
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    It’s obvious that this couple has the money to purchase it. If I was rich I would buy that very same one. I love it and life is short why not go in style if you can afford it.

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  • October 17, 2020 at 10:47 pm
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    I would agree, for the most part an RV is a depreciating asset, unless it's being built up. What has to be assessed is the term asset. If it's something you buy and just store away then it's not a great asset. If you use it then it becomes way more than an asset for all the great reasons you mentioned. It's also insurance in the event you have to leave the area due to local emergency. I tell my kids to forget getting a house and live in a Class B.

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  • October 17, 2020 at 10:47 pm
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    I am looking for my first RV and if we have an emergency we can live off the grid! That motivates me more and more to find one I love!

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  • October 17, 2020 at 10:47 pm
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    Never mind the lifestyle issue, there is no argument there. Financially, your RV is a depreciating asset to be sure, no question. That said, it depreciates much slower than the liquid assets you pump in to hotels, eating out by necessity. What you get back for the equity you lose, is up to the individual. Seems like a great dollar for joy investment for so many. For those who do not understand this, it is probably not the choice for them.

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  • October 17, 2020 at 10:47 pm
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    I won't defend the gentlemen's comment, but he is correct that it is a depreciating asset. In accounting speak, purchases have extrinsic value (how much you could sell it for) and intrinsic value (emotional attachment, memories, etc). Ideally the intrinsic value stays constant or grows over time while the selling price falls. It is unsurprising that some people will conclude that the purchase price and the enjoyment of using the motorhome could never be worth $100,000. Alternatively, the very definition of a good deal is one where you got more intrinsic value out of the purchase than you paid. I can see from the comments that many owners fall into that category.

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  • October 17, 2020 at 10:47 pm
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    Hello from Philadelphia,Pa.I see you're a Ham…..do you have a rig set up in your RT,if not why. We have a 34' TT and I put a nice setup in my truck.and I'm thinking about putting a 2m unit in our trailer.

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  • October 17, 2020 at 10:47 pm
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    the roadtrek according to my research are the less depreciative  camper     my choice for the comfort    and safety     I do not want to sleep in a hotel or motel   or a tent or a cheap van   my own choice

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  • October 17, 2020 at 10:47 pm
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    We look at it as an item that takes us places. We remodeled our current '96 fifth wheel into a like new RV. It's paid for. We can go anywhere the $100,000 rig will go. We don't need new. We don't need to impress anyone. The word "freedom" is overused and silly to me.
    Sure it's nice but he is right. The depreciation is ridiculous in a new RV. Buy used. Most of you missed his point.

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  • October 17, 2020 at 10:47 pm
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    Long time listener, first time comment. What is the largest Roadtrek?

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  • October 17, 2020 at 10:47 pm
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    Hello from central Mexico. We spent a lot of years gathering appreciating assets in order to be able to afford this wonderful depreciating asset while the real depreciating asset, our health, is still with us. Best money we've ever spent!

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  • October 17, 2020 at 10:47 pm
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    You can't put a money figure on memories. My husband and I have enjoyed so many good times and places because of our rv. Yeah, we've had to replace a bunch of stuff on it, but when you hop in the seat and set off, there's nothing like the feeling of new experiences.

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  • October 17, 2020 at 10:47 pm
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    sounds like a comment from a person that may not value happiness, like having children, vacations, travel or learning. I would hate to be married to that person.

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  • October 17, 2020 at 10:47 pm
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    Factor in lodging cost vs hotel, plus freedom and enjoyment, and RV wins. I bought used to minimize depreciation loss.

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  • October 17, 2020 at 10:47 pm
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    We are leaving NJ on Mon Sept 11 heading to Yellowstone. Any chance we will run into you in our travels?

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  • October 17, 2020 at 10:47 pm
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    We have a pleasure way. And even though its only a 2003 we love it. Its worth a million to
    us.
    We are about to leave on our first cross country trip. And can't wait to go.

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  • October 17, 2020 at 10:47 pm
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    Mike as an accountant type somethings just are not about accounting methods but about making memories while we have our health, living well and staying young. Sad it comes down to a hard number or a spreadsheet evaluation. Hope that this myopic view of his changes so he will find more joy in life. But you guys have it figured out, keep rolling and living it up. Wishing you both the best. Safe travels

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  • October 17, 2020 at 10:47 pm
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    Don't get hung up on an accounting term for something you own that does not grow in value over time. The term Depreciating Asset is just saying when you go to sell it you won't get more than you paid for it. That is all. Accounting terms do not reflect the fun or enjoyment value. I'm glad you enjoy your rigs and Roadtreking.

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  • October 17, 2020 at 10:47 pm
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    I believe the individual who made the comment was considering it a to be more of a car than an RV. Cars depreciate the minute the tires hit the street. However, an RV is a vacation home to some, and a full time residence to others. My RV is worth more to me, the more I use it. It's worth less to me if it just sits. The sights I see while traveling, and the people I meet are priceless.

    Reply

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