A recreational vehicle is a significant investment. When you purchase an RV, you need to be willing to pay thousands of dollars to buy and maintain it. Let’s look at how much it costs to maintain an RV and the components you need to protect and take care of it throughout the years.
What Goes Into RV Maintenance Costs?
Many decisions determine how much your RV maintenance costs. These decisions include:
Type of Recreational Vehicle
Do you want to invest in an RV that you drive across the country? Or would you prefer a travel trailer that you take on semi-annual camping trips? The type of RV you choose determines the accessories and care you’ll deal with when you take on RV ownership. For example, if you invest in a travel trailer, you need a tow vehicle to take the trailer to and from the campsites you visit. But if you invest in an RV you can drive, you won’t need a tow vehicle for it.
Your Preferred RV Lifestyle
How often do you plan to use your RV? If you use it only a few times a year and get regular RV maintenance and repair services for it, your costs may stay around $500 per year. If you’d prefer to stay on the road for months on end and spend more time in your RV than in a house or apartment, your costs could go well above $1,000 per year. The cost of owning an RV is higher when you spend the majority of your time living on the road.
Insurance Costs
RV insurance payments add to your yearly RV costs. Your driving record influences your RV insurance coverage, so keep that in mind when you invest in a recreation vehicle. A poor driving record could raise your RV costs significantly, while a good one often makes those costs more manageable.
Regular Maintenance and Storage
If you want to make your RV a long-term investment, you need to store it properly and ensure it receives regular maintenance. Why do storage and maintenance matter for an RV? Recreational vehicles sustain wear and tear every time you take them out on the road. If you store your RV by leaving it out in the elements in your driveway or an RV park, it could sustain avoidable damage. It’s best to rent a covered parking space for your RV to ensure it doesn’t take on unnecessary damage. A covered space could cost as much as $200 per month or more, but it reduces the RV repair costs you deal with in the long run.
Similarly, scheduling regular maintenance for your RV at least once a year prevents minor wear-and-tear problems from turning into major ones. If you leave wear and tear undealt with, your RV has to work harder to run properly. Regular maintenance resolves those small problems so your RV can run efficiently. You should also schedule an annual RV inspection to make sure no major problems have developed. Regular maintenance and inspections allow your RV to run smoothly and efficiently for years to come.
How Does Finance Solution Help You Manage Your RV Costs?
We help you manage your RV costs by providing financing options that meet your needs. We work with RV dealerships to assist customers like you in accessing loans, insurance, and warranties that help you afford your new purchase. We help you find a loan with an interest rate and a monthly payment level that you can manage. Once you handle your financing with us, you can invest in RV maintenance, storage, and accessories.
Begin Investing in Your RV With Finance Solution
If you’re ready to buy an RV through a dealership, reach out to Finance Solution today. We work with you and your dealer to find the right financing options for your purchase. We’re RV owners ourselves, so we understand the importance of RV financing and maintenance.
We want you to make the best investment you can when you purchase and maintain your RV. That’s why we work with dealerships and customers to provide the financing, insurance, and warranty options that work for everyone involved in the purchase.
